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Banking

“IMF tells Europe to let consumers bear the brunt of higher bills to encourage energy saving”

“The International Monetary Fund warned European governments against intervening in the region’s worsening energy crisis with broad-based financial support, saying instead that consumers should bear the brunt of higher prices to encourage energy saving and aid the wider shift to… Continue Reading…

Cryptocurrencies

“Coinbase shares soar nearly 20% in boost from meme traders, BlackRock crypto deal”

“Shares of Coinbase soared on Thursday after the crypto exchange announced a partnership with BlackRock that will allow its institutional clients to buy bitcoin. Coinbase shares were last up by 25.2%. Earlier in the day they jumped as much as about 40%…… Continue Reading…

Economy

“Apple chipmaker TSMC warns Taiwan-China war would make everybody losers”

“If China were to invade Taiwan, the most-advanced chip factory in the world would be rendered “not operable,” TSMC Chair Mark Liu said in an English-language interview with CNN this week. In the undated interview, Liu said that if Taiwan were… Continue Reading…

Economy

“US Household Debt Surpasses $16 Trillion on Higher Mortgages”

“US household debt increased by 2% to $16.2 trillion in the second quarter, with mortgages, auto loans and credit-card balances all seeing sizable increases, according to a report by the New York Federal Reserve Bank. The increase in borrowing, which… Continue Reading…

Stocks

“Analysts Say These 3 Stocks Are Their Top Picks for the Rest of 2022”

“TechnipFMC Plc (FTI) …This player in the energy industry supporting cast has 4 recent analyst reviews on record, and they are unanimous that this is a stock to Buy, backing up the Strong Buy consensus rating. The shares are trading for… Continue Reading…

Economy

“Inflation: ‘No quick relief in rent increases,’ economist explains”

“Inflation has been a persistent nightmare, and rising rents nationwide are partly to blame. Unfortunately for renters, things are unlikely to get better this year. “No quick relief in rent increases,” Alan Detmeister, a senior economist at UBS, told Yahoo… Continue Reading…