American Shareholders Lost ~$9T Since Q4 2021, Top 10% Lost ~$8T
After more than a decade of quantitative easing and growth, U.S. shareholders’ wealth has recently shrunk by about $9 trillion.
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Three Countries Team Up With BIS to Test Cross-Border CBDCs Payments
The Bank for International Settlements is launching a project with the e-currency departments of the central banks of Israel, Norway, and Sweden.
These Are 10 Asset Management Companies With Over 20% Insider Ownership
These 10 asset management companies have over 20% insider ownership.
Bed Bath & Beyond Q2 Results Preview, Straight to The Point.
American home goods retailer Bed Bath & Beyond is scheduled to announce second-quarter results on Thursday morning,
BoE to Start Buying Bonds as IMF Warns of Britain’s Fiscal Irresponsibility
In an attempt to stabilize the markets, the Bank of England plans to buy long-dated bonds and also postpone the planned start of its gilt sale program.
Crypto.com Wins Regulatory Nod to Offer Services in France
French regulators have granted Crypto.com approval to provide digital asset services in the country.
Pantera Capital Aims to Secure $1.25B for its Second Blockchain Fund
Pantera Capital is looking to raise $1.25 billion for its second blockchain fund to invest in digital assets and equity.
Crypto Custodian Safe Airdrops SAFE Tokens to 43,000 Users
Crypto custodian Safe announced that its SAFE token airdrop is live, with more than 43,000 users qualified to claim the tokens.
Federal Child Tax Credit: Millions of Eligible Families Didn’t Get CTC, But You May Still Claim It
A recent audit by the Treasury Inspector General for the Tax Administration found that millions of eligible families didn’t receive the monthly Federal child tax credit.
The Worst Hurricanes in US History, Before and After Pictures
Hurricane Ian made landfall in South Florida, not far from the city of Fort Myers. at 2:24 PM EDT. The storm had intensified rapidly, with recorded sustained winds of 155 mph, just 2 mph…
Biggest Name Fads of the Last 40 Years
What do expectant moms and dads fight about most? According to Babycenter, a parental information site, baby-naming is a major sore point, with 50% of parents disagreeing about their future child’s name. Baby names…
California’s DFPI Targets 11 Crypto Firms Calling Them Ponzi Schemes
California’s state regulator has filed a series of complaints against 11 little-known crypto firms it says acted in a way typical of Ponzi and pyramid schemes.
Something Weird Was Going On As Bitcoin Rallied Despite Dollar’s Strength
The U.S. dollar remained exceptionally strong Tuesday versus a basket of the world’s fiat currencies, something that would typically be bad for cryptocurrency and good for stocks.
FTX Eying Celsius Immediately After Winning the Voyager Bid
Less than a day after it was announced that FTX won the bid for Voyager Digital’s assets, a report came out indicating that Sam Bankman-Fried is eying another distressed company.
Purple Innovation Goes to the Mattresses in Fight With Coliseum Over Unsolicited Bid
Purple Innovation on Monday went to the mattresses in its fight with activist Coliseum Capital and its unsolicited buyout offer.
Feds Crack $100 Million Dollar Deli Dirty Dealing Drama
The U.S. Department of Justice has indicted three men for large-scale market manipulation.
E-fuel Could Help Save The Planet While Shipping Your Boxes
Global greenhouse gas emissions attributed to marine transportation are expected to rise dramatically if nothing is done.
Federal Reserve on Fastest Rate Hiking Cycle Since the Early 1980s: Report
BlackRock analysts don’t believe in a “soft landing,” expecting a recession that would wipe out 3 million jobs.
Economists Don’t Pay Attention To The Loss Of Consumer Buying Power That Results When Irrational Exuberance Disappears
It is in the nature of irrational exuberance that it disappears in time. Stock gains that have no economic productivity behind them eventually disappear.
France’s Central Bank Governor Reveals Use-Cases of CBDC Including Tokenized Bonds
France’s Central Bank governor recently spoke about the potential use cases of wholesale central bank digital currency in the financial markets.