By: Andrew Moran It might be summer in the city, but Old Man Winter may have come to the cryptocurrency industry a little prematurely. It was a wild June 22 trading session for bitcoin and its crypto brethren as prices cratered to multi-month lows. Market analysts fear that thrills and chills have infected digital currencies, triggered by […]
Money
Janet Yellen to Congress: Raise the debt ceiling to avoid financial uncertainty
It is deja vu all over again. Treasury Secretary Janet Yellen warned Congress that if lawmakers do not raise or suspend the federal debt limit as soon as possible, the United States could face a significant risk of default in August. Gee. Where have the American people heard this before? Oh, yeah: From every single […]
REPORT: John McAfee, facing extradition on tax evasion charges, dead in apparent suicide
Wow. This came out of nowhere. John McAfee, the antivirus software tycoon, reportedly committed suicide in a Spanish jail cell on Wednesday night. This comes after it was reported that he would be extradited to the United States to face federal charges on tax evasion. He was arrested in October and waited for his extradition. […]
Is the Federal Reserve, White House trying to destroy the U.S. dollar?
By: Andrew Moran The Federal Reserve has ostensibly embraced the mantra of “records are made to be broken.” For the first time in its century-old history, the United States central bank’s balance sheet exceeded $8 trillion after more than a year of unprecedented and ultra-aggressive emergency measures to cushion the blow of the coronavirus-induced financial crisis. How […]
REPORT: 2.7% of Americans leaving their jobs in post-pandemic economy
Is the United States economy that good that Americans are quitting their jobs at record rates? Or perhaps the coronavirus pandemic realized that life is short and that it is time to enjoy our brief existence on this planet. Whatever the case, according to The Wall Street Journal, the share of U.S. workers leaving their […]