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US stocks close lower to wrap up losing week as hot inflation data jolts markets

Fri, 02/24/2023 - 16:08

Tech Insider

Stock traders on the exchange trading floor. — Stock traders
Drew Angerer/Getty Images

Markets, MI Exclusive, Stock markets, Stocks, Equities Markets, Inflation, Stock Market Outlook

Nobel laureate Paul Krugman sees only a 25% chance of a US recession

Fri, 02/24/2023 - 12:38

Tech Insider : Crypto

Markets, MI Exclusive, Stocks, Paul Krugman, Nobel prize in economics, Inflation, Recession

US stocks fall after new inflation data boosts outlook the Fed will stay aggressive

Fri, 02/24/2023 - 09:45

Tech Insider

Markets, MI Exclusive, Stock Market, Equities, Equities Markets, Inflation, Federal Reserve

Crypto lost the battle to be an alternative to fiat money after FTX collapse, top economist says

Wed, 02/22/2023 - 15:53

Tech Insider : Crypto

crypto coins — (Photo illustration by Jonathan Raa/NurPhoto via Getty Images)

Agustin Carstens, the head of the Bank for International Settlements, said crypto is not a replacement for fiat currencies.

Markets, MI Exclusive, Cryptos, cryptocurrency, crypto, Ethereum, Bitcoin

US stocks might climb for weeks or months - but they're poised to plummet 50% down the line, the boss of a $2.2 billion investment fund warns

Wed, 02/22/2023 - 09:44

Tech Insider : Crypto

Phil Toews is the CEO of his namesake firm, and as a portfolio manager, he specializes in funds that use hedging to avoid wipeout losses. — Philip Toews.
Toews Corp.

Markets, MI Exclusive, Stocks, Philip Toews, Toews Asset Management, Stock Market Outlook, Stock market bubble

Bitcoin has made a 'phenomenal' comeback as it shakes off the crypto crisis, but a stubbornly strong economy puts the rally at risk

Wed, 02/22/2023 - 05:55

Tech Insider : Crypto

Markets, MI Exclusive, crypto, Bitcoin, Fed, ftx, Three Arrows Capital

FTX's collapse wiped out $200 billion in the total value of the cryptocurrency market, and it hit retail investors in emerging economies the hardest

Tue, 02/21/2023 - 10:48

Tech Insider : Crypto

A skier wearing a blue ski suit, helmet, and goggles falls flat in the snow, with a ski and pole left behind. — A tumultuous so-called crypto winter hit retail investors the hardest, according to a new report.
ViewApart/Getty Images

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Billionaire investor Ray Dalio says portfolios are like casinos - and crypto hype is overblown. Here are his 7 best quotes from a new interview.

Mon, 02/20/2023 - 11:05

Tech Insider : Crypto

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Charlie Munger torched crypto and touted BYD over Tesla. Cathie Wood, Robert Kiyosaki, and Patrick Byrne just called him out.

Mon, 02/20/2023 - 06:39

Tech Insider : Crypto

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SEC Complaint Says Do Kwon Transferred 10,000 Bitcoin From Terra to a Swiss Bank

Fri, 02/17/2023 - 10:36

Gizmodo : Economy

Do Kwon, the erstwhile CEO of Terraform Labs and its infamously unstable stablecoin Terra, now has another reason to remain on the lam. The U.S. Securities and Exchange Commission alleged he and his company transferred 10,000 bitcoin worth hundreds of millions of dollars out of the Terra/Luna project before it…

Markets, MI Exclusive, Stock markets, Stocks, Equities Markets, Inflation, Stock Market Outlook

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