Economy
Silicon Valley Bank: Finance expert explains the impact of largest US bank failure since 2008
Silicon Valley Bank, which catered to the tech industry for three decades, collapsed on March 10, 2023, after the Santa Clara, California-based len…
Economy
Oil prices rise slightly due to ample supply and hopes for higher demand
Oil prices settled up slightly on Wednesday as signs of ample supply, including growing U.S. crude inventories, offset growing hopes for higher deman…
Economy
Alternative Investments on the Rise: Discover the Leading Sectors for 2023
With the volatility that has dominated traditional asset markets for the past two years expected to continue in 2023, institutional investors are inc…
Economy
Bitcoin surpasses $25,000 in new 2023 high
The price of Bitcoin (BTC) has reached a new 2023 high of $25,000. The milestone comes after a surge in Bitcoin's price over much of January. The…
Economy
US debt default could trigger dollar’s collapse and mangle its international reputation
It’s a case of déjà vu all over again on the debt ceiling debate. Republicans, who regained control of the House of Representatives in November 202…
Economy
The latest BP report predicts drop in fossil fuel demand
To avoid catastrophic global heating, countries need to phase out oil and gas as quickly as possible. The extraction and consumption of these fossil …
Economy
Property Insurance in USA : How to apply and what it can recover
Property insurance provides protection against most risks to property, such as fire, theft and some weather damage. This includes specialized forms o…
Economy
Insurance fraud costs nearly $1,000 for every American and $309 billion a year in total
What would you do with an extra US$932.63 in your pocket? That’s how much insurance fraud costs every American a year – $309 billion in total, acco…
Economy
Economists forecast what’s ahead in 2023
With the current U.S. inflation rate at 7.1% , interest rates rising and housing costs up, many Americans are wondering if a recession is looming. …
Economy
Binance CEO : There's no threat to crypto from central banks' plan to launch digital currencies
Plans by central banks to launch digital currencies are not a threat to other cryptocurrencies as they would validate blockchain technology and bui…
Economy
The World is Drifting Toward a Debt Crisis, But it's Not Too Late for Richer Countries to Stop it
Countries across the world are drifting towards a debt crisis . Economic slowdowns and rising inflation have increased demands on spending, making it…
Economy
Fed keeps focus on US economy as the world tilts toward a recession
The U.S. Federal Reserve holds inordinate sway over the world’s economies – yet it acts, in some ways, like they don’t really matter. Its power is …
Economy
El Salvador’s Bitcoin experiment has proven a spectacular failure
A year ago, El Salvador became the first country to make Bitcoin legal tender – alongside the US dollar, which the Central American country adopted…
Economy
The First Bitcoin ATM.. The Craving for Cryptocurrency Arrives in Honduras
The first cryptocurrency ATM opened in Honduras this week, as bitcoin backers called for spurring demand for virtual assets after neighboring El Sa…
Economy
The U.S. is holding its largest sale of oil from strategic reserves in 7 Years
The U.S. intends to sell the largest amount of strategic oil reserves since 2014, at a time when expectations for demand for fuel are declining wit…
Economy
Bitcoin soars to $50,000 for the first time since May 15
The price of the cryptocurrency Bitcoin rose to $50,000 for the first time since May 15, according to trading data. And the bitcoin currency grew d…
Economy
Debate Over Cryptocurrency Taxation Threatens To Derail $1 Trillion Infrastructure Bill In The U.S
A bid to pass a major infrastructure bill worth nearly $1 trillion has stalled in the US Senate after a fierce debate erupted over how to tax crypt…
Economy
U.S. Department of Energy Expects Oil Prices to Remain at $72 a Barrel Until November
The Energy Information Administration of the US Department of Energy expected oil prices to remain at the level of $72 a barrel until next November…
Economy
IMF Nations Approve Record $650 Billion to Boost Global Economy
Member nations approved the biggest resource injection in the International Monetary Fund’s history, with $650 billion meant to help countries deal…
