The National Highway Traffic Safety Administration published its first report of crashes involving vehicles operating with partially automated driving systems engaged. The report, released Wednesday,… [+4465 chars]
Canadian fintech giant Wealthsimple, which was valued at $4 billion as of last year, is laying off 159 people or about 13% of its staff. The Toronto-based company has been a leader in the realm of d… [+1872 chars]
U.S. stocks jumped Wednesday afternoon as investors considered the Federal Reserve's latest monetary policy decision. In this, the central bank hiked interest rates 75 basis points, or the most since… [+5269 chars]
LONDON The Bank of England is expected to hike interest rates for the fifth consecutive monetary policy meeting on Thursday, as it looks to rein in soaring inflation against a backdrop of slowing gro… [+4268 chars]
Wealthsimple is laying off 13 per cent of its workforce as the financial services company joins the slew of global technology businesses facing "market volatility." In a letter sent to staff of the … [+2155 chars]
Neither the author, Kingsley Alo, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. El Salvadors finance minister Aleja… [+4502 chars]
Kinross Gold Corp. K-T is selling its Russian mines for US$340-million, half the price the company previously negotiated after the Russian government imposed limits on the size of the sale. In March… [+4378 chars]
It looks like Federal Reserve Chairman Jerome Powell has formulated a strategy like this: <ol><li>Cave to market pressure after a high CPI print and hike 75 basis points</li><li>Leak it to Timiraos … [+6582 chars]
Kinross, which operated in the federation for about 25 years, said the price adjustment followed a review by the recently formed Russian sub-commission on the Control of Foreign Investments. In addi… [+2715 chars]
Stocks rallied, halting a five-day rout that took 10 per cent off the S&P 500, after Federal Reserve Chair Jerome Powell said outsize rate hikes will be rare as officials intensify their battle a… [+4332 chars]
Bitcoin tumbled on Wednesday to a new 18-month low, dragging smaller tokens down with it and spurring a sharp fall in crypto markets sparked by crypto lender Celsius freezing customer withdrawals. T… [+1925 chars]
Governor of the Bank of Canada Tiff Macklem speaks at a press conference in Ottawa on June 9.PATRICK DOYLE/The Canadian Press The U.S. Federal Reserve has just raised the bar on using interest rates… [+5185 chars]
/cloudfront-us-east-1.images.arcpublishing.com/tgam/EVXIBAFHEND2ZNV4CGYN6LKMDI.jpg)
/cloudfront-us-east-1.images.arcpublishing.com/tgam/7Z64BSC4T5KQNDR3BV5LZEBSLM.jpg)