Economics

Federal Reserve Hikes Rate by 50bps, FOMC Signals Rate to Rise to 5.1% Next Year

The U.S. central bank’s Federal Open Market Committee (FOMC)… More…

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Balaji Srinivasan Says FTX Is a Preview of State Failure, USD Bank Accounts Could Be Frozen or Inflated to Worthlessness

Angel investor Balaji Srinivasan says the collapse of crypto exchange… More…

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Elon Musk: Recession Will Be Greatly Amplified if the Fed Raises Rates Next Week

Billionaire Elon Musk, the CEO of Tesla and Spacex, has warned that… More…

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Robert Kiyosaki Expects Bitcoin Investors to Get Richer When Fed Pivots, Prints Trillions of Dollars

The famous author of the best-selling book Rich Dad Poor Dad, Robert… More…

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Remittances to Low and Middle Income Countries in 2022 Up by 5% to $626 Billion — Latest World Bank Report

Despite the headwinds that have dominated the year, remittances … More…

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‘Big Short’ Investor Michael Burry Warns of Extended Multi-Year Recession in US

Hedge fund manager Michael Burry, famed for forecasting the 2008 … More…

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Elon Musk Warns of Severe Recession — Urges the Fed to Cut Interest Rates Immediately

Tesla CEO and Twitter boss Elon Musk has warned of a severe recession… More…

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Venezuelan Currency Plunges Almost 40% Against the US Dollar, Analysts Cite Crypto Drought as Part of the Problem

The Venezuelan fiat currency, the bolivar, has lost almost 40% in … More…

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New Naira Banknotes to Make Monetary Policy More Effective — Nigerian Central Bank Governor

The Central Bank of Nigeria governor, Godwin Emefiele, has said the… More…

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5 tips for riding out a downbeat market this holiday season

The market doesn’t look like it’s going to spike upward anytime soon.… More…

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