Real-estate billionaire Jeff Greene expects a surge in consumers and businesses falling behind on their rents and loan payments as interest rates bite. | Continue reading
AI executives from Google Cloud, Microsoft, Oracle, and SAP sat down to debunk recurrent challenges when businesses attempt to integrate AI/MLNEW ... | Continue reading
State-run oil giant Saudi Aramco hiked prices by $0.20 a barrel for all US grades, while northwest Europe and the Mediterranean saw declines. | Continue reading
The amount of dollars to be sold hasn't been decided yet, but Reuters said it will primarily involve state banks' currency reserves. | Continue reading
Moscow's anti-crisis measures — such hiking interest rates to 20% — may have actually squeezed Russia's currency too high, analysts told Insider. | Continue reading
Goldman Sachs placed over $1.3 billion in client bids on Russian debt during Monday's auction, according to the Wall Street Journal. | Continue reading
The Fed may slow the pace of rate hikes to 50 basis points in November as the US housing sector is struggling in a recession, says Pantheon. | Continue reading
"Initial unemployment insurance claims [are] up 50% form the low, so I do believe we're going to see some significant disappointment," Wood said. | Continue reading
Four cargoes carrying Russian oil are en route for the east coast of India, where an Indian Oil Corp refinery is located, Bloomberg reports. | Continue reading
Sources told Bloomberg that some international traders have been offering barrels at markdowns of about $8. | Continue reading
Claims that Voyager or its customers are FDIC insured are not true, banking regulators said in a cease-and-desist letter to the crypto brokerage. | Continue reading
In May, China held $980.8 billion in US debt, down $23 billion from the prior month and almost $100 billion from a year ago. | Continue reading
Warren Buffett's business partner slammed crypto sellers as "delusional or evil," and warned against buying or trading the digital coins. | Continue reading
The metal, which is considered a bellwether of the global economy, is coming off its worst quarter since 2008. | Continue reading
"I just want to go sit at the beach and do nothing. I'm not thinking about anything else," Formica told Bloomberg in an interview this week. | Continue reading
The new BRICS basket-based currency would challenge the US dollar-dominated IMF's basket and allow Russia to widen its sphere of influence. | Continue reading
The Nasdaq is plunging faster than during the dot-com crash. The scary thing? In 2000 it fell for two more years and didn't recover until 2015. | Continue reading
The losses expose the big drawback of adding a highly volatile asset to a company's balance sheet, which is typically reserved for more stable assets. | Continue reading
Vy Capital has committed $700 million to the Twitter bid, making it the third-biggest outside equity investor, Bloomberg reported. | Continue reading
"If we see very high energy prices for a period of time we will eventually see demand destruction," said Jeremy Weir. | Continue reading
Drivers in California, Illinois, Oregon, Nevada, Alaska, Hawaii, and Washington are paying more than $5 per gallon for gas, according to AAA. | Continue reading
The Fed's preferred PCE inflation measure rose to 4.9% in April, slowing from March's 5.2% pace of price increases. | Continue reading
The Fed's Economic Well-Being of US Households report also found that 29% of crypto investors had an annual income of $50,000 or less. | Continue reading
Burry, famous for his dire predictions, pointed to how past crashes have played out, and cautioned the current downturn is only just beginning. | Continue reading
Customer Trials Show IT Teams Can Predict and Avoid Issues with High Accuracy News summaryCisco reveals how it is helping networks evolve by predi... | Continue reading
For the first time ever, they yuan is part of Israel's central bank reserves, and its allocation for US dollars has been cut. | Continue reading
An expert explains how North Korea's historic crypto hack proves it can compete on the digital battlefield with global powers like the US and China. | Continue reading
The billionaire is no longer Twitter's largest shareholder after Vanguard Group swooped in to snap up a 10.3% stake, according to a recent SEC filing. | Continue reading
Virgil Griffith was sentenced to five years in prison for undermining US sanctions on North Korea after presenting blockchain research in Pyongyang. | Continue reading
The tech-heavy Nasdaq 100 stock index suffered its worst day since March on Wednesday, plunging more than 3%, and is struggling to regain ground. | Continue reading
The largest US oil producer began a pilot program in January 2021 that uses excess natural gas to power crypto mining, according to Bloomberg. | Continue reading
Cryptocurrencies and NFTs are the new "Cayman Islands bank account" for divorcing couples, according to one investigator. | Continue reading
"The peril is you have these $3 million monkeys and it becomes a different kind of gambling," he told Time in an interview. | Continue reading
New Western sanctions on Russian trade will cause the country's exports to drop 10% and imports to tumble 20% this year, Goldman said. | Continue reading
Crypto thrives on a "colonialist mindset" that features people at the top exploiting labor at the bottom, according to researcher Catherine Flick. | Continue reading
Surging crude-oil prices have sent prices up at the pump, with US gas prices jumping to around $4 a gallon — the highest level since 2008. | Continue reading
Russia is stepping up its defense of its beleaguered financial system as major Western companies try to ditch their investments. | Continue reading
She thought the funds were going into a legitimate crypto exchange. Instead, the money went into the scammer's wallet, and he disappeared. | Continue reading
Potential portfolio companies will have access to OpenSea's strategic partners, including Andreessen Horowitz and Standard Crypto. | Continue reading
AssangeDAO is raising funds to bid on an NFT made by Pak, a prominent digital artist. Proceeds of the NFT will go to Assange's legal funds. | Continue reading
"Mortgages and financing availability will expedite the development and adoption of the metaverse," TerraZero CEO Dan Reitzik said. | Continue reading
MIAMI, Dec. 16, 2021 /PRNewswire/ -- ReserveBlock Foundation (reserveblock.io), is the first open-source platform allowing for the creation of a d... | Continue reading
The rising costs of real estate and college education could be drawing younger people to crypto, as well as inflation that's spiked prices of everyday goods. | Continue reading
Plots of virtual land are now selling for millions of dollars in the metaverse as investors snap up digital real estate. | Continue reading
The cryptocurrency market has lost $500 billion in value in the week since bitcoin hit an all-time high, as investors have cashed in on recent gains. | Continue reading
Burry said he'd never shorted crypto, suggested that assets are more overvalued than during the dot-com and housing bubbles, and teased a bearish bet. | Continue reading
The launch of NYCCoin follows MiamiCoin, which to date has earned more than $21.3 million since its August 2020 launch, the nonprofit said. | Continue reading
Redditors say the growing use of the Fed's reverse repo facility means big firms are worried about a market crash, Bloomberg reported Tuesday. | Continue reading