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Category Archives: Finance

Wall Street recovers after worst week in recent times

Wall Street recovers after worst week in recent times

Wall Street indices opened higher, recovering from what was the worst week in months, as investors wait to see the impact of possible tax changes on corporate profits and the effects of inflation on monetary policy. The S&P 500 is gaining 0.7%, to 4,489.50 points,

Bitcoin could collapse, warns Central Bank of Sweden

Bitcoin could collapse, warns Central Bank of Sweden

Sweden’s central bank governor compared the Bitcoin market to commercial stamps, questioning the staying power of coins without government support. “Private money usually collapses sooner or later,” said Riksbank (Central Bank of Sweden) Governor Stefan Ingves at a banking conference in Stockholm. “And of course

Visa CEO says he's smart enough to invest in Bitcoin now

Visa CEO says he’s smart enough to invest in Bitcoin now

Visa CEO Al Kelly is optimistic about the future of cryptocurrencies and plans his company to be in the middle of all this expanding crypto market. During a conversation with Fortune CEO Alan Murray on the “Leadership Next” podcast, Kelly stated that cryptocurrencies could become