The "good ship Transitory," despite an ominous record, appears ready to sail again for the Federal Reserve.Economic projections the central bank released Wednesday indicate that while officials see inflation moving up this year more rapidly than previously expected, they also expect the trend to be short-lived. The outlook spurred...
ROME, ITALY, March 19th, 2025, FinanceWireB2BINPAY, an all-in-one crypto ecosystem for business, together with Athletic Bilbao, presents a new video that demonstrates how the company continues to bring crypto payments closer than ever before to enthusiastic football fans around the world.The video, filmed at the renowned San Mamés Stadium,...
Wall Street may be getting used to the uptick in volatility that started when President Donald Trump began implementing his tariffs on China, Canada and Mexico. But typical stockholders may not be faring that well, with the S & P 500 pulling back 3.9% in 2025. However, if investors...
Check out the companies making headlines in midday trading: Autodesk — Shares of the design software maker rose nearly 4% after Starboard Value said it is preparing to wage a proxy fight and intends to nominate a minority slate of director candidates ahead of the company's upcoming annual meeting. MicroStrategy —...
After hitting record lows at the start of the pandemic, mortgage rates began to climb in 2022 and haven’t come down significantly since. With 30-year mortgage rates hovering at over 6.5% today (they were as low as 2.49% in 2020!), buying a home is simply not that attainable for many...
Miami, Florida, March 19th, 2025, FinanceWireNext Layer Capital has officially become a member of Bitcoin for Corporations (BFC), an initiative led by BTC Inc to accelerate corporate Bitcoin adoption. This strategic move aligns the firm with a corporate network of teams integrating and advancing Bitcoin initiatives. Next Layer Capital’s Role...
Bank of America CEO Brian Moynihan said Wednesday that consumers are continuing to spend and economic growth should be solid though slower this year.Despite surveys indicating that confidence is at a nearly three-year low amid increasing worries about inflation, Moynihan told CNBC that spending data shows consumers are still...
Every year, millions of basketball fans fill out brackets trying to pick the winning teams for the NCAA's March Madness men's basketball tournament, often competing in office-wide pools in hopes of scoring prizes ranging from bragging rights to thousands of dollars.Berkshire Hathaway is no different. Chairman Warren Buffett has...
Check out the companies making headlines before the bell. HealthEquity — Shares of the health-focused fintech company plunged 15% following weaker-than-expected fourth quarter earnings. HealthEquity, posted non-GAAP earnings per share of 69 cents on revenue of $311.8 million. Analysts polled by FactSet expected earnings of 72 cents per share...
Chinese tech company Tencent is a gaming giant and the parent company of WeChat, the ubiquitous social messaging app in China.Cheng Xin | Getty Images News | Getty ImagesTencent on Wednesday posted a fourth-quarter beat on top and bottom line driven by a surge in gaming and advertising revenue.Here's...