Zimbabwe’s plan to produce gold to fight inflation excites investors
President Mnangagwa apparently wants to shed his administration’s economic issues. Share on facebook Share on…
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Crypto hedge fund in trouble nears deadline to repay $670 million.
Three Arrows Capital must repay Voyager Digital $670 million by Monday or default. Share on…
200,000 student loan debtors will have $6 billion in debt forgiven
Former students said misconduct-plagued schools left them with federal liens. Share on facebook Share on…
Retail faces a possible bankruptcy wave
After a two-year reprieve, retail bankruptcies could rise later this year, analysts predict. Share on…
Why do central banks try to get interest rates to increase?
Banks are raising interest rates to stop inflation, but this could hurt economic growth. Share…
Leon Cooperman forecasts that US stocks will fall by 40% as the economy enters a recession
He believes the index will not recover until it reaches 3,000, which is 20% below…
The majority of the ruling against Meta’s Giphy deal is supported by a UK tribunal
Meta Platforms (META.O) won an appeal against Britain’s decision to block its acquisition of Giphy…
Biden’s solar strategy “builds a bridge” for American manufacturing
President Biden issued an executive order invoking the Defense Production Act to expedite domestic production…
Bitcoin falls 14%, falling below $24,000, as $200 billion is erased out of the crypto market over the weekend.
Macro factors are contributing to volatility in the crypto markets. Share on facebook Share on…
The Federal Reserve is expected to raise rates by 0.75 percent next week
The consensus is that they will raise rates by a half-percentage point next week, on…
