Elite Hedge Fund's GameStop Bet Nets Millions Amid Meme Stock 400% Surge

Elite Hedge Fund's GameStop Bet Nets Millions Amid Meme Stock 400% Surge

Renaissance Technologies, an elite hedge fund, strategically acquired 1 million GameStop shares last quarter, reaping...

US Dollar Dominates Amid Global Economic Shifts

The US dollar continues to flex its muscles in 2024, driven by strong economic data...

Precious Metals "Red Hot" Rally Set to Continue, Say Strategists

Gold, silver, and platinum prices have surged following softer-than-expected U.S. inflation data, which raises the...

Copper Short Squeeze Rocks Global Markets as US Prices Soar

A massive short squeeze in New York has sent copper prices skyrocketing, with the Comex...

Silver's Surge: Catching Up to Gold with Strong Industrial Demand

Silver is finally catching up to gold, with a year-to-date gain of 17.6% as of...

"Russian and Chinese are brothers forever" – Putin and Xi Challenge Western Dominance

During his visit to Beijing to mark 75 years of diplomatic relations, Russian President Vladimir...

Sticker Shock: Buying a Car in the US is More Expensive Than Ever

Despite improved production, car prices in the US remain sky-high due to lingering pandemic effects...

Six of Eight Fed Inflation Categories are Above the 12-month Trend

This analysis takes the BLS inflation data and recalculates the percentage changes at the category...

Powell Signals No Rate Hike Despite Persistent Inflation

Federal Reserve Chair Jerome Powell indicated that the central bank is unlikely to raise interest...

Dow Nears Historic 40,000 Milestone Amid Optimism

U.S. stocks opened higher with the Dow Jones Industrial Average approaching the 40,000 mark, driven...

Jamie Dimon's Inflation Alarm: High Rates and Economic Challenges Ahead

JPMorgan CEO Jamie Dimon warns that inflationary forces are poised to keep interest rates elevated...

Poorer Americans Bear the Brunt of High Interest Rates

High interest rates are disproportionately impacting low- and moderate-income families, causing more Americans to fall...

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