Category: Finance

“Dr. Doom” Roubini says outright that Bitcoin’s “intrinsic value is zero.”

Nouriel Roubini, a well-known economist known as “Dr. Doom,” has been downbeat about Bitcoin, saying that its “intrinsic value is…

Xi Jinping mentions double carbon target Chinese scholars: pushing back economic and social reforms

China’s General Secretary Xi Jinping recently announced the promotion of “carbon peaking” and “carbon neutral” goals. Chinese scholars said that…

Kangmei Pharmaceutical auditors fined heavily for financial fraud of tens of billions

Stock movements within the Shanghai Stock Exchange on September 22, 2015. In a recent development in the financial fraud case…

U.S. Credit Card Giant Visa Involved in Monopoly Justice Department Investigation

Visa, the nation’s largest credit card finance company, is facing an antitrust (anti-trust) investigation from the Justice Department, the Wall…

Most Americans feel overtaxed and oppose any new taxes

A majority of Americans believe they are already taxed too much and oppose any new tax increases, according to the…

U.S. overly dependent on Taiwan semiconductors Commerce Secretary Raimondo ready to deal with shortage

The U.S. National Security Council on Artificial Intelligence (NSCIA) has warned that the United States is overly dependent on semiconductor…

Allianz chief advisor: the Fed may lose control of the debt market

Famous macroeconomist Erian (Mohamed El-Erian) Friday (March 19) interviewed by Yahoo Finance, he believes that the U.S. Federal Reserve may…