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News & Articles By Cassie B.
08/03/2022
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By Cassie B.
Transportation DISASTER: CoreFund Capital closure leaves trucking companies unable to pay their drivers or buy fuel
Small business truckers who rely on CoreFund Capital for factoring their accounts receivable are now struggling to stay in business following the abrupt closure of the company. Factoring companies purchase outstanding invoices from companies with slower-paying customers to provide them with immediate cash flow. CoreFund offers same-day factoring to trucking companies throughout the nation to […]
08/03/2022
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By Cassie B.
Home prices dropped at a record pace in June amid rising inflation and mortgage rates
Home prices are cooling in the U.S. thanks to a sharp drop in housing demand in June spurred by rising inflation and mortgage rates. Although home prices remain higher than they were one year ago, gains slowed down at the fastest pace seen since this metric was first recorded in the 1970s. The ongoing imbalance […]
07/31/2022
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By Cassie B.
Germany bails out its top importer of natural gas in $15bn rescue deal
Germany has agreed to bail out embattled energy company Uniper with a $15 billion rescue deal. Uniper is Germany’s biggest importer of gas, and it has been hit hard by the severe reduction in flows of natural gas from Russian pipelines. This has led to soaring prices in Europe’s largest economy. Under the package, the […]
07/24/2022
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By Cassie B.
Former Coinbase manager facing charges in first crypto insider trading case
The U.S. Attorney’s Office for the Southern District of New York announced that three people have been charged in the first cryptocurrency insider trading tipping case in the nation. A former product manager at cryptocurrency exchange platform Coinbase, Ishan Wahi, along with his brother, Nikhil Wahi and friend Sameer Ramani have been charged with wire […]
07/04/2022
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By Cassie B.
Major crypto hedge fund Three Arrows Capital files for bankruptcy and fires 25% of workforce as crypto implosion spreads
The news for cryptocurrencies keeps getting worse as Three Arrows Capital (3AC), a major cryptocurrency hedge fund, plunges into bankruptcy and fires 25% of its workforce. Rumors that the embattled fund was in trouble started gaining steam early last month, and it was hit hard by the collapse of the Terra crypto and other issues. […]
07/04/2022
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By Cassie B.
Bank of Japan is buying up it’s own government’s debt: Bond holdings top 50% for first time
The share of Japanese government bonds that are held by the Bank of Japan has now exceeded 50 percent. The record-setting high comes as the central bank doubles down on its government debt purchases with the aim of holding down long-term interest rates as part of its ultra-loose monetary policy. The Bank of Japan’s move […]
06/27/2022
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By Cassie B.
Vast majority of cryptocurrencies dropped more than 90% in recent crash
Cryptocurrencies have long been known for their volatility, but their fall in recent months has been particularly sharp, with many individual digital tokens hitting their lowest marks in two years. Overall, the sector has seen a loss of nearly $2 trillion in value since the latter part of last year. Price data compiled by CoinGoLive […]
05/24/2022
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By Cassie B.
Subprime borrowers are increasingly missing credit card and loan payments in the face of record inflation
America’s healthiest consumer lending environment on record appears to be coming to a close as consumers with low credit scores are falling behind on their payments for personal loans, credit cards and car loans in droves. The credit reporting firm Equifax reports that the share of subprime credit cards and personal loans whose payments are […]
04/20/2022
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By Cassie B.
Russia’s actions against the dollar could spur economic collapse for America
The supremacy of the U.S. dollar is being threatened by world events, and many fear this could be setting a series of events into motion that will culminate in the Great Reset that globalists have long been pushing for. BRICS nations, which include Russia, India and China, have been moving away from the dollar amid […]
04/07/2022
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By Cassie B.
Russian banking system and ruble are showing signs of strong recovery despite sanctions
The Russian ruble and Russia’s banking system are currently showing signs of ongoing recovery despite Western sanctions as Moscow’s reliance on currency controls and energy exports is helping to protect the country’s economy. Although the ruble initially dropped, it has now rebounded and is approaching its value prior to the war. Shortly after Russia invaded […]
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