Gold buyers binge on biggest volumes for 55 years #business
Central banks are scooping up gold at the fastest pace since 1967, with analysts pinning China and Russia as big buyers in an indication that some nations are keen to…
Cathie Wood Has Bet Big On These 10 Stocks; Here’s How They’re Performing #business
Cathie Wood, CEO and founder of Ark Invest, says she invests on a five-year time horizon, betting big on speculative growth names such as Tesla (TSLA), Roku (ROKU), Zoom Video…
U.S. stocks higher at close of trade; Dow Jones Industrial Average up 1.05% By Investing.com #business
© Reuters U.S. stocks higher at close of trade; Dow Jones Industrial Average up 1.05% Investing.com – U.S. stocks were higher after the close on Thursday, as gains in the…
Elon Musk: Recession coming but Tesla will be ‘most valuable company on earth’ #business
A recession, stagflation, “a variant of another Great Depression”: The forecasts for the U.S. economy this year haven’t exactly been rosy—and Elon Musk has been a leading voice sounding the…
Liz Truss regime’s ‘moron premium’ still looms over UK economy #business
The damaging effects of Liz Truss’s radical economic experiment are still being felt in the UK, and particularly in the mortgage market, more than two months after she resigned as…
2022 killed the cheap money era. Here’s what the next decade has in store #business
For more than a decade after the Great Financial Crisis, central banks worldwide kept interest rates low in an effort to revive the economy. It was an era of cheap…
Over 1,400 Chinese firms operating in blockchain industry, national whitepaper shows By Cointelegraph #business
On Dec 29, the state-owned China Academy for Information and Communications Technology, or CAICT, published a document titled “2022 Blockchain Whitepaper.” According to the paper, more than 1,400 blockchain firms…
How to watch, stream 2022-2023 college football bowl games live online free without cable: CBS, ABC, ESPN #business
The end of the year is college football’s moment to shine. As the fight to appear in the college national championship game hits the final round, the sport’s other teams…
Banks are cutting loans to UK oil and gas producers, says energy industry #business
Banks are reducing loans to smaller North Sea oil and gas producers after the UK government raised and extended its windfall tax on fossil fuel companies in November, the energy…
Bitcoin Price Targets for 2023 Are In—and They Are Grim. Brace for a 50% Fall. #business
How low will Bitcoin go? After an abysmal year, analysts are making their best guesses for where the largest cryptocurrency is headed in 2023—and the price targets are mostly grim.…