Earlier, Musk had stated that for him “holding Bitcoin” for an “S&P 500 company” seemed “adventurous”. Tesla’s chief executive officer, the billionaire Elon Musk has remarked that Ethereum and bitcoin process “seemed high” during the time when cryptocurrencies have been at their record high as...

The US Federal Reserve (Fed) has predicted new problems for the national economy, Reuters writes. The US central bank's management spoke about possible threats in a speech before Congress with the traditional report for the last six months. According to the Fed's assessment, there remain...

With a growing number of United Kingdom linked digital financial companies getting licenses in Lithuania so that they are able to operate within the European Union due to the complexities created by the Brexit, this EU country is fast becoming a fintech hub.   According to the Invest...

With the crypto currency bitcoin touching new record highs again as late as last Friday, the co-founder and chief of the United States based electric car maker Tesla is of the opinion that the current prices of bitcoin “seem high”.   He made this comment on Saturday.   This Friday, a...

Prosecutors have already requested information on GameStop and AMC stock trades in a criminal case of market manipulation. The Securities and Commodity Futures Trading Commission is also looking into the actions of Reddit traders with stocks and silver futures. The US Department of Justice has...

The US House Financial Services Committee has approved a proposal to provide another $15bn financial aid package to US airlines. This was reported by Reuters. This is the third bailout package for the airline industry, which is in serious crisis in a pandemic. The package will be included in the...

According to industry groups and former United States officials, countering China’s growing technological power needs development of China’s growing technological power by the new Biden administration of the US.   Among the measures that the Biden administration needs to take include...

Kraft Heinz Co. third largest food and beverage company in North America and the fifth-largest food and beverage company in the world, has finalised plans to divest its nuts business and will be selling off those businesses units, including most of its Planters and Corn Nuts products, to Hormel...

The increased red tapism and border disruption because of Brexit is causing problems for almost half of British exporters to the European Union, showed a survey that is one of the most comprehensive one since the leaving of the United Kingdom from the EU.   According to the survey carried...