Once-popular trades are falling out of favor as investors brace for further volatility. The 2022 pullback in U.S. stocks intensified last week, with stocks on Thursday staging their largest single-day decline since the onset of the pandemic. The plunge came just a day after Federal Reserve Chairman Jerome Powell appeared to clear the way for…
‘Extreme Fear’ Crypto Crash Suddenly Wipes $200 Billion From The Price Of Bitcoin, Ethereum, BNB, XRP, Luna, Solana, Cardano And Avalanche
Bitcoin, ethereum and other major cryptocurrencies have fallen sharply, wiping around $200 billion from the crypto market in just a matter of days. Bitcoin BTC , ethereum and other major cryptocurrencies have fallen sharply, wiping around $200 billion from the crypto market in just a matter of days (though some fear the bitcoin price could…
Europe Car Forecasts Turn Negative, While Electric Sales Growth To Stall
Sales prospects for cars and SUVs in Western Europe are fading fast with forecasts dropping into negative territory as economic prospects weaken, and even the rock-solid electric car revolution is likely to take a breather over the next couple of years. Western Europe’s battery-electric vehicle (BEV) sales more than doubled in 2020 to just under…
Billion-Dollar Crypto Loan Easy to Get, Gone in a Flash
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…
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…