(Bloomberg) — On Monday, the head of the Federal Deposit Insurance Corp. warned a gathering of bankers in Washington about a $620 billion risk lurking in the US financial system. Most Read from ...
Tag: Reckoning
Russian ruble (USD/RUB) faces moment of reckoning as war intensifies
The Russian ruble has had a rough ride since the invasion of Ukraine started in 2022. After initially soaring to a record high of 154, the USD/RUB exchange rate plunged to a low of 50.77. This 67% sur...
A Manchester United Ineos Takeover Could Hail A Multi-Club Model Reckoning
Sir James Arthur Ratcliffe waves before the French L1 football match between AS Monaco and OGC Nice … [+] at the “Louis II Stadium” in Monaco on April 20, 2022. (Photo by Valery HACH...
Embattled Nigeria naira faces a moment of reckoning
The Nigerian naira has been in the spotlight in the past few weeks amid challenges in Africa’s biggest economy. The official USD/NGN exchange rate was trading at 460 on Thursday, significantly higher ...
Russian ruble (USD/RUB) faces moment of reckoning
The USD/RUB price continued its comeback after several Fed officials turned extremely hawkish following the strong US economic numbers. It also rebounded as natural gas prices crashed to the lowest po...
BofA Says Equity Rally Faces Inflation Reckoning
(Bloomberg) — Next week’s US inflation data will mark a turning point for the equity rally at a time when investors are swapping stocks for bonds amid the specter of a recession, according to Ba...
Summers Sees ‘Tumult’ in 2023 With Reckoning for Bond Market
(Bloomberg) — Former Treasury Secretary Lawrence Summers warned that the assumption embedded in the bond market that the era of low interest rates — anchored by disinflationary pressures — is co...
Analyst Benjamin Cowen Predicts Altcoin Reckoning as One Indicator Hints at Another Leg Down
A widely followed crypto analyst is predicting a meltdown for altcoins as one key metric suggests they have much further to drop. In a new video update, crypto strategist Benjamin Cowen tells his 780,...
A reckoning is upon us. Here’s what to expect
Partygoers with unicorn masks at the Hometown Hangover Cure party in Austin, Texas. Harriet Taylor | CNBC Bill Harris, the former PayPal CEO and veteran entrepreneur, strode onto a Las Vegas stage in ...
A Reckoning for Crypto and FTX
To the Editor:I’ve been hoping for some sort of catalyst that would implode the crypto market, and it has finally happened (“The Crypto Ice Age Is Here. What’s Ahead for Bitcoin and the Stocks,” Dec. ...
FTX Chaos Prompts Reckoning on Dubai’s Embrace of Crypto Giants
(Bloomberg) — Most Read from Bloomberg On Oct. 26, days before the collapse of his crypto exchange FTX, Sam Bankman-Fried sat for lunch at an upscale Dubai restaurant, subtly testing the waters ...
Crypto’s day of reckoning has arrived
Who would’ve thought that the implosion of Terra, the collapse of Three Arrows Capital and the bankruptcies of Celsius and Voyager wouldn’t be the most terrible crypto stories of 2022? In retrospect, ...
Could Thursday Be a Day of Reckoning for Crypto Prices
Join Our Telegram channel to stay up to date on breaking news coverage Bitcoin has lost its critical psychological support of $20k in response to the FTX takeover by Binance. While the US mid-terms al...
A huge number of ‘Zombie’ companies are drowning in debt. This CEO sees a reckoning as interest rates soar
Zombies are real. Well, at least “zombie companies” are real. Loosely defined as economically unviable firms that need to borrow to stay alive, an era of cheap money and high-risk investing has fueled...
Bitcoin Mining Stocks Face Market Reckoning Amid Widespread Selloff
Markets are beginning to favor bitcoin mining stocks with the strongest balance sheets Valkyrie’s mining fund has cut its Core Scientific weight more than any other stock Markets and fund managers are...
For Bitcoin Believers Musk and Saylor, a Reckoning Looms
Billionaires Elon Musk and Michael Saylor shortly are going to be in sharp focus. The first assessments of the potential losses that their big bets on bitcoin have sustained is approaching. Through t...
The biggest corporate holder of bitcoin is facing a reckoning — Quartz
MicroStrategy is famous for owning more bitcoin than any other publicly-traded company. As of June 14, the Virginia-based business intelligence company holds 129,218 bitcoins, more than two-and-a-half...
Germany Girds for Day of Reckoning in Gas Showdown With Russia
(Bloomberg) — If the worst-case scenario for Germany hits, BMW AG, Mercedes-Benz AG and Volkswagen AG would struggle to paint their cars and the air across the country would get dirtier. Most Re...
5 Key Issues The Academy Must Debate In Reckoning With Will Smith
HOLLYWOOD, CALIFORNIA – MARCH 27: Will Smith slaps Chris Rock onstage during the 94th Annual Academy … [+] Awards at Dolby Theatre on March 27, 2022 in Hollywood, California. (Photo by Nei...
Hydrow raises millions as at-home fitness industry faces post-Covid reckoning
Hydrow, maker of a $2,500 connected rowing machine, said Thursday it has landed another $55 million in funding to fuel its growth while the at-home fitness industry undergoes a shakeout as consumers r...
Your cash savings will be crucial during a ‘dramatic reckoning’ — here’s how to crash-proof your portfolio for 2022
Rick Rule: Your cash savings will be crucial during a ‘dramatic reckoning’ — here’s how to crash-proof your portfolio for 2022 The stock market heads into 2022 at all-time highs. But...