Food Prices, Especially Bread Soar Across The EU
As the EU witnesses record inflation sweep through every sector, staple foods are among the hardest hit, with Bread prices reaching record highs. Year over year, the price of bread…
Mark Zuckerberg Lost $71 Billion This Year
According to a new report by Bloomberg, Mark Zuckerbeg has lost $71 billion so far this year. Bloomberg noted it was the biggest decline noted among the world’s wealthiest individuals…
Gold Down Overall After A Volatile Day
As Russian President Vladimir Putin moved to call up reserve forces and escalate the conflict in Ukraine and US interest rates were hiked upward by the Fed, gold rose due…
Stocks Fall Off Recession Fears From Fed Tightening
Stocks fell during volatile trading Wednesday, after the Federal Reserve delivered an unprecedented third consecutive 75 basis point rate hike in its continuing battle against inflation in the US economy.…
Fed Hike Rates 75 Basis Points For A Third Time
Following its latest policy meeting the Federal Reserve announced its third consecutive 75 basis point interest rate hike, as it continues to battle with a stubbornly persistent inflation. The third…
Germany May See Gas Shortages If Winter Is Colder
Despite the fact Germany has managed to fill its storage facilities for natural gas to near their maximum capacity, the country’s economy minister warns that the nation may still see…
Nouriel Roubini Predicts Severe Recession At End Of 2022
Renowned economist Nouriel Roubini has issued a warning that the global economy is facing a stock market crash and a “severe recession,” at the end of the year. In an…
US DOE To Release 10 Million Barrels More From Strategic Reserve
The US Department of Energy has announced it will offer an additional 10 million barrels per day from the US Strategic Oil Reserve for sale ahead of plans by the…
Coinshares Introduces Algorithmic Trading Platform
Coinshares, the European digital asset manager, has announced it is introducing an algorithmic trading platform for retail investors. In a nod to early bitcoin contributor Hal Finney, as well as…
Beyond Meat Suspends COO For Biting Man’s Nose
Beyond Meat (BYND) announced it has suspended its Chief Operating Officer Doug Ramsey following his arrest over the weekend for a fight in which he bit his opponent’s nose. The…
