May 19, 2023

The S&P 500 responded positively this week to investor hopes of a deal being struck to extend the U.S. government debt ceiling.  As the June 1 deadline for a U.S. default pushes closer, both President Joe Biden and House Speaker Kevin McCarthy have given reassurances that a deal is in the works. Hopes among investors […]

The New York Federal Reserve published results from a joint study conducted with the Monetary Authority of Singapore (MAS). Cross-border and cross-currency payments can effectively utilize Central Bank Digital Currency (CBDC) systems operating on diverse networks, the study shows. The research, part of the Project Cedar/Project Ubin collaborative, demonstrates that distributed ledger tech (DLT) could support

TROY, Mich., May 18, 2023 /PRNewswire/ — The Editorial Advisory and Securities Review Committee of BetterInvesting Magazine today announced Booking Holdings Inc. BKNG as its “Stock to Study” and Skyworks Solutions Inc. SWKS as its “Undervalued Stock” in the August 2023 issue for investors’ informational and educational use. “BetterInvesting is distinctive – there’s nothing quite like

Prominent activist investor Carl Icahn has acknowledged his error in placing a substantial bet on a market crash, ultimately resulting in his group suffering losses of nearly $9 billion over six years. The net asset value of Icahn Enterprises LP IEP decreased from $7.9 billion in 2017 to $5.6 billion this month, posing a potential issue for Icahn, as

Renowned AI pioneer Yoshua Bengio reaffirms his support for Elon Musk’s camp against rapid artificial intelligence developments.  What Happened: Joining a growing group of AI experts sounding the alarm about the swift deployment of powerful large language models, Bengio, who, along with Geoffrey Hinton and Yann LeCun received the Turning Award in 2018, has cautioned that the rapid introduction of AI products by big tech companies has become

Authored by Joseph Solis-Mullen via The Libertarian Institute,  Writing pseudonymously in a series of articles for Faith and Freedom in the 1950s, Murray Rothbard took on the question of whether or not the United States should defend Formosa (Taiwan) from attack by mainland China. While his conclusions will surprise no one familiar with his work (that war

Momentum investing is all about the idea of following a stock’s recent trend, which can be in either direction. In the ‘long’ context, investors will essentially be “buying high, but hoping to sell even higher.” And for investors following this methodology, taking advantage of trends in a stock’s price is key; once a stock establishes

MAPS’ Psychedelic Science 2023 is taking place this June in Denver. The show, hosted by producers of Netflix’s NFLX “Have a Good Trip: Adventures in Psychedelics,” Good Trip Studios and AEG Presents Rocky Mountains, features performances by comics Eric Andre and Reggie Watts with live music by The Flaming Lips, on June 22.  Titled “Have a Good Trip,” the experience