Sunday, January 23, 2022
Home > 2021 > November > 22

Stocks making the biggest moves midday: General Motors, Astra, Activision Blizzard and more

The GM logo is seen on a water tank of the General Motors assembly plant in Ramos Arizpe, in Coahuila state, Mexico February 11, 2021.Daniel Becerril | ReutersCheck out the companies making headlines in midday trading.Activision Blizzard — The video game stock continues to be on watch as the

Read More

Digital payments led to rise in the buy-now-pay-later model, biz growth of local mom-and-pop stores: Study

Rise in digital payments has led to an increasing trend of timely repayment by customers who mostly resort to the buy-now-pay-later (BNPL) model from their local mom-and-pop shops, with as many as 30 lakh customers settling their dues on time post-Diwali, according to a study. India's informal BNPL model

Read More

Here’s what you need to know about Lael Brainard, Biden’s pick for vice chair at the Fed

Lael Brainard, governor of the U.S. Federal Reserve, listens during an event sponsored by the Economic Club of New York in New York, U.S., on Tuesday, Sept. 5, 2017.Mark Kauzlarich | Bloomberg | Getty ImagesLael Brainard is often the outlier.In her role as one of seven Federal Reserve governors,

Read More

Crypto start-up MoonPay hits $3.4 billion valuation as bitcoin fever reaches new heights

MoonPay CEO and co-founder Ivan Soto-Wright speaking at the Bitcoin 2021 conference in Miami, Florida.Eva Marie Uzcategui | Bloomberg | Getty ImagesCryptocurrency start-ups have raised record funding this year.It's no surprise, then, that some major players in the space — from the Winklevoss twins' virtual currency exchange Gemini to

Read More

RBI scheme says PMC depositors to be paid over a period of 3 to 10 yrs

The Reserve Bank of India (RBI) has detailed a draft scheme of almagamation to merge the sick Punjab and Maharashtra Co-operative (PMC) Bank with the newly formed Unity Small Finance Bank Ltd (USFB), more than two years after PMC was put under restrictions on account of fraud which led

Read More

Biden picks Jerome Powell to lead the Fed for a second term as the U.S. battles Covid and inflation

Federal Reserve Board Chairman Jerome Powell speaks during a press conference following the January 28-29 Federal Open Market Committee meeting, in Washington, DC on January 29, 2020.Mandel Ngan | AFP | Getty ImagesJerome Powell, who guided the Federal Reserve and the nation's economy through the staggering and sudden Covid-19

Read More

Deposits parked with co-operative credit societies not eligible for insurance cover: RBI

The Reserve Bank has cautioned the public against co-operative societies using words “bank", "banker" or "banking" as part of their names unless specifically permitted. It also clarified that deposits with there societies are not eligible for insurance cover. Some Co-operative Societies are using the word “Bank” in their names

Read More

Stocks making the biggest moves in the premarket: Activision Blizzard, Astra Space, Bluebird Bio and more

Take a look at some of the biggest movers in the premarket:Astra Space (ASTR) – Astra rocketed 38.4% higher in premarket trading, after Astra sent a rocket into orbit for the first time over the weekend. The rocket carried a U.S. Space Force payload.Activision Blizzard (ATVI) – Activision CEO

Read More