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Energy
Energy prices have dipped, but oil stocks are still a buy: Investor
Oil prices have fallen sharply from their recent peaks, but there's still a case for buying oil stocks, according to Bill Smead, chief investment officer at Smead Capital Management.That's because energy prices are likely to stay high or…
20% returns over in CeFi, DeFi lives on
PARIS — Celsius and Voyager Digital were once two of the biggest names in the crypto lending space, because they offered retail investors outrageous annual returns, sometimes approaching 20%. Now, both are bankrupt, as a crash in token…
Gas prices are falling — Here’s why it’s happening and whether it can
Gas prices are below $4 for the first time since March, but the market remains precarious and experts said it's too early to know if the move lower will hold.The national average for a gallon of gas has fallen for the last 58 straight…
27-year-old Bohemian prince raises $300,000 in NFTs to preserve and share
CNBC's MacKenzie Sigalos and William Rudolf Lobkowicz in the Family Chapel of the Lobkowicz Palace depicting an early 18th-century altarpiece painting of St. Wenceslas, patron saint of the Czech nation.House of LobkowiczPRAGUE — It is…
Coal consumption is expected to return to 2013′s record levels: IEA
Coal prices are soaring and global coal consumption is expected to return to record levels reached almost 10 years ago as the global energy supply crunch continues. While investors in coal stocks are having a field day thanks to high…
Why the U.S. is struggling to modernize its power grid
Blackouts are growing more frequent in the United States. The average American experienced just over eight hours of power outages in 2020, with overall duration of power interruptions in the U.S. more than doubling since 2015, according…
Britain’s cost-of-living crisis worsens as rents and energy bills soar
The Bank of England warned last week that the U.K. will enter recession later this year. The expected recession is forecast to be the longest since the global financial crisis.Vuk Valcic | SOPA Images | LightRocket | Getty ImagesA…
Tornado Cash crackdown by Treasury punishes honest crypto investors
A tornado is seen on a field in D'arcy, Saskatchewan, Canada June 15, 2021.Neil Serfas | via ReutersThe Treasury Department's crackdown on Tornado Cash was meant to stop criminals. But a lot of ordinary crypto investors with honest…
Celsius is trying to hire its CFO back at $92,000 a month, filings say
Embattled lending platform Celsius wants to bring back ex-CFO Rod Bolger and pay him about $92,000 a month, prorated over a period of at least six weeks. The embattled lender says it needs Bolger to help it navigate bankruptcy…
Tiger 21 says ultra rich investors are doubling down on stocks
Michael Sonnenfeldt, Tiger 21 Scott Mlyn | CNBCThe members of Tiger 21 – a peer network of ultra-high net worth entrepreneurs and investors – are putting most of their money to work in the stock market for the first time.Tiger 21…