Tag Archives: Dump

China tells state banks to prepare for a massive dollar dump and yuan buying spree as Beijing’s prior interventions have failed to stem its currency’s worst year since 1994

China tells state banks to prepare for a massive dollar dump and yuan buying spree as Beijing’s prior interventions have failed to stem its currency’s worst year since 1994

Chinese President Xi Jinping.Kevin Frayer/Getty Images Reuters reported that China told state-owned banks to get ready to sell dollars and buy yuan in an effort to prop up the local currency. The move could stem the yuan’s fall, as it remains on track for its largest annual loss against the dollar since 1994. A hawkish Fed has pushed the dollar to 20-year highs this year, pressuring currencies around the world. The People’s Bank of China has told major state-run banks to prepare to shed dollar… Source link

Read More »

Dwayne Haskins, Steelers quarterback, dies after being hit by dump truck in Florida

Dwayne Haskins, Steelers quarterback, dies after being hit by dump truck in Florida

Pittsburgh Steelers quarterback Dwayne Haskins died early Saturday morning after he was hit by a dump truck near Fort Lauderdale, Florida. He was 24. According to the Florida Highway Patrol, Haskins was walking on a “limited access facility (highway/expressway) for unknown reasons” around 6:37 a.m. The FHP said he was attempting to cross westbound lanes of Interstate 595 when he was hit by a dump truck. He was pronounced dead at the scene, per the FHP, and traffic homicide investigators were… Source link

Read More »

1 Stock To Buy, 1 To Dump When Markets Open: Palo Alto Networks, Yandex

1 Stock To Buy, 1 To Dump When Markets Open: Palo Alto Networks, Yandex

Stocks on Wall Street ended sharply higher on Friday to close out a week of trading, with the notching its biggest one-day gain since November 2020. The week ahead is expected to be another eventful one as investors monitor fresh geopolitical developments related to the Russia-Ukraine crisis. In addition, we’ll also hear congressional from Federal Reserve Chair Jerome Powell, as well as see important economic data, such as the latest U.S. and ISM surveys. Earnings from like Zoom Video… Source link

Read More »

DeFi Tokens Aave and Uniswap Climb While ETH and BTC Dump

DeFi Tokens Aave and Uniswap Climb While ETH and BTC Dump

Bitcoin and ether seem to be more sensitive to a fickle global stock market. But that hasn’t affected aave and uniswap and other altcoins making huge upward swings, fueled by DeFi hype. Aave (AAVE) trading around $567 as of 21:00 UTC (4 p.m. ET). Gaining 27.7% over the previous 24 hours. Uniswap (UNI) trading around $40.69 as of 21:00 UTC (4 p.m. ET). Gaining 7.6% over the previous 24 hours. Ether (ETH) trading around $4,090 as of 21:00 UTC (4 p.m. ET). Gaining 0.33% over the previous 24… Source link

Read More »

Target, Google and others are under pressure to dump the Chamber of Commerce over voting rights

Target, Google and others are under pressure to dump the Chamber of Commerce over voting rights

Progressive activists are calling on Ford, Target, Google, Bank of America and other major companies that have pledged to support voting rights to cut ties with the US Chamber of Commerce, CNN Business has learned. At issue is the Chamber of Commerce’s fierce opposition to the Democrats’ sweeping voting bill known as the For the People Act, which advocates say would counter efforts by Georgia and other states to impose new voting restrictions. The Chamber of Commerce has Source link

Read More »

Rams use Lions to dump Jared Goff’s disastrous deal

Rams use Lions to dump Jared Goff’s disastrous deal

For weeks, the deeply flawed crown jewels of the 2016 NFL draft’s quarterbacks class presented the league with a pressing question about resolving a massive error. As the Philadelphia Eagles pondered the future of Carson Wentz and the Los Angeles Rams considered swapping out Jared Goff, onlooking NFL teams were mulling an issue that overarched both franchises. Sure, you might find a trade partner willing to reboot the careers of Goff or Wentz, but what could convince a trade partner to eat… Source link

Read More »

Google Pressed in Lawsuit to Dump Telegram Just Like Parler

Google Pressed in Lawsuit to Dump Telegram Just Like Parler

(Bloomberg) — A former U.S. ambassador wants Google to do to Telegram what it did to Parler. Marc Ginsberg sued the Alphabet Inc. unit Monday, asking a California court to require it to remove the Telegram Messenger app from the Google Play Store because it facilitates violence, extremism and anti-Semitism. Telegram, especially in the wake of George Floyd’s killing and the inauguration of Joe Biden as president, has been used to threaten, encourage and coordinate racist violence, claims… Source link

Read More »

Trevor Milton Can Dump His Nikola Stock On Monday — Will He?

Trevor Milton Can Dump His Nikola Stock On Monday — Will He?

TipRanks Goldman Sachs: These 3 Stocks Could Spike Over 40% Expectations of good news on the near horizon are buoying markets right now. Over the past month, both the S&P 500 and the NASDAQ are up 11% to new record highs.Investors are excited at the prospect of a COVID vaccine coming before the winter is out. And the electoral results, that Democrat Joe Biden will ascend to the Presidency while the Republicans will emerge strengthened in Congress, promise the avoidance of extremes typical of… Source link

Read More »