[The New York Times, Reuters] A Western intelligence report indicates that Chinese officials had some level of direct knowledge about President Vladimir V. Putin’s war plans or intentions. WASHINGTON — A Western intelligence report said senior Chinese officials told senior Russian officials in early February not to invade Ukraine before the end […]
Read More
[CNBC, Reuters/Getty Images] Brent crude futures rallied to $116.83 a barrel, the highest since August 2013. The contract was at $116.60 a barrel, up $3.67 by 0112 GMT. U.S. West Texas Intermediate crude was at $113.01 a barrel, up $2.41 after touching a fresh 11-year high of $113.31 a barrel. […]
Read More
[CNN Business] As Western sanctions take root, Russians are bracing for a dramatic shift in their standard of living as their savings diminish in value and imports of everyday goods are quickly being cut off. Over the past week, several Western companies have abandoned their Russian operations to avoid running afoul of sanctions. They’re […]
Read More
[CNBC, Getty Images] Ukraine has started to accept dogecoin and other cryptocurrencies such as solana as donations toward its military as Russia’s invasion continues. The Ukrainian government has raised $35 million, through more than 35,000 cryptoasset donations since the start of the Russian invasion, according to Elliptic, a blockchain analytics […]
Read More
[CNBC, Reuters] Washington takes aim at Russia’s access to digital cash as the U.S. and its allies levy heavy punitive measures against Moscow. The concern is that the Kremlin, as well as other ancillary actors supporting the offensive on Ukraine, will evade the sanctions regime via digital tokens, which are […]
Read More
[CNBC, Getty Images] Russia’s largest lender said its European subsidiaries had experienced “abnormal cash outflows” and expressed concern for the safety of its employees and properties. As of late morning trade in London, Sberbank shares were down 94.24% to trade at $0.01. The bank has lost 99.9% of its value […]
Read More
[Acorns, Tori Dunlap] Only 28% of women feel confident about investing some of their money, according to a recent study from BNY Investment Management. One reason women don’t invest more, according to the survey, is because they see it as too much of a gamble: A whopping 45% of women respondents said that investing […]
Read More
[Reuters] Private payrolls increase 475,000 in February January data revised higher to show gain instead of loss U.S. private employers hired more workers than expected in February and data for the prior month was revised sharply higher to show strong job gains instead of losses, aligning with other reports that […]
Read More
[The Motley Fool] Diversification isn’t necessary if you know what you’re doing. Key Points The Oracle of Omaha has overseen the creation of more than $710 billion in shareholder value since becoming CEO. Despite managing a $340 billion investment portfolio, $296 billion is devoted to only three sectors. Few investors have […]
Read More
[Forbes, Getty Images] Bitcoin and cryptocurrency prices have soared this week as sanctions on Russia push people toward bitcoin. The bitcoin price has added more than 20% since dropping to lows of under $35,000 per bitcoin last week. Meanwhile, the price of ethereum and smaller coins BNB, solana, cardano, XRP, Terra’s […]
Read More