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A crude oil refinery in Texas City, Tex.Credit...Bronte Wittpenn for The New York Times

And More July 6, 2022

Oil Prices Could Reach $380 A Barrel If Russia Slashes Production, Warned JPMorgan

Oil prices could soar 240% to $380 a barrel if Russia cut production in response to Western plans to cap…

By Rochdi Rais

CNBC's Jim Cramer

And More July 6, 2022

The 5 Best And Worst Stocks In The Nasdaq 100, According to Jim Cramer

CNBC’s Jim Cramer shared his three stock picks from the worst- and best-performing stocks in the Nasdaq 100 during the…

By Rochdi Rais

Sam Bankman-Fried CEO of FTX - Source: CoinTelegraph

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…

By Rochdi Rais

U.S. Housing - Via Unsplash by Phil Hearing

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.…

By Rochdi Rais

Turkey Istanbul, Via Unsplash by Fatih Yürür

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…

By Rochdi Rais

Stock Market Chart - Markus Spiske Via Unsplash

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…

By Rochdi Rais

Stimulus Checks

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…

By Rochdi Rais

Via Unsplash - Lance Reis

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…

By Rochdi Rais

Scott Minered Guggenheim

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…

By Rochdi Rais

Elon Musk - CEO of Tesla

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…

By Rochdi Rais

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