financetom
News
World
Environment
Technology
Politics
Retail
Business
Economy
Market summary >
Editors' picks >
News >
PayU’s India biz clocks $211 million in revenues; Prosus attributes growth to Lazycard shutdown
PayU’s India biz clocks $211 million in revenues; Prosus attributes growth to Lazycard shutdown
Nov 29, 2023
The growth in revenues largely came from its existing merchants and payment processing stack Wibmo, as new merchant signups continued to be paused for the Indian entity after a Reserve Bank of India (RBI) order.
With California having nearly a third of America’s homeless, Gavin Newsom leans into the ‘Yes in God’s backyard’ movement
With California having nearly a third of America’s homeless, Gavin Newsom leans into the ‘Yes in God’s backyard’ movement
Jan 15, 2024
  California's New Law: Turning Parking Lots into Affordable Housing   Introduction  In an effort to combat the ongoing homeless crisis, California has enacted a new law that allows religious institutions and nonprofit colleges to convert their parking lots and other properties into low-income housing.   The Law's Provisions  The law, signed by Governor Gavin Newsom, rezones land owned by religious institutions and nonprofit colleges...
Adobe’s CFO is helping steer the company’s path into generative AI
Adobe’s CFO is helping steer the company’s path into generative AI
Jan 15, 2024
  Generative AI: Adobe's Finance Organization Embraces Innovation   Introduction  Adobe, a leading software company, is charging full steam ahead towards a future powered by generative AI products, with finance playing a pivotal role in this transformative journey. Dan Durn, CFO and EVP of finance, technology services, and operations at Adobe, emphasizes the significance of the finance organization's involvement in strategic discussions, understanding...
Citibank wins lawsuit against fired analyst who expensed his partner’s meals to the company and then claimed he ate two of everything
Citibank wins lawsuit against fired analyst who expensed his partner’s meals to the company and then claimed he ate two of everything
Jan 15, 2024
  Former Citibank Analyst's Unfair Dismissal Claim Rejected   Employee Lied About Food Expenses  A former Citibank analyst, Szabolcs Fekete, has lost his claim of unfair dismissal after a tribunal discovered he had lied about buying food for his partner and charging it to his employer.   Fekete, who was a senior analyst, claimed he had been both wrongfully and unfairly dismissed by Citibank....
World >
Market >
US STOCKS-Wall St set to open higher on gains in Apple, in-line inflation reading
US STOCKS-Wall St set to open higher on gains in Apple, in-line inflation reading
Jan 31, 2025
(For a Reuters live blog on U.S., UK and European stock markets, click/ or type LIVE/ in a news window.) * Exxon Mobil ( XOM ) up as Q4 profit beats expectations * Chevron ( CVX ) falls after missing Q4 results estimates * December PCE price index data at 2.6% YoY * Futures up: Dow 0.24%, S&P 500 0.42%,...
Exchange-Traded Funds, Equity Futures Higher Pre-Bell Friday in Anticipation of Upcoming Economic Data
Exchange-Traded Funds, Equity Futures Higher Pre-Bell Friday in Anticipation of Upcoming Economic Data
Jan 31, 2025
08:25 AM EST, 01/31/2025 (MT Newswires) -- The broad market exchange-traded fund SPDR S&P 500 ETF Trust ( SPY ) was up 0.5% and the actively traded Invesco QQQ Trust (QQQ) advanced 0.9% in Friday's premarket activity as traders anticipate upcoming economic reports due later in the day. US stock futures were higher, with S&P 500 Index futures up 0.4%,...
Fed's Preferred Inflation Gauge in Focus, Driving Premarket Gains for US Equity Futures
Fed's Preferred Inflation Gauge in Focus, Driving Premarket Gains for US Equity Futures
Jan 31, 2025
09:15 AM EST, 01/31/2025 (MT Newswires) -- US equity futures rose ahead of Friday's opening bell as traders digested key inflation data. The Dow Jones Industrial Average futures gained 0.2%, S&P 500 futures rose 0.4%, and Nasdaq futures were up 0.7%. Oil prices were higher, with front-month global benchmark up 0.2% at $76.01 per barrel and US West Texas Intermediate...
US STOCKS-Futures rise as Apple gains, key inflation data awaited
US STOCKS-Futures rise as Apple gains, key inflation data awaited
Jan 31, 2025
(For a Reuters live blog on U.S., UK and European stock markets, click/ or type LIVE/ in a news window.) * Exxon Mobil ( XOM ) up as Q4 profit beats estimates * Chevron ( CVX ) falls after missing Q4 earnings expectations * December PCE price index data due at 8:30 a.m. ET * Futures up: Dow 0.33%, S&P...
Environment >
Technology >
Personal Finance >
Politics >
Retail >
Business >
Economy >
Cryptocurrency >
Missed These? Top Crypto Headlines from This Weekend
Missed These? Top Crypto Headlines from This Weekend
May 26, 2025
A prominent Bitcoin supporter spearheads funding for a Swedish companys BTC acquisition plans. Meanwhile, Coinbase faces escalating legal troubles after disclosing a significant breach and regulatory fallout. In other news, a Manhattan crypto investor is arrested in connection with a violent Bitcoin-related kidnapping. More details on these stories ahead. Adam Back Joins Investors in $2.2M Capital Raise for H100 Bitcoin...
Crypto Traders, Analysts Build Stronger Case For Altseason
Crypto Traders, Analysts Build Stronger Case For Altseason
May 26, 2025
Altcoins are largely in retreat mode again today while Bitcoin holds steady around $109,000, and their lackluster performance has not gone amiss among traders and analysts. Crypto YouTuber Lark Davis was among those who observed that “don’t really do anything” while Bitcoin hits a peak, retreats, and recovers. “Thats the state of the crypto market right now,” he said on...
Ethereum’s (ETH) Quiet Rally: Where Are the Retail Investors?
Ethereum’s (ETH) Quiet Rally: Where Are the Retail Investors?
May 26, 2025
After a brief dip below $2,500, Ethereum has bounced back to reclaim levels above that mark. Over the last week, the second-largest cryptocurrency registered a price jump of almost 8%. Despite broader crypto market gains, retail investor activity in Ethereum remains notably subdued. Retail Absence in Ethereum Historically, Ethereum has seen spikes in retail trading frequency near local price tops,...
Thailand Finance Regulators to Restrict World’s First Tokenized Govt Bonds
Thailand Finance Regulators to Restrict World’s First Tokenized Govt Bonds
May 26, 2025
Thailand’s Securities and Exchange Commission has clarified the rules for a new government-issued tokenized bond called the G-Token as the country plans to be the first to enable state borrowing from the public via digital assets. However, one of the first things the SEC stipulated was that the new tokenized real-world asset (RWA) cannot be used as a means of...
Forex >
Copyright 2023-2026 - www.financetom.com All Rights Reserved