Pacwest Stock Plummets Over 35% Following Release of Q1 Earnings Report Amidst Turmoil in Banking Industry

Following the acquisition of First Republic Bank by JPMorgan Chase, several regional banks such as Pacwest and Western Alliance experienced a significant drop in their stock prices. On Tuesday afternoon, all four major U.S. benchmark stock indexes are in decline as

Warren Buffett Likens Bitcoin to Gambling and Chain Letters in Recent Interview

Finance mogul Warren Buffett, one of the most successful investors in history, discussed bitcoin during an interview on CNBCs Squawk Box on April 12. As he has done in previous interviews, the business magnate likened bitcoin to a gambling scheme and

‘Oil Prices North of $200’ per Barrel — Investor Expects Oil to ‘Crush’ Every Investment in 2023

Amid the dreary global economy, a number of market strategists and analysts believe oil will be the number one investment in 2023. While a barrel of oil is coasting along at prices between $80.12 in $85 na enoto, Goldman Sachs analysts

Medtem ko globalne trge prestrašita Covid in jastrebska Fed, Delnice in kriptovalute so ponovno odskočile, potem ko je Musk kupil Twitter

Wall Street je v ponedeljek zjutraj trpel kot glavni ameriški indeks. borzni indeksi so se še znižali, temelji na izgubah, zbranih prejšnji teden. Poročila kažejo, da so vlagatelji zaskrbljeni zaradi prihajajočih dvigov obrestnih mer Federal Reserve in Kitajske’nedavni izbruh Covid-19. As equities floundered on

Poročilo: Fed’s Secret Repo Loans to Megabanks in 2020 Eclipsed 2008 Reševanja, Data Dump Shows $48 Trillion in Stealth Funding

Following the controversial bank bailouts and Troubled Asset Relief Program (TARP) v 2008, reports show in late 2019 in 2020, ZDA. Federal Reserve participated in providing trillions of dollars in secret repo loans to megabanks. Konec marca,…

Geopolitična tveganja in skrbi glede Ukrajine pretresajo delnice, Kriptovalute — zlato raste višje

V sredo, global markets have been volatile as Ukraine officials declared a state of emergency amid fears of a Russian invasion. Wall Street’s top indexes shuddered during the days trading sessions, and cryptocurrency markets slipped more than 4% during the 24

Fed’s Minutes Report ‘Bludgeons’ Global Markets — Stocks, Kripto, Precious Metals Slip in Value

Minutes from the U.S. Državne rezerve’s policy meeting on December 14-15 show that the central bank is being persistent about unwinding quantitive easing (QE) tactics and that it views ultra-low interest rates as no longer necessary. Global markets immediately dropped after

Proshares Bitcoin Strategy ETF Debut Captures Close to $1 Billion in Volume

The first bitcoin exchange-traded fund (ETF) launched in the United States and smashed records on Tuesday, capturing close to $1 billion in total volume. Eric Balchunas, the senior ETF analyst for Bloomberg said that the Proshares Bitcoin Strategy ETF (BITO) definitely