Criminals have laundered at least $4 billion worth of illegal crypto proceeds using decentralized exchanges, bridges that allow asset transfers across different blockchains, and coin swap services, a new study Read more
Tag: Money/Currency Markets
History shows S&P 500’s bounce from 2022 low may not signal bear market’s end, cautions Bespoke
The U.S. stock market is heading higher again Tuesday, with the S&P 500 index continuing to climb above its 2022 low, but Bespoke Investment Group cautions that history shows its Read more
History shows S&P 500’s bounce from 2022 low may not signal bear market’s end, cautions Bespoke
The U.S. stock market is heading higher again Tuesday, with the S&P 500 index continuing to climb above its 2022 low, but Bespoke Investment Group cautions that history shows its Read more
Fed’s Jefferson, in first speech, says elevated inflation is his chief concern
Philip Jefferson, one of the three newest members of the Federal Reserve board of governors, on Tuesday used his first speech to say that high inflation was his biggest concern. Read more
Fed’s Jefferson, in first speech, says elevated inflation is his chief concern
Philip Jefferson, one of the three newest members of the Federal Reserve board of governors, on Tuesday used his first speech to say that high inflation was his biggest concern. Read more
If Fed gives up fight, ‘you’re going to see bitcoin and other assets take right back off,’ says Michael Novogratz
“ ‘If he gives up this fight, you’re going to see bitcoin and other assets take right back off.’” — Michael Novogratz, CEO of digital asset and blockchain lender Galaxy Read more
Crypto companies and funds rally as bitcoin rises, Dow jumps 700 points
Major crypto-related stocks and funds rallied Tuesday as bitcoin climbed 3%, and the Dow Jones Industrial Average DJIA jumped more than 700 points. The largest cryptocurrency BTCUSD is trading at Read more
Opinion: Your off-ramp for I-bonds is coming up soon if you bought the securities for their juicy 9.6% yield
You can hold on to Series I bonds for 30 years, but if you jumped in when the interest rate skyrocketed to 9.62%, you might be looking for an off-ramp Read more
U.S. factory orders flat in August, as expansion in the manufacturing sector slows
Orders for manufactured goods were flat in August, the Commerce Department said Tuesday. The unchanged reading was in line with forecasts of economists surveyed by the Wall Street Journal. The Read more
What does a pivot look like? Here’s how Australia’s central bank framed a dovish surprise.
Central banks across the globe are fighting rampant inflation with aggressive interest-rate hikes, so much so that even rate increases can come across as dovish, depending on how they are Read more