Author: Press Room

By Chris Wack CleanSpark Inc. shares were up 14% to $3.08 after the company said it bought 45,000 brand-new units of the Antminer S19 XP bitcoin mining machines for a total price of $144.9 million. The bitcoin-mining company said all units are expected to be ready for delivery by the manufacturer before the end of September. Once… Read the full article here

Dear MarketWatch, My daughter moved out of an apartment in 2021, and moved out of state. When she moved back home to Maryland, she tried to find an apartment.  Unfortunately, she has been unable to find one because her former landlord said that there was water damage in the kitchen under the sink and between the wall…. Read the full article here

U.S. stock indexes finished lower in choppy trade on Wednesday after minutes from the Federal Reserve’s March policy meeting showed policymakers agreed that the stress in the banking sector would slow U.S. economic growth. Investors also assessed a March consumer price index report which shows inflation slowing, though still elevated. How stock indexes traded On Tuesday, the Dow Jones Industrial Average rose 98 points, or 0.29%, to 33,685, the S&P 500 closed less than a point lower at 4,108.94, and the Nasdaq Composite… Read the full article here

© Reuters. FILE PHOTO: A combination file photo shows Wells Fargo, Citigbank, Morgan Stanley, JPMorgan Chase, Bank of America, JPMorgan, and Goldman Sachs from Reuters archive. REUTERS/File Photo By Saeed Azhar and Mehnaz Yasmin NEW YORK (Reuters) – Most Wall Street banks are likely to report lower quarterly earnings and face a dour outlook for the rest of the year, with last month’s regional banking crisis and a slowing economy expected to hurt profitability. Earnings per share for the six biggest U.S. banks are expected to be down about 10% from a year earlier, analyst estimates from Refinitiv I/B/E/S show.…

(Reuters) – Japan’s new central bank governor Kazuo Ueda assumed office this week, succeeding Haruhiko Kuroda, and delivered his first press conference in the role on Monday, along with his two deputies, Shinichi Uchida and Ryozo Himino. Following are excerpts from the news conference, which was conducted in Japanese, as translated by Reuters: BOJ GOVERNOR UEDA ON FINANCIAL STABILITY “Achieving financial system stability is a big responsibility for the BOJ. As the environment surrounding Japan’s banking system becomes more severe, it’s extremely important to ensure Japan’s financial intermediation is functioning smoothly.” IMPACT OF THE U.S., EUROPEAN BANKING CRISIS ON JAPAN…

Ericsson stock (NASDAQ NDAQ : ERIC) has underperformed this year, remaining roughly flat year-to-date compared to the broader S&P 500 which gained about 7% over the same period. Ericsson posted a weaker-than-expected set of Q4 2022 results with profits for the quarter declining by about 39% versus last year to 6.07 billion Swedish kronor (about $588 million). Moreover, the company has warned that its margins could cool as it was seeing slower demand from the United States and other developed markets – as carriers pare back a bit on 5G related infrastructure spending partly due to high levels of existing…

Commonly, a businesses’ main concern is filing its tax returns. Although this makes sense, it is not wise, business owners must implement systems now for certain deductions and credits they plan to take in the future. To assist taxpayers, Congress offers incentives through deductions and credits. A deduction is an amount that you deduct from your taxable income. Meanwhile, a credit is a dollar-for-dollar reduction. Currently, the most discussed credit is the “Employee Retention Credit” or “ERC”. Although, this is something I encourage businesses to see if they should amend their 2020 and 2021 tax returns, I also ask businesses…

While retirement may not be something that you’re thinking about in your 40s, it’s the right time to plan ahead and that includes planning for your healthcare costs in retirement. While you may already be contributing to a 401(k), it’s important to also take into account the potential healthcare costs that you may need to pay throughout your retirement years. If you have an HSA, take advantage of it by contributing to it. You can take advantage of the tax advantages of these accounts, and you can utilize the funds for your healthcare both before you retire and during your…

Inflation moderated again in March thanks to a decline in energy costs, but other prices soared higher last month, continuing to squeeze Americans’ pocketbooks. The Labor Department said Wednesday that the consumer price index, a broad measure of the price for everyday goods that includes gasoline, groceries and rents, rose 0.1% in March from the previous month, down from 0.4% in February. Prices climbed 5% on an annual basis, down sharply from February’s 6% increase and the smallest rise in nearly two years.Other parts of the report pointed to a slower retreat for inflation, a worrisome sign for the Federal…

Twitter will let its users access stocks, cryptocurrencies and other financial assets through a partnership with eToro, a social trading company.Starting Thursday, a new feature will be rolled out on the Twitter app. It will allow users to view market charts on an expanded range of financial instruments and buy and sell stocks and other assets from eToro, the company told CNBC exclusively.Currently, it’s already possible to view real-time trading data from TradingView on index funds like the S&P 500 and shares of some companies such as Tesla. That can be done using Twitter’s “cashtags” feature — you search for a…