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News & Articles By Kevin Hughes
07/07/2022
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By Kevin Hughes
Crypto broker Voyager Digital suspends customer trading, deposits, withdrawals and loyalty rewards
Digital asset brokerage Voyager Digital announced in a statement issued Friday, July 1, that it has suspended all customer trading, deposits, withdrawals and loyalty rewards. Voyager’s move follows that of well-known crypto staking and lending platform Celsius, which likewise halted all withdrawals, swaps and transfers between accounts due to “extreme market conditions” on June 13. Celsius has […]
06/30/2022
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By Kevin Hughes
Survey reveals that more Americans are worried about their savings due to rising inflation rates
A recent survey revealed that the massive increases in everyday living expenses due to skyrocketing inflation rates are causing Americans to be nervous about their emergency savings. The June 23 survey conducted by Bankrate found that 58 percent of the 1,025 adult respondents were concerned about the amount they have in emergency savings. This followed a rising […]
06/24/2022
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By Kevin Hughes
International Energy Agency head tells EU: Prepare for Russian gas shutdown
International Energy Agency (IEA) Executive Director Fatih Birol has warned the European Union (EU) to be prepared for the likelihood of a total shutdown of Russian gas exports this coming winter. “Europe (sic) should be ready in case Russian gas is completely cut off. The nearer we are coming to winter, the more we understand Russia’s […]
06/22/2022
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By Kevin Hughes
South of the border exodus: Americans fleeing to Mexico to escape high cost of living
A mass exodus is now happening south of the border as Americans try to escape the high cost of living in the United States. “Hordes of people are heading south of the border in hopes of escaping the Democrats’ pending catastrophe,” said “Restricted Republic” host Lisa Haven, citing a report by the Daily Mail. The alternative media news […]
06/20/2022
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By Kevin Hughes
Elon Musk hit with $258 billion lawsuit over alleged dogecoin cryptocurrency pyramid scheme
Businessman Elon Musk was hit with a $258 billion lawsuit that claims the tech tycoon and his well-known companies are involved in a dogecoin cryptocurrency pyramid scheme. In federal court papers filed in Lower Manhattan in New York, complainant Keith Johnson named Musk along with his electric car company Tesla and his space tourism corporation SpaceX in […]
06/16/2022
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By Kevin Hughes
Frenzied hedge fund selling erupts right before Fed raises interest rates
Hedge funds tracked by Goldman Sachs Group Inc. offloaded U.S. equities for a seventh straight day Monday, June 13, as the equity rout worsened amid concerns that the Federal Reserve will need to rush its inflation-fighting campaign at the risk of causing an economic recession. Those concerns were not unfounded as the Federal Reserve on Wednesday, June […]
06/10/2022
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By Kevin Hughes
World’s largest NFT marketplace OpenSea finds itself in the middle of thefts and lawsuits
OpenSea is an eBay-like site where people can look around for millions of nonfungible tokens or NFTs, purchase the images and put their own up for sale. In the past 18 months, OpenSea has become the leading and the largest NFT marketplace in the world. One of the foremost crypto start-up companies, it has produced […]
06/08/2022
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By Kevin Hughes
BardsFM host Scott Kesterson: Americans will witness complete and total collapse of the economic system – Brighteon.TV
“BardsFM” host Scott Kesterson warned his viewers that a complete and total collapse of the economic system is coming soon. “We are in a place right now of constant and steady decline. We have seen what is going on right now around us. And eventually, we will witness a complete and total collapse of our system. […]
06/02/2022
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By Kevin Hughes
Home sellers reduce prices as housing market cools off
Many home sellers are cutting their prices as the housing market finally cools off following a scorching pandemic run. Nearly one in five sellers reduced prices during the four week period that ended May 22, real estate brokerage Redfin Corp. said in a report. That represents the highest rate of home sellers reducing their prices since October 2019. Other […]
05/26/2022
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By Kevin Hughes
Consumer stocks lose $550 billion in market value as rising costs and bloated inventories push retailers into the red
Some $550 billion in market value was wiped out from consumer stocks over a five-day stretch last week, increasing the downward pressure on a market already stressed by fear of inflation and soaring interest rates. “It has been an absolute bloodbath for retail. To a certain extent, I think that’s the rebalancing of expectations, and […]
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