October’s Consumer Price Index (CPI) will serve as the latest test of whether an inflation resurgence is a risk to the US economy as the Federal Reserve debates its next interest rate decision after cutting rates by a quarter percentage point last week. Read more: What the Fed rate cut means for bank accounts, CDs, loans, and credit cards The report, set for release at 8:30 a.m. ET on Wednesday,
Archbishop Justin Welby stepped down under pressure over allegations that he had failed to act adequately against a serial child abuser. Source link
JUST IN: Michael Saylor’s MicroStrategy stock $MSTR hits new all-time high. @WatcherGuru
Article content Labour Minister Steven Mackinnon has put an end to the work stoppages at Quebec and British Columbia ports by ordering binding and final arbitration. Mackinnon said on Tuesday the negotiations had hit an impasse and the economic and reputational damage to Canada as a reliable trade partner was in jeopardy. “If these work stoppages go on, the impacts will only worsen, and our well-earned reputation for reliability will
Check out the companies making headlines in midday trading. Shopify — Shares surged 26% after the e-commerce platform operator posted third-quarter operating income of $283 million, higher than the $122 million in the same quarter a year ago. Shopify’s $2.16 billion revenue beat a FactSet estimate of $2.12 billion. The stock was on track for its best day ever. Live Nation Entertainment — The live music and entertainment company gained
StarkWare, the main developer firm behind Starknet, had shared in July that it would introduce a proposal for staking on the blockchain, but had not previously fixed the date of the rollout. Source link
Pay for bankers and traders had been weighed down by higher interest rates and economic uncertainty. Source link
The newly discovered malware is interesting for being the first of its kind detected, but it seems to have been a trial balloon. Source link
Details about a proposed law to legalize assisted dying in England and Wales have been published, rekindling debate on the controversial topic ahead of a vote in Parliament later this month Source link
Enterprise software firm MicroStrategy is sitting on over 100% gains on its Bitcoin (BTC) holdings as the value of the stash crosses the $24 billion mark. Michael Saylor’s MicroStrategy is currently holding 279,420 BTC worth $24.45 billion, according to Bitcoin Treasuries. Data shows that the firm’s average cost per Bitcoin stands at $42,692, translating to gains of close to 105%. Source: Bitcoin Treasuries Bitcoin is trading at $87,669 at time
