By Wolf Richter for WOLF STREET: The S&P 500 gained 24% in 2024 and 53% over 2023 and 2024 combined, which was a huge two-year gain, reminiscent of the Dotcom bubble at the end of the 1990s, after […]
From a brewing trade war to opportunities on the global stage, here’s what we’re watching in the new year. Welcome to Foreign Policy’s China Brief. This was a relatively quiet if depressing year for China. But […]
The incident closes a year that has seen an uptick in high-profile cyberattacks on the United States. A ‘Major’ Breach The U.S. Treasury Department said on Monday that Chinese state-sponsored actors had hacked into some […]
Crypto mining in ten Russian regions is limited or completely banned starting Wednesday. The restrictions introduced in areas facing electricity shortages will remain in force until March 15, 2031. The list of regions affected […]
Volkswagen Group will spend $69 million on a 9.9 percent stake in lithium miner Patriot Battery Metals Inc. to secure raw materials for electric vehicles. The investment marks the European carmaker’s first investment in the […]
Chinese state-sponsored hackers breached the US Treasury Department’s computer security guardrails this month and stole documents in what Treasury called a “major incident,” according to a letter to lawmakers that Treasury officials provided to […]
Prices are still way too high, but… “Buyers are in a better position to negotiate as the market shifts away from a seller’s market”: NAR. By Wolf Richter for WOLF STREET. Pending home sales – a forward-looking indicator […]
“Extraordinary measures” may be needed soon to prevent nation from defaulting on its obligations, Janet Yellen has told Congress US Treasury Secretary Janet Yellen has said the federal government will hit its debt limit as […]
By Wolf Richter for WOLF STREET. Treasury yields and the now un-inverted and nicely steepening Treasury yield curve passed another landmark on Friday, maybe the first such landmark ever: While the Fed cut its policy rates by a […]
Spark30S Atlantic freight rates were at $23,500 per day this week, and Q4 2024 continues to price in as the lowest quarter on record for a 174 2-stroke vessel in the Atlantic basin, Qasim Afghan, […]
Copyright © 2026 | Sandstone Group