After the collapse of Sam Bankman Fried’s FTX crypto exchange FTX, billions of dollars of customer money evaporated, shaking confidence in a market that was already experiencing a long and brutal downturn. Now questions have piled up: what happened and how did a firm that had billions of dollars in assets just yesterday go completely […]

U.S. producer price inflation (PPI) fell to its lowest level in more than a year in October, bolstering hopes that inflationary pressures have peaked thanks to improvements in global supply chains in recent months. Producer prices rose 8.0% from a year earlier, well below the consensus forecast of 8.3%. The U.S. Bureau of Labor Statistics […]

The U.S. stock market jumped after new data on U.S. producer prices in October was another sign that inflation is cooling. At 09:56 ET (14:56 GMT), the Dow Jones index was up 282 points, or 0.8%, while the S&P 500 index was up 1.4% and the NASDAQ Composite index was up 2%. A report from […]

Two rockets landed in the village of Przewodów in Poland’s Lublin province, and Donald Trump announced his participation in the 2024 presidential election – these and other important news for the morning of Wednesday, November 16, in our daily review. Polish Radio ZET reported on November 15 that rockets had fallen in the village of […]

Consumer prices in the UK in October rose by 11.1% in annual terms, according to the data of the National Statistics Office (ONS) of the country. Thus, inflation accelerated by 1 percentage point compared to September, when it amounted to 10.1%, and updated the maximum since October 1981. Analysts surveyed by Bloomberg on average expected […]

Two rockets landed in the village of Przewodów in Poland’s Lublin province, and Donald Trump announced his participation in the 2024 presidential election – these and other important news for the morning of Wednesday, November 16, in our daily review. Polish Radio ZET reported on November 15 that rockets had fallen in the village of […]

The Board of Directors of Tatneft recommended to pay dividends in the amount of 6.86 rubles per ordinary and preferred share based on the results of the third quarter of 2022. This was reported by the press service of the company. The extraordinary meeting of shareholders of the company is scheduled for December 22. The […]

The payment service Payoneer stops working with Russia due to “operational restrictions”. The company has notified its clients about the closure of accounts by e-mail. You can withdraw funds until December 16. Payoneer is a payment system that provides financial services and online money transfers. In early March 2022, the company suspended its operations in […]

The Russian car plant of the Japanese automobile concern Toyota (TYO:7203) (OOO Toyota Motor, St. Petersburg) has started laying off employees. The press service of the St. Petersburg Labor and Employment Committee told Interfax that 1.937 thousand employees are currently idle at the company. At the same time, according to the company’s estimates, the total […]

In the case of the latter, taking into account the restrictions of the Bank of Russia. But in the case of the latter, taking into account the restrictions of the Bank of Russia. “Transactions are already taking place, but so far they are sporadic. Low activity of clients, in our assessment, is due to the […]

Cryptocurrency exchange Gemini has stopped paying out revenue to its users, and Goldman Sachs’ head in Russia will leave the bank after 17 years of work – these and other important news for the morning of Thursday, November 17, in our daily review. Gemini Trust, a cryptocurrency exchange run by twin brothers Tyler and Cameron […]

The U.S. stock market declined on Wednesday after disappointing forecasts from major retailer Target (NYSE:TGT) cooled the sector. Target is struggling with rising prices that are forcing customers to compromise when buying merchandise. The company is also having to mark down merchandise to get rid of excess inventory. In the most recent quarter, the company’s […]

Billionaire investor Ray Dalio, founder of the Bridgewater Foundation, pointed to the potential proximity of the U.S. and China to a military conflict over Taiwan, pointing out that Chinese leader Xi Jinping hinted at war when he spoke last month about his country’s need to prepare for a “dangerous storm,” Business Insider writes. “It scares […]

On Monday, Katie Wood’s ARK Invest investment fund bought up 315,000 shares of Grayscale Bitcoin Trust for the first time in almost a year and a half while this bitcoin fund is trading at a steep discount amid the overall sharp underperformance of the entire cryptocurrency sector, writes Business Insider. Thus, the famous investment manager […]

Analysts of the investment company Vanguard predicted that the classic 60/40 strategy will bring investors good results in the coming years, writes CNBC. The collapse of the markets this year will help this tactic to show good results again. The 60/40 asset investment strategy is not dead and will work again for investors, according to […]

The world’s largest oil producer, Saudi Aramco has warned of a tight global oil market, which does not bode well for many countries around the world that are still heavily dependent on fossil fuels, Yahoo writes. “Today there is very little spare capacity,” Saudi Aramco CEO Amin Nasser told a conference in London. – If […]

Tinkoff has launched a new service for its premium customers – home delivery of purchased gold bars, according to the bank’s materials. Customers can buy measured bars (weighing from 500 grams) and standard bars (from 12 kg). Free delivery of bars is available in Moscow for customers with Tinkoff (LON:TCSq) Premium and Tinkoff Private tariffs. […]

Twitter (NYSE:TWTR) saw a mass exodus after Musk’s ultimatum, while Russian Railways and Gazprom (MCX:GAZP) will become the first buyers of a quantum phone for 40 million rubles. – these and other important news for the morning of Thursday, November 18, in our daily review. After receiving an ultimatum from businessman Ilon Musk to work […]