And More July 6, 2022
FTX’s CEO Says He And His Firm Still Have a “Few Billion” To Support Crypto Industry
Sam Bankman-Fried, head of one of the largest cryptocurrency exchanges, FTX, said he and his company still have a “few…
And More July 6, 2022
Mortgage Demand Plunges For The Second Week in a Row, Despite Rates Drop
Mortgage rates plummeted for the second week in a row, but that didn’t arouse demand from homeowners or potential buyers.…
And More July 4, 2022
Turkey’s Inflation Soared To Nearly 79%, The Highest Level In 24 Years
Inflation in Turkey soared to 79% last month, the highest level the country has seen in 24 years. The annual…
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 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 28, 2022
Cathie Wood Says The U.S. Is Already In a Recession, Admits To Underestimating Inflation
Ark Invest CEO Cathie Wood said Tuesday that the U.S. is already in an economic downturn, and she admitted that…
And More June 28, 2022
U.S. FCC Commissioner Asks Apple and Google to Delete TikTok from Their App Stores
A prominent U.S. Federal Communications Commission said he has asked Apple and Google to remove TikTok from their app stores…
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