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In the latest blow to the cryptocurrency sector, Core Scientific, one of the largest publicly traded cryptocurrency miners in the US, which primarily mined bitcoin, filed for bankruptcy on December 21, citing falling cryptocurrency prices and rising energy costs. The implosion of the now bankrupt cryptocurrency exchange FTX, once valued at $32 billion, has shattered … Read more

The crisis that #Lebanon is going through has not witnessed anything similar in its history since independence until today, and the many comments of political commentators and economic specialists add frightening dimensions to the climate of indecision.In this article, we want to present common mistakes that have come to represent the convictions of ordinary Lebanese … Read more

The performance of US stock indices varied at the end of trading today, Friday, December 2, following the monthly jobs report, but the indices achieved their first collective weekly gains since October. Stock indices succeeded in reducing their previous losses, with the markets evaluating the issued data and its impact on the Federal Reserve’s decision … Read more

Most US stock indices declined at the close of trading today, Thursday, December 1, in light of the close anticipation of the monthly jobs report in the United States. The head of the US Federal Reserve, Jerome Powell, said yesterday, Wednesday, that the Fed may start reducing interest rates soon, perhaps at the current December … Read more

European stocks rose at the end of trading on Wednesday, November 23, supported by gains in the mining and retail sectors. Investors are awaiting the release of the US Federal Reserve’s meeting minutes, looking for clues about the direction of monetary policy. At the close of trading, the Stoxx600 index rose by 0.60% to 438 … Read more

US stocks closed higher on Tuesday, November 22nd, shrugging off China’s policies regarding restrictions imposed due to COVID-19. Instead, it focused on a batch of strong earnings reports and the possibility of a future interest rate hike during a short trading week due to the Thanksgiving holiday. At the end of the session, the Dow … Read more

Real estate markets around the world are taking a breather… This is indicated by some positive data issued from the United States, which dispelled in the short term the fears of a repeat of the mortgage crisis that hit the world in 2008. The US real estate market had received several negative signals during the … Read more