All About Everything

Inside Pictet, the Secretive Swiss Bank for the World's Richest People

From their Geneva perch, they oversee more than 600 billion francs ($662 billion) in assets under management and a level of profitability far beyond larger, publicly-listed peers, often rewarding each of them with more than 20 million francs a year.

1st Circuit adopts 'irrevocable liability' test – and why 'Morrison' matters in the crypto age

If that transfer happens outside of the U.S., then federal securities laws don't apply. There is an important caveat to the rule. The SEC can still go after issuers engaged in foreign transactions, ...

Gas Pumps Run Dry in US South as Pipeline Shutdown Bites

Motorists across a broad swath of the U.S. East Coast and South are struggling to find gasoline and diesel as filling stations run dry amid the unprecedented pipeline disruption caused by a criminal hack. From Virginia to Louisiana, convenience stores and ...

Transitory or Not, Signs of Inflation Are Roiling Asset Markets

Investors have become fixated on widespread signs of price pressures as commodities like copper and lumber surge to records, and the bond market's expectation for inflation over the next decade climbs to an eight-year high. The ...

OPEC pins oil demand hopes on second-half recovery as India dents Q2

OPEC on Tuesday stuck to its prediction of a strong recovery in world oil demand in 2021 as growth in China and the United States counters the coronavirus crisis in India, an outlook that bolsters the group's plan to gradually ease output cuts. In a monthly ...

India's Oil Demand Spared 2020 Collapse Despite Covid Crisis

The brutal Covid-19 wave sweeping across India tallying grim daily records has surpassed the severity of the 2020 outbreak. On the surface, the near-term outlook looks bleak for oil refiners, but a closer look reveals marked differences between this year's ...

Fuel shortages crop up in Southeast, gas prices climb after pipeline hack

Washington Post

Washington Post

In Atlanta, 1 of every 5 gas stations was reported to be out of fuel Tuesday evening. "Look how crazy we're all getting, over every ...

Fed officials sift through tea leaves of weak US jobs data

Federal Reserve officials grappled on Tuesday with April's surprisingly weak employment growth, maintaining faith in the U.S. economic rebound but acknowledging the pace of the jobs recovery may prove choppier than anticipated. The United States added ...

Have Ether Prices Become Overheated After Their Latest Gains?

Forbes

Forbes

Ether prices have been on a tear lately, breaking through both $3,000 and $4,000 just this month as many altcoins (cryptocurrencies besides bitcoin) rally during this latest bull market. The digital currency, which serves as the native asset of the Ethereum ...

What Can China Do to Control Record Commodity Prices?

The surging cost of commodities to industries and households is a threat to China's economic growth and the purchasing power of its citizenry. As prices soar for everything from the copper and steel used in construction, to the coal that heats homes and ...