Author: Press Room

Check out the companies making headlines in midday trading Monday.Block — Shares of the payments stock lost 3% following a downgrade to market perform from outperform by KBW. The firm cited pressures from “‘small risks starting to add up,” including potential regulatory scrutiny of its Cash App business.Tesla — Shares of Elon Musk’s electric vehicle company fell more than 1.5% after the firm announced another price cut in the U.S., its fifth since the start of the year. The move came as tougher U.S. standards are set to reduce the $7,500 tax credit available for Tesla’s Model 3. The EV…

US consumers are starting to feel that credit is getting harder to come by, according to survey results released Monday by the Federal Reserve Bank of New York. Consumer perceptions of credit access and availability declined in March, with the share of respondents reporting it’s harder to obtain credit than one year ago climbing to the highest since the New York Fed started conducting its Survey of Consumer Expectations in 2013. In March, the collapse of Silicon Valley Bank roiled the banking sector, escalating fears of a credit crisis. While action taken by the Federal Reserve and the Treasury Department…

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Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.New York, US, April 10th, 2023, ChainwireBabylon x NYC, an exhibition of more than 100 physical and digital artworks, will take place in New York City on April 12-13, 2023. The exhibition, set up by Babylon — a Web3 gallery specializing in primary sales of NFT editions — will showcase works by the project’s 30 Founding Artists, well-known for their impact on the NFT art space.Also featuring, as highlights exclusive to the exhibition, are works by prominent Armenian artist…

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Insider has been tracking the next wave of hot new startups that are blending finance and tech.  Check out these pitch decks to see how fintech founders sold their vision. See more stories on Insider’s business page. Check out these pitch decks to see how fintech founders are selling their vision and nabbing big bucks in the process. You’ll see new financial tech geared at freelancers, fresh twists on digital banking, and innovation aimed at streamlining customer onboarding. The fintech “fixing wealth management”Michael Simon launched NDVR in January on the premise that he wanted to build a new kind of investment…

Welcome to Friday and cheers to the weekend. I’m Asia Martin. First, let’s take a moment for self-care. Do you know what the secret to work-life balance is? If yes, keep scrolling, I guess. If no, here it is — caring just enough about your job. That’s what Kelli María Korducki concluded in her piece, appropriately titled “How much should you care about your job?”Apparently, caring too much can lead to burnout and caring too little can cause malaise. Where do you find balance? Korducki reports that setting aside time for non-work activities every day, giving a damn about the…

CNX Resources Corporation (NYSE:CNX) is an independent exploration and production company that focuses on the production of natural gas in the Appalachian Basin. This is generally a good place to be right now, as the long-term fundamentals for natural gas are quite strong, despite the fact that prices have fallen over the past several months. This has had a negative impact on the company’s stock price, as CNX Resources is down 23.85% over the past twelve months: Seeking Alpha One of the biggest reasons for this is that the winter this year was quite a bit warmer than normal, so…

The Pentagon rushed to contain the fallout on Monday from a leak of classified intelligence documents about the war in Ukraine as well as other sensitive information from Asia and the Middle East.The Department of Justice has opened a criminal investigation into the leak of dozens of documents, and US officials are working to determine the source of the leak and what ramifications it could have on the battlefield and on US efforts to gather intelligence.“The Department of Defense continues to review and assess the validity of the photographed documents that are circulating on social media sites and that appear…

Kari Lake – the unapologetic supporter of former President Donald Trump and vanquished candidate for Arizona governor – privately made a trip to National Republican Senatorial Committee headquarters in February where she discussed the prospects of shaking up the map and running for Senate. But Lake, who has faced blowback over pushing baseless accusations of election fraud, was given this suggestion from NRSC officials: Shift to more effective messaging and away from claims about a stolen election, according to sources familiar with the matter. The meeting, which was described as a positive one, focused on how Senate bids often turn…