Ethereum Plummets 30% In 5 Days From Some Bad SUSHI

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Ethereum Plummets 30% In 5 Days From Some Bad SUSHI

Since May, Ethereum has outperformed bitcoin, largely due to the decentralized finance (DeFi) frenzy, which saw numerous DeFi tokens with unaudited code and sometimes anonymous founding teams, boom in price. Ethereum has largely outperformed …
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US long-term mortgage rates fall; 30-year at 2.86%

WASHINGTON — U.S. average rates on long-term mortgages fell this week amid signs that the halting economic recovery slowed over the summer. The key 30-year mortgage again marked an all-time low. Mortgage buyer Freddie Mac reported Thursday that …
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Nestle Just Bought a Biotech Company. Here's Why.

Nestle wants to wipe out peanut allergies—and it’s buying a biotech to help make that happen. The maker of Goobers—those chocolate-covered peanuts popular at the movies—is acquiring the rest of Aimmune Therapeutics it doesn’t own. Aimmune makes …
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Brent hits five-months high on Abu Dhabi supply cuts, China data

LONDON (Reuters) – Oil rose on Monday, with Brent touching the highest in five months, underpinned by a 30% cut in Abu Dhabi crude supplies and encouraging Chinese data even as global demand struggles to return to pre-COVID levels in a well supplied …
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Japan industrial output rises for second month but retail sales fall again

TOKYO (Reuters) – Japan’s factory output rose for a second straight month in July, signaling a gradual recovery from the blow delivered by the coronavirus pandemic. But retail sales fell for a fifth straight month and at a somewhat faster pace, a worrying sign …
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