The Federal Reserve held its benchmark interest rate unchanged at its March 17-18 meeting, a move that investors had widely anticipated given still-sticky inflation and a relatively stable job market.…
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Finance & Investment
Rivian, Uber stocks struggle, but robotaxi deal may change the story
by adminby adminShares of Rivian (RIVN) and Uber (UBER) have both been under pressure in recent months, as investors weigh profitability concerns and slowing growth expectations. Rivian stock has dropped more than…
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What Is Grayscale Proposing? Grayscale has filed with the US Securities and Exchange Commission to launch a spot exchange-traded fund tied to the Hyperliquid ecosystem, adding to a growing pipeline…
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Who Is Buying and How Large Is the Position? An early Ethereum wallet known as thomasg.eth has resumed accumulation, building a position worth roughly $19.5 million over the past week,…
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What Did the CFTC Clarify in Its New FAQ? Staff at the Commodity Futures Trading Commission published a set of frequently asked questions outlining how futures commission merchants and clearinghouses…
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How Did the Scam Unfold? A 66-year-old retiree in Hong Kong lost 6.6 million Hong Kong dollars, or roughly $840,000, after falling victim to three consecutive crypto investment scams, according…
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Anyone who has been around commodity markets for a long time, especially precious metals markets, know this absolutely: Prices do not rise forever. And, when the prices fall, it is…
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Finance & Investment
Buffett dividend stock to lead marine reinsurance for Gulf shipping
by adminby adminOne of billionaire investor Warren Buffett‘s biggest insurance bets just landed a role at the center of a global crisis. Chubb, the Zurich-headquartered insurance giant in which Berkshire Hathaway has…