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The Senate Banking Committee explored the state of housing in the United States in a hearing Thursday, as rising mortgage rates, low inventory and high home and rental prices squeeze consumers.
The price of bitcoin and other cryptocurrencies are falling Monday, after the major crypto lender Celsius halted all withdrawals citing "extreme market conditions."…
Meltdowns in the cryptocurrency space are common, but the latest one has served as a vivid reminder that investors, both professionals and rookies, can be rolling the dice when putting money into digital assets.
The U.S. will close the last avenue for Russia to pay back its billions in debt to international investors on Wednesday, making a Russian default on its debts for the first time since the Bolshevik Revolution all but inevitable.
It's been a wild week in crypto, even by crypto standards. Bitcoin tumbled, stablecoins were anything but stable and one of the crypto industry's highest-profile companies lost a third of its market value.
Investors remain largely convinced that Russia will eventually default on its debts for the first time since 1917. The major ratings agencies Standard & Poor’s and Moody’s have declared Russia is in “selective default” on its obligations.
As the West moved to cut off Russia’s access to its foreign reserves, limit imports of key technologies and take other restrictive actions, the Kremlin launched some drastic measures to protect the economy.
The Russian ruble has bounced back to almost its full value since before the West imposed economic sanctions on Russia over its invasion of Ukraine.
Ordinary Russians are facing the prospect of higher prices as Western sanctions over the invasion of Ukraine sent the ruble plummeting.
COVID-19 has become one of the three top leading causes of death in America, behind the big two — heart disease and cancer. To public health experts, the milestone is made all the more tragic because so many of the…
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