Fed’s Williams Says Policy Makers Have a Ways to Go Before Rates High Enough
(Bloomberg) — Federal Reserve Bank of New York President John Williams said further interest-rate increases are needed to curb inflation. Most Read from Bloomberg “I...
Italy to impose 26% capital gains tax on crypto profits By Cointelegraph
[ad_1] Italy is planning to tighten regulations on digital currencies in 2023 by expanding its tax laws to include cryptocurrency trading, according to budget documentation...
China’s gold stockpiling is dollar warning sign
Asia Times/William Pesek/11-24-2022 “One of the worst-kept secrets in global central banking is the extent to which Chinese officials are swapping dollars for gold. Governor...
Crypto trading firm Auros Global misses DeFi payment due to FTX contagion By Cointelegraph
[ad_1] Crypto trading firm Auros Global appears to be suffering from FTX contagion after missing a principal repayment on a 2,400 Wrapped Ether (wETH) decentralized...
‘Big Short’ investor Michael Burry sounds the recession alarm, warning the US economy faces a multiyear downturn
“What strategy will pull us out of this real recession?” he said in a now-deleted tweet on Tuesday. “What forces could pull us so? There...
Porsche Showcases First-Ever NFT Collection at Art Basel in Miami Beach By DailyCoin
[ad_1] Porsche Showcases First-Ever NFT Collection at Art Basel in Miami Beach Art Basel is the most popular international art fair, which provides the opportunity...
Chainlink to Introduce Staking on Ethereum on December 6, LINK Rallies in Response By DailyCoin
[ad_1] © Reuters Chainlink to Introduce Staking on Ethereum on December 6, LINK Rallies in Response Chainlink, the leading decentralized blockchain oracle network, has announced...
Gen Z and Baby Boomers Are Dropping Out of the Labor Market
Inflation is up. The stock market is down. Unemployment is just 3.5 percent. Yet labor force participation remains stubbornly low, with only 62.3 percent of...
DEX token GMX rallies 35% after beating Uniswap on trading fees for the first time By Cointelegraph
[ad_1] The price of GMX rallied to its second-highest level in history on Dec. 1 as traders assessed the decentralized exchange’s ability to evolve as...
Deflation Is Not a Problem: Reversing It Is
The yearly growth rate of the Consumer Price Index (CPI) fell to 7.7 percent in October from 8.2 percent in September. Note that in October...