Frankfurt Muted hopes of an end to US interest rate hikes continued to weigh on Wall Street. The Dow Jones lost 2.3 percent to 33,202 points. The tech-heavy Nasdaq fell 3.2 percent to 10,810 and the broader S&P 500 fell 2.5 percent to 3,895. Fed Chair Jerome Powell raised fears of a prolonged cycle of … Read more
Bitcoin The price of the digital currency has been hovering around the $20,000 mark since the summer. (Photo: dpa) Düsseldorf The excitement on the financial market is currently great. Stock prices have recently risen significantly, while bond yields and the dollar have fallen. The triggers are easing interest rate concerns. The crypto market also benefits … Read more
Michael Saylor, Executive Director of MicroStrategy (MSTR), a well-known investment strategy and planning firm. Revealed the investment balance sheet in August 2020 that poured funds into the purchase of Bitcoin coins, which is the latest. CNBC’s Kate Rooney Reports MicroStrategy’s Bitcoin Acquisition That includes more than $2.4 billion in debt. After the inflation crisis and … Read more
US President Joe Biden is going to propose a minimum income tax of 20% for households worth more than $100 million, CNBC reported, citing a draft document. Households worth more than $1 billion will bring in more than half of the tax revenue, the channel estimates. Also, in just 10 years, such a tax will … Read more
New York, Washington Joe Biden tries to create a good mood. “America is fortunate that our economy is growing one of the fastest in the world,” said the US President this week. “We will manage to cope with price increases and maintain a strong, sustained upswing. That is my goal and I focus on achieving … Read more
Dax curve The leading German index had reached several new record highs in the last year of the stock market. (Foto: Bloomberg Creative/Getty Images [M]) Düsseldorf After the significant losses of the previous days, the German stock market is back on the road to recovery. In the morning, the Dax is one percent up and is … Read more