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What's behind the $4B cut in federal funding for California's high-speed rail? CBS News
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Multiple people dead after shooting at fast food restaurant in southern Idaho AP NewsLaw enforcement searching for shooting suspect in Twin Falls KMVT'Shots just kept coming:' Witness describes chaos surrounding Twin Falls In-N-Out shooting KTVBMultiple dead, others injured in shooting at In-N-Out in Twin Falls, Idaho, officials say CNN
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Exclusive | Situational Awareness Down 67% in July in AI Stock Rout WSJHis Wedding Guests Were Arriving—Just as His $45 Billion Fund Was Falling Apart WSJLeopold Aschenbrenner Built a Hot A.I. Hedge Fund. Then it Melted Down. The New York TimesHow Leopold Aschenbrenner built a $45 billion AI hedge fund — and lost most of it in days CNBC
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About 145 million American adults say that they own or have owned cryptocurrency. Statistically, that's more than half of your co-workers, neighbors and friends.
It's also about the number of Americans who own stocks.
Even though it's not regulated by a government agency, cryptocurrency is becoming mainstream. However, President Biden recently signed an executive order to address cryptocurrency risks with a whole-of-government approach that could make cryptocurrency even more attractive to investors as well as traditional banks and credit unions.
SEE MORE Crypto Has Been Through the Wringer in 2022: What Now?
For the near term though, cryptocurrency remains a volatile, speculative asset that will likely continue its gut-wrenching booms and busts. That's not to say that cryptocurrency doesn't belong in a well-diversified portfolio, but I recommend that my clients first educate themselves about cryptocurrency before deciding whether or not to invest.
As Warren Buffet said about investing in cryptocurrency: "I get into enough trouble with the things I think I know something about. Why in the world should I take a long or short position in something I don't know about?"
Here are some important concepts to get comfortable with.
How Cryptocurrency Works: The Basics
Say you order a new set of patio furniture online. A credit card company or p
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Oil prices rose slightly Thursday as a panel of OPEC and its allies met to review record oil supply cuts, even as the market remained concerned about additional coronavirus cases reported in parts of the United States and China.
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