Trending: * Credit Suisse * FedNow Markets/Economies: * Yesterday's US market performance: * Yesterday's crypto market data: Credit Suisse: * Credit Suisse (CS), Switzerland's second-largest bank, announced that it found "material weaknesses" in its financial reporting, which caused liquidity concerns and issues. * As a result, the
Central bank interest rates are one of the most important tools central banks use to influence the economy worldwide. These rates are set by the central bank and are used to influence borrowing, lending, and spending throughout the economy. In this article, we will explore the origins of central bank
Trending: * OpenAI * US Drone * Space Markets/Economies: * February inflation % (CPI): 6% * Yesterday's US market performance: * Yesterday's crypto market data: OpenAI: * OpenAI has released GPT-4 * GPT-4 is OpenAI's latest generative AI model that acts as an upgrade from GPT-3 (the model used in ChatGPT). * ChatGPT
Trending: * Saudi Aramco * SpaceX Markets/Economies: * US inflation data (CPI) will be released @8:30 AM EST. * Yesterday's US market performance: * Yesterday's crypto market data: Saudi Aramco: * Saudi Aramco reported a profit of $161 billion (for 2022), the largest ever recorded in the oil and gas
Trending: * Banks * Nicaragua Markets/Economies: * Five years of NASDAQ performance: * Five years of Bitcoin performance: Banks: * Silicon Valley Bank and now Silvergate bank has collapsed. * The US government has decided to bail out both banks, including all funds over the FDIC's $250k limit. * Joint statement from the US
Trending: * Silicon Valley Bank * Crew-5 Week Recap: * During the congressional hearing on Tuesday, Federal Reserve Chairman Jerome Powell stated that interest rates are "likely to be higher than previously anticipated." * Members of the Gulf Cartel kidnaped four Americans who went to Mexico for a medical procedure. Two were
Trending: * Silicon Valley Bank * China Markets/Economies: * Yesterday's US market performance: * Yesterday's crypto market data: Silicon Valley Bank: * Silicon Valley Bank has officially failed. * Here's what we know: * After Thursday's 60% stock drop, the trading of the stock was suspended. * Before its
Trending: * Silicon Valley Bank (SIVM) * Cartels * The Twitter Files * SpaceX Markets/Economies: * Job data will be released today @8:30 AM EST. * Yesterday's US market performance: * Yesterday's crypto market data: Silicon Valley Bank (SIVM): * Silicon Valley Bank experienced a loss of $1.8 billion due to
Quantum computing is a new technology designed to process information faster and more efficiently than traditional computing. Unlike traditional computing, which uses simple binary units of data (bits) to perform calculations, quantum computing uses quantum bits (qubits), which can exist in multiple states simultaneously. This means that quantum computers can
Trending: * Apple * Nuclear Reactor Markets: * Yesterday's US market performance: * Yesterday's crypto market data: Apple: * Apple is giving more importance to India by reshuffling its international management. It achieved record revenue in India last quarter, despite a 5% drop in total sales. * Apple has launched an online
Bitcoin is a decentralized digital currency created in 2009 by an unknown person or group using the name Satoshi Nakamoto. The origins of Bitcoin are shrouded in mystery, and the true identity of its creator(s) remains unknown to this day. However, the impact that Bitcoin has had on the
Trending: * Jerome Powell * Cartel Kidnapping Markets: * Yesterday's US market performance: * Yesterday's crypto market data: Jerome Powell: * During the congressional hearing on Tuesday, Federal Reserve Chairman Jerome Powell stated that interest rates are "likely to be higher than previously anticipated." * The Federal Reserve regulates the