Tether survived another market event that saw the stablecoin briefly lose its one-to-one US dollar peg. Experts say this could lead to more clarity from the company on what assets are backing Tether. Tether is the largest stablecoin with a market cap of $80 billion. Loading Something is loading. The stablecoin shockwaves rippling through the… Continue reading Tether losing its one-to-one US dollar peg exposed its vulnerability and a way to build confidence in the stablecoin
Famed tech bull Dan Ives says investors should buy these 22 stocks to make a diversified portfolio of future winners that emerge from the ‘massive overcorrection’ that is slamming the sector
Tech stocks have been crushed this year, but analyst Dan Ives says it’s not another dot-com bust. Ives says Wall Street estimates for most tech companies won’t come down very much. He tells investors what they should buy in large cap tech, cyber security, and other key areas. Wedbush technology analyst Dan Ives wants investors… Continue reading Famed tech bull Dan Ives says investors should buy these 22 stocks to make a diversified portfolio of future winners that emerge from the ‘massive overcorrection’ that is slamming the sector
Crypto crashed this week as 2 stablecoins broke the buck. Here’s what that means, and where the market goes next.
The cryptocurrency market lost $400 billion during the week as two stablecoins lost their pegs to the US dollar. The losses threw algorithmic stablecoin TerraUSD and “traditional” stablecoin Tether into the spotlight. TerraUSD’s sister coin luna sank to a $0 value in a spectacular selloff. Loading Something is loading. The latest crypto sell-off emanating from… Continue reading Crypto crashed this week as 2 stablecoins broke the buck. Here’s what that means, and where the market goes next.
Wedding Inflation Hits Bridesmaids and Groomsmen
There’s no reason to dread getting the call from a groom or bride asking you to join the bridal party. Unless, that is, you either can’t afford or don’t want to afford the dollar outlay linked to weddings. Bridal partiers spent an average of $825 on the big event, with travel, attire, pre-wedding events, and… Continue reading Wedding Inflation Hits Bridesmaids and Groomsmen
If you think gas prices are bad, diesel is in its worst crisis since the 1970s and has even raised fears of localized rationing
While Americans are reeling from sticker shock at the gas pump, the diesel market is in its worst crisis since the 1970s, analysts say. Prices for diesel, which powers much of the country’s industry, have surged 76.5% in the last year. “The markets are telling us there’s a shortage. This is a tailwind for inflation.… Continue reading If you think gas prices are bad, diesel is in its worst crisis since the 1970s and has even raised fears of localized rationing
Crypto crashed this week as 2 stablecoins broke the buck – here’s what that means and where the market goes next
The cryptocurrency market lost $400 billion during the week as two stablecoins lost their pegs to the US dollar. The losses threw algorithmic stablecoin TerraUSD and “traditional” stablecoin Tether into the spotlight. TerraUSD’s sister coin luna sank to a $0 value in a spectacular selloff. Loading Something is loading. The latest crypto sell-off emanating from… Continue reading Crypto crashed this week as 2 stablecoins broke the buck – here’s what that means and where the market goes next
Here are the top 15 cities where home price appreciation has outpaced wages: ‘When there’s then a deviation in home prices above inflation and wages, that’s historically the sign of a bubble.’
US Markets Loading… H M S Premium Austin, TX leads the pack of biggest US housing bubbles. RYAN KYTE/Getty Images This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Real estate consultant Nicholas Gerli says the next housing crash won’t be “binary.” Instead, it’ll be mostly driven by several… Continue reading Here are the top 15 cities where home price appreciation has outpaced wages: ‘When there’s then a deviation in home prices above inflation and wages, that’s historically the sign of a bubble.’
The dollar’s dominance is here to stay as China’s zero-COVID strategy hurts the yuan, a Morgan Stanley strategist says
The dollar’s global dominance is here to stay for a “very long time,” according to a Morgan Stanley strategist. James Lord told Insider that China’s zero-COVID policy is denting the yuan’s appeal, at least in the short term. The US freeze on Russia’s currency reserves has cast doubt on the dollar’s reliability, but Lord said… Continue reading The dollar’s dominance is here to stay as China’s zero-COVID strategy hurts the yuan, a Morgan Stanley strategist says
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