Paxos, a company known for helping big names like PayPal and Nubank offer crypto services, has just bought Fordefi, a startup that makes crypto wallets for DeFi. This deal is worth over $100 million, showing that Paxos is serious about getting into the DeFi game. DeFi, or decentralized finance, has
Bitcoin's price has been on a rollercoaster, recently bouncing back to around $88, 000 after a dip towards $80, 000. While this might seem like good news, there's a lot going on beneath the surface that's causing concern. First off, the market's liquidity has taken a hit. Liquidity refers to how ea
Best Buy has raised its yearly sales forecast, thanks to a strong third quarter. The electronics giant beat Wall Street's expectations, with customers eager to upgrade their tech gadgets. They're buying more computers, gaming consoles, and smartphones. The company now expects to make between $41. 6
The Nasdaq composite took a hit on Tuesday, ending a brief winning streak. Investors are worried about the growing competition in the artificial intelligence (AI) sector. Nvidia and other tech stocks saw a decline. This happened after a report said Meta is thinking about spending a lot on Google's A
People are feeling less sure about the economy and their own futures. A recent survey shows that worries about finding a job are growing. The survey's main number, which measures how people feel about the economy, dropped to 88. 7 in November. This is the lowest it's been since April and a big drop
Bitcoin, the first cryptocurrency, has been on a rollercoaster ride lately. After a rough patch, things seem to be calming down. The price has been holding steady around $88, 000, which is a big improvement from last week's drop. That drop was so bad it hit a seven-month low and wiped out over $1 tr
The housing market is experiencing a shift. More homeowners are deciding to pull their properties off the market. This trend is driven by several factors, including weak buyer demand, softening home prices, and overall economic uncertainty. In September, nearly 85, 000 U. S. sellers took their home
The Federal Reserve's next move is under scrutiny as recent economic indicators hint at a slowdown. Retail sales have taken a dip, signaling that consumers might be tightening their belts. This isn't just a small blip; it's a notable decline that could have broader implications. Meanwhile, the ADP
Barnes & Noble Education's stock is soaring today. This is big news for investors. The company just shared some good financial news. They expect to make more money this year than last. Their sales are up, and they are turning a profit again. The company also fixed a problem with their accounting. I
The movie "Wicked: For Good" surprised everyone by making a huge splash at the box office. It earned around $150 million in the U. S. and Canada, and over $226 million worldwide during its opening weekend. This was a big deal because the movie market had been slow for nine weeks straight. The film s
