Topline Despite growing hopes the U.S. may ultimately avoid an anxiously anticipated recession, JPMorgan economists are warning clients that a flurry of indicators are still flashing increasingly eeri...
Tag: Economic
Expert Predicts Looming Economic Collapse as BRICS Nations Unite Against the Dollar – Economics Bitcoin News
Andy Schectman, CEO of Miles Franklin Precious Metals Investments, explained in a recent interview that the five leading emerging economies—Brazil, Russia, India, China, and South Africa, collectively...
Economic forecasts are getting revised up, and people aren’t thrilled about it
This post was originally published on TKer.co Stocks inched lower, with the S&P 500 declining 0.3% last week. The index is now up 6.2% year to date, up 14% from its October 12 closing low of 3,577...
Surge In Studios Affecting Businesses Nationwide
BENTONVILLE, AR – FEBRUARY 05: Interior studio set ups of the Farm Studios during the Farm Studios … [+] Film Soundstage Ribbon Cutting Opening Ceremony at Farm Studios on February 5, 2019...
Number of IPOs in the U.S. fall 80% in 2022 amid economic uncertainty
The United States economy has been battered in recent months, with different sectors taking a hit, and the initial public offering (IPO) space is emerging as one of the biggest casualties. Indeed, aft...
El Salvador Considers Opening Second Bitcoin Embassy in Texas to Boost Economic Exchange – Bitcoin News
On Feb. 14, 2023, Milena Mayorga, the Salvadoran ambassador to the United States, announced that her country is considering opening a second bitcoin embassy in the Lone Star State. Mayorga said that T...
Brainard reportedly moving from the Fed to head National Economic Council
United States Federal Reserve Board Vice Chair Lael Brainard has been chosen to be the director of the National Economic Council, making her President Joe Biden’s top economic adviser, according to me...
China’s economic recovery is off to a slow start
Wuhan’s GDP grew by 4% in 2022, better than the country overall. Pictured here on Jan. 20, 2023, is the city’s skyline along the Yangtze River. Hector Retamal | Afp | Getty Images BEIJING ...
Is Joe Biden’s Pick for Top Economic Adviser Good or Bad for Crypto?
The President of the United States – Joe Biden – will reportedly appoint Lael Brainard (Vice Chair of the Federal Reserve) as his top economic adviser. The latter is a critic of cryptocurrencies, arg...
Bad Economic Policies Are One Reason People Are Leaving Blue States
Oct 26, 2019 Mountain View / CA / USA – Semi truck towing an U-Haul cargo trailer, on a freeway in … [+] San Francisco bay area; U-Haul is an American moving equipment and storage rental c...
The Key to Unlocking Africa’s Economic Potential – Press release Bitcoin News
press release PRESS RELEASE. For foreign investors who have always wanted to diversify their portfolio with African assets but have been held back by security and transparency, this might be a game-ch...
AI to Power “Economic Empowerment”, Says ChatGPT Founder
2 hours ago | 2 mins read Editors News AI is going to be the driving force for “economic empowerment”. AI may be the other option for decades-old search engines. Sam Altman, CEO of OpenAI has made a c...
Ukraine plots post-war rebuilding effort with JPMorgan Chase as economic advisor
A closer shot of Ukraine President Volodymyr Zelenskyy and the Ministry of Economy (MoE) meeting with senior members of J.P. Morgan. Coutesy: JP Morgan Summit Ukraine’s government signed an agre...
Attitudes begin to shift regarding monetary policy, economic growth, and stock prices
This post was originally published on TKer.co Stocks declined, with the S&P 500 falling 1.1% last week. The index is now up 6.5% year to date, up 14.4% from its October 12 closing low of 3,577.03,...
Did The Fed Decide To Raise Interest Rates This Week? Here’s The Economic Outlook
Getty Images Key takeaways The Fed raised its benchmark rate by 0.25% at its most recent meeting This broke a trend of four consecutive meetings with rate increases of 0.75% Though inflation has eased...
Economic And Corporate Profit Rebound Lifts Markets
China Last Night KraneShares Key News Asian equities were largely lower following a decline in US stocks, though China and Hong Kong had a strong day. Shanghai, Shenzhen, and Hong Kong all opened lowe...
Goldman Sachs ups its near-term S&P 500 target due to brighter economic picture. But that could knock 25% off stocks, strategists say.
Provided there are no more economic surprises, stocks are unlikely to face a near-term meltdown and the S&P 500 could work its way back to 4,000. That’s according to a team of Goldman Sachs strate...
6 essential value drivers in banking for 2023 amidst bleak economic outlook
A new study has suggested that the global banking sector is facing a troubled future, with the economic outlook facing potential downturns such as a possible recession. With a gloomy environment, the ...
Former UK PM Liz Truss is blaming left-wing ‘economic establishment’ for ousting her
British Prime Minister Liz Truss announces her resignation, outside Number 10 Downing Street, London, Britain October 20, 2022. Henry Nicholls | Reuters LONDON — Former U.K. Prime Minister Liz Truss i...
Filecoin Creator Protocol Labs Announces Layoffs Amid Crypto Winter and Economic Downturn – Bitcoin News
Protocol Labs CEO Juan Benet published a blog post on Friday announcing that 21% of the company’s staff will be laid off. Protocol Labs is the creator of the blockchain network Filecoin. Benet emphasi...
5 biggest economic bubbles in history
An economic bubble is a time of fast economic expansion that is driven by speculative enthusiasm and excessively high asset prices. A bubble is characterized by an increase in demand for an asset, suc...
Sri Lanka Central Bank Says Bitcoin Cannot Solve Economic Crisis
Billionaire investor Tim Draper got a more challenging reception than he anticipated when proposing Sri Lanka, a bankrupt nation, to Bitcoin. Draper was in Sri Lanka on Tuesday, talking with local ent...
Billionaire Offers Bitcoin-fix to Solve Srilankan Economic Crisis
South Asian country Sri Lanka is battling its worst economic meltdown; citizens are suffering for the basics. Inflation stood at 54.2%, while the economy shrunk by 8%. A billionaire cryptocurrency gos...
Central Bank of Sri Lanka insists Bitcoin will not fix economic crisis
Tim Draper’s attempt to bring Bitcoin to Sri Lanka was firmly rejected by the country’s President Ranil Wickremesinghe, according to Bloomberg News. Despite President Wickremesinghe declaring the coun...
invest in REITs to ‘withstand volatile economic times’
“Real estate” is a great pick for investors wanting to somewhat insulate from the macroeconomic volatility, says Uma Moriarity – Senior Investment Strategist at CenterSquare. Moriarity makes a case fo...
Gold Demand Hit 11-Year High in 2022 as Central Banks Scrambled for Acquisitions amid Global Economic Downswing
2022 demand for gold swelled to a high not seen since 2011 on the back of vigorous buying by global central banks. According to a CNBC report, gold demand surged to an 11-year high in 2022 following m...
Indian economic survey highlights crypto concerns
The Indian annual Economic Survey has been published and crypto concerns have been extensively discussed. The crypto industry was covered in detail in this year’s Economic Survey, and findings from th...
BTC, ETH Lower, Ahead of Key Week of US Economic Data – Market Updates Bitcoin News
Bitcoin fell below $23,000 on Jan. 31, following a recent move to a five-month high over the weekend. Market volatility has since increased, as traders prepare for a big few days of economic data from...
Bitcoin aims for $25K as institutional demand increases and economic data soothes investor fears
Bitcoin (BTC) price broke above $22,500 on Jan. 20 and has since been able to defend that level, accumulating 40.5% gains in the month of January. The move accompanied improvements in the stock market...
Robert Kiyosaki’s Warning: Prepare For A Rough Economic Landing, The Global Recession Is Here
Robert Kiyosaki, author of “Rich Dad, Poor Dad,” foresees a market catastrophe and asserts that recessions are the best periods to acquire wealth. In a tweet on Monday, the “Rich Dad Poor Dad” author...
Strong Economic Data Weaken the Case for Continued Stock Rally
The dash for trash has hit a speed bump. Stocks faltered again this past week as the early-year rally, led by rebounds in 2022’s speculative-grade losers, ran into resistance from higher expected inte...