News
The Crypto Community's Frustration with President Biden's Approach to Digital Assets
The crypto community is becoming frustrated with President Biden's approach to digital assets, causing some to consider a second Trump administration. However, a closer examination of Trump's tenure and statements on crypto raises skepticism about the potential benefits for the industry. Supporters of cryptocurrency believe that a second Trump administration may bring a more favorable environment for the industry, as opposed to the current Democratic opposition to crypto-friendly legislation.
Fisker Inc.: Struggling in the World of Meme Stocks
Fisker Inc. is struggling as its stock plummets and fails to deliver on business forecasts. Short interest is high, and the company is revamping its business model. Can Fisker overcome these obstacles and regain its position in the market?
Centaur Media Expects Lower Revenue for Full-Year 2023
Centaur Media expects lower revenue for full-year 2023 due to challenging environment, but surpasses profit margin target through operational improvements.
Pepco Group: Potential Supply Chain Risks Due to Conflict in Red Sea
Discount retailer Pepco Group warns of possible supply chain challenges from conflict in the Red Sea. Revenue decline and cautious outlook due to Houthi fighters' attacks and increased freight rates.
Alcoa Announces Production Outlook for 2024
Alcoa projects increased aluminum production and consistent shipments for 2024, while expecting a decline in alumina output. Trading volumes and smelter restarts play a role in these forecasts.
BHP Group Reports Mixed Results in First-Half Production
BHP Group reports mixed first-half production results with declines in iron ore and metallurgical coal, but growth in copper, energy coal, and nickel.
Middle Ground Found in Controversial Capital Requirements for Banks
Federal Reserve governor Michelle W. Bowman expresses optimism about finding a middle ground in the proposed capital requirements for banks, while banking groups voice concerns over the potential detrimental effects on the American economy.
The Importance of Financial Education for Students and Adults
Test your financial knowledge with this personal finance quiz and see how well you do. Topics include interest rates, compound interest, savings, investments, and college costs.
Canadian Manufactured Product Prices Continue to Decline
Canadian-manufactured product prices have experienced a third consecutive monthly decline, affecting the economy. Energy and petroleum prices play a significant role in this decline, impacting both manufacturers and consumers.
NFI Group Expects Strong Growth in 2023
NFI Group expects strong growth in revenue and adjusted earnings for 2023, with a significant increase in deliveries and reduced debt leverage. The company aims to achieve $4 billion in revenue by 2025.