Tag Archives: Finance

The Telegraph Billionaire behind world’s biggest crypto exchange faces reckoning The first time Changpeng Zhao left China, he was just 12 years old. His father, an academic who had been forced out of university during Mao’s Cultural Revolution, had fled to Canada when Zhao was six, and it took until 1989 for the rest of his family to follow. Almost three decades later, Zhao was forced out a second time. A Beijing crackdown on cryptocurrencies meant his fledgling start-up, Binance, left… Source link

Reuters Macron rolls out red carpet to JPMorgan, global CEOs in post-Brexit push President Emmanuel Macron will declare that Paris is back on the map of global finance on Tuesday when he inaugurates JPMorgan’s new trading hub in the French capital which he hopes will attract more bankers leaving post-Brexit Britain. The U.S. bank’s chief executive, Jamie Dimon, will be one of almost 120 international CEOs travelling to Versailles on Monday for Macron’s now traditional “Choose France” summit… Source link

Eric Rosengren, president of the Federal Reserve Bank of Boston, spoke with Yahoo Finance to discuss inflationary pressures and what lies ahead for Fed policy. Below is a transcript of his appearance on June 25, 2021. – BRIAN CHEUNG: Joining us now here on Yahoo Finance is the president of the Federal Reserve Bank of Boston, Eric Rosengren. It’s great to see you, President Rosengren. I want to kick off our conversation as Alexis was saying, a lot of eyes are on Federal Reserve policymakers. But… Source link

Joining the “ETF Report” with hosts Alexis Christoforous and Kristin Myerson, ETF Trends CEO Tom Lydon spoke to what investors should be expected following the recent infrastructure deal. As far as what ETFs to look at for the investors looking to find exposure based on the infrastructure deal, Lydon points out the Global X Infrastructure And Development ETF (PAVE), the iShares Global Infrastructure ETF (IGF), the iShares U.S. Infrastructure ETF (IFRA), the FlexShares STOXX Global Broad… Source link

BIG3 Co-Founder and music and film legend Ice Cube sat down with Brian Sozzi to discuss the BIG3, his 3v3 basketball league that is re-starting it’s season in July, as well as his thoughts on social justice and diversity as the one year anniversary of his Contract with Black America approaches. Video Transcript BRIAN SOZZI: Joining “Yahoo! Finance” now is Ice Cube. Cube, good to finally talk with you here. So you just launched the fourth season of your basketball league. Tell us a… Source link

Over 5 decades ago, police raided the Stonewall Inn, a gay club in New York City Greenwich Village. The events that followed fueled the modern lesbian, gay, bisexual, trans (LGBTQ+) rights moment. And as the Big Apple was walloped last year by the COVID-19 pandemic, the historic club — like many other small business and cultural mainstays in the city — found itself in dire financial straits. Currently, New York City is in the midst of a revival, and celebrating Pride Month. Yet back in… Source link

With Coca-Cola’s stock (KO) recently getting a favorable mention among meme stock traders on Reddit, it shouldn’t come as a shock shares of the beverage maker are seeing significant interest after a high-profile athlete snub.  Soccer great and well-known health fan Cristiano Ronaldo sat down at a press conference Tuesday at the Euro 2020 and angrily moved two bottles of Coca-Cola to the side (see video below). Coke is a sponsor of Euro 2020. Ronaldo — who has roughly 392 million followers… Source link

Bitcoin’s (BTC-USD) chances of falling below $10,000 have increased significantly since mid-April, according to betting aggregators US-Bookies.com. The odds that Bitcoin drops to $10,000 in 2021 were 8/11 (57.9% implied probability), a sharp increase from mid-April, where the odds were 4/1 (20%). “The latest trends have not indicated a positive outcome for the popular cryptocurrency,” a US-Bookies spokesperson said. Bitcoin rose over $2,000 Thursday after the Basel Committee recognized… Source link

Bloomberg TPG-Backed PropertyGuru Eyes $2 Billion Thiel SPAC Deal (Bloomberg) — Bridgetown 2 Holdings Ltd., the blank-check company backed by billionaires Richard Li and Peter Thiel, is in advanced talks to merge with Singapore’s online real estate firm PropertyGuru Pte, according to people with knowledge of the matter.The special purpose acquisition company has been in discussions with PropertyGuru on the potential deal, which could be announced as soon as next month, said the people, who… Source link

On Sunday, Salvadoran President Nayib Bukele tweeted out his new profile picture. It featured the popular, young upstart standing at a podium with a bitcoiner’s blood red laser eyes (instead of the usual statesman’s stare). In the background stand a few national guardsmen.  The day before, in a pre-recorded video screened to the 12,000 attendees of Bitcoin Miami, the 39-year-old president announced he had drafted a bill to present to the nation’s legislature to make bitcoin an official… Source link