• The Crypto Daily – Movers and Shakers – October 24th, 20210

    Bitcoin, BTC to USD, rose by 0.98% on Saturday. Following a 2.40% loss on Friday, Bitcoin ended the day at $61,302.0. A mixed start to the day saw Bitcoin fall to a late morning intraday low $59,755.0 before making a move. Steering clear of the first major support level at $59,236, Bitcoin rose to a

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  • Peak Oil Demand Forecasts Turn Sour As Demand Keeps Growing0

    In the mind of many a news consumer, oil is on its way out. So is coal. So is gas, although that one might stick around for a little longer. We are, after all, moving into a new era of clean energy, and while it will take us some time to get there, it’s our

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  • Chinese Economy Risks Deeper Slowdown Than Markets Realize0

    (Bloomberg) — China’s economy risks slowing faster than investors realize as President Xi Jinping’s push to cut its reliance on real estate and regulate sectors from education to technology combine with a power shortage and the pandemic. Most Read from Bloomberg Bank of America Corp. and Citigroup Inc. are among those sounding the warning that

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  • Bondholders Risk $2.6 Trillion Hit on Even a Modest Yield Rise0

    (Bloomberg) — After a wild week on Wall Street that saw inflation expectations reach decade highs, portfolio managers are staring down an ever-more dangerous prospect: A modest rise in yields that inflicts trillions of dollars in losses. Most Read from Bloomberg It’s a result of investors’ exposure to duration, a key gauge of risk for

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  • SABEW, South Carolina name recipients of Morrow Scholarship0

    The 2021 recipients of the David J. Morrow Scholarship for Business Journalism at the University of South Carolina are Jade Crooks, Stephen Pastis and Shelby Naillon. Crooks, a junior, is a career studio peer educator for the USC Career Center and a copy editor for South Carolina’s student newspaper, The Daily Gamecock. Naillon is a

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  • 5 ways to build wealth without buying a home0

    Get rich as a renter: 5 ways to build wealth without buying a home For many, homeownership is an essential part of the American dream. That doesn’t mean it has to be your dream, too. Maybe you don’t need the space or a backyard for your dog. Maybe you don’t think real estate is the

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