Shares of Coinbase Global Inc. have been hit hard amid a cryptocurrency selloff that has yet to show any signs of slowing.
Since its mid-November peak though, Shopify’s stock price has plunged about 45 per cent, leaving some shareholders reeling and others likely wondering whether the drop presents a good entry point.
Former Treasury Secretary Lawrence Summers said he remains worried that policy makers are complacent about inflation and he doubted U.S. consumer prices will return to a 2% pace of increases by the end of this year.
Shell Plc has dropped “Royal Dutch” from its name, part of a major overhaul of its legal and tax structure announced in December.
Three top investment banks are now expecting oil to hit $100 or more during the year, as supplies can barely keep up with a recovery in crude demand.
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