News

Bitcoin retraces after touching $64k, stays above $60k

James Hydzik

1 March 2024 - 15:49

After breaking the $60,000 level, Bitcoin reached a maximum of over $64,000, and retraced and found support at $60,000. What’s next, and what was the U.S. government doing by moving around almost $1 billion in BTC?

Gazprom: the former Russian giant is on the verge of collapse

admin

1 March 2024 - 15:00

The business of Gazprom, the government-controlled Russian multinational active in the energy-mining sector, will never be the same again.

Warren Buffett doesn’t believe in electric industries. Why?

admin

1 March 2024 - 13:00

Berkshire Hathaway’s investor letter this year should be a warning to electric utility investors.

India boasts massive GDP growth but economic hardships remain

L. R.

1 March 2024 - 12:30

India is the fastest-growing major economy in the world, with GDP growth breaking expectations. However, not all that glitters is gold.

PCE, unemployment, and savings show the Fed won’t cut rates so soon

L. R.

29 February 2024 - 21:00

A new swath of economic data proves the Fed is unlikely to cut interest rates early. However, the question of when remains.