Tesla May Start Mining Lithium Due To The Exorbitant Prices Of The Metal
Elon Musk tweeted his electric car manufacturer Tesla may begin lithium mining and refining business directly, due to the high cost of the metal,...
Space Tourism mission launched by SpaceX
On Friday, Elon Musk-led SpaceX launched its first space tourism mission. And the four-person crew included paying customers. Along with a retired NASA astronaut...
Economists Predict 2023 Recession Amid Mass Inflation
The economy hasn't been on the right track for quite some time. Since May 2021, inflation has been a defining factor of the US...
Former Goldman Sachs managing director Roger Ng convicted in 1MDB bribery scheme
A federal jury convicted Roger Ng, a former managing director at the Goldman Sachs Group Inc. (Goldman Sachs) for his participation in the multi-billion...
China’s yuan is Replacing the Dollar and Euro in Russian Bank Accounts
Russian banks are reportedly adding massive amounts of Chinese yuan to their clients’ accounts as Western sanctions limit access to the dollar and euro.
In...
Warren Buffet Is The Number One Enemy of Bitcoin, Says Peter Thiel
Billionaire venture capitalist Peter Thiel said at a Bitcoin conference Thursday, Warren Buffet is on the top of the “enemies list” trying to stop...
Wild Inflation Inflicts Damage On All Financial Assets, Market Researcher Jim Bianco Says
There is probably no exit plan from the bearish bond market, not even for stock investors.
According to market research expert Jim Bianco, severe Federal...
Banks Are In Deep Trouble Because of Crypto, Says Billionaire Cathie Wood
Cryptocurrencies were built to stand in the face of mainstream financial institutions; and banks may be feeling disrupted, Ark Invest CEO Cathie said.
Wood who...
Fintech Investment Group, Compcoin to pay $1.8 million over fraudulent forex and digital asset...
Fintech Investment Group, Compcoin LLC, and its owner Alan Friedland were ordered to pay a total of $1.8 million for operating a fraudulent foreign...
FTC seeks largest penalty against Kohl’s, Walmart for falsely marketing rayon as bamboo textile
The Federal Trade Commission (FTC) filed lawsuits against national retailers Kohl's (NYSE: KSS) and Walmart (NYSE: WMT) for engaging in false marketing of rayon...