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Banking, Cryptocurrencies

“Bitcoin could rise 10 times in price but I just don’t care, says JPMorgan CEO”

September 29, 2021

“JPMorgan CEO Jamie Dimon said that Bitcoin may rise 10 times in price in the next five years. The long-term Bitcoin critic also warned that it would be foolhardy to borrow money to buy Bitcoin. Recently, the bank moved to… Continue Reading…

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Economy

“Food is getting more expensive in the U.S…”

September 10, 2021

“…Even though beef prices have been rising, farmers and ranchers have been making less money, the White House said. Climate change, labor issues, transportation concerns and other supply chain disruptions have been contributing to the rising costs over the past several… Continue Reading…

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Economy

“Lukoil: OPEC+ Aims To Keep Oil Price In The $65-75 Range”

September 8, 2021

“The OPEC+ alliance looks to keep oil prices in the range between $65 and $75 per barrel, and this is a comfortable price for consumers, Vagit Alekperov, president and CEO at Russia’s second-largest producer, Lukoil, told Russian newspaper Kommersant. Brent Crude prices have not… Continue Reading…

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Precious Metals

“Goldman Sachs Forecast: Gold Price Rise To $2k By End of Year”

September 6, 2021

“EDITOR NOTE: Yet another major financial player is bullish about the gold price forecast in the near future. Analysts from Goldman Sachs say that they “See XAU/USD moderately higher amid a weaker USD and emerging market demand recovery.” They also… Continue Reading…

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Precious Metals

“Silver Price Prediction – Price Slip Consolidating After Last Weeks Rally”

August 31, 2021

“…Silver prices moved lower on Monday following the surge seen on Friday. Resistance near the breakdown level at 24.42. Additional resistance is seen near the 200-day moving average at 25.85. Support is seen near the 10-day moving average at 23.61… Continue Reading…

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Stocks

“How GE Boosted Its Share Price by 700%”

August 2, 2021

“General Electric just increased its stock price by more than $90 a share. GE stock (ticker: GE) will open for trading Monday at about $104 a share, after closing Friday at $12.95. The company completed its 1-for-8 reverse stock split Friday evening. At the… Continue Reading…

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Business, Economy

“One corner of the auto market is hitting records as used car prices surge”

July 28, 2021

“A global chip shortage has put the squeeze on car production and driven the price of used cars higher. Used car and truck prices rose by more than 45% in June, according to the most recent read on inflation. That looks to have had a… Continue Reading…

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Business, Stocks

“Alphabet Could Scale to Fresh Record High on Upbeat Q2 Earnings; Target Price $3,000”

July 26, 2021

“The parent of Google and the world’s largest search engine that dominates internet search activity globally, Alphabet, is expected to report its second-quarter earnings of $19.33 per share, which represents year-over-year growth of about 90% from $10.13 per share seen in the same… Continue Reading…

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Economy

“Used car prices rose 21% during the pandemic: How buyers can find a good deal and sellers can take advantage”

July 26, 2021

“Used car prices averaged $25,410 during the second quarter of 2021, up from $20,942 a year ago, according to automotive resource site Edmunds. That’s a 21% jump. Because of the global microchip shortage, manufacturers are unable to produce enough new cars to… Continue Reading…

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Economy

“Oil prices tumble under $70 a barrel after OPEC+ reaches production deal”

July 19, 2021

“Crude prices tumbled to start the week, after Organization of the Petroleum Exporting Countries and its allies, including Russia, reached a deal to boost oil production amid climbing demand. West Texas Intermediate crude for August delivery  CL00, -3.73% CLQ21, -3.70% dropped nearly 3.7% to $69.16… Continue Reading…

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