Oil Price Drop Reflects Anxiety Over Slowing U.S. Economy
The recent sharp oil price drop has significantly impacted the market, reflecting a growing anxiety over a slowing U.S. economy. Investors are increasingly cautious as they observe signs of a…
Brent crude oil holds above $87 a barrel
By Paul Carsten and Robert Harvey LONDON (Reuters) -Oil prices for Brent crude held above $87 a barrel on Thursday, near their highest level since late April after data the…
Generative AI Patents Surge: China Triumphs in Innovation Race
Generative AI patents have surged in recent years, with China emerging as the global leader in this technological race. This leap forward highlights China’s commitment to advancing generative AI technology,…
Is Shiba Inu (SHIB) a good investment? Shiba Inu’s Potential Analyzed for 2024 and Beyond
In 2020, the crypto world saw another meme coin – Shiba Inu. The pioneer of this trend was Doge Coin, which blew up the cryptocurrency market with the bizarre concept.…
Visa Stock Forecast for 2024, 2025-2026, and Beyond
Visa Inc., a global payments technology company, operates one of the world’s most extensive and advanced electronic payments networks. Visa stock, as a representation of this financial giant, is a…
Pound May Benefit from Labour Victory. Forecast as of 04.07.2024
The reaction of currencies to the elections is as different as day and night. While the overwhelming majority in Mexico and France is seen as a negative for the peso…
Economic calendar for the week 08.07.2024 – 14.07.2024
Market expectations for two Fed rate cuts this year remain largely the same. Despite the Fed’s new forecasts regarding the outlook for monetary policy, which includes an interest rate cut…
Oil prices slip from multi-month highs on demand concerns
By Robert Harvey LONDON (Reuters) -Oil prices edged lower on Thursday, retreating from the previous session’s multi-month highs, with investors taking profits as demand caution remained in focus despite last…
Oil prices fall from 2-month highs; still on track for weekly gains
Investing.com–Oil prices fell from two-month highs on Thursday, as traders collected some profits from a strong run-up this week, while soft U.S. economic data raised some concerns over long-term demand.…
Instead of 15% Profit on Bitcoin, $83.7 Million Loss: “A Classic Ponzi Move”
A federal judge has ordered an Oregon man and his companies to pay over $83 million in restitution to victims of a fraudulent digital asset investment scheme that operated as…
