A collapse in used car prices could help drive inflation below the Fed’s 2% target rate
A decline in used car prices should help drive inflation lower, according to Fundstrat’s Tom Lee. The Manheim used car…
68% of Bitcoin Supply hasn’t moved in a Year
More bitcoin is being HODLed than ever before, with a record amount of BTC sitting untouched. It’s perhaps no coincidence…
In a first, JWST detected starlight from distant galaxies with quasars
CAMBRIDGE, MASS. — For the first time, astronomers have detected starlight from distant galaxies that host extremely bright supermassive black…
Hong Kong Monetary Authority Pressures Banks Into Servicing Digital Asset Exchanges
The Financial Times reported on Thursday that the Hong Kong Monetary Authority (HKMA) is urging HSBC, Standard Chartered, and Bank…
Alibaba Names Crypto-Friendly Joseph Tsai as New Chairman
Alibaba Names Crypto-Friendly Joseph Tsai as New Chairman Image Source: CNBC Alibaba has revealed its leadership transition plans, with the…
US core inflation is still unacceptably high for the Fed – and that means more pain for the economy, strategist Jim Bianco says
US core inflation is still at an “unacceptable” level for the Federal Reserve, according to Jim Bianco. “We have not…
Trump classified documents trial date set for Aug. 14
A Florida federal judge on Tuesday scheduled the criminal trial of former President Donald Trump for his alleged illegal retention…
Excitement builds for NBA draft as projected top pick Victor Wembanyama lands in the US
CNN — Not since LeBron James was drafted 20 years ago has there been this much excitement about an NBA…
The housing market is facing an inventory shortage, and the work-from-home boom makes it worse
The US housing market is facing a lack of inventory, with Freddie Mac estimating a shortage of 3.8 million units.…
