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Over 10% of financial fraud cases are crypto-related, FBI report reveals

Over 10% of financial fraud cases are crypto-related, FBI report reveals

Key Takeaways Crypto fraud in 2023 led to a 45% increase in losses compared to 2022. Victims over 60 were the most affected, with losses near $1.6 billion. Share this article The Federal Bureau of Investigation’s Internet Crime Complaint Center has released its Cryptocurrency Fraud Report for 2023, revealing a significant surge in losses due […]
Australian Dollar Continues To Lose Ground After Westpac Consumer Confidence

Australian Dollar Continues To Lose Ground After Westpac Consumer Confidence

Image Source: Unsplash AUD/USD depreciates following the release of downbeat Westpac Consumer Confidence on Tuesday. The Australian Dollar’s downside could be restrained due to the hawkish sentiment surrounding the RBA. The US Dollar received support as recent labor data reduced the likelihood of an aggressive Fed rate cut in September. The AUD/USD pair extends its losses […]
Shell Game: How America’s Money Devolved From Gold To Fiat?

Shell Game: How America’s Money Devolved From Gold To Fiat?

By Joshua D Glawson, Money Metals ExchangeImagine a street performer standing behind a small table, moving three shells around at lightning speed, concealing a pea beneath one of them. As the audience watches closely, they try to follow the pea’s location, only to realize that no matter how well they track it, they’ve been fooled. Now, […]
2 Food Stocks To Buy Amid Heightened Market Volatility

2 Food Stocks To Buy Amid Heightened Market Volatility

Image Source: UnsplashSeptember is living up to its connotation of being the most volatile month for the stock market but Dole (DOLE – Free Report) and Pilgrim’s Pride (PPC – Free Report) are two consumer food stocks that may be able to offer defensive safety in the portfolio.Both consumer staples companies have landed spots on the Zacks Rank #1 (Strong Buy) list. […]
Markets Still Hover In The Realm Of Cautious Optimism

Markets Still Hover In The Realm Of Cautious Optimism

Image Source: PixabaySeptember may have a reputation for being a tough month for stocks, but Monday didn’t reflect that usual anxiety. Investors seemed relatively unfazed, even optimistic, as they pinned their hopes on the Federal Reserve kicking off an easing cycle. Even with a modest 25-basis-point rate cut, the sentiment was that it could offer some […]
Manufacturing Weakness Could Signal Trouble For The Economy

Manufacturing Weakness Could Signal Trouble For The Economy

Image Source: PixabayThe U.S. economy could be heading into choppy waters, and investors may be wise to buckle up. Recent data suggest that storm clouds could be gathering, with declines in U.S. manufacturing, a softening labor market and worrisome signs from the bond market all pointing to possible trouble ahead.Manufacturing production signaled a significant weakening in […]
Stocks And Precious Metals Charts – Gathering Of Vultures

Stocks And Precious Metals Charts – Gathering Of Vultures

Image Source: PexelsStocks managed to bounce back today after last week’s rough declines.Gold and silver were higher.The Dollar was higher.VIX fell.The news to watch this week will be the CPI on Wednesday, and the PPI on Thursday.There seems to be a consensus that the Fed will be making their ‘pivot’ official, and offer up a rate […]
Clawback Of Friday’s Losses Sets Up Bullish Haramis For Lead Indices

Clawback Of Friday’s Losses Sets Up Bullish Haramis For Lead Indices

Image Source: UnsplashSellers remorse after a weekend of retrospection might have accounted for some of today’s buying, and while bullish haramis left in Indices might offer reversal opportunities, overhead supply at moving averages will likely prove problematic.The Russell 2000 (IWM) dug in at $207.50 support, established in part by May swing highs. I’m nore sure it’s […]
Forbes to roll out new blockchain-powered loyalty platform

Forbes to roll out new blockchain-powered loyalty platform

Key Takeaways The new loyalty platform by Forbes Web3 and qiibee foundation will leverage blockchain for secure, transparent rewards. Users can earn, track, and redeem diverse rewards, enhancing engagement and purchasing power. Share this article Forbes’ web3 team (Forbes Web3) is planning to roll out a blockchain-based loyalty platform in partnership with the qiibee foundation, […]
As Inflation, GDP, And Jobs Growth Wane, The Fed Should Cut 50 Bps

As Inflation, GDP, And Jobs Growth Wane, The Fed Should Cut 50 Bps

Image Source: PixabayFalling inflation, weak manufacturing activity, cautious consumer sentiment, and sluggish GDP and jobs growth have conspired to elicit a dovish tone from the Federal Reserve and the likely start of a rate cut cycle to avert recession and more jobs losses. I continue to pound the table that the Fed is behind the curve […]