Black Thursday

Author of the article: Reuters Anisha Sircar and Amruta Khandekar Latin American currencies plunged on Tuesday as the dollar surged after data showed monthly U.S Financial Post Top Stories Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc. By clicking on…

How to cash out — The rise of crypto-to-fiat Karen Shidlo · 5 days ago · 3 min read Cashing out of crypto remains a struggle, as centralized exchanges leave their users with the task of finding an exchange that allows off-ramping to the currency of their choice. 3 min…

COLOMBO: The World Bank said Friday it would not offer new funding to Sri Lanka unless the bankrupt island nation carried out “deep structural reforms” to stabilise its crashing economy. Sri Lanka has suffered an unprecedented downturn with its 22 million people enduring months of food and fuel shortages, rolling…

Attending the annual Mining Disrupt conference was an interesting journey this week. Something about the whole hashing industry is a little bit unsettling, because while I think there are actually a lot of well-meaning people in the industry, I’m certain that almost none of them realize that they have only…

Samerson Orias was working as a line cook last year in the rural Philippines when his friend told him he could make way more money playing a new video game. Orias was earning about 4,000 pesos a month (about $80, a little less than half the national minimum wage) making…

A handful of American consumers–especially tourists visiting Europe–stand to benefit from the U.S. dollar’s recent strengthening against the euro, but the wider impact on the U.S. economy may not be as positive. The euro, the single currency of much of the European Union, has been tumbling over the last year-and-a-half.…

As the UK economy teeters on the edge of recession, investors are bailing on the pound. Author of the article: Bloomberg News Alice Gledhill m)mfx5vpm{ssg0{i0}i9twei_media_dl_1.png Bloomberg RSS (Bloomberg) — In the words of AllianceBernstein economists this week: “The UK economy is being pulled apart.” Advertisement 2 This advertisement has not loaded…

Photo: Rawpixel.com (Shutterstock) Start by looking at your spending habitsSmith says to examine at least the last 90 days of your spending to see where exactly your money is going. When it comes to the idea of “cutting back,” many people panic and assume their way of life will have…

Francesco Carta Fotografo | Moment | Getty Images Carnage in the crypto market won't let up, as token prices plummet, companies lay off employees in waves, and some of the most popular names in the industry go belly up. The chaos has spooked investors, erasing more than $2 trillion in…

As inflation continues, the U.S. is heading towards a massive economic crash, according to stockbroker Peter Schiff. Schiff, who is the chief economist and global strategist of Euro Pacific Capital, took to Twitter on Thursday to voice his predictions for the U.S. economy. Many people have finally gave up on…