City Atlanta Financial News

25.08 / 16:25

NASDAQ ATM Bitcoin Deal Crypto ATM firm Bitcoin Depot aims to go public in 2023 via $885M SPAC deal

Bitcoin Depot, a major cryptocurrency ATM provider in the United States, is planning to go public through a merger with a special-purpose acquisition company (SPAC).

25.08 / 15:41

WSJ Transcript: WSJ Interview With Atlanta Fed President Raphael Bostic

Federal Reserve Bank of Atlanta President Raphael Bostic in an interview with The Wall Street Journal laid out his thinking about the Fed’s September policy meeting, his belief that markets are incorrectly betting on the central bank cutting interest rates, and how overseas events could affect the U.S. economy and monetary policy outlook. Here is a transcript, lightly edited for clarity.

29.07 / 20:45

Fed’s Bostic Says Economy Probably Isn’t in Recession, More Rate Rises Needed

Federal Reserve Bank of Atlanta President Raphael Bostic said he doesn’t believe the U.S. economy is in recession now and that the central bank will need to press forward with rate rises to lower high inflation.

27.07 / 01:37

UPS DOW Stock futures tick up ahead of key Fed decision

Stock futures ticked up in overnight trading as traders await the Federal Reserve's latest interest rate decision, scheduled to be announced Wednesday afternoon.

15.06 / 21:51

COST Threat Time Financial It's a daunting time for retirees, who face the biggest inflation threat, financial advisors say

Retirees and those planning to retire soon are the people most threatened by high inflation, investment managers and financial experts said at CNBC's Financial Advisor Summit.

09.06 / 15:29

UPS Gap Banner Annuity sales rise, buoyed by market fears and higher interest rates. What to know before you buy

Annuities are on track for a banner year as consumers flee stock volatility and insurers offer more attractive rates.

08.06 / 01:21

NASDAQ DOW Stock futures dip following two straight days of gains on Wall Street

Stock futures fell marginally in overnight trading Tuesday after two consecutive days of gains on Wall Street.

02.06 / 18:17

ADP rate hikes vice chair Fed Vice Chair Lael Brainard says it's 'very hard to see the case' for the Fed pausing rate hikes

Federal Reserve Vice Chair Lael Brainard said Thursday that it's unlikely the central bank will be taking a break from its current rate-hiking cycle anytime soon.

24.05 / 08:43

Future Fed Officials Weigh Future Rate Policy Shift

Some Federal Reserve officials are starting to talk about a possible shift in the central bank’s interest-rate policy.

06.05 / 15:03

cryptocurrency Digital Bitcoin Now, Gucci Will Accept Payments In Cryptocurrency

Gucci said it would accept payments in more than 10 digital currencies.

05.05 / 16:31

Ethereum Stablecoin litecoin Bitcoin Renowned Luxury Brand Gucci to Accept Bitcoin, Ethereum Payments in the US

Italian luxury brand Gucci will accept crypto payments across five flagship stores in the US by the end of the month and aims to expand the pilot to include all of its directly-operated stores in North America by this summer.

05.05 / 08:29

Adoption Payments Sandbox Gucci the latest luxury brand to accept crypto payments in store

The Italian high-end fashion label Gucci has announced it will begin accepting cryptocurrency payments by the end of the month in five of its United States stores, with plans to extend the service to all of its 111 stores in North America.

20.04 / 00:29

COST Lowe's rate hikes interest rate hikes Fed's Bostic expresses caution about the pace of interest rate hikes

Atlanta Federal Reserve President Raphael Bostic on Tuesday expressed concern about the impact that rate hikes could have on the U.S. economic recovery, saying the central bank shouldn't move so fast that it chokes off growth.

08.04 / 09:27

Adoption Blockstream Bitcoin Samson Mow’s new company JAN3 helping build Bitcoin City in El Salvador

Samson Mow, former chief strategy officer of Blockstream and founder of Pixelmatic, said on Thursday that he has started a new company called JAN3 which will focus on accelerating Bitcoin adoption.

01.04 / 16:24

UPS Digital Goldman Sachs is betting that you’ll want a $10,000 home improvement loan from the investment bank

Goldman Sachs, the 153-year old investment bank, is now officially in the home improvement loan business as it continues a push into the finances of ordinary Americans.

22.03 / 20:39

UPS Airlines Dreams TikTok Lawyer Fine 5 money-saving tips from a TikTok lawyer who reads the fine print

Reading the fine print means you could be saving money that you might not have otherwise known about, according to Erika Kullberg, lawyer and founder of Plug and Law, a legal tech start-up for small businesses and entrepreneurs.

21.03 / 16:11

UPS Women Are Winning the Biggest Pay Raises From U.S. Labor Boom

Wage growth for American women is increasing at a faster rate than for men, a stark shift from earlier in the Covid-19 pandemic.

14.03 / 20:57

UPS Career CEO Strategy One-third of job switchers took a pay cut for better work-life balance. How to prepare to live on a lower salary

As the Great Resignation continues, employees are rethinking salaries, work-life balance and flexibility in their new careers.

03.03 / 12:43

Federal Reserve inflation Coronavirus All Eyes on US Congress as Fed Chair Powell Prepares for First Comments Since Ukraine War Began

US Federal Reserve chairman Jerome Powell is scheduled to testify before Congress on Wednesday and Thursday this week, with market participants in both crypto and traditional markets now eagerly awaiting his first comments on the economy after the war in Ukraine broke out.

02.03 / 13:57

Federal Reserve inflation Coronavirus All Eyes on US Congress as Fed Chair Powell Prepares for First Comments Since Ukraine War Began

01.03 / 19:23

UPS Provident Career CEO 53% of Americans who switched jobs in 2021 took a pay cut. How to budget for a lower salary

About 47 million workers left their jobs in 2021 amid the 'Great Resignation.'

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