Flash loans can have benefits, such as helping traders capitalize on price differences between cryptocurrencies on different exchanges. But flash loans have a dark side. A hacker who robbed the decentralized stablecoin platform Beanstalk in April had a powerful tool: a $1 billion loan taken out with no collateral, no proof of income and no…
Month: May 2022
The Week in Business: More Strong Job Gains
The Federal Reserve approved its biggest rate increase since 2000. Investors joined Elon Musk’s deal to buy Twitter. Another inflation indicator comes out this week. The Labor Department reported another solid month of job growth in April on Friday. The United States has regained nearly 95 percent of the 22 million jobs lost at the…
The Best Mid-Cap Dividend Stocks For 2022
Mid-cap dividend stocks are the best bargain on the board right now. Meanwhile many great under-the-radar mid-cap stocks sit between $2 billion and $10 billion in market capitalization. But there’s a large number of longstanding mid-cap dividend growers, and they’re recognized by inclusion in the lesser-known S&P MidCap 400 Dividend Aristocrats. For instance, a $1.50-per-share…
Analyst Believes Bitcoin Could Soon Fall To $30,000
Carter Braxton Worth, a technical analyst, believes that Bitcoin could break below its support levels and soon fall to $30,000. A bunch of golden bitcoin, digital currency gettyOver the past week Bitcoin BTC has fallen 10% from about $38,500 to around $34,500. Carter Braxton Worth, founder of Worth Charting, believes that Bitcoin could quickly fall…
Increasing Green Space Could Help In Slowing Down Cognitive Decline And Curtail Dementia Risk Factors
In a recent study published in the journal JAMA Network Open, researchers analyzed how exposure to residential green space is highly beneficial for your brain. The team accessed the women’s data that included green space exposure and cognitive measures. Also, areas with more green space were less likely to be densely populated. But they found…
Why Musk’s Twitter Bid Has Shaken Tesla Investors
The chief executive’s debt load, his divided attention and Twitter’s own challenges could all take a toll on his electric-car company. Elon Musk’s deal for Twitter has features that make it risky, including billions of dollars of personal debt. If it goes wrong, it could burn Tesla shareholders and strain Twitter’s financial health. As Tesla…
Dr. Fauci Diagnoses China’s Bad Economic Habits
China’s stubborn embrace of lockdowns is out of step with the Omicron phase of the pandemic. As Bremmer argued in January: China’s stubborn embrace of lockdowns is out of step with the Omicron phase of the pandemic. HECTOR RETAMAL/AFP via Getty ImagesJust as with personal health, bad economic habits die hard. “We see countries with…
Energy Stocks Still Have Gas in the Tank
Oil-and-gas stocks have had an amazing run as the rest of the market sagged, and there may be more to come. Oil and natural gas are hot, and so are American energy stocks. But investors, whether they have been along for the ride or are just thinking of joining now, may be wary of getting…
Sheldon Krimsky, Who Warned of Profit Motive in Science, Dies at 80
He delved into numerous scientific fields — stem-cell research, genetic modification of food and DNA privacy among them — and sought to pinpoint the dangers. Sheldon Krimsky, a leading scholar of environmental ethics who explored issues at the nexus of science, ethics and biotechnology, and who warned of the perils of private companies underwriting and…
Arkansas Governor Who Signed State-Level Abortion Ban Says He’s Against A National Ban
A national abortion ban would be “inconsistent with what we’ve been fighting for for decades,” Arkansas Gov. Asa Hutchinson (R) told ABC Sunday. The Supreme Court is reconsidering Roe v. Wade in a case involving a Mississippi law that sought to ban all abortions after 15 weeks of pregnancy. TangentOver the past 15 years, support…