PPI September2023: Wholesale inflation rose 0.5%
A measure of wholesale prices rose more than expected in September, indicating simmering inflation pressures for the U.S. economy. The producer price index, which measures...
Consumers buckling for first time in decade: Former Walmart U.S. CEO
The draw of bargains may be fading. As three of the nation’s biggest retailers kick off a key sales week, former Walmart U.S. CEO Bill...
Inflation and war impact markets, but Paul Tudor Jones says, ‘I love Bitcoin and gold’ By Cointelegraph
[ad_1] © Reuters. Investing legend Paul Tudor Jones has revealed that he’s bearish on stocks and bullish on gold and (BTC). The two main reasons...
Something is breaking in financial markets: What’s behind the sell-off
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, September 28, 2023. Brendan McDermid | Reuters That cracking...
U.S. Treasury yields: investors weigh economic outlook
The 10-year Treasury yield, which serves as a benchmark for mortgage rates and as an investor confidence barometer, on Tuesday surged to its highest level...
FTX’s $3.4B crypto liquidation: What it means for crypto markets By Cointelegraph
[ad_1] The FTX bankruptcy lawsuit reached a key juncture in the second week of September after the United States Bankruptcy Court for the District of...
Bitcoin’s inflation-hedge theory tested as rising interest rates bring turbulence to markets By Cointelegraph
[ad_1] © Reuters. The United States economy has been facing turbulent times lately, with the U.S. Personal Consumption Expenditure (PCE) inflation index rising by a...
Ray Dalio says the U.S. is going to have a debt crisis
Roy Rochlin | Getty Images Entertainment | Getty Images Billionaire investor Ray Dalio is watching closely the “risky” U.S. fiscal situation. “We’re going to have...
U.S. is weaker now than when we downgraded in 2011
Washington, D.C. – March 17, 2023: President Joe Biden and House Speaker Kevin McCarthy speak outside the Annual Friends of Ireland Luncheon at the U.S....
European Central Bank hikes rates to record level
President of the European Central Bank (ECB) Christine Lagarde gestures as she addresses a press conference following the meeting of the governing council of the...