Chairman of the Federal Reserve nominee Jerome Powell Getty Images Crypto has been on one hell of a rollercoaster lately. Since the end of July, the crypto market attracted $200 billion and grew to a ...
Tag: Easing
Apartment rents are finally easing. Here’s how to play it
An Apartment For Rent sign seen in the Upper East Side of Manhattan. Adam Jeffery | CNBC Rent growth for apartments looks to have peaked after a tremendous run in 2021, and that could boost some of th...
U.S. freight rates have peaked, another signal inflation is easing
Trucks at the entrance to the Port of Oakland in Oakland, California, US, on Thursday, July 14, 2022. David Paul Morris | Bloomberg | Getty Images U.S. freight rates increased 28% year over year, but ...
Inflation is easing but Fed won’t in any ‘significant manner’
U.S. Fed is unlikely to slam the breaks on raising rates even though inflation seems to be easing, says Mohamed El-Erian. He’s the Chief Economic Advisor at Allianz. El-Erian’s remarks on CNBC’s ‘Squa...
The easing of inflation pressures is giving the economy some breathing room, for now
A shopping cart is seen in a supermarket as inflation affected consumer prices in Manhattan, New York City, U.S., June 10, 2022. Andrew Kelly | Reuters If inflation has been the biggest threat to U.S....
Retail sales up 1% in June, easing fears of a recession
Commerce Department figures show that consumers are still spending on nonessentials such as gadgets and furniture, but department stores took a hit. Above, a shopper at Hardwear clothing store in Los ...
Profit Taking Hits Despite Travel Booking Bonanza Post Quarantine Easing
China Last Night KraneShares Key News Asian equities were a sea of red following the US equity downdraft yesterday. China and Hong Kong were hit with a round of good old fashion profit taking in advan...
Trip.com Financial Results Beat & Benefits From China Covid Easing
China Last Night KraneShares Key News Asian equities were largely higher as China, the Philippines, and Malaysia outperformed. Hong Kong and China both opened lower but did a mid-day 180 as reports ca...
China cuts quarantine for overseas travelers, easing Covid controls
For more than two years, overseas travelers have had to quarantine upon arrival in China because of Covid restrictions. Pictured here at Beijing International Airport on June 18, 2022, are passengers ...
JPMorgan Strategists See Equity Stress Easing in Second Half
(Bloomberg) — A selloff that saw US stocks sink into a bear market last week amid red-hot inflation data and a sharp Federal Reserve rate hike will likely ease in the second half, according to J...
Vail Resorts Profit Gains Nearly 36% On Easing Covid; Shares Rise
The U.S. ski industry is rebounding this year as the impact of Covid eases. (Photo by Michael … [+] Ciaglo/Getty Images) Getty Images Shares in Vail Resorts, one of the world’s largest ski resor...
Mortgage rates rise sharply after three weeks of easing
A “For Sale” sign outside a house in Crockett, California, on Tuesday, May 31, 2022. David Paul Morris | Bloomberg | Getty Images Mortgage rates rose sharply this week, after pulling back ...
Volkswagen says supply-chain problems are easing even as some Audi buyers face year-long wait times
Executives with German automobile maker Volkswagen said at the World Economic Forum meeting in Davos, Switzerland, that supply-chain problems exacerbated by the Russia-Ukraine war are easing but they’...
‘Kwontitative easing’ — BTC price hits $43K in UST as Terra empties $2.2B BTC bag
Bitcoin (BTC) fell below $30,000 for the first time in ten months on May 10 as turmoil at Blockchain protocol Terra continued. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin price...
Used-car prices are down from record highs, easing the impact of inflation
A sign advertises cash paid for used cars in Alhambra, California on January 12, 2022. Frederic J. Brown | AFP | Getty Images DETROIT – Wholesale used-vehicle prices have notably fallen from a record ...
Silver Prices Remained Little Changed Amid the Dollar Easing and Hot Inflation Report
Key Insights Silver prices traded flat as the release of Core PCE data reaffirmed the Fed’s plan for aggressive rate hikes. Treasury yields traded flat amid PCE data signaling spiraling inflation. Oi...
Bitcoin network electricity usage drops 25% in Q1 2022, easing energy consumption fears
As concerns over the ecological impact of Proof of Work (PoW) cryptocurrencies like Bitcoin (BTC) mount, the latest data shows that the largest crypto blockchain might not be so damaging to the enviro...
Jim Cramer says falling used car prices suggests inflation could be easing
CNBC’s Jim Cramer on Thursday said that while headwinds facing the used car market make it un-investable, its declining performance is also an indicator that inflation might be cooling. “W...
China Covid Lockdowns Likely To Be Followed By Policy Easing In 2nd Half — Matthew Asia’s Andy Rothman
Empty roads during a phased lockdown due to Covid-19 in Shanghai, China, on Tuesday, April 5, 2022. … [+] Shanghai reported more than 13,000 daily Covid cases for the first time, as a sweeping l...
U.S. Auto Sales Plunge In Q1 For GM, Toyota, Honda; General Motors Sees Headwinds Easing Investor’s Business Daily
U.S. auto sales sank in the first quarter for General Motors (GM), Toyota Motor (TM) and Honda Motor (HMC), but all beat sales estimates. GM stock fell Friday as supply and production disruptions, whi...
Hong Kong faces ‘tough balancing act’ in easing border rules, official says
Hong Kong faces a tough balancing act as the city aims to lift some border restrictions for international travelers starting next month, according to a government official. The Chinese territory inte...
Used-car prices are still sky-high — but they may be easing
A pedestrian walks past a certified pre-owned car sales lot in Alhambra, California on January 12, 2022. Frederic J. Brown | AFP | Getty Images Wholesale used-vehicle prices fell in February from Janu...
Bitcoin a ‘good bet’ if Fed continues easing to avoid a recession — analyst
Bitcoin (BTC) has the potential to become a “good bet” for investors if the Federal Reserve does everything it can to keep the U.S. economy afloat against impending recession risks, accord...
Alibaba stock rising on gains on China & Hong Kong policy easing: here is where to buy
Alibaba stock has been slowly regaining ground after declining since mid-October 2020. The stock has been affected by a myriad of events including pressure by the US governments on Chinese companies o...
Used-car prices may be easing, research shows
Jim Watson | AFP | Getty Images Used-car prices may be starting to soften, research suggests. After surging through the pandemic by as much as 50%, prices in the used-car market showed some easing in ...
Bitcoin Steady Near $38.5K as Australian Central Bank Ends Easing Program
Bitcoin has nearly halved in value since peaking near $69,000 on Nov. 10, predominantly due to fears of faster Fed tightening. The cryptocurrency’s fortunes are closely tied with the equity mark...
Monetary Easing Gains Momentum, Hong Kong Internet Holds Up
China Last Night KraneShares Key News Asian equities were a sea of red, except for the small gains by Hong Kong and Singapore. Japan was off -2% as Sony was smoked -12.79% post-Microsoft/Activision an...
Omicron wave shows early signs of easing in states hit early
A woman is getting a Covid-19 test at a drive through Covid-19 testing center as hundreds of cars and pedestrians line up to get Covid-19 test before Christmas holiday season in North Bergen of New Je...
Supply-Chain Constraints Are Easing. 5 Stocks That Should Benefit.
Text size STR/AFP via Getty Images Global supply-chain constraints are beginning to ease, which will benefit a host of stocks. The surge in economic demand last year brought on by reopenings and econ...