Investor Brand Network

Comments from U.S. Federal Reserve chair Jerome Powell during a recent news conference could have an impact on green-energy investment this year. Shortly after a Federal Open Market Committee meeting held in early May, 2024, Powell said that the Federal Reserve was unlikely to raise benchmark interest rates this year but noted that policymakers weren’t in a rush to lower interest rates from 5.25%–5.5% either.

When asked when the Fed might finally cut benchmark... (continue reading...)

Donald Trump is once again breaking presidential ground: He stands to be the inaugural nominee of a major party that will actively seek the support of crypto traders, leaving certain Democrats unsettled. During a recent Mar-a-Lago event, Trump addressed crypto enthusiasts, asking them to vote for him because of what he termed the Biden administration’s strict regulations against the industry.

Trump’s overt appeal to the cryptocurrency sector marks a notable... (continue reading...)

Alibaba Group Holding Ltd (NYSE: BABA) reported a plunge of 86% in its profits for its fourth quarter 2023. This plunge was largely attributed to changes in the valuations of the equities in which it invested. Because of this dip in profit, the shares of the company slumped by nearly 6% on the New York Stock Exchange (NYSE), where the company is primarily listed.

It should be noted that the Q4 revenue exceeded estimates, though this didn’t stop share prices... (continue reading...)

The White House hasn’t disclosed whether President Joseph Biden backs the U.S. Department of Justice’s (DOJ) proposal to reclassify cannabis after a review he initiated. During a conversation with Karine Jean-Pierre, the White House press secretary, reporters asked questions regarding the president’s stance on the DOJ’s proposal to shift marijuana from Schedule I to III.

Jean Pierre responded by noting that Biden’s administration would let the review... (continue reading...)

The Psychedelic Therapeutics and Drug Development announced that PsychedelicNewsWire (“PNW), a specialized communications platform for the psychedelics sector and one of more than 60 brands powered by IBN (“InvestorBrandNetwork”), will be the official media sponsor for this month’s conference. The fourth annual Psychedelic Therapeutics and Drug Development Conference is scheduled for May 23–24, 2024, in Boston. Hosted by Arrowhead SciTech Conferences &... (continue reading...)