[Moneywise] With price levels continuing to spike, the Fed is no longer using the word ‘transitory’ to describe inflation. U.S. consumer prices jumped 8.5% in March from a year ago, marking the fastest increase since December 1981. That could give the Fed more reason to continue raising interest rates — […]
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[MarketWatch] Just $3 for every $100 invested has left the stock market, says the bank At nearly the halfway mark in a volatile year of trading, the S&P 500 index is down, but not out to the point of an official bear market yet. According to a widely followed definition, […]
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[Forbes, Bloomberg] Gucci clients will soon be able to pay for the luxury fashion they buy in cryptocurrencies like Bitcoin BTC, Ethereum ETH, Ethereum Cash ETC, Dogecoin DOGE, shiba inu, wrapped bitcoin, life Coin, and other digital currencies in select U.S. stores. Starting at the end of May, Gucci will accept cryptocurrencies […]
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[Bloomberg, Reuters] In the shadow of Dubai’s sail-shaped Burj Al Arab hotel, crypto executives rubbed shoulders with Emirati royals, Wall Street bankers and Instagram influencers. The festivities in late March were organised by Binance Holdings Ltd. in its de facto home of the United Arab Emirates, which is fast becoming […]
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[BankRates, Getty Images] If you’re looking for an investment with a high interest rate, inflation protection and the safety of government backing, then Series I bonds could be an attractive addition to your portfolio. The interest rate on these bonds increases as inflation rises, ensuring that your payout keeps pace […]
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[Associated Press, Fox News] A man told investigators that he was making $2,000 a day selling marijuana from a vending machine attached to his Detroit home, federal agents said. The man, who has a felony record, was arrested last week and charged with illegally possessing guns. He explained how he […]
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