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Share Prices for Pinterest Jump Higher as CEO Announces Departure

The share prices of Pinterest have reportedly experienced a surge on Tuesday trading. Ben Silbermann Helps Pinterest Stocks Rise The share prices for Pinterest rose following the announcement made by Ben Silbermann, the CEO of Pinterest. Silbermann, who had been running Pinterest for a very long time as the CEO of the company has announced … Read more

Wall Street Ready to Extend Bounce Thanks to Easing Inflation Fears

On Monday, US stock index futures climbed, indicating that Wall Street would continue extending gains from last week. This was in light of easing worries concerning prolonged inflation because commodity prices fell. Last week’s rebound All three of the prominent US stock indexes had recorded solid gains in the last week. There was a 7.5% … Read more

Russian Rouble Reaches 7-year Highs vs the Dollar


On Monday, the Russian rouble rose against the US dollar to hit a high of seven years on the Moscow Exchange. This was after the Russian government put forward its new budget and the currency received support from upcoming tax payments at the month end and capital controls that have been put in place. Rouble … Read more

New Media and Regulatory Battles Result in BNB Losing its Value


The latest data coming in for Binance Coin (BNB) seems very concerning for the entire investment community. Binance Coin, which is the utility token of the largest cryptocurrency exchange by trading volume, Binance, is now experiencing a downtrend. The Reason Behind BNB’s Price Depreciation The recent downfall in the price of BNB has been experienced … Read more

Wall Street Sinks with Fears of Recession Shaking Markets


On Thursday, the US stock indexes plummeted, with the rout led by some high profile tech shares. This happened after the US Federal Reserve jacked up its interest rates by the highest level since 1994 in order to combat the soaring inflation, thereby fueling worries of an economic recession. Central Banks Could Trigger Recession The … Read more

Futures Edge Higher Ahead of Fed’s Rate Decision


On Wednesday, US stock index futures climbed, as investors were keeping an eye on the meeting of the Federal Reserve to see how much interest rates would be increased for quelling inflation. Aggressive Hike Expected Previously, investors had been pricing a rate hike of 50 basis points, but after the higher-than-expected US consumer price index … Read more

European Stocks Stable after Inflation Driven Decline


On Tuesday, European stocks climbed higher, as investors were quick to snap up equities that had taken a battering. This came after a massive sell-off in the last few sessions because of worries about the US Federal Reserve getting more aggressive in terms of interest rate hikes and the possibility of an economic recession. Equities … Read more