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News & Articles By Cassie B.
08/03/2022
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By Cassie B.
Home prices dropped at a record pace in June amid rising inflation and mortgage rates
Home prices are cooling in the U.S. thanks to a sharp drop in housing demand in June spurred by rising inflation and mortgage rates. Although home prices remain higher than they were one year ago, gains slowed down at the fastest pace seen since this metric was first recorded in the 1970s. The ongoing imbalance […]
07/24/2022
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By Cassie B.
Former Coinbase manager facing charges in first crypto insider trading case
The U.S. Attorney’s Office for the Southern District of New York announced that three people have been charged in the first cryptocurrency insider trading tipping case in the nation. A former product manager at cryptocurrency exchange platform Coinbase, Ishan Wahi, along with his brother, Nikhil Wahi and friend Sameer Ramani have been charged with wire […]
06/27/2022
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By Cassie B.
Vast majority of cryptocurrencies dropped more than 90% in recent crash
Cryptocurrencies have long been known for their volatility, but their fall in recent months has been particularly sharp, with many individual digital tokens hitting their lowest marks in two years. Overall, the sector has seen a loss of nearly $2 trillion in value since the latter part of last year. Price data compiled by CoinGoLive […]
05/24/2022
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By Cassie B.
Subprime borrowers are increasingly missing credit card and loan payments in the face of record inflation
America’s healthiest consumer lending environment on record appears to be coming to a close as consumers with low credit scores are falling behind on their payments for personal loans, credit cards and car loans in droves. The credit reporting firm Equifax reports that the share of subprime credit cards and personal loans whose payments are […]
03/25/2022
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By Cassie B.
INFLATION NATION: Record-high meat prices in the U.S. unlikely to recede, experts warn
Meat prices are expected to remain high in the U.S. for the foreseeable future, with one meat exec warning that strong demand paired with higher costs will keep consumers digging deep into their wallets to put beef on the table. The chief executive of the U.S. division of the world’s biggest meat producer, Brazil’s JBS […]
03/17/2022
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By Cassie B.
US move against Russian gold reserves may signal impending monetary reset
Could a monetary reset be on the horizon amid the backdrop of Russia’s invasion of the Ukraine? Recent comments made by Federal Reserve Chairman Jerome Powell, combined with Western threats against Russia’s gold reserves, are bringing this possibility into the spotlight. When Powell stated that “It’s possible to have more than one reserve currency,” it […]
03/16/2022
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By Cassie B.
Price increases are hitting farmers hard across the US and the world
Russia’s attack on Ukraine is having economic effects throughout the world, but farmers are among the parties being hardest hit by price increases as a result of the ongoing conflict. The invasion comes as inflation and supply chain issues were already making life difficult for farmers. The president of the Indiana Farm Bureau, Randy Kron, […]
03/16/2022
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By Cassie B.
Europe faces sunflower oil shortage as Russian attacks on Ukraine continue to disrupt food supply
The war in Ukraine is already having a noticeable effect on the food supply in Europe, with store shelves in some countries stripped bare of popular Ukrainian exports like sunflower oil and concerns growing about the future availability of wheat. EU refineries source as much as 45 percent of their sunflower oil from Ukraine, and […]
03/04/2022
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By Cassie B.
Energy markets in turmoil as European gas climbs 60%
Commodity markets have been experiencing a huge upheaval thanks to President Vladimir Putin’s invasion of Ukraine, with European natural gas rising by as much as 60 percent on Wednesday as Russia’s descent into a commercial pariah continues. Dutch gas, the European benchmark, climbed to a record high of nearly 195 Euros per megawatt-hour at one […]
03/02/2022
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By Cassie B.
Russian authorities arrest anti-war protesters as citizens fear economic collapse
Protests have been taking place in Russia since Thursday as people take to the streets to voice their opposition to President Vladimir Putin’s military invasion of Ukraine. Anti-war protesters are turning out in the thousands at cities throughout the country, including their capital, Moscow. Videos on social media show huge crowds of Russian citizens taking […]
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