Swedish consumers now have Beyoncé to blame for their bills, bills, bills. The chief economist at Danske Bank, the biggest bank in neighboring Denmark, said Wednesday that the singer’s decision to kick off her “Renaissance” world tour in Stockholm last month led to a surge in hotel and restaurant prices…

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Tether’s stablecoin USDT has lost its dollar peg after two major pools for stablecoin trading became heavily imbalanced.On-chain data shows traders have been exchanging millions of dollars worth of USDT for other popular stablecoins like USDC and DAI on Uniswap and Curve pools.On Thursday, USDT balances on Curve’s popular 3pool,…

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Boris Johnson, Britain’s former prime minister, has been condemned for lying to parliament over the Covid “partygate” scandal, in a damning report that casts doubt on whether he can ever stage a political comeback.The report by MPs on the House of Commons privileges committee published on Thursday is a searing…

: National security implications of classified documents kept by Donald Trump John Vause interviews CNN’s National Security Analyst Juliette Kayyem on the serious implications of what was at risk if the classified documents Donald Trump kept at Mar-a-Lago ever got out. Read the full article here

Major U.S. stock indexes have rallied this year but the bear market isn’t over and “it’s too soon to price in a recovery,” according to a midyear outlook report from Citi Global Wealth Investments.   “We have had an overweight to global dividend growers,” including companies with strong balance sheets and…

By Bingyan Wang Evergrande Property Services Group, a subsidiary of debt-laden China Evergrande Group, released delayed earnings results that showed it swung to profit in 2022 due to lower impairment losses. Evergrande Property Services, which has been suspended from trading for over a year, released its 2022 earnings Monday after…

This is reprinted by permission from .  Conditions for first-time home buyers looked different in the first quarter of 2023 compared with one year before, but they hadn’t necessarily improved. Across the country, while active listings in the first quarter fell from the previous quarter, they remained significantly higher than…