Oil prices surged and the stock market’s “fear gauge” spiked as the war between the U.S. and Iran escalated again on Wednesday. Violence in the Middle East continues to impede traffic through the Strait of Hormuz, while even exponential growth for AI-related companies is letting down investors, traders and speculators. “We’ll be hitting them hard,”…
Most of the world’s top cryptocurrencies, including Bitcoin (BTC +1.04%) and Ethereum (ETH +0.36%), have struggled over the past year as inflation, fears of interest rate hikes, and other macro challenges drove investors toward more conservative investments. Bitcoin, which set a record high of over $126,000 last October, now trades at around $64,000. Ethereum, which…
Zoran Pucarevic / Shutterstock.com Medicare Advantage plans have seen big changes over the past year, and that has resulted in retirees being less satisfied with these plans, according to J.D. Power’s latest annual U.S. Medicare Advantage Study. During the past 12 months, major shifts have impacted outpatient care costs, out-of-pocket prescription costs and provider networks….
My media feeds always feature privacy threats. But one that seems salient to a broad audience today is the Flock automated license plate reader (ALPR) network. In Kansas, an important response to Flock cameras is taking shape. The Kansas Justice Institute has filed a lawsuit against the city of Wichita, arguing that the use of…
China’s financial system is operating in an increasingly complex landscape shaped by profound structural transformations and evolving macroeconomic conditions. Technological innovation, demographic change, and the transition to a greener economy are interacting with more immediate challenges, such as subdued domestic demand and increasing fragmentation of the global economy. In this environment, monetary policy and financial…