Oil prices soared and investors shifted more money into ultra-safe U.S. government bonds as Russia stepped up its war on Ukraine. The price of oil surged back above $100 a barrel after Russia, a major energy producer, faced further isolation and economic damage because of its invasion of Ukraine.
While researching how Americans have been getting rich by helping the Chinese Communist Party achieve its outspoken aim of replacing the US as the "world's No.1 power," I came across the phrase "elite capture" -- their term to describe the actions of influential people in the US towards China.
When debt grows so much that people don’t believe the Treasury will pay it, they sell their bonds and buy other things, sending prices through the roof.
Federal prosecutors are investigating if short-sellers conspired to drive down stock prices by sharing "damaging" research reports ahead of time and engaging in illegal trading tactics, The Wall Street Journal reports Wednesday.
