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Up to 40% of the US economy is set to be squeezed by tighter financial conditions as credit crunch worsens, strategist says

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MyPillow CEO Mike Lindell ordered to pay $5 million to 2020 election fraud data debunker

An arbitration panel ordered MyPillow CEO Mike Lindell to pay $5 million within 30 days to a Nevada software developer…

Wall Street’s top 4 banks wrote off $3.4 billion in bad loans from borrowers who couldn’t keep up in the first 3 months of 2023

Four of America’s biggest banks wrote off a combined $3.4 billion in loans during the first three months of 2023. …

The market is wrong to expect Fed rate cuts anytime soon, Blackstone president says

The market is wrong to expect Fed rate cuts anytime soon, Blackstone’s Jonathan Gray said. The Fed will likely pause…

EU lawmakers approve world’s first comprehensive framework for crypto regulation

Lawmakers in the European Parliament have approved the world’s first comprehensive package of rules aimed at regulating the cryptocurrency industry.…

US stocks fall after jump in jobless claims and weak corporate earnings results

US stocks fell on Thursday after weak corporate earnings results and a rise in weekly jobless claims. Tesla reported earnings…

Crypto Whales are Investing in Tamadoge as Price Pumps Ahead of Exchange Announcement – How to Buy Early?

Crypto Whales are Investing in Tamadoge as Price Pumps Ahead of Exchange Announcement – How to Buy Early? Source /…

Warren Buffett’s former deputy slams crypto and meme stocks, heralds AI’s ‘iPhone moment,’ and flags big risks to commercial real estate. Here are the 6 best quotes from her annual letter.

Warren Buffett’s ex-deputy blasts meme stocks and cryptos and welcomes a more sensible market. Tracy Britt Cool advises investors to…

Today in Crypto: SG-FORGE Reveals the EUR CoinVertible Stablecoin, Three Silvergate FTX-related Lawsuits Combined, Voyager Strikes Deal with US Government to Sell Assets to Binance.US

Today in Crypto: SG-FORGE Reveals the EUR CoinVertible Stablecoin, Three Silvergate FTX-related Lawsuits Combined, Voyager Strikes Deal with US Government…

Investors want to reduce risk in China more than anywhere else as it’s in a ‘no landing zone’ with the US, JPMorgan says

JPMorgan found that investors are looking to cut risk in China more than any other market. Beijing and Washington remain…