Dow tumbles 475 points, S&P 500 suffers worst day since January as inflation woes erupt
Stocks sold off Friday as inflation and geopolitical worries once again dented investor sentiment on Wall Street. A broad decline in major bank shares also weighed on the market. The Dow Jones Industrial Average slid 475.84 points, or 1.24%, closing at 37,983.24. The S&P
Trump Media director accused of ‘hacking’ files in attempted corporate ‘coup’, lawsuit alleges
Investment firms led by the former CEO of the SPAC that merged with Donald Trump’s media company allege that their files were hacked and stolen by a current member of the media company’s board of directors. In a federal civil lawsuit filed in South
The economy, and inflation, are revving up at a terrible time for Biden
The booming economy is exacerbating a key vulnerability for President Biden heading into the height of campaign season, as inflation and interest rates could remain higher until deep into the final weeks of the presidential election. Fresh data this week shows
Mike Pence pushes a post-Trump path for conservatives and GOP
Mike Pence became vice president by bearing witness to Donald Trump — the thrice-married, six-times bankrupt, once “very pro-choice” real estate promoter — as “a good man” who would “make a great president” for religious and conservative voters. “I’m a Christian,
Biden says the 2024 race is binary. Millions don’t see it that way.
For months, President Biden’s campaign aides have dismissed concerns about his sagging approval ratings by asserting that once the 2024 race becomes a clear binary choice between the president and his Republican rival, voters would decidedly reject Donald Trump and
Concerns Raised Over China’s Influence on US Bitcoin Mining Infrastructure
Amidst growing concerns about national security and infrastructure vulnerabilities, China’s role in the cryptocurrency sphere has become a focal point of discussion. Historically, the U.S. has taken firm actions against perceived threats from Chinese technology companies such as Huawei and TikTok. The
Cryptocurrency Prices Dump As Middle Eastern Tensions Trigger Risk-off Panic – Here’s The Latest
Cryptocurrency prices dumped on Friday as rising Middle Eastern tensions triggered risk-off panic selling across financial markets, with Bitcoin (BTC) losing 5% in the past 24 hours to fall under $67,000, and Ether (ETH) dropping 9% to the $3,200 area. Israel
Robert Kiyosaki Says No to Spot Bitcoin ETF Investments
On April 12, Robert Kiyosaki, the renowned author of “Rich Dad, Poor Dad,” expressed his lack of interest in investing in spot Bitcoin exchange-traded funds (ETFs) and any other “Wall Street financial products.” The New York Times best-selling author, who has
Australian Crypto Mining Companies Collapse into Liquidation Owing 450 Investors
The Australian Securities and Investments Commission (ASIC) has received a nod from a Federal Court to appoint receivers for digital assets held by a group of collapsed crypto mining companies and their sole owners. ASIC Takes Action Against Collapsed Crypto Mining
XRP Price Prediction Amid 11% Dump to $0.54 – Recovery to $1 Incoming?
The XRP (XRP) price came under heavy selling pressure on Friday, dumping 11% to $0.54 amid a crash in altcoin markets due to rising concerns about a potential US/Israel versus Iran war. Israel is braced from a counterattack from Iran after