WASHINGTON, DC – U.S. President Joe Biden is reportedly considering reversing a decades-old decision … [+] to allow the export of U.S. produced oil and natural gas. (Photo by Al Drago/Gett...
Tag: Economic
It’s The Economic Equivalent Of A Perfect Game vs. A No Hitter
| Getty Images Key Takeaways The US went through stagflation in the 1970s, it’s the only time in our history. While we’re not officially in a recession, there are growing concerns about what the conti...
Despite Economic Clout And A Youthful Population, Latinos Continue To Be Overlooked By Hollywood
Andy Garcia and Gloria Estefan promoting Father Of The Bride. It is one of the few movies featuring … [+] a predominant Latino cast. (Photo by John Parra/Getty Images) Getty Images With a popula...
U.K. Prime Minister Liz Truss Admits Mistake in Communicating Economic Plan
LONDON—U.K. Prime Minister Liz Truss said that her government could have done a better job preparing financial markets for a surprise tax-cut plan funded by increased debt, but otherwise defended the ...
What is the economic impact of cryptocurrencies?
Although the cryptocurrency market appears to grow in a positive feedback loop, that does not mean that (un)expected events may not impact the trajectory of the ecosystem as a whole. ...
Economic Outlook ‘Darkening’ As Experts Worry Fed Could ‘Break’ Markets
Topline Consumer spending continued to show signs of cooling this week, and the Federal Reserve’s favorite inflation metric came in hotter than expected just one day after officials doubled down...
El-Erian Warns ‘Economic Accident’ Would Precede Any Central Bank Pivot
(Bloomberg) — Mohamed El-Erian has a cautionary word for anyone anticipating an end to interest-rate increases from the Federal Reserve and other central banks. Most Read from Bloomberg “All of ...
Core PCE rises to 4.9%; US Jobs report, manufacturing data in next week’s economic calendar
The Bureau of Economic Analysis (BEA) release published today showed that the core personal consumption expenditures price index (PCE) inflation unexpectedly rose to 4.9% Y-o-Y above July’s upward rev...
Dow Drops Over 450 Points, Markets Sink Following Flurry Of Worrisome Economic Data
Topline Fueled by a drop in big technology stocks and pandemic darlings, the market tanked Thursday as investors backed off of Wednesday’s cautious optimism, with several macroeconomic indicators high...
Dow Jones Plunges 550 Points After Key Economic Data; Apple Stock Dives On Downgrade
The Dow Jones Industrial Average plunged 550 points Thursday morning after the release of key economic data — U.S. GDP and first-time unemployment claims. Apple stock sold off on a Bank of America dow...
Truflation Joins Chainlink BUILD for Economic Data Indexes
Truflation, a major contributor to self-contained economic and financial data, announced indulging in a formal tie-up with the Chainlink BUILD program. Following this and now being an integral partner...
Former Goldman Executive Predicts Economic Collapse, Says He’s Loading Up on Crypto
Macro guru and Real Vision CEO Raoul Pays says that he’s loading up on crypto assets as he expects economic data to dramatically deteriorate over the next several months. In a new discussion on Twitte...
Ray Dalio says UK’s economic plan suggests incompetence
Ray Dalio, founder of Bridgewater Associates LP, speaks during a panel session on day three of the World Economic Forum (WEF) in Davos, Switzerland, on Wednesday, May 25, 2022. Bloomberg | Bloomberg |...
What’s The Problem? UK Economic Policy Mirrors Successful 1980s U.S. Effort
LONDON, ENGLAND – JULY 14: Secretary of State for Business, Energy and Industrial Strategy Kwasi … [+] Kwarteng (R) intridcues Conservative leadership candidate Liz Truss (L) as she launch...
The U.S. housing market stares down an even bigger economic shock—mortgage rates near 7%
Unbeknownst to buyers lining the sidewalks outside of frenzied open houses this spring, the Pandemic Housing Boom was already in its final inning. In March, Fortune published a pair of articles titled...
Liz Truss’s Economic Plan Deserves A Chance
UK Prime Minister Liz Truss. (Photo by Yui Mok/PA Images via Getty Images) PA Images via Getty Images This morning, the internet was abuzz with news that the British pound had fallen to historically l...
Boosting Domestic Production Of 5G Technology Is Important To Ensure Long Run U.S. Economic Primacy
Russia’s invasion of Ukraine and China’s increasingly bellicose rhetoric across the Asian Hemisphere have caused policymakers to realize that we cannot depend on these countries for materials critical...
Pantera Capital’s CEO suggests blockchain growth will continue despite economic turmoil
The economic landscape may seem dire at the moment, but it’s unlikely to affect blockchain development, according to Pantera Capital CEO Dan Morehead. In an interview for Real Vision on Thursday...
‘Very Concerning’ Sign Of Serious Economic Slowdown Emerges As Stock Market Collapses
Topline A growing rash of economists are warning the odds of a recession have increased amid a historic inversion of the yield curve—a telltale sign of a looming economic slowdown after the Federal Re...
BTC Falls as Global Economic Slowdown Heightens – Market Updates Bitcoin News
Bitcoin was back in the red during Friday’s session, as the token was once again trading below $19,000. The recent decline comes as the global economic slowdown has become more apparent. This week, bo...
Economic Earnings Fall From Prior Record In 2Q22
Business accounting concept, Business man using calculator with computer laptop, budget and loan … [+] paper in office. getty Economic earnings fell quarter-over-quarter (QoQ) for eight of eleve...
Do I fall in America’s lower, middle, or upper class? Here’s how your income stacks up in the US economic class system
Do I fall in America’s lower, middle, or upper class? Here’s how your income stacks up in the US economic class system The dividing lines that define Americans by wealth class and status h...
Jerome Powell is prolonging our economic agony
Can we all agree that the Federal Reserve has a plan to combat runaway inflation? They do. Chair Jerome Powell has all but admitted it. After tempering his comments before previous rate hikes, allowin...
Price To Economic Book Value Rose Through 8/12/22
Businessman trading online stock market on teblet screen, digital investment concept getty The trailing (PEBV) ratio for the NC 2000 rose from 1.2 as of 6/30/22 to 1.4 as of 8/12/22. The NC 2000 consi...
Blockchain-based Connectivity and Global Economic Inclusion Solution Launches on MEXC Exchange Sept, 22nd
The 3air project aims to resolve the perennial issues that created and continue to contribute to the economic underdevelopment of many regions globally, starting with African cities. The project will ...
3air – Blockchain-based Connectivity and Global Economic Inclusion Solution Launches on MEXC Exchange Sept, 22nd
The 3air project aims to resolve the perennial issues that created and continue to contribute to the economic underdevelopment of many regions globally, starting with African cities. The project will ...
Is Biden’s Indo-Pacific Economic Initiative A Trade Deal By Stealth? India’s Actions Suggest So
From L-R: Japan’s Prime Minister Fumio Kishida, U.S. President Joe Biden and India’s Prime Minister … [+] Narendra Modi attend the Indo-Pacific Economic Framework for Prosperity at t...
Bitcoin Can Give The US An ‘Economic Boost,’ Finance Expert Says
Leading cryptocurrency Bitcoin found another ally in macroeconomist Luke Gromen who recently claimed that the United States could gain benefits if it begins to view the digital currency as an asset an...
Bitcoin Can Provide An ‘Economic Boost’ To The U.S., Finance Expert Says
Leading cryptocurrency Bitcoin found another ally in macroeconomist Luke Gromen who recently claimed that the United States could gain benefits if it begins to view the digital currency as an asset an...
Trudeau Criticizes Opponent’s Crypto Advice, Kiyosaki Pushes the Assets Ahead of the ‘Biggest Economic Crash in History’ — Bitcoin.com News Week in Review – The Weekly Bitcoin News
Canadian Prime Minister Justin Trudeau has criticized the new leader of the Conservative Party of Canada for his supposedly irresponsible crypto advice, as Rich Dad Poor Dad author Robert Kiyosaki giv...