It was a “don’t make me come back there” moment from the Federal Reserve.

A line from the minutes of the central bank’s December policy meeting released Wednesday afternoon was taken by analysts and economists as a warning to financial market participants that bets on a policy pivot in 2023 aren’t welcome. And, to the extent that equity rallies and other financial market developments loosen overall financial conditions, those wagers will only force the Fed’s policy-setting Federal Open Market Committee to prolong the pain necessary to bring down inflation.

Read: No…….

Spectacular cryptocurrency failures in 2022 have raised the stakes for the industry amid questions about the enduring viability of a technology that advocates say has the potential to revolutionize finance.  

The crypto market lost trillions in valuation last year, spurred by the crash of the algorithmic stablecoin TerraUSD in May and the failure of FTX, one of the largest crypto exchanges, in November. With a total global market cap once put at close to $3 trillion, the industry now has a value that CoinMarketCap, a site that tracks prices, puts closer to $800 billion. 

In Co…….

Immunefi, a bug bounty and security services platform for the Web3 ecosystem, published a report on Jan. 6 revealing that the crypto industry lost a total of 3.9 billion dollars in 2022. 

According to the report, hacks were found to be the main cause of the losses, accounting for 95.6% of the total, with fraud, scams, and rug pulls comprising the remaining 4.4%. Immunefi also found that decentralized finance (DeFi) was the most targeted sector, suffering 80.5% in losses, compared to centralized finance (CeFi) which suffered a loss of 19.5%. According to the report:

“DeFi has su…….

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When it comes to investing, you may know less than you think — and that overconfidence may be costly.

Almost 2 out of every 3 investors rate their investment knowledge highly, and 42% are comfortable making investment decisions, according to a recent report published by the Financial Industry Regulatory Authority. Younger investors ages 18 to 34 were more likely to be confident than those in older age groups (35- to 54-year-olds and those over age 55).

However, investors with more confidence also disproportionately answered more questions inc…….

Last year was a big one for crypto venture capital despite multiple high-profile meltdowns and the FUD (fear, uncertainty, and doubt) tsunami that followed. However, the funds may not flow as easily this year, a crypto researcher warns.

The number of deals and amount invested by venture firms into Web3 and crypto startups was a little over $30 billion in 2022, according to Galaxy Research

Galaxy’s head of firmwide research, Alex Thorn, described it as a “monster year” that was only just eclipsed by the $31 billion in VC investments in 2021.

However, in a Jan. 5 repor…….

A lot of personal finance exists in an idealized world where people keep debt to a strict minimum and take a maximal approach to saving and investing.

We have just started a year where a lot of people will compare their own situations to the ideal and feel like they don’t measure up. Nothing good will come of this – just frustration, shame and disengagement.

What we need is a benchmark showing what’s normal in each age group …….

16.

“Three things that helped: 1) Think about what percentage of your monthly income goes for rent and bills. Divide the rest by 30 so you know roughly how much your daily spending should be. When (not if) you go over that limit, you can balance things by spending the next one to three days less so you get back on track. You’ll be surprised how much this helps in the long run.”

2) Don’t try to save money. Instead, take a notepad and divide one page into three column…….

Sales of U.S. Enameled Cookware Market are likely to expand at 6.45% CAGR through 2033. Great Jones, Segretto cookware, Dutch Pot, are some of the start-ups in the enamelled cookware market. The Pans segment generates high revenue in the enameled cookware market.

/EIN News/ — NEWARK, Del, Jan. 05, 2023 (GLOBE NEWSWIRE) — According to Future Market Insights, the global enameled cookware market is currently valued at US$ 1.95 Billion in 2023 and is anticipated to expand at a CAGR of 6.45%. Owing to the technological advances in healt…….

What if, this January, you ignored all the voices telling you what you “should be” and instead focused on finding the healthful habits that feel right for *you*? With ReNew Year, the only thing we’re detoxing from is a restrictive mindset. Pick a goal—movement, food, self care, or all three—and hit refresh. Get the Program

Sure, you shared your holiday wishlist with your loved ones to spare them the pressure of trying to buy you something you’ll actually like, but let’s be honest: There’s always an item or two that …….

On a sunny afternoon last December, a middle-aged woman angrily walked out of 88-year-old Sherry-Lehmann, once the royalty of Manhattan wine and spirits stores. “I was shopping for a gift bottle of tequila for my boss,” the woman said, as she waited to cross Park Avenue. “But the salesperson tells me there’s only one bottle of tequila in stock and it costs $4,200. I like my boss, but not that much!”

Back inside the shop, another woman stands at the counter, frowning. She asks why she hasn’t received an overdue $200 refund. “It takes …….