last updated 8 November 2022 Housing stocks are under pressure from the Federal Reserve’s plan to aggressively hike interest rates as a means of killing inflation. And as a result, some of the price appreciation experienced over the past decade in U.S. housing markets – as well as in housing stocks – has begun to… Continue reading 5 Top-Rated Housing Stocks With Long-Term Growth Potential
Tether stablecoin loses its dollar peg as contagion from FTX’s collapse spreads through the crypto market
Tether briefly lost its dollar peg on Thursday after the implosion of FTX shook the confidence of the entire crypto market.Tether is the third largest cryptocurrency with a current market value of about $70 billion.The stablecoin fell to a low of $0.98 Thursday morning before recovering most of its losses. Loading Something is loading. Thanks… Continue reading Tether stablecoin loses its dollar peg as contagion from FTX’s collapse spreads through the crypto market
FTX’s Sam Bankman-Fried ignored a helping hand from the CEO of Jefferies 4 months ago as the exec tried to reach out with financial advice
Sam Bankman-Fried’s FTX is on the verge of declaring bankruptcy after a shocking collapse this week. Jefferies CEO Rich Handler said he could have helped FTX avoid its financial troubles if Bankman-Fried had taken a meeting with him months ago. Handler wrote in a July email that his firm’s expertise in rescuing financial services companies… Continue reading FTX’s Sam Bankman-Fried ignored a helping hand from the CEO of Jefferies 4 months ago as the exec tried to reach out with financial advice
European gas prices plummet 60% from summer peak as warm weather buffers storage ahead of the winter energy crisis
European gas prices have plummeted 60% from their summertime peak, according to data from Bloomberg. Warmer weather ahead of winter as well as demand destruction from soaring energy costs has helped lower demand. But while it brings some relief, households are stil feeling the pain of massive price increases. Loading Something is loading. Thanks for… Continue reading European gas prices plummet 60% from summer peak as warm weather buffers storage ahead of the winter energy crisis
US home sales will keep falling through 2023, Redfin says: ‘Housing companies are in the jungle now’
Redfin said it expects home sales to keep falling through 2023, as it laid off 13% of its workforce. US housing companies are “in the jungle” now, its CEO said, as buyer demand falters. Rising mortgage rates and high inflation are key pressures pulling down the number of home sales. Loading Something is loading. Thanks… Continue reading US home sales will keep falling through 2023, Redfin says: ‘Housing companies are in the jungle now’
‘My hands were tied’: Sam Bankman-Fried breaks his silence days after the dramatic collapse of his crypto exchange
Sam Bankman-Fried broke his silence days after his crypto exchange FTX International imploded in spectacular fashion.”The full story here is one I’m still fleshing out every detail of, but [at] a very high level, I fucked up twice,” he tweeted.Bankman-Fried attributed FTX’s collapse to higher-than-expected leverage and a waterfall of withdrawals. Loading Something is loading.… Continue reading ‘My hands were tied’: Sam Bankman-Fried breaks his silence days after the dramatic collapse of his crypto exchange
Why a stepfather was granted parenting time — and court costs — despite biological mother’s objection
Today’s modern family is not just a product of biology.
David Rosenberg: The investor’s case for Saskatchewan: It has what the world needs
Saskatchewan’s growth potential is tremendous A farmer harvests wheat on a farm in Saskatchewan. Photo by Matt Smith/Saskatoon StarPhoenix By David Rosenberg and Julia Wendling Advertisement 2 This advertisement has not loaded yet, but your article continues below. Why are we talking about the province of Saskatchewan, which accounts for less than five per cent… Continue reading David Rosenberg: The investor’s case for Saskatchewan: It has what the world needs
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