Analysts expect OPEC+ to gradually ease crude output limits at the June 1 meeting, according to IBD. OPEC+ are also expected to consider a nuclear deal between Iran and Western…
Saudi Arabia saw a 75% year over year surge in oil exports, reaching a value of nearly $14 billion in March, according to Oilprice.com. Crude now accounts for about 70%…
Ethereum enthusiasts and strategists expect it to eclipse bitcoin as the world’s largest digital token by market value, Bloomberg reports. Ether is expected to benefit from greater innovation and more…
Deutsche Bank faces fines after U.S Fed warned it of weaknesses of anti-money laundering controls, according to the Wall Street Journal. Fed told Deutsche Bank that it is backsliding despite…
A bill seeking to legalize marijuana and build social equity has been brought to the U.S House, according to Marijuana Moment. Sponsored by Judiciary Committee Chair Jerrold Nadler, the legislation…
Palantir Technologies has been awarded a $111 million contract to provide a command platform for U.S special operations, according to the company’s press release. The one year contract includes an…
Investors placing bets against AMC Entertainment Holdings Inc have lost as much as $1.3 billion this week, according to Bloomberg. The stock is up 120% this week and has been…
U.S personal incomes fell by 13.1% in April to hit $3.21 trillion, according to the Bureau of Economic Analysis press release. The decline followed a rise in personal outlays which…
The Turkish Lira sank about 1.1% to trade at 8.5981 per dollar on rising concerns of loose monetary policy, according to Bloomberg. Investors grew worried of inflationary pressures on loose…
The Securities and Exchange Commission has revealed an Ethereum exchange traded fund filed by WisdomTree. The approval of WisdomTree’s Ethereum ETF would allow retail traders in the U.S to buy…
Japan’s central bank is casting doubts on bitcoin after recent volatilities, according to Bloomberg. Governor Haruhiko Kuroda says bitcoin can barely be used as a means of payment due to…
Two inactivated vaccines from China’s Sinopharm successfully suppressed Covid-19, according to Bloomberg. The findings, published by a U.S medical journal, found the shots to be 72.8% and 78.1% effective against…