Economy

Ether, Touted as Internet Bond, May Top $3K on Fed Rate Cut, Outperform Bitcoin: Omkar Godbole
Bitcoin, Ether Nurse Losses as Dollar Strengthens Ahead of U.S. Inflation Report
Bitcoin, Ether Nurse Losses as Dollar Strengthens Ahead of U.S. Inflation Report

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Last updated 3 mins ago

‘Overbought’ Bitcoin Drops Below $64K as ISM Manufacturing Data Looms: 10x Research
‘Overbought’ Bitcoin Drops Below $64K as ISM Manufacturing Data Looms: 10x Research

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U.S. Leading Economic Indicators Continue to Fall, No Longer Signal Recession
U.S. Leading Economic Indicators Continue to Fall, No Longer Signal Recession

The leading U.S. economic indicators are still pointing to a slowdown, but no longer signal a recession, data from the Conference Board, a nonpartisan and non-profit research organization, showed Tues...

Last updated 3 mins ago

U.S. Added Just 114K Jobs in July, Unemployment Rate Shoots Up to 4.3%
U.S. Added Just 114K Jobs in July, Unemployment Rate Shoots Up to 4.3%

The jobs market softened appreciably in July with the U.S. adding just 114,000 jobs during the month and the unemployment rate rising to 4.3%, according to the Bureau of Labor Statistics.

Last updated 3 mins ago

Risks Are Skewed to a Weaker Nonfarm Payrolls Print, ING Says
Risks Are Skewed to a Weaker Nonfarm Payrolls Print, ING Says

With markets awaiting Friday's U.S. nonfarm payrolls report, analysts at ING caution that the scales are tipped toward a weaker number, potentially adding to volatility in financial markets, including...

Last updated 3 mins ago

Bitcoin Keeps Weekly Loss as ‘Anti-Risk’ Yen Strengthens After BOJ Rate Hike
Bitcoin Keeps Weekly Loss as ‘Anti-Risk’ Yen Strengthens After BOJ Rate Hike

Bitcoin (BTC) remained on the defensive while the Japanese yen (JPY) strengthened in the foreign exchange market after the Bank of Japan (BoJ) raised its interest rate and announced other measures to ...

Last updated 3 mins ago

Meme Coins and Macro: U.S. Credit Card Holders Most Stressed Since 2012
Meme Coins and Macro: U.S. Credit Card Holders Most Stressed Since 2012

The U.S. consumer is increasingly struggling to keep up with credit-card loan payments, painting a challenging picture for the economy and speculative activity in non-serious assets like meme coins.

Last updated 3 mins ago

Fed Should Cut Interest Rate as Restrictive Stance Adds to Inflation, Democrats Say
Fed Should Cut Interest Rate as Restrictive Stance Adds to Inflation, Democrats Say

The Federal Reserve (Fed) has kept the interest rate too high for too long and it's time for a cut, three Democrat senators said Monday in a letter to the central bank's chairman, Jerome Powell.

Last updated 3 mins ago