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Economy, Energy

“As Gas Prices Surge, Stations Now Hold Up to $175 of Your Money When You Swipe”

June 27, 2022

“Higher gasoline prices have led stations to raise the holds they put on cards by as much as 40%, a change that means overdraft risks for some… When drivers insert a credit or debit card at the pump, the gas… Continue Reading…

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Cryptocurrencies

“Crypto hedge fund at center of crisis faces risk of default as deadline to repay $670 million nears”

June 27, 2022

“Three Arrows Capital, a crypto-focused hedge fund, has to meet a deadline on Monday to repay more than $670 million in loans or face default, in a case that could have a ripple effect across the digital asset market. 3AC,… Continue Reading…

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Cryptocurrencies

“$100 million worth of crypto has been stolen in another major hack”

June 24, 2022

“Hackers have stolen $100 million in cryptocurrency from Horizon, a so-called blockchain bridge, in the latest major heist in the world of decentralized finance… It follows a series of notable attacks on other blockchain bridges. The Ronin Network, which supports… Continue Reading…

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Cryptocurrencies

“Investors withdraw over $7 billion from tether, raising fresh fears about stablecoin’s backing”

May 17, 2022

“Investors have withdrawn more than $7 billion from tether since it briefly dropped from its dollar peg, raising fresh questions about the reserves underpinning the world’s largest stablecoin. Tether’s circulating supply has slipped from about $83 billion a week ago to less than $76… Continue Reading…

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Economy, Energy

“California’s gas average tops $6 per gallon as prices across the U.S. surge”

May 17, 2022

“California’s state average for a gallon of gas has surged above $6, making fuel in the Golden State the most expensive across the U.S. The average price at the pump in California hit a record $6.021 per gallon on Tuesday,… Continue Reading…

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Personal Finance

“…can’t afford to pay the loan… 57-year-old widow with $67K in student loan debt…”

May 4, 2022

“… I’m a military wife, and my husband died on active duty, so I’m now a widow. My student loan is sitting at $67,000. I’m 57 and I can’t afford to pay the loan because I’m on a fixed income…” https://www.marketwatch.com/picks/i-cant-afford-to-pay-the-loan-because-im-on-a-fixed-income-im-a-57-year-old-widow-with-67k-in-student-loan-debt-can-you-help-me-get-rid-of-it-01651010285?siteid=yhoof2… Continue Reading…

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Banking

“Biggest Treasury Buyer Outside U.S. Quietly Selling Billions”

May 2, 2022

“…Japanese institutional managers — known for their legendary U.S. debt buying sprees in recent decades — are now fueling the great bond selloff just as the Federal Reserve pares its $9 trillion balance sheet. The latest data from BMO Capital… Continue Reading…

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Stocks

“The Top ESG Stock In A Brand New $100 Billion Breakout Industry”

April 26, 2022

“…Supermarket News reported that: “U.S. organic product sales climbed 12.4% in 2020, breaking the $60 billion mark for the first time and more than doubling the previous year’s growth, according to the Organic Trade Association (OTA).” 1 And according to a survey… Continue Reading…

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Economy, Energy

“Russia warns of $300 oil, threatens to cut off European gas if West bans energy imports”

March 8, 2022

“Russia has threatened to close a major gas pipeline to Germany and warned of $300 oil prices if the West goes ahead with a ban on its energy exports. “It is absolutely clear that a rejection of Russian oil would… Continue Reading…

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Energy

“Oil Traders Bet Prices Will Pass $200 a Barrel This Month”

March 7, 2022

“Traders piled into options that oil could surge even further after rising to the highest since 2008, with some even placing low-cost bets that futures surpass $200 before the end of March… Prices to buy call options at higher prices… Continue Reading…

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