As the Atlantic hurricane season begins June 1 and runs through November, at least one major forecasting body predicts an above-normal season. Still, 2021 is not expected to match the historic wrath of 2020 storms. Forecasters at the National Oceanic and Atmospheric Administration’s (NOAA) Climate Prediction Center see aRead More →
Bitcoin (BTC) staged a characteristic comeback on May 5 as a day of losses turned around in a flash. BTC/USD 1-hour candle chart (Bitstamp). Source: Tradingview BTC price nears $58,000 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD passing $57,000 again during Wednesday trading, with daily gains knocking onRead More →
© Reuters. Vaccine airlift delivers shot in the arm for airlines By Tracy Rucinski and David Shepardson CHICAGO/WASHINGTON (Reuters) -American Airlines and United Airlines said on Monday they were preparing to recall tens of thousands of furloughed employees as they awaited lawmakers’ approval of a fresh $15 billion inRead More →
The much-anticipated digital Euro is in the news again as a member of the Executive Board of the European Central Bank, Fabio Panetta, announced in a blog today that Europe “must prepare to introduce a digital euro to complement its cash payments.” Acceptance of a digital euro by theRead More →
By Marwa Rashad RIYADH (Reuters) – “No voice is louder than that of the Aramco IPO, the largest IPO on earth,” declared Ahmed Al-Arfaj, a Saudi Arabian TV talk show host, drumming up demand for what could be the world’s biggest initial public offering. State oil giant Saudi Aramco beganRead More →
Globalization has peaked, and there is a significant and underappreciated risk that the world will start to de-globalize over the coming years. The latest wave of globalization, which began after the end of the Cold War and gathered pace throughout the 1990s and 2000s, has been a crucial influence onRead More →
Alternative Rates Reference Committee, Federal Reserve, Federal Reserve Bank of New York A new interest-rate index can be a suitable replacement for Libor, the current benchmark rate index set to be retired after 2021, a working group of finance professionals has determined. That means the mortgage industry should start soonRead More →
Billion-dollar industries are built around the collection, compilation and protection of consumers’ personal data — from social-media platforms to e-commerce sites to data brokers. While the federal government gears up for possible antitrust scrutiny on the data-driven business models of tech giants Facebook FB, -0.43% , Apple AAPL, -0.19% ,Read More →
We all likely know someone in their 40s or 50s who was on track, doing just fine until they weren’t. None of us who’ve played by the rules expect to land here, forced out of our jobs and facing early involuntary retirement. Yet, this is a reality for millions ofRead More →
Health can destroy wealth. More than two in three bankruptcies are caused by medical problems, either from bills, income loss due to illness, or both, according to new data in the American Journal of Public Health from more than 900 Americans who filed for personal bankruptcy between 2013 and 2016.Read More →
