CDC says new Covid strain in U.S. could further stress ‘already heavily burdened’ hospitals

[CNBC] CDC officials said Wednesday that the new strain of Covid-19 that was discovered in the U.K. could further stress hospitals that are already overwhelmed with coronavirus patients. The CDC’s Dr. Henry Walke said the new variant appears to spread “more easily and quickly than other strains,” but it does […]

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‘Flood Into’ Crypto—Bitcoin Poised For An Unexpected S&P 500 Earthquake After $2 Trillion Ethereum, BNB, XRP, Solana, Cardano And Dogecoin Price Crash

[Forbes] BitcoinBTC, ethereum and other major cryptocurrencies have crashed along with the S&P 500 and stock prices this year (with some people betting on ‘a $28 trillion opportunity’). The bitcoin price has plummeted around 70% from its all-time highs, dropping under $20,000 per bitcoin, and dragging on other top ten […]

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‘Stocks and bonds are toast’: Robert Kiyosaki warns central banks can’t fix inflation and that ‘fake’ money is forcing state pensions to pivot — here are 3 real assets he likes now

[MoneyWise] Bank of England recently bought £19.3 billion of U.K. government bonds to prevent a collapse in the country’s pension industry. In the eyes of Rich Dad, Poor Dad author Robert Kiyosaki, that’s a sign to acquire three specific alternative assets. “Bank of England pivot means buy more GSBC,” he […]

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3 Facts About Polygon You Should Know

[The Motley Fool] KEY POINTS Polygon makes Ethereum faster and cheaper to use for everyone. New technology will help increase speeds further and promote more development on the blockchain. With multiple partnerships with some of the world’s more recognizable brands, 2022 has been a year of building for Polygon. Polygon’s […]

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Why is the U.S. dollar so strong?

[Washington Post, Bloomberg] Nearly every major currency has lost ground against the U.S. dollar this month, an offshoot of the Federal Reserve’s campaign to rein in inflation through higher interest rates. For Americans, a stronger dollar means cheaper imports and trips abroad. But it can also weigh on other economies, […]

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China’s yuan drops to weakest level in 14 years and is on track for its worst annual loss since 1994

[Markets Insider, AP] China’s yuan dropped to its lowest level versus the dollar since 2008.   The onshore currency weakened to 7.2409 per dollar, its lowest in 14 years.  Beijing must navigate a weakening currency, a real estate crisis, and disruptive COVID-19 lockdowns.  China’s yuan weakened to its lowest mark against […]

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