U.S. Home Prices Jumped to Record High in Second Quarter

Home prices continued to climb across nearly all the U.S. in the second quarter, when buyer demand started to fade due to higher mortgage rates but still exceeded the housing market’s unusually low su...

Peloton Laying Off 800 Employees — Here Are The Major U.S. Job Cuts As Recession Fears Grow

Peloton Interactive plans to eliminate almost 800 jobs, it said Friday — the at-home stationary bike company’s second round of job cuts this year— making it the latest major U.S. company to shed worke...

U.S. Women’s National Soccer Team Scores $24 Million Settlement And Equal Pay For Women’s And Men’s Players

Topline A California federal judge preliminarily approved the $24 million equal pay settlement between the U.S. Women’s National Team and the U.S. Soccer Federation, helping close an over 5-year-long ...

Novak Djokovic Withdraws From Cincinnati, But There Remains Hope He Could Play The U.S. Open

NEW YORK, NEW YORK – AUGUST 28: Novak Djokovic of Serbia returns a shot during his Men’s Singles … [+] second round match against Juan Ignacio Londero of Argentina on day three of th...

Suspected Tornado Cash Dev Detained After U.S. Ban

The Fiscal Information and Investigation Service (FIOD) of the Netherland announced that it has arrested the suspected developer of the Tornado Cash. Recently, a U.S agency launched sanctions over the...

Several Large Chinese-Owned Companies Announce Plans To Delist From NYSE

Topline In an apparently coordinated action, at least four major state-owned Chinese companies said Friday they intend to delist their stocks in the U.S., as Beijing appears unwilling to bend to incre...

Nancy Pelosi’s Visit To Taiwan, AMTD Digital’s IPO, Crypto And More: Forbes AI Newsletter

Getty Images TL;DR AMTD Digital soared over 30,000% in just three weeks since their IPO, from $7.80 to $2,555 per share. Nancy Pelosi visits Taiwan, exacerbating tensions between the U.S. and China an...

Google Searches For Extreme Weather Events Peaked This Summer As U.S. Battled Floods And Heatwaves

Topline Online search interest in phrases like “heat wave” hit an all-time peak this summer as record-breaking high temperatures and extreme weather events across the U.S. are increasingly drawing pub...

What Industries Do Well In An L-Shaped Recession?

Getty Images Key takeaways Credit Suisse analyst Zoltan Pozsar sees the U.S. economy diving into an L-shaped recession before inflation eases An L-shaped recession occurs when the economy plunges and ...

China’s ‘Zero-Covid’ Fiasco Will Give Dollar Rally New Life

The dollar remains an oasis of stability in a world of volatility. getty People betting that the U.S. dollar’s slide will continue might want to pay more attention to what’s afoot in Asia. Or, perhaps...

U.S Supreme Court Rejects Coinbase’s Appeal Over Arbitration

10 hours ago | 2 mins read Exchange News The cryptocurrency exchange requested a stay of proceedings until dispute is resolved. The defendant has requested the court to not reject the intervention ple...

Has the U.S. Dollar Index (DXY) Completed Its Uptrend?

After months of upward movement, the U.S. dollar index (DXY) may have peaked and initiated a downtrend. In early August, the DXY broke down from its long-term, exponential upward curve, while yesterda...

CDC eases guidance as U.S. has more tools to fight the virus

A sign outside of a hospital advertises COVID-19 testing on November 19, 2021 in New York City. On Friday vaccine advisers to the US Centers for Disease Control (CDC) and Prevention voted unanimously ...

Covid Split U.S. Along Political Lines More Than Other Countries, Poll Finds

Topline The U.S. is one of the most divided countries when it comes to attitudes about the Covid-19 pandemic, according to a new Pew Research Center poll published Thursday, underscoring the political...

The Great Real Estate Tumble Of 2022

“A 1970s Type of Housing Market is Possible in Future” We now have a “Triple Whammy” in 2022. In addition to the stock & bond market’s volatile woes, housing just delivered it’s worst two month hi...

Billionaire Robert Brockman, Accused of Biggest Tax Fraud in U.S. History, Dies at 81

When Robert Brockman, one of the richest people in the country, was visiting his company’s offices near Dayton, Ohio, he stayed at budget motels and ate frozen dinners in his room, a former employee r...

U.S. Postal Service to temporarily hike prices for holiday season

A United States Postal Service (USPS) worker exits a Grumman Long Life Vehicle. Paul Weaver | SOPA Images | Lightrocket | Getty Images The U.S. Postal Service filed a notice Wednesday of a temporary p...

Serena Williams Loses In Emotional Toronto Send-Off, Looks Ahead To Cincinnati, U.S. Open

TORONTO, ONTARIO – AUGUST 10: Serena Williams of the United States and Belinda Bencic of Switzerland … [+] embrace at the net after their second round match on Day 5 of the National Bank O...

TORN price sinks 45% after U.S. Treasury sanctions Tornado Cash — Rebound ahead?

Tornado Cash (TORN) has lost almost half its market valuation two days after being slapped with sanctions by the U.S. Treasury Department. The department accused Tornado Cash, a crypto mixer platform,...

U.S Court Denies Coinbase Appeal to Pause Lawsuits 

– Advertisement – U.S Top Court Rejects Coinbase Request to Pause Lawsuits. The United States High Court has denied cryptocurrency exchange Coinbase’s appeal to suspend litigations in two ...

The New Corporate Minimum Tax In Congress’ Climate Legislation Is A Bad Idea

WASHINGTON, DC – Sen. Joe Manchin (D-WV) leaves the Senate Chamber with Sen. Kyrsten Sinema (D-AZ) … [+] following a vote in the Senate at the U.S. Capitol Building on Wednesday, Nov. 3, 2...

Crypto Market Reacts Positively Amid Reduced U.S Inflation Rate

3 hours ago | 2 mins read Bitcoin News Compared to June, the annual rate of inflation reduced marginally to 8.5%. Bitcoin is trading at $24,003 with a 4% increase in the last 24 hours. After a long pe...

Iran Just Concluded First Official Forieng Trade Using Crypto; Should U.S. Worry?

Iran’s foreign trade embargo is adversely affecting the Middle Eastern country’s economy. The ban has paralyzed the country for over 4 decades, as it actively explores avenues to circumvent it. Iran j...

Demand for chips is collapsing just as Joe Biden signs bill to jump-start more U.S. chipmaking

U.S. President Joe Biden signed the CHIPS and Science Act on Tuesday, ending an almost yearlong saga to spend $52 billion to attract chip manufacturing back to the U.S. Surrounded by members of Congre...

U.S. Inflation Slowed to 8.5% in July, CPI Report Shows; Bitcoin Jumps

“The Fed will be cheered by the news, especially the fact that core inflation was also lower than expected,” said Richard Carter, head of fixed interest research at Quilter Cheviot, a UK-b...

Bitcoin Rallies as U.S. Inflation Cools to 8.5%

Key Takeaways The U.S. Consumer Price Index data for July has come at 8.5%, 20 basis points lower than economists’ expectations. The cooling suggests inflation may have peaked in June, meaning t...

Evolving Oil And Gas Shale Boom Appears Poised For M&A Surge

Oil Pump Unit Pumping in the Eagle Ford in South Texas getty “Scale equals relevance” is a prevailing theme in the U.S. oil and gas shale world currently, and Devon EnergyDVN gained scale in the Eagle...

U.S. Treasury Bans Tornado Cash Citing Links to Lazarus Hacking Group – crypto.news

Recent reports indicate that the U.S. treasury added several Tornado Cash Ethereum addresses to OFAC’s SDN list. According to reports, Lazarus hackers used the listed addresses in Axie Infinity’s hack...

How Much U.S. Money Did Departing Afghan Officials Steal? How Much Cash Fits On A Helicopter?

Ashraf Ghani casts his ballot in the 2014 Afghanistan elections. (Photo by Scott Peterson/Getty Images) Getty Images When President Ashraf Ghani and his top aides fled Afghanistan on a fleet of four h...

Pandemic’s Impact On China’s Economy Is Only Short Term, U.S. Ambassador Says

Ambassador Qin Gang at the Fourth U.S.-China Business Forum. China’s Embassy to the U.S. The impact of the Covid-19 pandemic on China’s economy is only short-term, China Ambassador to the U.S. Q...

Iran Dabbles In Crypto For Cross-Border Trade, In Effort To Bypass Sanctions

Crypto-currency coins including Bitcoin, Ethereum, Dogecoin and Cardano, getty Iran has begun using crypto-currencies to settle cross-border trade deals, as the country continues to look for ways to a...

Bitmex Head Of BD Pleads Guilty In U.S. Court

United States Attorney for the Southern District of New York, Damian Williams divulged in a press release on Monday, that Gregory Dwyer, one of the top employees at crypto derivative exchange Bitmex p...