Business

CANTO, the cryptocurrency that powers Canto’s Decentralized Finance (DeFi) focused layer-1 blockchain protocol, has been exploding higher in 2023. CANTO/USD is up a staggering around 530% since the turn of the year and hit record highs earlier on Thursday in the $0.60s. This time last…

Spotify has a podcast problem. At the height of the boom in podcasts, it appeared the company had found a big shiny object to dazzle Wall Street with. In 2019, founder Daniel Ek declared that audio — not just music — was the future of…

Amazon on Thursday issued first-quarter guidance that came in light of estimates, overshadowing better-than-expected revenue for the fourth quarter. The stock slid after hours, erasing most its rally from the regular trading day. Here are the key numbers:Earnings: 3 cents per shareRevenue: $149.2 billion vs…

Mortgage rates fell slightly this week, as a smaller rate hike by the Federal Reserve signaled promising improvement on inflation. The 30-year fixed-rate mortgage averaged 6.09% in the week ending February 2, down from 6.13% the week before, according to data from Freddie Mac released…

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