And More July 3, 2022
FTX Signs A Deal That Allows It To Buy Crypto Lending Firm BlockFi
FTX has signed a deal allowing it to buy crypto lending firm BlockFi. The company announced Friday that the agreement…
And More July 3, 2022
10-year Treasury Yield Plunges To Its Lowest Level since May
U.S. Treasury yields plunged Friday as the remnant recession fears and slumping economic data leave investors terrified. The yield on…
And More July 3, 2022
Crypto Firm Three Arrows Capital Officially Files For Chapter 15 Bankruptcy
Crypto hedge fund Three Arrows Capital (3AC) is seeking protection from creditors in the United States under Chapter 15 of…
And More July 3, 2022
Tesla Delivered 254,695 Cars in the 2nd Quarter of 2022
Tesla just shared its second-quarter vehicle production and delivery numbers for 2022. Here are the key numbers: Total deliveries Q2…
And More July 2, 2022
Several Crypto Exchanges Are “Secretly Insolvent”, Says FTX’s Bankman-Fried
The crypto winter has just begun, and cryptocurrency exchanges are out of cash, says billionaire and founder of crypto exchange…
And More June 29, 2022
Millions Of Californians May Receive New Stimulus Checks Worth $1,050— Here’s Who’s Eligible
More than half of California’s residents may soon receive a stimulus check from the state, Gov. Gavin Newsom’s office announced…
And More June 29, 2022
83% Of Investors Expect Stagflation, According To a Poll By Bank Of America
Stagflation fears are dominant across Wall Street and global markets, according to Bank of America. The bank’s latest fund manager…
And More June 29, 2022
The Fed Won’t Care About Stocks Selling Off Until There’s a Panic, Says Guggenheim’s Scott Minerd
The Fed won’t worry about stocks falling until panic takes over the markets, as it’s focused on curbing inflation, Guggenheim’s…
And More June 29, 2022
Elon Musk’s Tesla Laid Off 200 Employees In Its Autopilot Division
Elon Musk’s electric car manufacturer, Tesla, is leading another round of layoffs, this time in its Autopilot division, according to…
And More June 29, 2022
Bitcoin Slips Below $20,000 As High Inflation Continues To Weigh Down Markets
Bitcoin plunged below $20,000 on Wednesday as a plethora of factors such as macroeconomic difficulties and cryptocurrency companies’ struggles continue…
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