Growing tensions between Russia and Ukraine came to a head in early February 24, when Russia launched a deadly invasion of its neighboring nation, with explosions and missile strikes in the Ukrainian capital of Kiev and several other cities. The potential of Russian military aggression in Ukraine has weighed on global financial markets for weeks. … Read more
In a recent shilling case, US celebs Kim Kardashian, boxer Floyd Mayweather Jr, and basketball player Paul Pierce, among others, were sued by investors for misleading them into investing in the EthereumMax cryptocurrency. The lawsuit, according to reports, claims that EthereumMax has bonded with these celebrities to “deceptively promote and sell” the cryptocurrency. In her … Read more
US equities opened 2022 with tepid gains as investors monitored the cases of the Omicron variant of Covid-19 and other factors that could weigh on equities this year. The S&P 500 gained 0.4% in early trading on Monday. The index ended 2021 up 27%, hitting 70 record highs along the way. The technology-focused Nasdaq Composite … Read more
US equities closed slightly lower on Thursday, reversing intraday gains after new economic data indicated that a recent surge in Covid-19 infections related to the Omicron variant did not lead to a spike in layoffs. The S&P 500 fell 14.33 points, or 0.3%, to 4778.73 per day after the broad market index rose to a … Read more