Bitcoin Soars Past $50,000, Leaving Doubters Behind
On Monday, Bitcoin surged above $50,000, hitting its highest value in over two years at one point. Bitcoin surged above $50,000 on Monday, reaching its highest value in over two years, peaking at $50,334.
Feb 13, 2024 3:53 AM EST
US Deficit Shows Improvement, But Long Road Ahead
The Treasury Department announced on Monday that the Internal Revenue Service (IRS) cleared a backlog of tax returns delayed by the epidemic, which led to a decrease in tax refunds.
Diamondback Targets Endeavor in Cash-and-Stock Deal Valued at $26 Billion
To build an energy juggernaut in the Southwest valued at over $50 billion, Diamondback Energy plans to acquire competitor Endeavor Energy Resources.
Is Bitcoin a Good Investment for a New Investor?
Before we get into the nitty-gritty of if it's still a good investment, you should first understand its appeal and why so many are heavily invested in it:
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Job Market Booms, Inflation Falls, But Political Tensions Cast a Shadow
Only 25% of business economists and professionals believe that this year will see a recession in the US. Furthermore, an external shock, like a dispute involving China, would probably cause any slowdown rather than local economic issues, such rising interest rates.
Feb 12, 2024 9:47 AM EST
Looming Debt Crisis Threatens American Way of Life
The public debt of the United States is over $34 trillion, and the country's debt-to-GDP ratio is about 100%. Not quite the boon that the Founding Fathers had originally intended.
Feb 12, 2024 7:29 AM EST
FTX Phoenix Rising? Customers Could See Full Repayment Despite Bankman-Fried's Fall
Former FTX clients have cause to hope they may be able to get their money back as Sam Bankman-Fried, who was found guilty of criminal fraud in connection with the catastrophic collapse of the cryptocurrency exchange in 2022, is ready to be sentenced next month.
Feb 12, 2024 6:46 AM EST
Super Bowl Sunday Snack Attack? Biden Tells Companies to End "Shrinkflation" Trickery
U.S. President Joe Biden urged snack companies to halt shrinkflation, the practice of reducing product sizes while maintaining prices, labeling it as "a rip-off."
Feb 12, 2024 4:48 AM EST
Jeff Bezos Dumps $2 Billion in Amazon Stock, Triggers Market Buzz
In a document he submitted to federal regulators, Jeff Bezos disclosed that he had sold around 12 million shares of Amazon stock, valued at over $2 billion.
Feb 12, 2024 12:05 AM EST
What is DeFi (And why you should care)
Freshly baked altcoins are solely released on decentralized exchanges (DEXs) like Uniswap. DeFi gives you access to the newest blockchain-based tech ...
Feb 11, 2024 12:10 PM EST
Swedish Death Cleaning: How To Master Your Mind & Level Up
Despite its grim name, this cleansing routine revolves around the question, "Will anyone be happier if I save this?"
Feb 11, 2024 2:11 AM EST
Unveiling the Secret Savings Strategies of High-Rollers
Rich people frequently have different retirement demands than average people. Find out how much money is saved by those with high incomes and how to get your savings in order.
Feb 10, 2024 5:08 PM EST
NY Targets Digital Currency Group in Expanded $3 Billion Lawsuit
Letitia James, the attorney general of New York, tripled the amount of the alleged fraud scheme of Digital Currency Group and other cryptocurrency defendants in her complaint on Friday, bringing it to over $3 billion.
Feb 10, 2024 11:02 AM EST
Federal Reserve Resists Rate Cuts Despite Near 2% Inflation: What's Holding Them Back?
Americans are ready for the Federal Reserve to start lowering interest rates and lessening the burden on borrowers, from Wall Street speculators to auto sellers to house purchasers.
Feb 10, 2024 10:26 AM EST
Feds Unveil Huge Reward for Hive Ransomware Info
The U.S. Department of State announced on Thursday that it would provide a reward of up to $10 million for information leading to the identification or location of leaders associated with the Hive ransomware gang.
Feb 09, 2024 2:10 AM EST
S&P 500 Hits 5,000, But Valuations Raise Eyebrows
The S&P 500's valuation is rising to all-time highs as it breaks beyond the 5,000 mark for the first time ever and continues to surpass new benchmarks.
Feb 09, 2024 12:27 AM EST
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