We are less than a month into the New Year, but so far 2022 has not been kind to crypto. The price of bitcoin (BTC-USD), the granddaddy of digital currency, is off to its worst yearly start since the dawn of crypto, down roughly 40% from its all time high, and analysts are bracing for more volatility ahead. But true believers are not backing off. While it’s mostly young men who are trading cryptocurrency, research finds a growing number of women are taking the plunge and even prefer trading… Source link

Expect a market sell-off so significant that the Federal Reserve will likely “not carry through” with all of its anticipated rate hikes this year, predicts macro investor Felix Zulauf.  “I doubt that they will be as hawkish going through the year as they are saying now,” the CEO of Zulauf Consulting told Yahoo Finance. “My expectation is that we have a sharp sell-off in the markets, maybe 30% from the highs, into the summer, and then the Fed and other central banks will panic,” he added.  “In… Source link

The scene in Southern California resembles a disaster movie — only it’s not.  Thousands of boxes littering Union Pacific (UNP) train tracks in downtown Los Angeles attest to a wave of rail thefts that have taken place in recent months — worsening supply chain bottlenecks and creating endless delays for consumers and merchants that likely cost millions, if not more.  L.A. has been a hub of major shipping woes in recent months, with the ports of Los Angeles and Long Beach a prominent fixture… Source link

Stock futures gained Wednesday morning to steady after a broad sell-off a day earlier, as investors nervously eyed soaring bond yields and mixed earnings results from some major index components.  Contracts on the S&P 500, Dow and Nasdaq gained. The Nasdaq Composite had closed out Tuesday’s session with a drop of 2.6%, bringing it to its lowest level since October. The index also came within striking distance of a correction, typically defined as a closing level at least 10% below a recent… Source link

Text size With U.S. stock markets set to open in two hours, … Source link

A sign is pictured outside a Google office near the company’s headquarters in Mountain View, California, U.S., May 8, 2019. REUTERS/Paresh Dave//File Photo Register now for FREE unlimited access to Reuters.com Register Jan 19 (Reuters) – Alphabet Inc’s (GOOGL.O) Google said this week it would immediately improve enforcement of an age-sensitive ad policy after Reuters found ads for sex toys, liquor and high-risk investments in its search engine that should have been blocked under its efforts to… Source link

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Around 40 miles south of San Francisco, three futuristic structures rise from the earth. With sloping roofs clad in thousands of overlapping tiles, the buildings could be mistaken for the world’s most architecturally advanced circus tent. They are, in fact, part of Google’s new Bay View campus, which is due to welcome employees this year – pandemic allowing – and is situated a few miles east of its existing HQ campus in Mountain View. The firm says the finished buildings will have… Source link

Lusia Harris, seen here at a 2021 film fesitval showing a documentary on her life, died on Tuesday at 66.. (Cindy Ord/Getty Images for Tribeca Festival) Lusia Harris, the first and only woman to be drafted into the NBA, died on Tuesday in her native Mississippi. She was 66 years old.  Her family announced her death in a statement. The cause of death is not clear. “We are deeply saddened to share the news that our angel, matriarch, sister, mother, grandmother, Olympic medalist, The Queen of… Source link

AT&T (T) and Verizon and aviation infrastructure, but a permanent fix still eludes all of the major players – including the government and . On Tuesday, AT&T and Verizon (VZ) announced they would limit or delay the rollout of ‘C-band’ service near U.S. airports, extending a previously agreed delay from Verizon and AT&T that was set to expire. Previously, the telecoms had agreed to delay the launch of the new frequency for two weeks in order to address regulatory and industry… Source link