The U.S. Labor Department released the consumer price index (CPI) report on Tuesday. Although inflation increased in February year-over-year, the rise was expected, and the annual inflation rate for a...
Tag: Eases
Uniswap’s Unique Feature Eases NFT Trading on its Marketplace
Currently its possible to trade NFTs with certain crypto assets, which is likely to change Uniswap launched its NFT marketplace in November last year The non-fungible tokens (NFTs) are undoubtedly a c...
Yes Bank share price sell-off eases but March 3 will be pivotal
Yes Bank (NSE: YESBANK) share price is in a deep bear market as concerns about the company continue. After spiking to a multi-year high of ₹24.75 in 2022, the stock has plunged by ~32%, making it one ...
Singapore drops pre-departure requirements for travelers, further eases mask rules
People gather outside the ArtScience Museum at Marina Bay Sands in Singapore on January 17, 2023. (Photo by Roslan RAHMAN / AFP) (Photo by ROSLAN RAHMAN/AFP via Getty Images) Roslan Rahman | Afp | Get...
EU eases regulatory burden for crypto smart contracts in draft legislation
The European Union’s plans to regulate crypto smart contracts, the infrastructural underpinnings of decentralized finance, look to be heading in a less onerous direction. After lawmakers ...
Powell Won’t Break S&P 500 Rally; Wage Growth Eases
If markets are right, tomorrow’s Fed meeting policy statement will announce the next-to-last rate hike of the cycle, with a quarter-point move that’s expected to be matched on March 22. Ho...
Electricity bills may continue to shock you even as overall inflation eases. Here’s why.
While price hikes for gas, furniture, electronics and clothes are slowing down after a long stretch of sharp gains, one costly item isn’t expected to get cheaper anytime soon: electricity. Econo...
Billionaire Jack Ma Reportedly Visits Hong Kong As Regulatory Pressure Eases In Mainland China
Alibaba Group cofounder Jack Ma. AP Photo/Firdia Lisnawati Jack Ma, the cofounder of Chinese e-commerce giant Alibaba, is now in Hong Kong to meet friends and finance executives, the Hong Kong Economi...
WEWE global’s cloud minting program eases crypto mining
Many people have doubts about approaching the crypto world, they often hear about it, and their curiosity pushes them into this sphere. They might even have decided to invest in crypto, but – in the e...
Wall Street Still Counting on Big Tech Rip Once Fed Eases Hikes
(Bloomberg) — Wall Street tech bulls are counting on the industry’s megacap stocks to move higher before long and jump start a rebound in the S&P 500. Most Read from Bloomberg The hope is th...
Venly eases the Avalanche NFT transactions for Shopify merchants
Avalanche NFTS is, at the present point in time, obtainable for all of the millions of merchants linked to Shopify. This is achievable with the utilization of Venly Shopify NFT, which happens to be a ...
Bank of Russia eases digital assets platforms supervision to beat sanctions
The Central Bank of Russia has enacted measures to shield digital asset-using enterprises from sanctions pressures. Russian authorities will excuse these enterprises from some reporting requirements a...
Bitcoin (BTC) Analyst Says “Pivot Coming” as U.S. Inflation Eases
Vladislav Sopov Seasoned analyst and on-chain researcher Charles Edwards explains why U.S. inflation slowing is crucial for macro cycle Contents Getting ready for major pivot Is Bitcoin (BTC) bottom i...
UK inflation falls from 41-year high as fuel price surge eases
Brexit has added more than £200 to the average U.K. household food bill, according to a new study from the London School of Economics. Nathan Stirk | Getty Images News | Getty Images LONDON — U.K. inf...
U.S. Inflation Eases In November, But Further Rate Hikes Expected
Prices rose less than expected for November 2022, improving the inflation outlook for Federal … [+] Reserve Chairman Jerome Powell. (AP Photo/Patrick Semansky) Copyright 2022 The Associated Pres...
Alibaba Stock Jumps As China Eases Covid Rules
China stocks jumped Thursday as the nation’s government officials curtailed many of its zero-Covid controls that stalled the world’s second-largest economy. Alibaba (BABA) stock, as well a...
China eases Covid restrictions on travel and production
BEIJING — In a significant easing of Covid controls, the Chinese government said Wednesday that people will no longer need to show negative virus tests or health codes in order to travel between diffe...
China Eases Covid Restrictions Again In Preparation For Economic Recovery
Epidemic control workers wear protective equipment to prevent the spread of Covid-19 as they guard in an area under lockdown on December 1, 2022 in Beijing, China. Kevin Frayer/Getty Images The Chines...
Mortgage Rates Fall As Inflation Eases And Fed Signals Smaller Hikes Ahead
Fed officials signal the pace of rate hikes may slow. getty Mortgage rates fell to a two-month low this week as bond investors bet inflation will continue easing and the Federal Reserve signaled it wi...
Fed’s preferred inflation gauge eases to 6.0%: time to turn bullish?
S&P 500, on Thursday, is holding on to its gains from last night after the Bureau of Economic Analysis said the core personal consumption expenditures price index eased to 5.0% in October. Cameron...
Nio and Li Auto monthly deliveries hit record numbers as China eases Covid policy
On Wednesday, November 30, shares of Nio Inc (NYSE: NIO), XPeng Motors (NYSE: XPEV), and Li Auto (NASDAQ: LI) all jumped by more than double figures percentage gains. The value of Chinese electric veh...
Chevron to Resume Venezuela Oil Output as US Eases Sanctions
(Bloomberg) — The Biden administration granted Chevron Corp. a license to resume oil production in Venezuela after US sanctions halted all drilling activities almost three years ago. Most Read f...
Coinbase Eases Tides, Rumors Of Genesis Disaster Intensify
Crypto lending firm Genesis and its parent company, Digital Currency Group (DCG), are under pressure, and there are growing concerns about their potential default. Last week, the crypto lender halted ...
Inflation Eases, Consumers Spend, Jobs Multiply
Retail’s Christmas Miracle: Inflation Eases, Consumers Spend, Jobs Multiply getty Keep the champagne on ice for now, but the people have spoken, and the message seems clear — we’ve gotten used to expe...
JD Tech Revives IPO Plans as China Eases Regulatory Crackdown
By permitting companies to seek targeted growth, the expectation is that the economy will become more functional and that it may attract other global players to its shores. JD Tech, the technology off...
Wholesale prices rose 0.2% in October, less than expected, as inflation eases
Employees work at the BMW manufacturing plant in Greer, South Carolina, October 19, 2022. Bob Strong | Reuters Wholesale prices increased less than expected in October, adding to hopes that inflation ...
China eases Covid measures, trims quarantine time by two days
BEIJING — China reduced the quarantine time for international travelers by two days, state media said Friday. Instead of making travelers stay at a centralized quarantine facility for seven days upon ...
Mortgage rates fall sharply to under 7% after inflation eases
A ‘For Sale’ sign is posted in front of a single family home on October 27, 2022 in Hollywood, Florida. Joe Raedle | Getty Images Mortgage rates fell sharply Thursday after a government re...
Consumer prices rose 0.4% in October, less than expected, as inflation eases
The consumer price index rose less than expected in October, an indication that while inflation is still a threat to the U.S. economy, pressures could be starting to cool. The consumer price index, a ...