El Salvador’s attempt to embrace Bitcoin (CRYPTO: BTC) as legal tender has conclusively proven that the cryptocurrency is not viable as a widespread payment system, accord read more
US markets closed mixed, with gains in Coca-Cola and Apple offsetting Tesla’s decline. Fed Chair Powell not in rush for rate cuts. Volatility likely. read more
Autonomous vehicles will be a transformational addition to the ride-hailing marketplace, according to Lyft CEO David Risher. read more
U.S. stock futures fell on Wednesday after a mixed close on Tuesday as Federal Reserve Chairman Jerome Powell Congress testimony. read more
Missouri Attorney General Andrew Bailey has filed a lawsuit against Starbucks for violating anti-discrimination laws. Bailey claims the company enforces race and gender-based hiring quotas, leading to higher costs and longer service delays for consumers. read more
Building a mine is a difficult, multi-decade process with high costs and risks. Shutting down productive mines for legal disputes leads to supply shortage and higher prices, affecting the industry and economy. read more
Jurrien Timmer, Director of Global Macro at Fidelity Investments, expressed concerns about the strength of the S&P 500’s recovery. His insights come amidst a backdrop of soaring valuations and robust corporate earnings. read more
Super Micro Computer Inc (SMCI) is trading 5.6% higher in pre-market on Wednesday as it announced yesterday that it would meet the SEC filing deadline to avoid delisting. read more