Home / 2023 / October (page 22)

Monthly Archives: October 2023

Coinbase ‘confident’ a U.S. bitcoin ETF will be approved

Coinbase is confident that a U.S. bitcoin exchange-traded fund will be approved by the U.S. Securities and Exchange Commission, the company’s chief legal officer, Paul Grewal, told CNBC. “I’m quite hopeful that these [ETF] applications will be granted, if only because they should be granted under the law,” Grewal said …

Read More »

10-year Treasury yield retreats after rising to 5% in previous session

U.S. Treasury yields ticked lower Friday after rising to a 16-year high as investors digested comments by Federal Reserve Chairman Jerome Powell. The yield on the 10-year Treasury fell to 4.9499% by 2 a.m. ET, down around 4 basis points. The 2-year Treasury yield was trading around 5.1418%, down around 3 basis points. During …

Read More »

Public gaming companies sit on $45 billion cash hoard, Konvoy says

Gamers play the video game “Star Wars Battlefront II” during the “Paris Games Week” on Oct. 31, 2017. Chesno Publicly listed gaming companies are sitting on a $45 billion pile of cash and cash equivalents — and that could lead to greater consolidation in the $188 billion video games market, …

Read More »

Turbine troubles have sent wind energy stocks tumbling — and a slew of issues remain

A Siemens Gamesa blade factory on the banks of the River Humber in Hull, England on October 11, 2021. PAUL ELLIS | AFP | Getty Images As the biggest players in wind energy gear up to report quarterly earnings, supply-chain reliability issues are front and center for both stock analysts …

Read More »

Ukraine ally Poland is moving to the political center. Bad news for Russia’s Putin

The Polish opposition Civic Coalition’s leader Donald Tusk speaks during election night in Warsaw. Sopa Images | Lightrocket | Getty Images Poland’s election result may not go down well in Moscow, as observers describe a victory for liberal centrism and an expected thawing of the country’s frosty relations with both …

Read More »

PC demand is back, says Acer CEO who sees robust growth

Taiwan-based computer manufacturer Acer said that personal computer demand is rebounding, after hitting the bottom this year. “We have seen the demand reach the bottom during about the May timeframe this year and ever since that, the demand has come back. For Q3, we have already seen year-to-year growth,” chairman and …

Read More »

Fast fashion brand must clear hurdles before going public

It’s no secret that Shein has ambitions to go public, but the fast-fashion juggernaut will have to overcome a slew of hurdles before it can win over Wall Street. The digitally native retailer skyrocketed to prominence during the Covid-19 pandemic after shoppers across the globe fell in love with its …

Read More »

Where to start if you’re overwhelmed by paying back your student loans

Federal student loan borrowers had payments due on their loans this October for the first time in over three years.  While many borrowers have experienced problems with repayment, like inaccurate billing statements or trouble contacting their loan servicers, most borrowers should be settling back into repayment by the end of …

Read More »

Here’s how much your check may be in 2024

Wand_prapan | Istock | Getty Images How to calculate your Social Security COLA for 2024 There are two ways you can calculate how much your 2024 monthly Social Security check may be, according to Joe Elsasser, a certified financial planner and founder and president of Covisum, a provider of Social …

Read More »

Meta, Apple, Google cheer FCC ruling that could spur new VR, AR apps

An attendee uses a Meta Platforms Inc. Quest 3 virtual reality (VR) headset during an event in San Francisco, California, US, on Sept. 18, 2023.  David Paul Morris | Bloomberg | Getty Images The Federal Communications Commission on Thursday agreed to open a band of spectrum for some devices in …

Read More »