Category Archives: Blog

The Fed made a ‘serious mistake’ by raising interest rates, and it could land the US in another Great Depression, says Ark’s Cathie Wood

Cathie Wood’s Ark Innovation ETF has slumped in 2022. David Swanson/Reuters The Fed is ignoring deflationary signals in an hark back to start of the Great Depression, tweeted Cathie Wood. The Ark boss warned of a similar downturn if the Fed doesn’t pivot from its monetary tightening path. Wood said she wouldn’t be surprised to…

2 ‘dark ships’ were spotted near the Nord Stream pipeline leaks days before the explosions were detected, satellite data analysis firm says

A gas leak causes bubbles on the surface of the water at Sea in Sweden on September 29, 2022. Swedish Coast Guard / Handout/Anadolu Agency via Getty Images Two “dark ships” were spotted near the Nord Stream leaks, a satellite data analysis firm says. It detected 25 ships near the leak sites, two of which…

The price of the Galaxy Z Flip 3 has dropped by £200 – and it’s not even Black Friday yet

Samsung’s foldable flip phone is available for an unbelievable price over a week before Black Friday, so it’s a great time to buy it. Foldable phones are the next big thing for the smartphone industry, and Samsung has been a pioneer in this new form factor with its two folding flagships. Last year’s clamshell-style flip…

Warren Buffett dismissed bitcoin as a worthless delusion and ‘rat poison squared.’ Here are his 16 best quotes about crypto.

Warren Buffett Getty Images / Spencer Platt Warren Buffett has repeatedly criticized bitcoin and other cryptocurrencies as risky and worthless. “I can say almost with certainty that they will come to a bad ending,” the legendary investor said. Bitcoin skyrocketed between the start of 2020 and November 2021, but it has plunged 65% in 2022….

Elon Musk plans to come after Twitter’s free lunches, days after telling employees they’re no longer allowed to work from home: report

Elon Musk. David Odisho/Getty Images; Gotham/Getty Images Elon Musk is mulling making employees pay for lunch in the company cafeteria, per The New York Times. Musk tweeted that each meal cost the company more than $400. An ex-Twitter employee has contested the claim, saying the meals cost $20-25 per day, per person. Days after slashing…