Is Your Luxury Bag Real? Rising Superfake Quality Threatens Your Investment
Luxury handbag counterfeiting has taken off on social media. The most recent wave of counterfeit handbags, dubbed "superfakes," resembles the real luxury item remarkably well rather than being poorly constructed knockoffs.
May 03, 2024 3:13 PM EDT
Inflation Bites as Low-Income Shoppers Skip Extras
Several of the most well-known companies in America claim that as prices rise, inflation is pinching their customers.
Pennsylvania Town Named Most Affordable Place to Retire
Most people probably have no concept what the perfect little town in America is like to retire to. Most people probably have no concept what the perfect little town in America is like to retire to.
Side Hustle Tips: A Beginner’s Guide to Becoming Successful
As per Gusto's 2024 New Business Formation Report, 44% of those who launched a business in 2023 did so while employed, a rise from 27% in 2022.
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Is it Time to Invest in Weed? Pot Stocks Rise on Reclassification, But Caution Urged
Cannabis company shares shot up on Tuesday afternoon following the U.S. Marijuana was reclassified by the Department of Justice (DoJ) as a less harmful substance.
May 03, 2024 3:04 PM EDT
Why 1-Ounce Gold Bars are Perfect for First-Time Investors
Over the past few weeks, there has been a notable increase in the price of gold, which has been steadily rising over the past several months.
May 03, 2024 3:02 PM EDT
XRP Rising in Japan: Could it Challenge the Dollar's Dominance?
The claim made by cryptocurrency pundit Jack Straw that XRP would eventually replace the US dollar in Japan has sparked discussion.
May 03, 2024 1:29 PM EDT
Protect Your Wallet: FBI Warns of Rising Elder Fraud Targeting Seniors
According to a recently released FBI report, Americans over 60 were the victims of so-called elder fraud crimes more often last year than any other year, accounting for an estimated $3.4 billion in total reported losses.
May 02, 2024 3:08 PM EDT
Is China's Central Bank Gold-Buying Spree A Precursor for War? Part I of II
Since 2009, China has more than doubled its gold reserves. In wartime, particularly in wars perpetrated in violation of international law, the resulting international sanctions can force an invader state to rely on its gold reserves. Thus if a country is preparing to go to war and incur sanctions, it will ensure it has an ample reserve of gold.
May 02, 2024 3:08 PM EDT
Milei's Radical Approach to Overhauling Argentina's Fiscal Deficit
Javier Milei, the libertarian president of Argentina, is intensifying his efforts to reduce the nation's large budget deficit by focusing more on "chainsaw" expenditure cutbacks and "blender" austerity measures that reduce buying power and, he believes, curb out-of-control inflation.
May 02, 2024 3:08 PM EDT
Ethereum Fights Back Against SEC Security Label
According to a court document filed on Monday, for over a year, the US Securities and Exchange Commission (SEC) has been looking into whether or not Ethereum could be considered a security.
May 02, 2024 3:00 PM EDT
Ex-Binance CEO Jailed, Industry Faces Regulatory Heat
Former Binance CEO Changpeng Zhao, commonly known as CZ, expressed appreciation for the support from the crypto community following his sentencing to four months in U.S. prison for money laundering charges.
May 02, 2024 3:00 PM EDT
JPMorgan Predicts No Rate Cuts, Potentially Boosting Returns
JPMorgan Chase & Co. President Daniel Pinto suggested that the Federal Reserve might not cut interest rates at all this year due to persistently high inflation.
May 02, 2024 2:59 PM EDT
Should You Sell Your Bitcoin? Schiff Sounds Alarm on Crypto Winter
Through a series of tweets on the social media site X on Wednesday, economist and gold bug Peter Schiff shared his thoughts on bitcoin and the state of the US economy.
May 02, 2024 2:58 PM EDT
Bitcoin Investor Microstrategy Ups the Ante: Should You Invest in Crypto?
After the most recent acquisition, Microstrategy, "the world's first bitcoin development company" and a software intelligence company listed on the Nasdaq, said that it currently possesses 214,400 bitcoins.
May 02, 2024 2:57 PM EDT
Quantum Conundrum: Can Blockchains Find a User-Friendly Security Upgrade?
Johann Polecsak, co-founder of the QAN blockchain platform, contends that public blockchains like Bitcoin, Ethereum, and Solana are still unprepared to adopt post-quantum cryptography without having a major impact on users, even as the possibility of quantum computers breaking current cybersecurity standards grows.
May 02, 2024 2:55 PM EDT
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