Deficit Doubling as US Economy Grows Shows Why Yields Are at 5%
(Bloomberg) — In a year when the US economy exceeded almost everybody’s expectations, the underlying federal deficit roughly doubled, spotlighting a dire fiscal trajectory likely...
Bitcoin price surge drives BTC-related stocks to new multiweek highs By Cointelegraph
[ad_1] © Reuters Monday’s (BTC) price surge has catapulted Bitcoin-related stocks to new heights, with the likes of Coinbase (NASDAQ:) and MicroStrategy posting new multiweek...
I Am Still SCARRED From 2009… Interest Rates Have To Come DOWN
In a recent statement, Elon Musk declared, “interest rates have to come down.” These words, coming from the world’s richest man, carry significant weight,...
Expert advice to help Web3 companies survive precarious economic times By Cointelegraph
[ad_1] No industry, and no business, is a fan of economic uncertainty, and many financial experts consider the current global market to be precarious. While...
Jamie Dimon Criticizes Central Banks for ‘Dead Wrong’ Forecasts
(Bloomberg) — JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said the fact that central banks got financial forecasting “100% dead wrong” about 18...
California bill aims to cap crypto ATM withdrawals at $1K per day to combat scams By Cointelegraph
[ad_1] California legislators have proposed a new bill titled “Digital financial asset transaction kiosks,” calling for a cap on crypto ATM withdrawals of $1,000 per...
A Major Driver of US Equities in the Past Decade Is Fading Fast
(Bloomberg) — Corporate America’s spending on share buybacks, a driver of the US stock market rally for over a decade, is slowing in the face...
Top Lawyer Estimates Odds of SEC’s Victory, SHIB Army Receives Critical Warning, Michael Saylor Shared Evidence His BTC Strategy Is Good Play: Crypto News Digest by U.Today By U.Today
[ad_1] © Reuters. Top Lawyer Estimates Odds of SEC’s Victory, SHIB Army Receives Critical Warning, Michael Saylor Shared Evidence His BTC Strategy Is Good Play:...
Binance seeks regulation in Argentina amid rising crypto adoption By Investing.com
[ad_1] The Latin American VP of Binance, Min Lin, has expressed the company’s intent to become a regulated entity in Argentina once the country enacts...
$44,354,000,000 Exits Bank of America, Morgan Stanley and BNY Mellon in Three Months As Deposit Flight Refuses to Relent
Three US financial titans just witnessed the flight of $44.354 billion in deposits in a single quarter. According to Bank of America’s (BofA) most recent...