Even with a high yearly cost, I’m still holding onto my Chase Sapphire Reserve.
Chase Sapphire Reserve: A Pricey But Worthwhile Investment? Though I was initially thrilled about the updates to the Chase Sapphire Reserve, my excitement was dampened by the announcement of a new annual fee of $795, making it one of the priciest premium travel reward cards available. Yet, despite this increase, I find myself still inclined […]
Federal Reserve Chair Jerome Powell questioned about expensive updates to headquarters
Powell Responds to Renovation Criticism Federal Reserve Chairman Jerome Powell addressed claims on Wednesday that the central bank overspent on renovations, emphasizing that the headquarters was “really unsafe” nearly 90 years ago. “Media coverage… is misleading and inaccurate in so many respects,” Powell stated during his appearance before the Senate Banking Committee. This testimony was […]
Ohio Considers Creating Its Own Bitcoin Reserve
Simply put Ohio Rep. Steve Demetriu is advocating for the creation of a Bitcoin Reserve for the state following the passage of HB 116. He has highlighted the need for education and bipartisan support to advance cryptocurrency legislation and is prepared to reintroduce the bill if needed. Although HB 116 doesn’t specifically mention Bitcoin, Demetriu […]
The new Chase Sapphire Reserve for Business offers a welcome bonus of 200,000 points along with many travel benefits.
Chase Sapphire Reserve Launches Business Card The Chase Sapphire Reserve brand has a new addition. They’ve recently introduced the Sapphire Reserve for Business, which keeps the premium travel benefits familiar to existing Sapphire cardholders and offers business owners and entrepreneurs an annual value exceeding $2,500. The card also features an enticing welcome bonus. After making […]
Referrals to and from Chase Sapphire Reserve and Preferred cards have returned; limits on excessive referrals.
Chase unveiled a new sapphire reservoir specifically for business cards yesterday, alongside an updated version of its personal sapphire reservoir card. However, if you tried to refer someone to either card yesterday, it didn’t work—there were issues with generating referral links from existing sapphire or priority cards. Alternative methods also fell flat. Good news though! […]
Nassim Taleb Says This Asset Has Now Functionally Taken Over from the US Dollar as the World’s Reserve Currency
Nasim Taleb’s Perspective on the US Dollar Economist and bestselling author Nasim Taleb claims that a specific asset has surpassed the US dollar in its role as the primary global reserve currency. In a recent conversation with Bloomberg, Taleb expressed concerns over the dollar’s reliability and safety. He pointed to the significant sanctions imposed by […]
FHFA leader targets the Federal Reserve
In a determined attempt to shake things up, Bill Prute, the Director of the Federal Housing Finance Agency, has taken to social media in a significant way. Over the course of just a day, he’s made multiple posts advocating for the resignation of Jerome Powell, the Chairman of the Federal Reserve. This situation, while perhaps […]
Gold investors appear hesitant due to strong U.S. dollar influenced by the Federal Reserve.
Gold prices are expected to rise during Asian sessions, but sustained buying may not follow. Uncertainties in trade and increasing geopolitical tensions support the demand for safe-haven assets like gold. The Federal Reserve’s hawkish stance has pushed the USD to a weekly high, limiting gold’s gains against the dollar. Gold prices (XAU/USD) saw some interest […]
Trump criticizes Powell and hints at appointing himself to the Federal Reserve
President Trump has suggested ramping up his criticism of Federal Reserve Chairman Jerome Powell and expressed a desire to join the central bank himself. “Maybe I should go to the Fed,” Trump speculated from the White House on Wednesday, just hours before the Fed was set to announce its latest decision on interest rates. “Am […]
JPMorgan Chase is increasing the yearly fee for its popular Sapphire Reserve card by 45%.
JPMorgan Chase Raises Fees on Sapphire Reserve Credit Card JPMorgan Chase is increasing the annual fees for its popular Sapphire Reserve Credit Card by 45%, in an effort to attract high-income millennials. On Tuesday, the bank announced that the cards targeting travelers and food enthusiasts will now cost $795 annually, a significant jump from the […]