What Is the Ethereum Merge?
September 15th, Ethereum Network completed the long-awaited merge. So what does this actually mean for the cryptocurrency?
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Author: Ayse Bayram
FDIC Reports Fall in Deposits by $370 Million in US Banks
Reports from the Federal Deposit Insurance Corporation (FDIC) reports that U.S. Bank Deposits have fallen by $370 Million, one of the largest declines since 2018.
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Dems Push for Student Loan Forgiveness Ahead of Midterms
With a total $1.61 trillion of federal student loan outstanding, student loan forgiveness has been
advocated by Democrats multiple times. So why is it difficult for them to cancel the debt?
Nickel Market Crisis Explained
On March 8th, London Metal Exchange (LME) suspended trading due to a 250% price spike in nickel within 24h hours. The question around why a somewhat conspicuous commodity like nickel would cause such chaos is an important and interesting one. So, what happened?
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What Does the Chinese COVID Uptick Mean for Markets?
After nearly two years, the world is once again in the same conversation involving a virus and strict regulations in China. Will investors be better equipped for another turbulent market after some practice?
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Fed’s Inflation Policy Complicated by Invasion
With inflation steadily increasing due to the numerous issues dealt with in the last two years, investors and consumers show concern as prices continue to rise. Many Fed officials have discussed a strict, aggressive approach to battle these rising costs. But now the long-awaited interest rate hike from the Federal Reserve faces a challenge. The Russian invasion of Ukraine.
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Turkey Attempts to Stabilize the Lira
Turkey’s economy, similar to every other nation, has taken a hit with inflation rates. But unlike every other country, President Recep Tayyip Erdogan has refused talks of possible increases in interest rates.
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DraftKings Gets Slice of Big Apple Pie
New Yorkers will finally be able to enjoy mobile betting. Back in the spring of 2021, the New York State Gaming Commission announced that online betting platforms would operate before SuperBowl LVI in February 2022.
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Oil Bulls Continue to See Green
A unanimous decision made by the Organization of Petroleum Exporting Countries (OPEC) continues to limit oil production. Saudi Aramco, one of the largest and profitable oil companies in the world, has announced that they will not be influenced by U.S. calls for an increase in oil supply and continue to act towards their goal of increasing output by 400,000 barrels per day each month.
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