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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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Economy

“A Record Number Of Americans Just Quit Their Job, As Job Openings Surpass Unemployed Workers By A Record 5.6 Million”

May 4, 2022

“…Last month, the BLS reported that the US job market was plagued by a near record 11.27 million job openings. Then moments ago, the BLS published its latest, March JOLTS report according to which job openings just hit a new all time high 11.549… Continue Reading…

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Energy

“U.S. to release 1 million barrels of oil per day from reserves to help cut gas prices”

March 31, 2022

“The White House on Thursday announced that the U.S. will release 1 million barrels of oil per day from strategic reserves to help cut gas prices and fight inflation across the country…” https://www.cnbc.com/2022/03/31/us-to-release-1-million-barrels-of-oil-per-day-from-reserves-to-help-cut-gas-prices.html This is bad. If all emergency supplies… Continue Reading…

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Uncategorized

“31 [Million] Americans to bet on Super Bowl, gambling group estimates”

February 8, 2022

“A record 31.5 million Americans plan to bet on this year’s Super Bowl, according to estimates released Tuesday by the gambling industry’s national trade group. The American Gaming Association forecasts that over $7.6 billion will be wagered on pro football’s… Continue Reading…

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Cryptocurrencies

“More than $320 million stolen in latest apparent crypto hack”

February 3, 2022

“One of the most popular bridges linking the ethereum and solana blockchains lost more than $320 million Wednesday afternoon in an apparent hack. It is DeFi’s second-biggest exploit ever, just after the $600 million Poly Network crypto heist, and it is the largest attack to date… Continue Reading…

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Uncategorized

“Mega Millions jackpot reaches $421 million: Here are the best and worst states for taxes on lottery winnings”

January 27, 2022

“After no winning tickets matched all six numbers drawn on Tuesday, January 25, Friday’s Mega Millions estimated jackpot is $421 million, before taxes are taken out, according to MegaMillions.com… The worst states in which to hit the Mega Millions jackpot 5.… Continue Reading…

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Economy

“A record 4.5 million Americans quit their jobs in November”

January 4, 2022

“A record 4.5 million Americans voluntarily left their jobs in November, according to the Bureau of Labor Statistics.This pushed the quits rate to 3%, matching the high from September.Workers particularly quit their jobs in the hospitality industry, which had by far… Continue Reading…

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Business

“Nikola’s Founder Has Sold $284 Million of Stock Since Fraud Charges”

November 24, 2021

“Nikola Corp.’s founder sold his biggest batch of shares since the U.S. charged him with securities fraud, bringing the total he’s disposed since August to $284 million… Trevor Milton offloaded 11.7 million shares worth about $131 million in a series… Continue Reading…

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Economy

“…More Than 100 Million Not in Labor Force for 14th Straight Month; No Job, Not Looking”

November 5, 2021

“The Labor Department’s Bureau of Labor Statistics announced on Friday that 100,450,000 people in this country were not in the labor force in October, up 38,000 from the 100,412,000 in September. This is the 14th straight month that this “not… Continue Reading…

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Economy

“Job openings soar to 10.9 million as companies struggle to fill positions”

October 14, 2021

“The department’s Job Openings and Labor Turnover Survey, which the Federal Reserve watches closely for signs of slack in employment, showed 10.9 million positions open. That was much higher than the FactSet estimate of 9.9 million and the June total… Continue Reading…

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