Russia has a $45 billion stash of Chinese yuan that could help it weather sanctions, per Bloomberg. The nation could sell yuan reserves to make up for losses in its oil revenue. Moscow has sought to deepen ties with Beijing…
Inflation is beginning to moderate in developed markets, but potential data surprises remain a risk to investors. Goldman Sachs suggests three areas that investors can watch in order to help predict these inflation surprises. Commodity prices, currency movements, and regional…
Bitcoin and other cryptocurrencies lost ground Wednesday following a recent rally. Bitcoin in January has been in recovery mode after tumbling 64% in 2022. The broader crypto market this month regained a valuation of more than $1 trillion. LoadingSomething is…
LoadingSomething is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app The Mississippi River drought was big news when barges got stranded, receding waters revealed new historic artifacts,…
A system glitch on the NYSE caused some stocks to post huge price swings upon their Tuesday open. The exchange attributed the price swings to a “system issue” that prevented it from conducting “opening auctions.” A list from the NYSE…
Ukraine’s Volodymyr Zelenskyy fired a slew of senior officials on Tuesday. Some of Ukraine’s top civil servants are facing accusations of bribery and taking lavish vacations. Zelenskyy has since pledged to take a zero-tolerance approach to corruption in Ukraine. LoadingSomething…
House Speaker Kevin McCarthy rejected two democrats’ bids to be on the intelligence committee. McCarthy said that Reps. Adam Schiff and Eric Swalwell were not fit to serve on the committee. The two democrats served on it from 2015 to…
Indian authorities are investigating the mysterious death of a Russian lawmaker. Russian sausage magnate Pavel Antov died in India in late December and was a longtime Putin ally. In June, he spoke out against the war in Ukraine. Indian authorities…
M&Ms is making Maya Rudolph its spokesperson, sidelining its talking candy mascots. The “spokescandies” have been the face of the candy brand for almost three decades. Here’s a history of M&Ms, from the candy’s origins in a European war. LoadingSomething…
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