When SoFi Technologies reports earnings Monday morning, investors will be watching closely to see if the company succeeds in posting its first quarterly profit. The fintech’s management has previously said it expects to report its first profit—according to generally accepted accounting principles—for the 2023 fourth quarter. That said, analysts are…

© Reuters. The BuzzFeed logo is seen outside their offices in New York February 19, 2013. REUTERS/Shannon Stapleton/File Photo (Reuters) – BuzzFeed’s Marcela Martin has announced her intention to resign as president effective Jan. 12 to pursue other opportunities, the digital media firm said on Friday. The company is unlikely…

By Nicole Jao NEW YORK (Reuters) – Oil prices settled lower on Thursday after Angola said it would exit the Organization of the Petroleum Exporting Countries (OPEC), raising questions about the producer group’s efforts to support prices by limiting global supplies. futures settled down 31 cents at $79.39 a barrel.…

Investing.com– Most Asian currencies fell on Monday, while the dollar steadied near three-week highs as stronger-than-expected U.S. payrolls data saw traders scale back bets that the Federal Reserve will cut interest rates early.  The payrolls reading put upcoming U.S. inflation data squarely in focus, as markets sought more cues on…

Solana (SOL) has been one of the most recent success stories in the cryptocurrency market, rising more than 700% between January 2023 and January 2024. However, a recent pullback has paved the way for a new breakout star with similar or better potential.Retik Finance (RETIK) is a fairly new decentralised…

© Reuters. (Reuters) – DBS Group (OTC:) Holdings said on Friday it was raising its stake in China’s Shenzhen Rural Commercial Bank in a S$376 million ($284.72 million) deal, as it looks to tap into growing opportunities in the Greater China region. DBS Bank, a unit of Southeast Asia’s largest…

BEIJING (Reuters) – China’s steel demand in 2023 will decline by 3.3% from 2022 and contract a further 1.7% in 2024, a state researcher forecast on Friday, weighed down by a significant drop in construction activity. The world’s top steel producer will consume 890 million metric tons this year, officials…

Investing.com – The U.S. dollar edged higher in early European trade Monday, continuing to see demand as risk appetite remained subdued ahead of a key U.S. inflation report later in the week. At 04:10 ET (09:10 GMT), the Dollar Index, which tracks the greenback against a basket of six other…

Last updated: January 27, 2024 07:47 EST | 3 min read Source: Adobe The legal battle between Binance and the United States Securities and Exchange Commission (SEC) continues to intensify as court documents shed light on the clash over evidence production and witness depositions in the SEC’s case against the…

Treasury yields finished at their lowest levels in weeks on Thursday as traders looked past a hotter-than-expected U.S. inflation report for December and focused on the likelihood of easing price gains going forward. Meanwhile, Treasury’s 30-year bond auction during the New York afternoon went fairly well, according to one trader.…