Market Analysis
China’s Hang Seng Index Down 2% After US Shoots Down Alleged Spy Balloon
China's main stock market index lost 2.7% on Monday amid fears of growing economic confrontation between the country and the US.
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Crypto
Hong Kong Aims to Push for Web3 Amid US Regulatory Crackdown
Hong Kong’s Financial Secretary Paul Chan has reiterated the city's crypto hub ambitions despite the recent fluctuations.
Market Analysis
Labor Market Remains Tight But 74% of Americans Prepping for Recession
A new Bankrate poll shows that 7 in 10 Americans are worried about a possible recession before the end of 2022.
Market Analysis
68% of Economists Believe US Will Enter a Recession by 2023: FT Survey
The US Federal Reserve reveals its most aggressive rate hike increase since 1994 amidst growing concerns about a recession in 2023.
Best Stocks
Fed Likely to Raise Interest Rate by 0.5%: IMF Deputy Warns Inflation Could Get Worse
IMF Deputy warns that inflation could rise even faster than what central banks anticipate.
Best Stocks
Gov. DeSantis Supports Musk’s Twitter Bid, State Pension Fund Owns 946,960 Shares
The State of Florida, which invested in Twitter through its state pension fund, may side with Elon Musk and his attempt to take ownership of Twitter.
Crypto
Bitcoin For The US? Poll Shows 27% Want It As Legal Tender
A recent poll reveals that 27% of US residents supported the idea of making Bitcoin a legal tender in the United States.
