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Yellen Janet Warns Inflation Is “Unacceptably High” And Lowering Prices Is “Top Priority”
U.S. Treasury Secretary Janet Yellen has warned that inflation in the U.S. is “unacceptably high” and said that living decreasing costs is Washington’s “top priority.” Data released Wednesday showed U.S.…
By Rochdi RaisLatest news
Russia has ammo shortages from Ukraine’s Himars and MLRS hits on weapons depots
Ukraine is targeting Russian depots using US-supplied Himars missiles and British long-range MLRS weapons. And Vladimir Putin’s forces…
By Jackie AllenElectric Vehicle Startup Rivian IS Planning Hundreds Of Lay Offs, a Report Says
Electric vehicle startup Rivian Automotive is programming layoffs that could shrink its workforce by about 5% after the…
By Rochdi RaisHow Three Arrows Capital Went From Being Worth $10 Billion To $0 In 3 Months
Three months ago, Three Arrows Capital managed about $10 billion in assets, making it one of the largest…
By Rochdi RaisCryptocurrencies Should Be Regulated, Says Federal Reserve Vice Chair Lael Brainard
Federal Reserve Vice Chair Lael Brainard has joined the list of officials asking to regulate cryptocurrencies before the…
By Rochdi RaisElon Musk Wants To Cancel His $44 Billion Twitter Purchase Deal
Billionaire Elon Musk wants to terminate his $44 billion deal to buy Twitter, according to a letter sent…
By Rochdi RaisBitcoin Is Heading To Its Best Week Since October, As Investors Regain Hope
The price of bitcoin had a small respite this week as investors hoped that the worst of the…
By Rochdi RaisAfter Halting Withdrawals, Celsius Transfers 250,000 Wrapped Bitcoin To FTX Exchange
Lending platform Celsius has transferred nearly 25,000 Wrapped Bitcoin (wBTC), worth $528.9 million, to crypto exchange FTX, raising…
By Rochdi RaisTwitter Stock Fell 4% After Elon Musk’s Buying Deal Becomes “In Serious Jeopardy”
Twitter stock fell 4% in pre-market trading on Friday after the Washington Post reported Elon Musk’s $44 billion…
By Rochdi RaisUS stocks plunge as Strong Jobs Report Puts The Fed On Track To Do More Rate Hikes
US stocks plummeted Friday as the June jobs report came in above expectations, paving the way for more…
By Rochdi RaisMortgage Rates Are At Their Biggest Weekly Drop Since 2008, Freddie Mac says
US mortgage rates posted their largest one-week drop since 2008, Freddie Mac recently reported. The average rate on…
By Rochdi Rais