1970s-style stagflation may be at risk of repeating itself, Deutsche Bank warns
A major Wall Street bank is warning about the risk that inflation expectations could become unanchored in a fashion similar to the 1970s stagflation era....
Binance Users Urged to Convert Euro Balances to Tether Amid Banking Partner Loss By Investing.com
[ad_1] © Shutterstock In the wake of its banking partner Paysafe’s withdrawal, Binance, the cryptocurrency exchange, has advised its users to convert their Euro balances...
Americans Begin to Feel the Sting of Fed Rate Hikes
Rising interest rates due to Federal Reserve’s decisions are straining American finances. Consumers face higher costs for home and car loans, and existing debts are...
The Meltdown of the World’s Biggest Crypto Firm
Binance, once the dominant force in the crypto world after FTX’s crash, is now facing challenges. U.S. agencies’ enforcement threats have led to over a...
Watching the Real-Estate Bust
The pandemic severely affected mall retailers. The mall’s occupancy plummeted from 96% to below 50%. Owners Unibail-Rodamco-Westfield and Brookfield Properties ceased mortgage payments, and by...
Real-Estate Doom Loop Threatens America’s Banks
Listen to article (2 minutes) Bank OZK had two branches in rural Arkansas when chief executive officer George Gleason bought it in 1979. The Little...
Is there a subprime credit-card crisis on the horizon?
Subprime consumers are falling behind on their credit-card bills. From Generation Z and millennials to Generation X and baby boomers, credit-card delinquency rates have been...
‘We are buyers of gold on weakness’: Yellow metal resilient as real rates surge, says Morgan Stanley
Gold appears resilient amid the recent surge in real interest rates, presenting a buying opportunity over the intermediate term, according to Morgan Stanley’s wealth-management business....
Binance.US taps MoonPay as banking alternative to regain USD ramps By Cointelegraph
[ad_1] © Reuters. Two months after becoming a crypto-only platform, Binance.US has announced a new partnership with crypto payments firm MoonPay to allow users to...
Global markets and US futures slide as Fitch downgrades US debt rating
Hong Kong/London CNN — Global stock markets fell Wednesday after ratings agency Fitch downgraded its US credit rating, citing “a steady deterioration in standards of...