FedEx’s performance in the first quarter fell short of expectations. Jamie Dimon, CEO of JPMorgan expressed similar concerns a few weeks back. FedEx CEO Raj Subramaniam predicted a worldwide economic ...
Tag: Economic
Bitcoin can benefit the U.S. in creating an ‘economic boom’
Macroeconomist Luke Gromen has suggested that the United States stands to benefit from adopting Bitcoin (BTC) instead of viewing the asset as a threat. Gromen noted that adopting Bitcoin as a soverei...
Two-Year Treasury Spikes, Signaling ‘Severe Economic Slowdown’
Markets in decline as the inverted yield curve in the U.S. just became even more inverted. (Photo … [+] by Spencer Platt/Getty Images) Getty Images The inverted yield curve is now even more inve...
Stay calm after FedEx’s bad quarter, brace for economic pain
CNBC’s Jim Cramer advised investors not to panic after FedEx’s worse-than-expected first quarter. The “Mad Money” host’s warning comes after FedEx reported first-quarter ...
Is Africa on the Verge of an Economic Resurgence?
Africa leads the rest of the world in blockchain and cryptocurrency adoption. Chainalysis’ geographic trends report states that Africans recorded the highest figures in peer-2-peer cryptocurrency tran...
Robert Kiyosaki Has Advised Investors To Invest In Cryptocurrency Before The Next Economic Downturn
According to the legendary author, Robert Kiyosaki, the best time to get rich is during a currency crash. Kiyosaki, the author of the most popular book “Rich Dad Poor Dad”, has alerted the investors o...
Robert Kiyosaki Urges Investors to Get Into Crypto Now, Before Biggest Economic Crash in World History – Economics Bitcoin News
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has urged investors to get into crypto now, predicting that the biggest economic crash in world history is incoming. “Now...
Uniglo (GLO) Makes Massive 35% Move up Despite Economic Downturn with Bitcoin (BTC) and Ethereum (ETH) Losing Ground
The shaky status of macroeconomic conditions has been evident in the cryptocurrency market. The prices of the two leading cryptos, Bitcoin (BTC) and Ethereum (ETH) continue to fluctuate, predominantly...
Walken Announces New Roadmap and Impressive Game Economic Statistics
3 hours ago | 3 mins read Blockchain News To better support its rapidly expanding ecosystem, Walken is getting ready to take the next step. All users interested in using blockchain technology to gamif...
Economic Secretary Wants the UK To Become a Crypto Hub
19 seconds ago | 2 mins read Bitcoin News Fuller replaced John Glen as Economic Secretary to the Treasury in July. Fuller participated in the first crypto discussion in Westminster this week. Economic...
Big Eyes Coin Aiming For 10X Profit While The Sandbox And Axie Infinity Stagger In The Current Economic Downturn!
It is already known that the crypto market is highly competitive and volatile. Nevertheless, the crypto market has continued to grow exponentially and witnessed the release of several other emerging ...
Economic Secretary Wants UK to Be ‘Country of Choice’ for Crypto Space
The UK wants to “become the country of choice for those looking to create, innovate and build in the crypto space,” according to Economic Secretary to the Treasury Richard Fuller. Speaking...
Bitcoin’s Correlation With Stocks Comes Back as Economic Factors Roil Markets
“Bitcoin has behaved similarly to tech stocks, albeit with some idiosyncratic events, namely forced selling by large institutions like Three Arrows Capital,” he told CoinDesk in a written note. “There...
Cryptocurrencies at risk as new UK Prime Minister contends with economic challenges
On September 5, Liz Truss was officially declared Britain’s new Prime Minister (PM) after almost three months of campaigning. The determining round was decided by a party member vote, in which Truss b...
Economic Outlook Is Cloudy In 2022
This story appears in the September 2022 issue of Forbes Asia. Subscribe to Forbes Asia Getty This story is part of Forbes’ coverage of Singapore’s Richest 2022. See the full list here. Rising living ...
Cryptos Can Play Significant Global Economic Role If Issues About Energy Intensiveness Are Solved
Advertisement     The issue of proof of work cryptocurrencies being energy-intensive and environmentally unsustainable continues to haunt cryptocurrencies. A new repor...
Russia Privately Warns of Deep and Prolonged Economic Damage
(Bloomberg) — Russia may face a longer and deeper recession as the impact of US and European sanctions spreads, handicapping sectors that the country has relied on for years to power its economy...
Will Europe’s ‘Third World’ Economic Crisis Lead To Global Recession?
Netherlands leadership says Europeans need to get used to being poorer. Bad policy decisions leading … [+] to one crisis after the next as layoffs begin in one of the most important economic reg...
Binance and Nigeria team up to develop a digital economic zone
Binance and Nigeria are teaming up to establish an Export Processing Zone Authority (NEPZA). The objective is to establish a digital economic zone similar to Dubai. According to the reports,, Nigerian...
British Pound Falls to Lowest Level Since 1985 as U.K. Economic Pain Mounts
Updated Sept. 4, 2022 5:41 pm ET Listen to article (2 minutes) The British pound slid to its lowest level against the U.S. dollar since 1985, a reflection of the U.K. economy’s dire economic situation...
Binance Partners With Nigeria To Build Digital Economic Zone
Binance is partnering with Nigeria to build an Export Processing Zone Authority (NEPZA). The aim is to create a digital economic area similar to Dubai. The report stated that the Nigerian authorities ...
World Economic Forum Discuss CBDC Adoption and DLT Use-cases
The WEF will help and inform the central banks to understand the potential of CBDCs and DLT. This step shows an interest in the technologies gaining traction. On August 31, 2022 the World Economic For...
World Economic Forum weighs in on CBDC adoption and DLT use cases
World Economic Forum (WEF) published its dynamic take on CBDCs in a blog post titled, “What are central bank digital currencies (CBDCs)?” on August 31, following The Reserve Bank of Australia’s centra...
Economic downturn is an opportunity to grab market share
Signet Jewelers can continue to expand its market share even as the U.S. economy slows and inflation weighs on consumers, CEO Gina Drosos told CNBC on Thursday. The comments in a “Mad Money̶...
Fed likely to keep hiking until there’s economic deterioration
CNBC’s Jim Cramer said Wednesday he expects the Federal Reserve to keep raising interest rates until there is clear evidence that the U.S. economy has slowed down. While some hoped the Fed may s...
Hiring Slows For Second-Straight Month As Companies Digest ‘Conflicting’ Economic Data, ADP Reveals In Latest Jobs Report
Topline As ongoing interest rate hikes fuel uncertainty over the economy, job growth among private U.S. employers slowed for the second consecutive month in August, according to payroll processor ADP,...
A breakdown of Sri Lanka’s interim budget amid an economic meltdown
Sri Lanka is in a period of great flux. The breathtaking beauty of the island nation has, unfortunately, often been overshadowed by political instability, ethnic conflict and civil unrest. With the en...
Ex-Goldman Sachs Executive Says Crypto and Stocks Could Be Saved by Weak Economic Data This Week
Real Vision CEO Raoul Pal says economic data slated for release this week could give the crypto and stock markets a shot in the arm. The former Goldman Sachs executive tells his 975,000 Twitter follow...
Bitcoin and Ethereum Tumble As Fed Chairman Jerome Powell Issues Fresh Economic Warning
Stocks and crypto assets are down across the board in response to the Federal Reserve’s latest policy announcement. In a new speech at the Fed’s annual meeting, Chairman Jerome Powell says that the Fe...