Personal finance and investing news
Cryptocurrencies are now a mainstream—although volatile—investment tool. But blockchain-based payments are just beginning to catch on. Over the coming years,
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Wells Fargo & Co. is a big bank. As a bank, it likes making money. As a general rule, banks
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Is Elon Musk’s deal to buy Twitter Inc. “temporarily on hold”? On the one hand, he did tweet that last
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Elon Musk is the richest person in the world, and an active Twitter user. When he tweets, he gets a
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This is a joke! I love the idea that a bunch of disgruntled junior analysts at Goldman Sachs Group Inc.
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Here is a fun fact, Bitcoin is down 40% to start the year as investors sell risk assets After its
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Jerome Powell Let me start with Powell, head of the Fed, and my mental model of him. Based on his
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Elon Musk did something “funny” today, None of this makes sense! Because “Temporarily on hold” is not a thing. Elon
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We talked yesterday about the ongoing collapse of TerraUSD, or UST, the $18 billion algorithmic stablecoin from Terraform Labs. The basic idea
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An “algorithmic stablecoin” sounds complicated, and there are a lot of people with incentives to pretend that it is complicated,
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