By Daniel Kline The Tesla CEO may be in the news due to Twitter, but he’s quietly bringing something very new to Sin City. Las Vegas has always been a city where the impossible happens. When you walk down the famed Las Vegas Strip you see countless thi…
Disney Brings Back Popular Attraction
By Kirk O’Neil Disney Parks are bringing back popular attractions in the spring and summer months. Walt Disney (DIS) – Get Walt Disney Company Report theme parks draw thousands of guests each day to enjoy rides on various attractions and watch an array…
Hackers Use QR Codes to Steal Your Money
By Ellen Chang The use of QR codes rose during the pandemic and hackers took advantage of the opportunity to steal financial data. QR codes with their square barcode regained their popularity when the pandemic began because consumers found them easy to…
Hard Landing for Pandemic Darling Stocks
By Ellen Chang Pandemic stocks saw valuations rise and decline rapidly. The meteoric rise of the pandemic stocks led to investors who found themselves flush with cash as work from home companies benefited. Demand for the stocks rose exponentially, mirr…
Gold Hasn’t Been Doing too Much Glittering Lately
By Dan Weil The precious metal has slid 12% since March 8 to $1,811, hurt by a strong dollar and rising interest rates. Gold is supposed to serve as a beacon of stability in turbulent financial and geopolitical times, but that hasn’t been the case for …
Mortgage Rates Hit 12-Year High; Homebuyers Take a Hit
By Dan Weil The 30-year fixed-rate mortgage averaged 5.30% in the week ended May 12. The woes continue to mount for the housing market, especially prospective homebuyers. The latest bad news: the 30-year fixed-rate mortgage averaged 5.30% in the week e…
Billionaire, ex-Goldman Sachs Boy Novogratz Caught up in Luna Collapse
By Luc Olinga The spectacular collapse of Luna and its sister token UST has shaken the credibility of cryptocurrencies and the trust placed in crypto evangelists. In April, Mike Novogratz, the former banker of the prestigious investment bank Goldman Sa…
Bitcoin Breaches Support – Here’s What to Do Now
By Bret Kenwell Bitcoin plunged below support but is finding its footing. here’s how to trade it from here. What a ride it’s been in bitcoin and cryptocurrencies lately. The destabilization is not something that’s well understood by a lot of investors….
Musk May Owe Billions in Legal Fees if He Walks Away From Twitter Deal
By Riley Gutiérrez McDermid One thing investors don’t like is protracted legal fights, even for hip companies like Tesla, SpaceX, Neuralink and The Boring Company. The world watched another game of business news ping pong on May 13, as Tesla billionair…
$1B Crypto Ponzi Scheme Revealed by Regulators
By Riley Gutiérrez McDermid Whipsawing markets and faltering assets have shocked the nascent crypto market. Now, regulators say they’ve uncovered a Ponzi scheme. It’s been a tough six months to be a crypto investor. Whipsawing markets, faltering assets…