Investing
Though there have been signs recently that the US and world economy are slowing, and broader inflation figures may have peaked, energy prices – particularly oil – are surging. This has a multitude of effects on the domestic and international economies. In the US, consumers continue to be squeezed on…
By almost any measure, crypto fatigue has settled in. Prices have flatlined, trading volume has collapsed, and hardly anyone outside the industry seems to care about crypto anymore. Google searches for Bitcoin are off 87% from their peak in 2021. Searches for “cryptocurrency” are down 96%. Crypto trading “has been…
Key Takeaways JPMorgan Chase has agreed to pay $75 million to the US Virgin Islands to settle the suit against them in relation to Jeffrey Epstein The charges laid against them suggested that they had facilitated Epstein’s actions through offering him banking services, where he was a client from 1998…
Bitcoin and other cryptocurrencies were unchanged or mildly higher on Wednesday despite turbulence in wider markets, with a selloff Tuesday on Wall Street. It could be another sign that Bitcoin is boring—or signal pain headed for cryptos. The price of Bitcoin has risen less than 0.5% over the past 24…
The U.S. Federal Reserve will next determine short-term interest rates on November 1. Fed Chair Jerome Powell has made it clear that decision will depend on the data. On the one hand, the Fed may increase rates if upcoming data shows that inflation is not slowing as fast as the…
Almost 1,500 high-grade corporate bonds issued by some household names are currently trading at a discount of between 50 and 80 cents on the dollar, offering investors with the right time frame the opportunity to pursue handy returns. Bonds issued by Apple Inc., Microsoft Corp. MSFT, +0.27%, Google Parent Alphabet…
Cybersecurity is one of the highest costs that enterprises face at 12% of IT budgets on average, and this cost is rapidly rising. While a company can lay off staff or reduce marketing and R&D expenses during a period of lower growth, enterprises cannot compromise on cybersecurity. The rise in…
Netflix has a well-rounded lineup for October 2023. Horror hit-maker Mike Flanagan (“The Haunting of Hill House,” “Midnight Mass”) has a new limited series, “The Fall of the House of Usher” (Oct. 12), an adaptation of Edgar Allan Poe’s classic story, with a modern twist. Bruce Greenwood stars as the…
Volatility is increasing for systemic reasons, and that is a big opportunity for long-term investors. The S&P 500 closed unchanged in February, yet behind the scenes traders were frantically buying and selling. It’s a new reality driven by zero-day-to-expiry options, a relatively new investment tool. The mechanics of 0DTE options…
Most large cryptocurrencies were up during morning trading on Wednesday, with Uniswap UNIUSD, +5.55% seeing the biggest move, rising 3.42% to $4.38. Seven additional currencies posted rises Wednesday. Ethereum ETHUSD, +4.40% increased 1.96% to $1,617.72, and Bitcoin BTCUSD, +3.72% increased 1.74% to $26,604.00. Dogecoin DOGEUSD, +2.20% climbed 1.11% to 6…