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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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Economy

“Oil on track for a more than 15% monthly rise as Ukraine worries persist”

January 31, 2022

“Oil futures traded mostly higher on Monday, on track to cap a sharp January rally that has lifted the U.S. benchmark by around 15% as traders continue to follow the threat of a Russian invasion of Ukraine…” https://www.marketwatch.com/story/oil-on-track-for-15-monthly-rise-as-ukraine-worries-persist-11643635978?siteid=yhoof2 I only… Continue Reading…

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Cryptocurrencies

“Crypto collapse erases more than $1 trillion in wealth, forcing a reckoning for everyday investors”

January 26, 2022

“By the end of last year, the value of Hasten Carter’s cryptocurrency holdings had climbed to about $250,000. He moved to a nicer apartment, bought a new truck, and started thinking about pursuing his dream of a full-time career in… Continue Reading…

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Stocks

“Nikola shares surge 18% after company delivers its first EV truck, says more to come”

December 27, 2021

“Nikola shares jumped 18% on Thursday after theelectric truck maker completed delivery of its first vehicle. The surge in the stock came a day after the company announced on Twitter that its first customer delivery is done, signaling more to come…” https://www.cnbc.com/2021/12/23/nikola-shares-surge-after-company-delivers-its-first-ev-truck-says-more-to-come.html This… Continue Reading…

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Economy

“Inflation surged 6.8% in November, even more than expected, to fastest rate since 1982”

December 10, 2021

“The consumer price index, which measures the cost of a wide-ranging basket of goods and services, rose 0.8% for the month, good for a 6.8% pace on a year over year basis and the fastest rate since June 1982. Excluding food… Continue Reading…

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Business, Stocks

“Stitch Fix shares are down more than 27%, analyst says apparel retailer has hit a ‘growth wall’”

December 8, 2021

“Stitch Fix shares plummeted more than 27% Wednesday to a fresh 52-week low as one analyst said the company has run smack into a “growth wall.” The online shopping and styling service was able to top fiscal first-quarter expectations after the bell on… Continue Reading…

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Economy

“U.S. natural gas plummets more than 10%, following worst week since 2014”

December 6, 2021

“U.S. natural gas futures plunged more than 10% on Monday, falling to the lowest level since August on forecasts for warmer-than-expected winter temperatures. The leg lower builds on last week’s more than 24% loss, which was natural gas’ worst week since… Continue Reading…

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Business

“Zoom sales growth slows as more people return to work”

November 23, 2021

“Zoom Video Communications sales growth slowed last quarter as the extra demand for remote work and the company’s video-conferencing application eased, along with a pullback in the Covid-19 pandemic. The San Jose, Calif.-based company said its sales rose 35% from… Continue Reading…

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Economy

“Here’s why groceries keep getting more expensive”

November 12, 2021

“…Food manufacturers and grocers have faced higher costs for commodities, labor, transportation and other expenses during the pandemic. Those costs have escalated in recent months, leading manufacturers to pass off some of these costs to their retail customers, who in… Continue Reading…

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Economy

“U.S. consumer prices jump 6.2% in October, the biggest inflation surge in more than 30 years”

November 10, 2021

“The consumer price index, which is a basket of products ranging from gasoline and health care to groceries and rents, rose 6.2% from a year ago, the most since December 1990. That compared with the 5.9% Dow Jones estimate. On… Continue Reading…

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