GameStop is the latest tech company to lay off employees and downsize its cryptocurrency team

07.12.2022
The company has begun another round of layoffs, according to several posts and LinkedIn posts from former employees. Axios reports, citing a company source, that the crypto team, which is building a blockchain-based wallet, has...
Read more

Nike (NKE) falls harder than broad markets: What you should know

07.12.2022
Shares of Nike (NKE) closed at $107.93 in the latest trading session, down -1.54% from the previous day. This change lagged the S&P 500's 1.44% decline for the day. Elsewhere, the Dow lost 1.03% and...
Read more

Bankrupt cryptocurrency lender Celsius received court approval to extend deadline for filing restructuring plan

06.12.2022
Cryptocurrency lender Celsius Network has received permission from the U.S. Bankruptcy Court for the Southern District of New York to extend the deadline for filing a restructuring plan. The new deadline for Celsius to file...
Read more

Georgia’s Senate election is today. Here’s what it means for the economy and the markets

06.12.2022
Georgia's Senate race between incumbent Democrat Rafael Warnock and Republican challenger Herschel Walker will end in a runoff election on Tuesday. The outcome should not affect the economy in general or the markets specifically, but...
Read more

CFDA reveals NFT’s upcoming debut collection

02.12.2022
The Council of Fashion Designers of America unveiled its first NFT collection Thursday ahead of its official launch Dec. 12 as part of a broader initiative to create a metaverse to celebrate the organization's 60th...
Read more