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During an interview on CNBC, Wharton’s Professor Jeremey Siegel, who is also the Chief Economist at WisdomTree calls for 0.75% emergency rate cut by the FED.
A recent analysis reveals that significant declines in just 10 S&P 500 stocks, including major players like Nvidia, Microsoft, and Amazon, have erased over $2 trillion from investor portfolios since mid-July.
A prominent on-chain analyst predicts that the US government might eventually return up to 100,000 seized Bitcoin to their original owners.
After a dramatic $1 billion liquidation wave among leveraged crypto traders in the past 24 hours, Justin Sun, the founder of Tron (TRX), has unveiled a major relief initiative.
Berkshire Hathaway, led by Warren Buffett, saw a 15% rise in after-tax operating profits for the latest quarter, driven by substantial gains from its investment in Apple.
Today is a dark day for the global finanace as every market experienced a significan crash – from the U.S. and Japanese stock markets to crypto.
The U.S. Federal Reserve has called for an emergency meeting to address the recent dramatic downturn in global markets.