Author: Anthony M. Orbison
By Nathan Gomes (Reuters) -Top U.S. automakers reported a fall in their third-quarter sales on Tuesday, hurt by fewer selling days and weaker consumer spending amid inflationary challenges and higher interest rates. Carmakers have relied on crossovers and pickup trucks for years to drive the bulk of their sales, but that growth is starting to sputter as customers work with tighter budgets because of economic uncertainties. General Motors (NYSE:) reported a 2.2% fall in quarterly sales, as demand for some of its big pickup trucks such as its best-selling Silverado weakened. Crosstown rival Ford (NYSE:) is expected to post weaker…
Este artículo también está disponible en español. The Bitcoin mid-September rally has slowed down leading up to the end of the month. Although it ended September at a green monthly candle close, the cryptocurrency has fallen below the psychological $65,000 price mark again, with the fear and greed index returning from greed to neutral sentiment. This seems to have caused some second-guessing among Bitcoin investors. However, CryptoQuant CEO Ki Young Ju is not entertaining any such thought. According to Ki Young Ju, Bitcoin is still in the middle of a bull cycle. This is positive news for Bitcoin investors, as…
(Bloomberg) — Bonds and gold climbed while stocks dropped as investors retreated to safer corners of the market on indications Iran is preparing to attack Israel.Most Read from BloombergTech stocks were the worst performers with Apple Inc. and Nvidia Corp. sinking more than 3% as the Nasdaq 100 lost 1.7% and the S&P 500 fell 1%. Treasury yields were lower across the board as the two-year dropped to around 3.6%.A report that the US is actively supporting preparations to defend Israel against the possible attack spurred gains across haven assets. Gold climbed to near $2,670 an ounce while a gauge…
While the name Dominica opens it up for confusion with the much more well-known tourist destination of the Dominican Republic, the island nation is also home to miles of beaches and has increasingly been attracting visitors looking to shake up their annual sunny getaway.Nestled between fellow Caribbean territories of Martinique and Guadeloupe, Dominica saw over 339,000 international tourists throughout 2023. Given that this is a spike of 37% from the year before, mainstream airlines are increasingly moving in to a market formerly served exclusively by low-cost and charter airlines.Related: There are now flights to this sunny destination from almost every…
Este artículo también está disponible en español. The long-anticipated trading of Eigenlayer’s EIGEN token began today, following the lifting of transfer restrictions that had been in place since the token’s launch in May. Major cryptocurrency exchanges including Binance, Kraken, Coinbase, ByBit, and OKX have listed EIGEN, providing liquidity to holders of the token, many of whom received it through airdrops earlier this year. In a statement released through X, the Eigen Foundation highlighted the importance of this milestone: “We’re thrilled to announce the unlocking of the EIGEN token, a big step for the Eigenlayer ecosystem. This opens up new possibilities…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Eurozone inflation dropped to 1.8 per cent last month, dipping below the European Central Bank’s target for the first time in three years and bolstering expectations of an interest rate cut at its next meeting.Tuesday’s preliminary figures for annual consumer inflation for September matched economists’ expectations in a Reuters poll and compared with August’s rate of 2.2 per cent.Markets anticipate that the ECB will cut benchmark rates by a quarter point to 3.25 per cent when it meets next on October 17,…
Investing.com – Turkey stocks were lower after the close on Tuesday, as losses in the , and sectors led shares lower. At the close in Istanbul, the lost 3.25% to hit a new 3-months low. The best performers of the session on the were Alfa Solar Enerji AS (IS:), which rose 5.13% or 2.70 points to trade at 55.30 at the close. Meanwhile, Besiktas Futbol Yatirimlari Sanayi ve Ticaret AS (IS:) added 4.55% or 0.26 points to end at 5.97 and ENKA Insaat ve Sanayi AS (IS:) was up 1.63% or 0.74 points to 46.04 in late trade. The worst…
WHO WE’RE FOLLOWING: Wicked BitcoinIt’s 2024 and there’s a new mystery surfacing around Bitcoin’s creator Satoshi Nakamoto. In this case, discussion of a new enigma first surfaced on X, where everyone’s favorite ch-artist Wicked Bitcoin posted the discovery.Essentially, the finding boils down to this:It’s clear that Satoshi Nakamoto was an early Bitcoin miner – after all, he sent bitcoins to early contributors, and since he didn’t set himself up with a sweet “founder’s allocation,” they could have only come from mining.That said, we don’t really know how many bitcoins Satoshi mined. (He never commented on it publicly, aside from one…
Reading is fundamental, but it can also be filling. Pizza Hut has announced plans to give away 1 million free pizzas as part of National Book Month. The company’s Book It! Program will give a free personal pan pizza to anyone—children or adults. And this time, you don’t even have to read a book (but why pass up that luxury?). To get the free pie, you’ll need to checkout either online or via the company’s app and have a minimum purchase of $8. Use the code BOOKIT40 to add the personal pan pizza to the order. This marks 40 years…
The entertainment sector is made up of companies that produce and distribute media content, operate theme parks, and provide leisure activities. This includes film studios, streaming services, video game developers, and live entertainment venues. Entertainment stocks represent ownership in these companies traded on public exchanges. The sector has undergone significant changes with the rise of digital streaming and interactive entertainment. Investing in entertainment stocks can offer several potential benefits. These companies often have strong brand recognition and loyal fan bases. Many entertainment firms have recurring revenue models through subscriptions or franchises. The sector can be resilient during economic downturns as…