Short selling giant Jim Chanos is still pretty bearish on a number of stocks including Coinbase and Tesla, he said on Thursday. In a Twitter Spaces conversation, Chanos was asked about the FTX fiasco ...
Tag: Money
The Dumb Money Driving The Plant-Based Meat Boom
In an exclusive excerpt from Raw Deal, investors see companies like Beyond Meat and Impossible Foods as a way to help save the planet. The problem is, they also want to get rich. Instead, they may die...
Where Does the Fed Get Money to Pay Interest to Banks?
why does the fed pay interest to banks The Federal Reserve is the central banking system in the United States. There are 12 Reserve banks that offer services to commercial banks, including lending and...
Treasury Bills Are In Demand at Auction on Thursday
Text size The Federal Open Market Committee is set to gather on Dec. 13 and 14 to weigh another increase in short-term interest rates. Stefani Reynolds / AFP via Getty Images Treasury bills garnered c...
Big Money Is Stacking These Cryptos: SmarterWorx (ARTX), Gate (GT), And Huobi (HT)
Investors don’t just spend their money on things without thinking about what they are spending it on. Therefore, the flow of liquidity into a project frequently indicates that the project is reliable....
Banksy Sells Rare Rat Prints To Raise Money For Ukraine
Topline Banksy is selling off a series of rare screen prints to raise money for an organization helping civilians affected by the war in Ukraine, where last month murals by the pseudonymous street art...
Queen Latifah – worth an estimated $70 million – got this money savings advice from her mom. Pros say more of us should follow it, too: ‘The best part is it scales the more you make.’
BEVERLY HILLS, CALIFORNIA – OCTOBER 22: Queen Latifah attends TheGrio Awards 2022 at The Beverly Hilton on October 22, 2022 in Beverly Hills, California. (Photo by JC Olivera/Getty Images) Getty Image...
How do crypto hardware wallet firms make money?
The hardware wallet industry has emerged as one of the most resilient sectors to the ongoing cryptocurrency winter, with issues like the FTX crash bringing in even more cold wallet sales. The bear mar...
Crypto’s ‘Easy Money’ Scams Need Tougher Oversight – ECB Board Member
In a speech this week, European Central Bank board member Fabio Panetta called for broader taxation on crypto assets, which he likened to a Ponzi scheme. “The EU should introduce a tax levied on cros...
Shiba Price Prediction: SHIB is Missing Money Inflow in the Market, Bearish Opportunity?
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JPMorgan looks at ‘Armageddon scenario’ of Fed jacking rates up to 6.5%. Its conclusion may come as a surprise.
The market’s expectation is that the Federal Reserve will keep lifting its policy interest rate until it brings it to 5% before pausing for some time. But it’s possible that the Fed could decide that ...
Strike Launches Bitcoin Lightning Network-Enabled Money Transfers to Africa – Fintech Bitcoin News
United States-based users of Strike, a digital payments platform built on Bitcoin’s Lightning Network, can now transfer funds instantly and at a low cost to Kenya, Ghana, and Nigeria via the recently ...
RankerDao Launches NFT Badges, Allowing Users To Earn Money In a Bear Market
A new intersection of gaming & crypto is getting momentum across the world, where gamers are now finally rewarded for their skills. The success of Axie Infinity & emergence of Games has shown...
Three Crypto Stocks You Shouldn’t Overlook if You’re Looking For More Money— Ethereum, ApeCoin, and Big Eyes Coin
The cryptocurrency industry has continuously developed new revenue streams since Bitcoin (BTC) was first introduced in 2009. Non-fungible tokens (NFTs), staking rewards, community rewards, and a varie...
Jamie Dimon Predicts a Recession. M2 Money Supply Helps Make the Case.
JPMorgan Chase CEO Jamie Dimon raised concerns about the economy sliding into a recession yet again on Tuesday. While the U.S. economy continues to be the strongest globally, rising interest rates and...
Cryptocurrency investor losses are being turned into IRS gains — here’s how they’re doing it
The Internal Revenue Service has been turning up its scrutiny on cryptocurrency investors in recent years, and as that happens, more investors have been turning to the tax code’s rules on investment l...
Analysts say investors can still save money by dropping Solana…
Ethereum and Solana are two of the world’s most popular cryptocurrencies. In 2021 both hit all-time highs but had since decreased exponentially during the start of the 2022 bear market. While th...
Chainlink ‘Smart Money’ Might Be Pulling LINK Tokens Off Exchanges to Stake Them
Nansen considers a wallet to be “smart money” if it is “historically profitable,” meaning it meets at least one of several conditions, including: making at least $100,000 by pr...
LeBron James — now worth an estimated $1 billion — learned this simple lesson about saving money early in life. Pros say far more of us need to learn it too.
Lebron James Getty Images Basketball star and businessman LeBron James is now worth an estimatd $1 billion, according to Forbes, but the Ohio-native didn’t grow up wealthy and his family struggled to ...
This one great idea can make everyone better with money, older Americans say
Surveys regularly show that older Americans have regrets about lots of things — working too much, choosing the wrong partner, not taking care of their health, etc. There are often financial regrets to...
Republicans Are Guilty Of Helping Biden Spend Massive Amounts Of Money
GOP congressional candidates campaigned hard against Uncle Sam’s massive, wasteful spending. Well, as this episode of What’s Ahead sadly points out, it’s easier to preach against overeating than to ac...
Bankman-Fried Used “Stolen Customer Money,” Experts Say
Sam Bankman-Fried has gone on a damage-control tour as the impact if his collapsed FTX Group crypto empire mushrooms. Against the advice of his lawyers, the former CEO spoke with the New York Times an...
Coinbase CEO Brian Armstrong Says Sam Bankman-Fried Used Stolen Customer Money for Hedge Fund Trading
Coinbase chief Brian Armstrong says that former FTX CEO Sam Bankman-Fried was using stolen customer money to fund his trading firm Alameda Research. While Bankman-Fried continues to deny knowingly com...
1 in 4 Americans made this money move this year, and it has Suze Orman “worried” — but for some of you, it’s actually a lucrative move
Suze Orman Getty Images Finance guru Suze Orman isn’t shy about sharing her distaste for credit cards. In a blog post earlier this year, she wrote that more than a quarter of Americans surveyed said t...
Did New York’s Gas Tax Holiday Save Consumers Money?
NEW YORK, NEW YORK – JUNE 01: A man fills his car up with gas at a Brooklyn station on June 01, 2022 … [+] in New York City. Effective starting today, New York is suspending its gas tax fo...
Ethereum Rival Fantom (FTM) Up 31% After It Was Revealed How Much Money It Has
Gamza Khanzadaev Fantom (FTM) ends week as most profitable top 100 crypto, here’s why it surged big Fantom’s native blockchain token, FTM, is up 31% and continues to rise for the week. The...
How Morgan Stanley (MS) Makes Its Money
Morgan Stanley shares a name, or part of a name, with JPMorgan Chase & Co. (JPM) and it is not a coincidence. The “Morgan” in Morgan Stanley is J.P. Morgan’s grandson. The company was founded by H...
Former FTX US Head Is Raising Money for Crypto Startup
(Bloomberg) — Former FTX US President Brett Harrison is raising money for a crypto startup, according to people familiar with the matter. Most Read from Bloomberg Harrison has been seeking fundi...
T. Rowe Price Has Had a Rough Time of Late. Negativity in the Money Manager’s Stock Could Be Overdone.
Money manager T. Rowe Price Group has fallen way out of favor on Wall Street. There are 15 analysts covering the stock, according to FactSet. None say to buy. More say to sell than hold. That’s approa...