US equities, bitcoin par losses while yields rise on deficit fears
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. Assets whipsawed to start the week...
Deficit
Bitcoin faces pressure as US trade deficit hits $301 billion
The U.S. has recorded an unprecedented two-month goods trade deficit totaling $301 billion amid corporate efforts to front-run anticipated tariffs,...
Kyrou scores twice to help Blues erase three-goal third-period deficit and beat Chicago 7-5
ST. LOUIS -- - Jordan Kyrou scored twice, and Justin Faulk, Jake Neighbours and Brandon Saad also scored in the...
‘Black Swan’ Author Notes Sinking Valuation Of Jack Dorsey Tweet NFT — Says Such Investing A Sign Of ‘Mental Deficit’ – Block (NYSE:SQ)
In a recent tweet, Nassim Nicholas Taleb, author of “Black Swan,” criticized the investment in Non-Fungible Tokens (NFTs), calling it...
Nevada asks for Prime Trust to be put in receivership, reports $82M deficit
Regulators in Nevada filed a court petition to place Prime Trust LLC in receivership, according to an official press release...
Biden budget proposal aims to reduce deficit by $74M in 2024 via energy tax on crypto miners
Ad The Biden administration has proposed a new tax on crypto mining, as seen in a 2024 budget plan published...
Midas Investments closes down amid $63M DeFi portfolio deficit By Cointelegraph
Custodial investment platform Midas will close down operations because of a $63.3 million deficit in its decentralized finance (DeFi) portfolio....
Celsius says it owes its users US$4.72B amid a US$1.19B balance sheet deficit
A day after filing for Chapter 11 bankruptcy, Celsius Network disclosed a US$1.19 billion deficit in its balance sheet in...
Vauld Discloses $70 Million Asset Deficit; Seeks Repayment Moratorium
Vauld has disclosed a shortfall of $70 million to its creditors, days after the crypto platform suspended withdrawals, deposits, and...
CoinFLEX deficit rises to US$84 mln, enters recovery arbitration
CoinFLEX has entered arbitration in the Hong Kong International Arbitration Centre (HKIAC) to recover US$84 million from a “large individual...