(Bloomberg) — Japanese equities shed $1.1 trillion in value as they kicked off August with a record three-day loss. For bullish investors, that’s providing a fresh reason to buy what has been one of 2024’s hottest trades. Most Read from Bloomberg The stocks that were hit the hardest are the ones that had soared the…
Read More “Brutal Selloff Skims Froth From Japan’s $6 Trillion Stock Market” »
[PRESS RELEASE – Dubai, United Arab Emirates, August 10th, 2024] Decentrawood, a leading name in the metaverse and blockchain space, announced the listing of DEOD, on the globally top crypto exchange MEXC. It is scheduled to take place on August 12th, 2024, at 10 AM UTC. DEOD’s listing on MEXC marks a pivotal moment for…
Ironheart | Moment | Getty Images The summer travel season is in full swing, often bringing more flight delays and cancellations. But travelers may be out of luck when it comes to reimbursement for such disruptions, depending on the root cause and specific airline policy, experts said. “In general, in the U.S., airlines aren’t really…
Read More “Summer is ‘high season’ for flight delays. What travelers need to know” »
One the biggest storylines in the capital markets right now revolves around Apple. More specifically, Warren Buffett’s Berkshire Hathaway sold off a significant portion of its stake in the iPhone maker according to recent filings. While this has raised many eyebrows in the investment community, I personally wasn’t surprised. Moreover, I think Buffett is far…
The following is a guest post from Shane Neagle, Editor In Chief from The Tokenist. When the Federal Reserve tampered with the money supply in 2020, by giving it a ~40% boost, everyone has been paying the cost of that tampering via inflation. In turn, people’s life energy is siphoned away as their savings are…
[PRESS RELEASE – Willemstad, Curacao, August 10th, 2024] Online poker site CoinPoker has released a proof of reserves (PoR) report showing that user deposits are covered 1:1 in cold wallets, visible on the blockchain, alongside additional reserves in hot wallets to process instant withdrawals. Praising the move by the crypto-based poker site to increase transparency,…
Pictured here is a McDonald’s store in Yichang, Hubei province, China, on July 30, 2024. Nurphoto | Nurphoto | Getty Images BEIJING — A theme emerging in the latest slew of U.S. companies’ earnings reports is a drag from the China market. The Chinese economy — home to more than four times the population of…
Read More “U.S. consumer giants have one big sales problem: China” »
This week saw one of the most dramatic crashes in the cryptocurrency market—one that we hadn’t seen since the collapse of FTX in November 2022. What is even more interesting was the epic recovery of the majority of coins in the following days. Ultimately, the market ended up losing some $70 billion of its total…
Read More “Massive Bitcoin and Crypto Crash and Epic Recovery: This Week’s Recap” »
Job seekers attends the JobNewsUSA.com South Florida Job Fair on June 26, 2024 in Sunrise, Florida. Joe Raedle | Getty Images Renewed fears of a U.S. recession have put a spotlight on unemployment. However, the system that workers rely on to collect unemployment benefits is at risk of buckling — as it did during the…
Read More “Unemployment insurance program is unprepared for a recession: experts” »
Brace Yourself! Intel’s Stock Nosedives To Lowest In 10 Years, Suffers Worst Day on Wall Street In Half A Century Intel shares plunged by 26% to $21.48, their lowest stock price since 2013, bringing the market capitalization below the $100 billion mark. This followed the company’s disappointing earnings report and the announcement of a large…
