The most popular cryptocurrency is in free fall along with the stock market. Economist Peter Schiff is the favorite opponent of bitcoin evangelists on social media. He’s very active there, and he seems fond of Read more…
Bitcoin is trading lower on Monday, as the cryptocurrency works on its seventh consecutive weekly decline. Here’s how to trade it from here. Bitcoin has weathered the storm better than many growth stocks have, but Read more…
Markets are shaken as the stablecoin TerraUSD briefly lost is dollar peg. The stablecoin TerraUSD briefly lost its dollar peg over the weekend, pulling down its sister token LUNA as well. Cryptocurrency prices were falling Read more…
This new KFC product taps into several fast food trends all at once. Nothing will up the calorie count on an already-indulgent dish quite like macaroni and cheese — the trend of adding it, fried, Read more…
Also, voters in Austin approved a ballot measure that would decriminalize marijuana. South Carolinians will have to wait another year for medical cannabis after the state’s legislature declared the Compassionate Care Act “unconstitutional.” The CCA Read more…
The 30-year fixed-rate mortgage averaged 5.27% in the week ended May 5, according to Freddie Mac. Buying a home continues to get more expensive. The 30-year fixed-rate mortgage averaged 5.27% in the week ended May Read more…
The crypto market is showing the highest positive correlation with stock indexes ever in history, one analyst says. It doesn’t seem that long ago. On Nov. 10, 2021, bitcoin reached its all-time high of $69,044.77. On Read more…
BoE MPC member Michael Saunders said in a speech, “I put considerable weight on risks that, unless checked by monetary policy, domestic capacity and inflation pressures would probably be greater and more persistent than the Read more…
If inflation prints at expectations, it would be the first meaningful decline in the annualized inflation rate since the depths of the COVID recession… The battlelines are drawn and the two sides are arrayed for Read more…
Brent crude is back below $110/bbl, losing 2% since the start of the day on Monday. At the beginning of May, oil largely remained within the trends of previous months. There are still accumulating risks Read more…