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Moody’s Downgrades US Credit Score, Strips Final AAA Rating on Mounting Debt Concerns
Moody’s has joined the two other major rating agencies in determining that the US is no longer fit to hold a AAA credi...

China Dumps $18,900,000,000 in Treasuries as US Government Faces Major Dilemma: Macro Analyst Luke Gromen
China sold off billions of dollars worth of US Treasuries between February and March, according to new government data. An update from the Treasury Department shows China’s US Treasury holdings drop...

‘Epidemic of Scams’ Flooding Instagram and Facebook Affecting Many Different Industries, Says Meta: Report
Meta executives are reportedly acknowledging a serious new problem with scams affecting its social media platforms. A spokesperson for Meta, the parent company of social media behemoths Instagram and ...

Partner at $56,300,000,000 Venture Capital Firm Has Phone Number, Address and Other Details Stolen in Coinbase Hack: Report
The thieves responsible for the recent security breach of US-based crypto exchange Coinbase have reportedly obtained the personal information of a managing partner at Sequoia Capital, the $56.3 billio...

US Stock Market Looks More Favorable Now Than Pre-Trade War, According to Fundstrat’s Tom Lee – Here’s Why
Fundstrat’s head of research Tom Lee believes that US equities are in a much better position now compared to the period before Trump ignited a trade war. In a new interview on CNBC Television, Lee s...

Amazon claims it’s ‘constantly inviting’ new customers to Alexa Plus
Yesterday, Reuters ran a story with the headline “Weeks after Amazon’s Alexa+ AI launch, a mystery: where are th...

Shares of Chinese Apparel Firm in Choppy Trading After Announcing $800,000,000 Bitcoin and Crypto Investment Strategy
Shares of a Chinese investment holding company have been volatile since the firm rolled out an $800 million Bitcoin (BTC) and crypto investment plan earlier this week. On Thursday, the Shenzhen-based ...

A Dozen New Defendants Charged in Alleged RICO Conspiracy Tied to $263,000,000 Crypto Theft
The U.S. Department of Justice (DOJ) is charging a dozen new defendants under the RICO Act for allegedly taking part in a multimillion-dollar crypto theft. In a new press release, the DOJ says that it...

Big Short’s Michael Burry Abruptly Sells Everything – Except for One ‘Recession-Proof’ Asset
“Big Short” hedge fund manager Michael Burry, known for predicting the 2007 collapse of the housing market, just ini...

JPMorgan Chase Customer Loses $387,000 in Bank Scam Sparked by a Single Phone Call: Report
Police say a pair of scammers successfully tricked a JPMorgan Chase customer into handing over hundreds of thousands of dollars. The unnamed 61 year-old female victim received a phone call from someon...