AAX Exchange Sponsors Blockchain Economy Istanbul Summit 2022

The Blockchain Economy Istanbul Summit 2022, the biggest blockchain event in Eurasia and a vital gathering point for the world’s leading crypto firms and entrepreneurs, is thrilled to have AAX as a Fe...

Congress Needs To Reverse Course To Improve The Economy

Businessman struggling to move data arrow upwards getty Recession talk has dominated the news lately with an endless supply of pundits debating whether the United Sates is in a recession. It’s good to...

Revenge of Old World Economy as Big Oil’s Cash Flow Rivals Tech

(Bloomberg) — Exxon Mobil Corp.’s cash haul overtook that of Alphabet Inc. for the first time since 2018, proving the oil giant is back in the big league just a year after suffering one of the b...

5 Ways To Re-Engage When Things Are Going Downhill

Engagement can offer significant job security. getty Lately you may be feeling uncertain about your job, your career or your future. News about the economy and companies who are laying people off or c...

‘I’m focused on the inflation data’

Neel Kashkari, Minneapolis Federal Reserve Brendan McDermid | Reuters If you’re debating whether or not the U.S. is in a recession, you’re asking the wrong question, according to a top Fed...

Starbucks, Uber, CVS to Report Earnings Amid Shrinking Economy

July 30, 2022 10:00 am ET Listen to article (2 minutes) CVS Health Starbucks and Uber Technologies are among the companies headlining another busy earnings week as investors look for signs of a recess...

Positivity blazing through a bear market: Blockchain Economy Istanbul 2022

Held at Hilton Bomonti, a fancy hotel next to a renovated and repurposed beer factory in Istanbul, the fourth iteration of the Blockchain Economy Summit 2022 (BE2022) proved to be a significant step-u...

DEIP Partners with Roketo and Sets Up Over 1000 Financial Streams to Power Creator Economy

The cliff functionality introduces a whole new use case for DEIP and its onboarded creators. DEIP, the first web3 domain-specific protocol designed for tokenization and governance of high-value intang...

US Economy is on the Brink of Collapse, Analyst Reveals “Best Bets” Amidst Recession

In an interview with Kitco news, the author of ‘The Decentralist’ Max Borders, recently admitted that the US economy is in danger of imploding.  Additionally, he disclosed that gold and Bitcoin would ...

Crypto’s Slide Hasn’t Bled Into the ‘Real Economy,’ IMF Official Says

Moreover, issues with liquidity hit funds and lenders that bought into Terra’s network. Crypto hedge fund Three Arrows Capital, for example, lost over $200 million with its investment in TerraUSD. Sim...

How HIMARS could change the Ukraine-Russia war

Artillery has quickly become the most important weapon in Ukraine’s war with Russia. Ukrainian forces have begun to use newer Western artillery, like the M777 Howitzer, in the battlefield. But a...

New Zealand’s borders are fully reopening after more than two years

After more than two years, New Zealand is fully reopening its borders and welcoming back all international travelers. The country is reopening on July 31, some three months earlier than previously ann...

Roku, Amazon, First Solar, Intel, Apple & more

People pass by a video sign display with the logo for Roku, a Fox-backed video streaming firm, that held it’s IPO at the Nasdaq Marketsite in New York, September 28, 2017. Brendan McDermid | Reu...

The US economy declined by 0.9% during the second quarter

According to data released on Thursday, the US economy shrank by 0.9% during the second quarter of 2022. Following a decline of 1.6% in the first quarter the US economy shrunk by 0.9%, according to Th...

China’s Economy Still Looking Worryingly Weak, Key Data Shows

TOPSHOT – This picture taken on October 10, 2017 shows a party flag of the Chinese Communist Party … [+] displayed at an exhibition showcasing China’s progress in the past five years...

Eurozone Beats GDP Estimates But Its Largest Economy Germany Reports 0% Growth

Topline The eurozone’s second quarter GDP growth beat analyst estimates but Germany—the region’s largest economy—stagnated, highlighting uneven growth in the region which continues to face record infl...

Growth accelerates for euro zone

Growth in the euro zone economy accelerated in the second quarter of the year, but the region’s prospects could be hit as Russia continues to reduce gas supplies. The 19-member bloc registered a...

US plunges into recession as inflation hammers world’s biggest economy

US President Joe Biden – Brendan Smialowski / AFP Joe Biden has insisted that the US is not in a recession despite after official figures showed the world’s biggest economy had shrunk in two con...

Gate.io Launches Country-Specific Site at Blockchain Economy Summit

Gate.io, one of the world’s largest cryptocurrency exchanges, has officially launched its first country-specific site, Gate Türkiye, during Blockchain Economy Summit Istanbul, currently underway in Tü...

Proposed Antitrust Legislation Threatens To Harm U.S. Tech Startups And The Innovation Economy

The recently-released GDP estimates revealed that the economy contracted for the second quarter in a row, and some economists fear that we may already be in a recession. Given the precarious nature of...

Yellen says the economy is not in a recession despite GDP slump

Treasury Secretary Janet Yellen said Thursday the U.S. economy is in a state of transition, not recession, despite two consecutive quarters of negative growth. Recession, Yellen insisted, is a “...

There is deflation in some items as Wingstop notes dropping chicken wing prices

Three months ago, Wingstop put a shocker in its earnings release: It was seeing DEFLATION in bone-in chicken wing costs. The chicken chain reiterated the trend with its latest results Thursday morning...

Impact investing opportunities with Vanguard despite ESG concerns

It’s a fund looking to make money from green investing. The inclusive, actively managed Vanguard Baillie Gifford Global Positive Impact Stock Fund (VBPIX) is an environmental, social and governa...

U.S. economy is ‘technically’ in a recession now: what’s next?

U.S. equities are in the green this morning even after the Bureau of Economic Analysis said the economy contracted at an annualised pace of 0.9% in the second quarter of 2022. Expert reacts to the GDP...

Watch Treasury Secretary Janet Yellen talk live about the state of the U.S. economy

[The stream is slated to start at 1:30 p.m. ET. Please refresh the page if you do not see a player above at that time.] Treasury Secretary Janet Yellen speaks Thursday at a news conference on the stat...

Bausch Health, Meta, Comcast, Qualcomm and more

In this photo illustration, a silhouetted woman holds a smartphone with the Meta Platforms, Inc. logo displayed on the screen. Rafael Henrique | Lightrocket | Getty Images Check out the companies maki...

The economy may look like it’s in recession, but we still don’t know for sure

In an aerial view, shipping containers sit idle at the Port of Oakland on July 21, 2022 in Oakland, California. Truckers protesting California labor law Assembly Bill 5 (AB5) have shut down operations...

Nigerians Rush to Buy Bitcoin Amid Economy Collapse (Report)

The crash of Nigeria’s national currency (naira) reportedly pushed many residents to turn to alternative assets such as bitcoin and stablecoins to preserve their wealth. The peer-to-peer exchange Loca...

GDP fell 0.9% in the second quarter, the second straight decline and a strong recession signal

The U.S. economy contracted for the second straight quarter from April to June, hitting a widely accepted rule of thumb for a recession, the Bureau of Economic Analysis reported Thursday. Gross domest...

Here Is How Cardano-Based New Digital Economy Is Developing: Details

Cardano might be a big contender for running global financial infrastructure as it allows financial services to be built on top of the transactional network that can operate without an intermediary. T...

Economy Shrank 0.9% Last Quarter As Experts Warn ‘Worse To Come’

Topline The U.S. economy unexpectedly shrank for a second quarter in a row this year, according to data released Wednesday, signaling the start of a technical recession even as economists predict sign...

U.S. economy probably barely grew last quarter and may have contracted

Shipping containers are seen at a terminal inside the Port of Oakland as independent truck driver continue protesting against California’s new law known as AB5, in Oakland, California, July 21, ...