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Cryptocurrencies, Economy

“Russia approves law allowing use of crypto for global payments as it faces ongoing sanctions”

“The lower house of Russia’s parliament on Tuesday approved a law that permits making international payments via cryptocurrencies, local media reported. Russia’s central bank is itself looking to move money across borders using crypto before the end of 2024, Governor… Continue Reading…

Stocks

“Hedge funds using computers to sell up to $30 billion of stocks soon – UBS”

“LONDON (Reuters) – Hedge funds using computers to trade equities are expecting to start selling to the tune of $20 billion to $30 billion in the next two weeks given retreating stock markets, a UBS note seen by Reuters shows…… Continue Reading…

Energy

“IEA says coal use hit an all-time high last year — and global demand will persist near record levels”

“Coal consumption increased by 3.3% to hit a fresh record high of 8.3 billion metric tons in 2022, the International Energy Agency said Thursday. According to the Paris-based organization’s Coal Market Update, demand increased “despite a weaker global economy, mainly driven… Continue Reading…

Economy

“Morgan Stanley expects the S&P 500 to plunge another 17%-27% within the next four months — use these 3 top recession-resistant stocks for protection”

“…“Our ’22/’23/’24 base case estimates are now 3%/13%/14% below consensus, respectively,” a team of Morgan Stanley analysts led by Mike Wilson write in a recent note to investors. “In our base case, 2023 now marks a modest earnings contraction (-3%… Continue Reading…

Cryptocurrencies

“Dogecoin jumps 9% after Elon Musk says it can be used to buy Tesla merchandise”

“The price of dogecoin jumped more than 15% on Friday before paring gains after Tesla began accepting the cryptocurrency as payment for some merchandise. Early Friday, Tesla CEO Elon Musk said on Twitter that the electric carmaker’s merchandise can be purchased with dogecoin… Dogecoin… Continue Reading…

Business

6 Key Ways Your Business Can Use HR Consulting To Advance Within Your Field

Written By Tina Martin No matter your industry, the size of your company, or the length of time you have been in business, you can benefit from partnering with specialists who can optimize the success of each area of your… Continue Reading…

Investing

“What Is the Rule of 70, and How Do You Use It?”

“The rule of 70 is used to determine about how long it will take an investment to double in size while growing at a consistent rate of return. The rule is far from exact, but it can nonetheless help you figure out… Continue Reading…

Personal Finance, Predictions, Opinions, & Comments

Savings Tip: Money Games

Would you like to save money and have fun while doing it? Here’s a neat way to do so. First pick a coin any coin. Every time you break a dollar save that coin. For this example lets say you… Continue Reading…