Investing Magazine

Investing

New York Assembly introduces crypto payments bill for fines, taxes

A bill introduced to the New York State Assembly on Jan. 26 would allow state agencies to accept cryptocurrency as a form of payment for fines, civil penalties, taxes, fees and other payments charged…..
Investing

UN rights chief asks Venezuela to release arbitrary detainees, end torture

CARACAS (Reuters) - Venezuela should release arbitrarily detained individuals and end torture, the United Nations High Commissioner for Human Rights Volker Turk said on Saturday at the end of a trip …..
Investing

Solana DeFi project Friktion shuts down its user platform

Solana decentralized finance (DeFi) platform Friktion is shutting down its user interface and urging customers to withdraw their assets from the protocol, according to a statement on Jan. 26. The p…..
Investing

The state of Solana: Will the layer-1 protocol rise again in 2023?

About two months after the FTX collapse, the Solana network is stronger than ever, according to Austin Federa, head of strategy and communications at the Solana Foundation. Federa defines the recen…..
Investing

MATIC Whale Triggers 20% Rally With $56 Million Transfer

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all co…..
Investing

IRS reminds taxpayers of crypto income reporting ahead of 2022 filing

With the deadline approaching for filing the 2022 federal income tax return, the Internal Revenue Service (IRS) — an enforcement agency of United States federal tax laws — released a list of reportin…..
Investing

S&P downgrades Hungary's ratings to 'BBB-/A-3'

(Reuters) - Credit ratings agency S&P on Friday cut Hungary's long- and short-term foreign and local currency sovereign credit ratings to 'BBB-/A-3' from 'BBB/A-2', citing persistently high infla…..
Investing

Biden picks Jeff Zients as next chief of staff

WASHINGTON (Reuters) -President Joe Biden on Friday picked his former COVID-19 policy coordinator, Jeff Zients, to be the next White House chief of staff, citing his expertise in health care and the …..
Investing

Former U.S. VP Pence says he takes responsibility for documents found at home

(Reuters) -Former Vice President Mike Pence said on Friday he had not been aware that classified documents were at his Indiana home and said he takes "full responsibility" for the security breach. P…..
Investing

Man who assaulted U.S. Capitol Police officer sentenced to 80 months in prison

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all co…..
Investing

Israel's Netanyahu says contested judicial overhaul would strengthen economy

JERUSALEM (Reuters) - Israeli Prime Minister Benjamin Netanyahu on Wednesday remained steadfast in his stance that a plan by his new right-wing government to overhaul the judiciary, which has come un…..
Investing

Marketmind: Gloomy economic signals

By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever. South Korea and the Philippines' GDP data are on the Asian data docket for investors on Thursday, as the …..
Investing

IBM tops Q4 forecasts powered by software growth; cuts 1.5% workforce

By Yasin Ebrahim Investing.com -- IBM reported Wednesday fourth-quarter earnings that beat analysts forecasts, driven by strong performance in software and the company announced job cuts following i…..
Investing

Kohl's close to naming Tom Kingsbury as permanent CEO - NYT

(Reuters) - Department store chain Kohl's Corp (NYSE:KSS) is in late-stage talks to name Tom Kingsbury as its permanent chief executive, the New York Times reported on Wednesday, citing two people fa…..
Investing

Consumer spending concerns has BMO sidelined on Bloomin' Brands

By Michael Elkins BMO Capital downgraded Bloomin' Brands (NASDAQ:BLMN) to a Market Perform rating (from Outperform) and cut the price target on the stock to $26.00 (from $29.00). Recent strength in …..
Investing

Smart contracts to power day-to-day Web3 company operations

Web3 firm MetisDAO Foundation launched Koris, a smart contract-based platform that allows decentralized organizations to operate and manage communities through an end-to-end operational infrastructur…..
Investing

Kimberly-Clark earnings beat by $0.02, revenue fell short of estimates

Investing.com - Kimberly-Clark (NYSE: KMB) reported fourth quarter EPS of $1.54, $0.02 better than the analyst estimate of $1.52. Revenue for the quarter came in at $5B versus the consensus estimate …..

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Intersting Reads
NY Times

Kyiv Planning for Total Evacuation if It Loses Electricity

Kyiv is facing rolling blackouts to help prevent a complete failure of Ukraine’s electrical grid. As a subscriber, you have 10 gift articles to give each month. Anyone can read what you share. The c..
ABC News

How an Australian basketball team went from playing with Magic Johnson to losing their jobs in a matter of weeks

It's November 2002, and NBA legend Magic Johnson is lacing up his sneakers for an exhibition game against his former college basketball team, the Michigan State Spartans. The 43-year-old former Los …..