FTX Recovers $5 Billion In Assets
On Wednesday, attorneys for the defunct cryptocurrency exchange FTX told a Delaware bankruptcy court that they have located over $5 billion in assets, including both cash and virtual assets. These…
WEF Warns Of Global Economic Crisis, And Nations Competing For Resources
The World Economic Forum (WEF) has released its annual Global Risks Report ahead of its Davos summit. In the report, the WEF warns that a looming recession, combined with the…
Goldman Sachs Predicts Oil Could Rise Over $100
OilPrice.com reported that Goldman Sachs is predicting that between the reopening of the Chinese economy and strengthening of global demand, oil could be set to rise above $100 per barrel…
NATO Weapons Makers Surge In Value Off Ukraine War
On Wednesday, Russian newspaper Vedomosti reported that amid the military conflict in Ukraine, and the push to rearm in Western Europe, the biggest military and defense contractors in NATO member…
Bitcoin Surges Over $18,000
On Thursday, Bitcoin extended its recent gains for the ninth day in a row, surging over $18,000. It was the longest streak of gains for the cryptocurrency since 2020. In…
Morgan Stanley Sees US Stocks Facing Massive Drop This Year
Bloomberg News is reporting it has seen a research note by Morgan Stanley’s chief US equity strategist, Michael Wilson, which predicts US equities will experience much sharper declines than the…
Taiwan Semiconductor Manufacturing Co Profit Rises 78%
Fourth-quarter net profits for Taiwanese semiconductor manufacturer TSMC rose 78% in the company’s report released Thursday, based on strong sales of advanced chips, which allowed it to avoid being battered…
Saudi Arabia To Pivot Kingdom’s Energy Industry To Nuclear
Saudi Energy Minister Prince Abdulaziz bin Salman has announced the kingdom is planning to source uranium domestically and use it to build a thriving nuclear power industry which will allow…
Truck And Utility Of The Year Awards Go To Electric Vehicles This Year
For the first time in two years, this year’s North American Car, Truck, and Utility of the Year awards saw fit to give the top awards in two out of…
Facebook To Issue Decision On Trump Reinstatement In Coming Weeks
In an unusual turn of events, as Facebook considers reinstating former President Donald J. Trump to its platform following his suspension after the January 6th riots, the individual deciding whether…
