Financial journalist and Bitcoin advisor, Max Keiser, recently took to social media to sound the alarm on the rapidly increasing national debt of the United States. With the U.S. national debt hitting a new all-time high of $35.27 trillion, Keiser warned that the fiat U.S. dollar is on the verge of collapse, possibly within the
The airline industry, which once was focused on expanding fleets and adding new jets to meet increasing demand, is now facing a significant shift in strategy. Cash-strapped low-cost and deep discounter airlines, such as Spirit Airlines, JetBlue Airways, and Frontier Airlines, are putting off spending billions of dollars on new aircraft. The primary reason behind
The U.S. election is considered “U.S. dollar positive” by Citi strategists, with trade and tariff policies expected to be the primary drivers of a bullish USD outlook. The potential for increased tariffs, particularly those targeting China, is seen as a key factor that could strengthen the dollar. Currencies such as the Chinese yuan, euro, Mexican
In the world of cryptocurrency, every move is scrutinized and analyzed for potential market impact. Recently, a whale or institution deposited a significant amount of Bitcoin to the Binance exchange, raising questions about the intent behind this move. While some believe that deposits signal a readiness to sell, others speculate that it could be part
Netflix has been on a winning streak, hitting a record high in August with shares soaring above $700. Analysts are optimistic about the stock’s future potential, with many believing that there is more upside from here. Despite facing competition in the streaming sector and a slowdown in consumer spending, Netflix has managed to outperform, with
The legalization of adult-use marijuana in New York state has paved the way for a new era of cannabis consumption, with licensed dispensaries now offering high-end cannabis products in luxury retail settings. The Travel Agency on Fifth Avenue is one such example, where shoppers can purchase not only premium jewelry and clothing but also locally-grown
Goldman Sachs has identified CAE as a stock that is currently flying under the radar. The Canadian training and simulation provider has seen its shares dip by 17% this year, but analyst Noah Poponak believes that this presents a buying opportunity. The company has been unfairly punished due to struggles in its civil aviation and
The traditional concept of ownership is undergoing a significant shift in American society. With affordability concerns at the forefront, more individuals are opting to rent various goods and services instead of purchasing them outright. According to a recent report by Intuit Credit Karma, the rental industry has experienced exponential growth, encompassing everything from cars, apartments,
The U.S. dollar managed to gain ground on Friday following the release of key inflation data that aligned with forecasts. Both personal spending and income saw an increase, reinforcing the expectation that the Federal Reserve is set to implement a smaller interest rate cut of 25 basis points in the upcoming month, as opposed to
The Food and Drug Administration has recently granted emergency use authorization for Novavax’s updated protein-based Covid vaccine for individuals aged 12 and older. This approval opens up the competition between Novavax and the well-known Pfizer and Moderna vaccines during the fall and winter seasons. Novavax’s latest vaccine is specifically designed to target the highly transmissible