Bitcoin’s value was still down 8.85% percent over the 24 hour period since Elon Musk‘s shock announcement that Tesla will no longer accept Bitcoin as a form of payment due to environmental factors. Musk’s announcement on Wednesday evening initially caused a huge 17 percent drop in the price of the world’s largest cryptocurrency, but it recovered … Read more
Inflation has set in across America and is on the up, with consumer prices rising by 4.2 percent since April last year, the highest since the months preceding the 2008 global crash, as the economy dives into recovery mode after a COVID-19 catastrophe. The Consumer Price Index – which surveys the prices of every day … Read more
Warren Buffett has become the sixth richest man in the world after his net worth soared by almost $24 billion in under five months. The owner of the multinational conglomerate Berkshire Hathaway now joins an elite club of men worth $100billion or more, that includes Jeff Bezos, Elon Mask, Bill Gates, Bernard Arnault, and Mark Zuckerberg. … Read more
US drops tariffs on whisky, cashmere and Stilton as trade deal with Britain inches closer – two months after Liz Truss axed fees on American imports US said millions worth of tariffs on Scotch and other goods would be suspended Cashmere and cheese are also set to benefit from the American relaxation Comes a month … Read more
Bitcoin touched a market capitalization of $1 trillion as it hit yet another record high on Friday, countering analyst warnings that it is an ‘economic side show’ and a poor hedge against a fall in stock prices. The world’s most popular cryptocurrency jumped to an all-time high above $54,000, setting it on course for a … Read more
Keith Gill, the investor whose ‘Roaring Kitty’ posts on YouTube and Reddit preceded a frenzy of GameStop stock purchases, told a House committee he wasn’t the cause of the astonishing price surge that rattled financial markets last month. Appearing by zoom for a the House Financial Services Committee hearing, Gill gave a wink to his anonymous … Read more
The Reddit poster and YouTube streamer who caused a Wall Street crisis by driving up the price of GameStop – and boasted about his $47 million gains – is a suburban financial adviser who nicknames himself Mr. Wizard, DailyMail.com can reveal. Keith Gill, 34, is the man behind the Roaring Kitty YouTube streams and the … Read more
Government’s £2billion Kickstart scheme to get young people on universal credit into jobs has seen fewer than 2,000 start new roles in its first five months Kickstart programme launched in September and offers work placements Just 1,868 people have started their placements in the UK as of January 15 Work and Pensions Secretary Therese Coffey … Read more
The arrival of a new era of commercial supersonic travel is approaching, with a firm behind a 1,000mph business jet having broken ground on a state-of-the-art global HQ where the aircraft will be built, tested, customized and ultimately launched for service from in 2027. Aerion Park in Melbourne, Florida, will produce 300 of the jets … Read more
$200 BILLION wiped off cryptocurrency market in 24 hours as bitcoin value plunges by 22% – but experts say it’s a much-needed reset to avoid ‘the mother of all bubbles’ Cryptocurrency bitcoin surged to all-time high of nearly $42,000 on Friday, only to drop to $31,000 on Monday, wiping $200billion off cryptocurrency market But experts … Read more