Month: July 2022
These Americans all left the U.S. for Mexico—here’s how they found their ‘perfect location’ and made it happen
In 2006, after years of living paycheck to paycheck in California, I decided to move to Mexico. I was 50, and a prior vacation in the beautiful coastal town of Mazatlán had convinced me that an easier, happier and more affordable lifestyle was possible. And I was right. Now, at 66, having spent the past 15 years […]
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Omicron’s newest variant might be a threat to your July 4 weekend—here’s how to stay safe
Americans are set to celebrate the July 4 holiday on Monday — and Covid’s BA.5 omicron subvariant could be an unwelcome guest at parties across the country. The new subvariant is already rapidly circulating: During the week ending on June 25, BA.5 accounted for 36.6% of the country’s reported Covid cases, according to the Centers […]
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Some experts say a recession is coming. Here’s how to prepare your portfolio
Phonlamaiphoto | Istock | Getty Images Months of stock market volatility, surging inflation and rising interest rates have left many investors wondering if a recession is coming. The stock market tumbled again on Thursday, with the S&P 500 capping its worst six-month start to a year since 1970. In all, it’s down more than 20% […]
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Bitcoin Family say they lost $1 million on their investment this year, but sold a lot at peak
‘Bitcoin Family’ opens a bitcoin beach bar in Lagos, Portugal Didi Taihuttu The “Bitcoin Family” is down more than $1 million on their bitcoin investment since the world’s most popular digital coin peaked at around $69,000 in Nov. 2021 — but patriarch Didi Taihuttu is as bullish as ever. “I’m buying bitcoin daily,” Taihuttu told […]
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Russia’s messages with missiles tell West to back off
The latest in a litany of horrors in Ukraine came this week as Russian firepower rained down on civilians in a busy shopping mall far from the front lines of a war in its fifth month. The timing was not likely a coincidence. While much of the attritional war in Ukraine’s east is hidden from sight, the […]
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Crypto hedge fund Three Arrows files for Chapter 15 bankruptcy
Crypto hedge fund Three Arrows Capital (3AC) is seeking protection from creditors in the United States under Chapter 15 of the U.S. Bankruptcy Code, which allows foreign debtors to shield U.S. assets, according to a court filing on Friday. Singapore-based 3AC is one of the biggest casualties of the latest so-called “crypto winter” to date. […]
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Texas Supreme Court blocks order that resumed abortions
Protesters march while holding signs during an abortion-rights rally on June 25, 2022 in Austin, Texas. Sergio Flores | Getty Images News | Getty Images The Texas Supreme Court blocked a lower court order late Friday night that said clinics could continue performing abortions, just days after some doctors had resumed seeing patients after the fall […]
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Blasts rock Ukraine’s Mykolaiv after Russian missiles kill 21 near Odesa
An aerial view of rescue workers carrying out operations after the Russian missile attacks where a number of people died in Serhiivka district of Odessa, Ukraine on July 1, 2022. Anadolu Agency | Anadolu Agency | Getty Images Powerful explosions rocked the Ukrainian city of Mykolaiv early on Saturday, the mayor said, a day after […]
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Recession fears flare and June jobs report looms as jittery markets head into third quarter
Investors are greeting the third quarter with greater trepidation about a recession, and that makes next Friday’s June jobs report a potentially bigger catalyst for markets than it might otherwise have been. The jobs report and Wednesday’s release of minutes from the Federal Reserve’s last interest rate meeting are expected to highlight the four-day, post-holiday […]
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Biden opens the possibility of more offshore oil drilling in the Gulf of Mexico
An oil and gas drilling platform stands offshore as waves churned from Tropical Storm Karen come ashore in Dauphin Island, Alabama, October 5, 2013. Steve Nesius | Reuters The Biden administration released a five-year offshore oil and gas drilling development plan on Friday that would block all new drilling in the Atlantic and Pacific Oceans […]
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