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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“Investors have withdrawn more than $7 billion from tether since it briefly dropped from its dollar peg, raising fresh questions about the reserves underpinning the world’s largest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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Business, Economy

“$10 toothpaste? U.S. household goods makers face blowback on price hikes”

March 1, 2022

“…Get ready for the $10 tube of toothpaste. Colgate-Palmolive Co (CL.N) CEO Noel Wallace said last week at an industry conference that the household goods maker sees its new Optic White Pro Series toothpaste as the type of premium product “vital” to… Continue Reading…

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