A collapse of the Tether stablecoin would be crypto’s “Lehman Brothers moment,” according to an analyst from GlobalBlock. Following Terra’s collapse, the $81 billion Tether stablecoin began to deviate from its $1 peg.”I am optimistic that [Terra’s] fall would not be that catastrophic — a collapse of [Tether] would be though,” GlobalBlock said. Loading Something is… Continue reading A collapse of Tether could be crypto’s ‘Lehman Brother’s moment’ as the world’s top stablecoin begins to wobble and major tokens plummet, analyst says
US stocks fall as broad sell-off continues after fresh inflation print
US stocks continued to turn lower Thursday, as investors take in fresh inflation data. On Thursday, the government reported a Producer Price Index about 11% higher than April last year. Bitcoin, ether, cardano and other cryptocurrencies continued to turn lower Thursday, as the crypto bloodbath continues. Loading Something is loading. US stocks continued to trade… Continue reading US stocks fall as broad sell-off continues after fresh inflation print
In These Cities, Single Men Can Afford a Home, but Women Can’t
Housing is expensive in many U.S. cities, but it’s especially out of reach for single women. Housing is expensive in many U.S. cities, but it’s especially out of reach for single women. Being single is expensive. Single people pay more in taxes, receive less Social Security, and have just one income to cover expenses like… Continue reading In These Cities, Single Men Can Afford a Home, but Women Can’t
Google Just Announced Three Phones, a Watch, Earbuds and a Tablet
Ever since the launch of Pixel in 2016, Google has been refocusing efforts on hardware and making some great smartphones. Namely, with the Pixel 6 and 6 Pro last Fall — offering very competitive pricing for a flagship experience. And now, Google I/O 2022 is underway. The annual developer conference is the technology giant’s chance… Continue reading Google Just Announced Three Phones, a Watch, Earbuds and a Tablet
Rosenberg: Alberta’s economic turnaround is the real deal, and it’s about more than just energy
Alberta has taken strides to both diversify its economy and pivot its traditional fossil fuel-based energy sector Publishing date: May 11, 2022 • 6 hours ago • 5 minute read • 6 Comments The Rocky Mountains behind the skyline in Calgary, Alta. Photo by Lyle Aspinall/Postmedia Network files By David Rosenberg, Julia Wendling and Alena Neiland… Continue reading Rosenberg: Alberta’s economic turnaround is the real deal, and it’s about more than just energy
Coinbase Brings Another Cryptocurrency Risk to Light | Kiplinger
cryptocurrency Coinbase Global CEO tries to calm users after a recent filing said they could lose access to their cryptocurrencies if the company entered bankruptcy proceedings.A precipitous plunge in Coinbase Global (COIN, $72.99) stock is suddenly more than just a concern to current shareholders. That’s because the cryptocurrency exchange operator just warned its users that,… Continue reading Coinbase Brings Another Cryptocurrency Risk to Light | Kiplinger
Stock Market Today: Stocks Try to Find Their Legs Ahead of CPI Report | Kiplinger
Wall Street searched for stability Tuesday, with a couple of the major indexes able to muster some gains ahead of a vital inflation reading tomorrow. The 10-year Treasury note, after touching 3.2% yesterday, pulled back below the 3% threshold to as low as 2.94%. This retreat in interest rates removed some pressure from growthier stocks… Continue reading Stock Market Today: Stocks Try to Find Their Legs Ahead of CPI Report | Kiplinger
The stock market will fall another 25% if job growth slows and an economic recession materializes, DataTrek says
An economic recession would send the S&P 500 another 25% lower to 3,000, according to DataTrek Research. DataTrek believes the Fed is trying to drive a slowdown in job growth to contain rising inflation.Slowing job growth could cascade into a recession, but for now the S&P 500 is proving resilient. Loading Something is loading. The stock… Continue reading The stock market will fall another 25% if job growth slows and an economic recession materializes, DataTrek says
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