Joseph Semprevivo, Even as millions of Americans are vaccinated, the COVID-19 pandemic has left the U.S. economy in shambles. Mortgage rates are climbing above 3 percent, while gas prices are skyrocketing—increasing more than 50 cents per gallon, with … Read more
If Elon Musk’s Tesla wanted to insure all of its recent $1.5 billion bitcoin investment against the myriad of pitfalls it could encounter, like hacks, theft and fraud, it would be out of luck. Insurers … Read more
Bitcoin hit a fresh high on Saturday, extending a two-month rally that took its market capitalization above $1 trillion on Friday. The world’s most popular cryptocurrency rose to a record $57,553, taking its weekly gain … Read more
Armstrong Williams, The massive economic destruction being wrought by the COVID-19 epidemic and the government’s attempt to mitigate the impact on American families and businesses raises a fundamental question: is the sum total of America’s … Read more
Coronavirus fears led to a historic drop in U.S. stocks, shut borders and disrupted daily life around the world, as governments took increasingly drastic measures to try to reduce the severity of the global outbreak. … Read more
Oil markets tumbled the most since the Gulf War in 1991 after the disintegration of the OPEC+ alliance triggered an all-out price-war among the world’s biggest producers. In one of the most dramatic bouts of … Read more