How ‘duration risk’ came back to bite SVB and led to rapid collapse

Following the fall of Silicon Valley Bank, a lot of terms are being thrown around on CNBC and elsewhere in discussions about what went wrong. One key term is “duration risk” along the yiel...

Silvergate and SVB bite the dust: Law Decoded, March 6–13.

Last week, another major quake shook crypto markets. Silvergate Bank — a crypto-fiat gateway network for financial institutions and a significant on-ramp for cryptocurrencies in the United States — sh...

Buterin Warns Against Investing in Shitcoins Like BITE

Ethereum co-founder Vitalik Buterin says BITE is a [expletive]coin. Vitalik Buterin says [expletive]coins have no redeeming cultural or moral value. According to Buterin, investors in BITE will probab...

Vitalik Buterin chastises BITE, other shitcoins for having no ‘redeeming cultural or moral value’

Ad Ethereum co-founder Vitalik Buterin warned the crypto community about BITE and other unnamed assets being discussed on the r/Testingtesting62831 subreddit group. A look at the subreddit showed that...

The 6% CD has arrived.  Should you bite?

Getty Images/iStockphoto Thanks to rapidly rising interest rates, many reputable banks and credit unions are now offering certificates of deposit with impressive rates above 4%. And in at least two ca...

Do The Top Tech Stocks Still Have Bite In 2023?

getty Key takeaways Most tech stocks faced severe challenges in 2022, including supply chain bottlenecks, closing factories and decreased demand due to inflation Companies like Tesla and Netflix exper...

Ghosting your job candidates? You better watch out — it might come back to bite you later.

If you’re in the process of hiring new workers, be wary of ghosting your candidates. The Conference Board surveyed more than 1,100 workers to weigh in on their job hunting preferences, hiring practice...

Romanian authorities take a bite out of Andrew Tate’s bitcoin stash

Infamous British-American social media influencer and five-time world kickboxing champion Andrew Tate is still making headlines following his arrest in Bucharest, Romania in December 2022.  Accused of...

These 2 banks are now offering $2,000 cash when you sign up for their checking accounts. Should you bite?

Moving your money into the right checking account can earn an APY that’s 15x the industry average. Getty Images/iStockphoto Flashy bank account sign-up bonuses are becoming harder to ignore. Citi and ...

‘Best in 15 years.’ This investment is now offering a guaranteed return of up to 4.78%. Should you bite?

Is a certificate of deposit right for you?. Getty Images Certificates of deposit (CDs) let you deposit your money for a predetermined amount of time at a fixed interest rate and collect your earnings ...

CryptoZoo scam rumors bite Logan Paul

The CryptoZoo saga continues as Logan Paul faces legal charges despite apologizing and proposing a $1.3 million refund. Logan Paul apologizes to CryptoZoo community and CoffeeZilla. After facing sever...

Take cover as M2 growth hits zero and monetary lags bite back

Throughout this year, the Jerome Powell-led Fed has pushed rates higher at an unprecedented pace. Of course, the panic among policymakers to tighten monetary policy is itself largely a product of the ...

The Dallas Fed just said US home prices could plunge another 20%. Should I wait for the bottom to buy a house or bite the bullet now?

The Dallas Fed just said US home prices could plunge another 20%. Should I wait for the bottom to buy a house or bite the bullet now? Buying your first home involves a certain amount of strategy. Tryi...

Goldman Says Commodities Will Gain 43% in 2023 as Supply Shortages Bite

(Bloomberg) — Commodities will be the best-performing asset class once again in 2023, handing investors returns of more than 40%, according to Goldman Sachs Group Inc. Most Read from Bloomberg T...

Top Crypto Hedge Funds Tested by 2022 Bear Market Bite

Several significant crypto hedge funds and traditional hedge funds with crypto exposure have either collapsed or barely escaped in 2022. Crypto price declines have tested the risk tolerances of these ...

FAANG Stocks Can Bite You In Bear Markets

The FAANG stocks just hammered their loyal, “never sell-em!” investors. The legends of the NasdaqNDAQ Composite (Facebook/Meta Platforms, AmazonAMZN , AppleAAPL , NetflixNFLX , GoogleGOOG ) led global...

Here’s How Big Tech Stocks Have Performed In 2022 As FAANG Softens Its Bite

Topline Several major technology stocks crashed this week as a flurry of lousy earnings came out, as typically high-growth shares of the West Coast titans are vastly underperforming the market. ItR...

Apple Takes Bite Out of App Store NFTs in Hunt For Revenue

Apple has restricted App Store apps to basic NFTs which don’t unlock content or additional functionality Showcasing NFTs is still allowed but external links are prohibited, considered a move to gather...

Russia Turns To Stablecoins In Droves As Sanctions Bite Even Harder ⋆ ZyCrypto

Advertisement &nbsp &nbsp Russians have hopped on stablecoins to circumvent Western sanctions to send trading volumes to new highs. The decision by SWIFT to kick out Russian b...

Retail Sales Flat, But External Factors May Take A Bite Out Of Holiday

Retail sales remained flat from August to September but external factors may impact spending this … [+] holiday season (Photo by Spencer Platt/Getty Images). Getty Images Retail sales remained f...

Beyond Meat exec Doug Ramsey out after nose bite arrest

Douglas Ramsey Source: Washington County, Arkansas Beyond Meat Chief Operating Officer Doug Ramsey, who had been suspended following an arrest for assault, has left the company. Ramsey left the compan...

I’m Over Age 72. How Do I Avoid the RMD Tax Bite?

Steven Jarvis, CPA I’m over age 72. What can I do about avoiding the required minimum distribution (RMD) tax bite? I have a steady stream of other income. -Bernie Tax-deferred accounts, such as ...

Cineworld Confirms Bankruptcy Rumors As Financial Woes Bite

Topline Beleaguered cinema giant Cineworld, the world’s second biggest movie theater chain and owner of Regal Cinemas, confirmed on Monday it is considering filing for bankruptcy in the U.S. as it str...

Germany Risks a Factory Exodus as Energy Prices Bite Hard

(Bloomberg) — Europe’s industrial heartland faces a potential exodus as manufacturers of German car parts, chemicals and steel struggle to absorb power prices that rocket to new highs almost eve...

Many Bored Ape NFTs Are in Danger of Getting Liquidated as Borrowed Money Comes Back to Bite

Some of the issue lies in the mechanics of NFT trading, where floor prices will adjust as ETH’s price fluctuates against the U.S. dollar. Despite ETH’s climb from $1,000 to nearly $2,000 in the past m...

More Bite Than Bark – Another Price Jump Around The Corner?

Shiba Inu (SHIB), dubbed to be the second largest dog meme coin, is nearing a breach as claimed by analysts.         Shiba Inu provided roughly 50% to holders last week; outstripping major cryptocurre...

Dow Jones Futures: Market Rally Retreats, BBBY Stock Dives On This; Time To Bite Into Apple Stock?

Dow Jones futures fell slightly overnight, along with S&P 500 futures and Nasdaq futures, with Cisco earnings and BBBY stock news in focus. X The stock market rally pulled back Wednesday amid key ...

Bitcoin Miner Bitfarms Posts $142M Loss in Q2 as Rising Energy Prices Bite

Publicly traded Bitcoin mining company Bitfarms saw a $142 million net loss in the second quarter, the company reported today. During the quarter, Quebec-based Bitfarms sold 3,357 Bitcoin for $69.3 mi...

A Quick Bite for Tiffany’s NFT Drop – Raises 12.5 Million Instantly

Tiffany and Co. sold 250 pieces in less than 20 minutes. The average price of an NFT is set as 30ETH by Tiffany and Co. Tiffany and Co. became the latest and biggest brand to enter the NFT industry wi...

Apple Earnings Day Is Here. The Dollar and Inflation Could Bite.

Text size Apple is more exposed to the consumer economy than other tech hardware companies. Photo by DANIEL SLIM/AFP via Getty Images Apple will report June quarter earnings late Thursday, and CEO Tim...

UK faces a summer of strikes as historic inflation and falling real wages bite

LONDON, ENGLAND – JUNE 25: A view of the crowd at the RMT strike rally at Kings cross station on June 25, 2022 in London, United Kingdom. The biggest rail strikes in 30 years started on Monday n...

Supermarkets Announce Discounted Meal Deals As Cost Of Living Crisis Continues To Bite

Major grocery retailers have been announcing discounts and offers as part of a government campaign … [+] to help consumers. Asda launched a Kids Eat for £1 offer. Any young person up to the age ...