German Chancellor Olaf Scholz, French President Emmanuel Macron and Polish President Andrzej Duda attend a news conference ahead of a Weimar Triangle meeting to discuss the ongoing Ukraine crisis, in ...
Tag: Economy
60 Minutes reports on how Bitcoin is building a circular economy in El Zonte
CBS News 60 Minutes recently ran a piece on El Zonte (aka Bitcoin Beach) in El Salvador. It featured interviews with local people, including U.S ex-pat Tim Peterson, a former financial advisor who mov...
Stablecoin Economy Is $10 Billion Away From Reaching a $200 Billion Market Cap – Coinotizia
The stablecoin economy has grown during the last month as the market capitalization is now only $10 billion away from reaching the $200 billion mark. While the largest stablecoin, by market valuation,...
Stock futures inch higher ahead of big inflation report
U.S. stock futures inched higher in overnight trading as investors braced for a key inflation report Tuesday. Future on the Dow Jones Industrial Average gained 30 points or 0.1%, while S&P 500 fut...
Stablecoin Economy Is $10 Billion Away From Reaching a $200 Billion Market Cap – Altcoins Bitcoin News
The stablecoin economy has grown during the last month as the market capitalization is now only $10 billion away from reaching the $200 billion mark. While the largest stablecoin, by market valuation,...
White House expects big price hikes in March CPI report
White House press secretary Jen Psaki answers questions during the daily briefing on March 09, 2022 in Washington, DC. Psaki answered a range of questions related primarily to Russia’s invasion ...
Consumer fears over inflation hit a record high in March, New York Fed survey shows
A motorist pumps gas at a Valero station along Encinitas Blvd in Encinitas, CA on Tuesday, April 5, 2022. Sandy Huffaker | The Washington Post | Getty Images Worries are increasing over inflation, wit...
When Web3 Met the Creator Economy
Web3 shows promise for all industries in some form or another, but what does it have in store for the creator economy? The creator economy is made up of 50 million people creating intellectual assets ...
DEIP: Web3 + Creator Economy
DEIP is a tech company that creates Web3 protocols, tools, and applications for the creator economy. As a producer of knowledge-based assets, creative industries will become the major drivers of econo...
Cramer’s Mad Money Recap 4/8: BlackRock, JPMorgan, Goldman Sachs
Just as the Federal Reserve starts on the warpath against inflation, we’re already seeing signs that inflation is peaking, Jim Cramer told his Mad Money viewers Friday. Unfortunately, demand is ...
As inflation bites, higher-income consumers are cutting back, too
Miami, Florida, Brickell City Centre shopping mall with Apple Store, Chanel and escalators. Jeff Greenberg | Universal Images Group | Getty Images With as much as 60% of U.S. consumers living paycheck...
Here’s a look at inflation-fighting pros, cons of Fed raising rates
A customer shops at at a grocery store on February 10, 2022 in Miami, Florida. The Labor Department announced that consumer prices jumped 7.5% last month compared with 12 months earlier, the steepest ...
US weekly jobless claims
The labor market tightened further last week, with initial jobless claims falling to their lowest level in more than 53 years, the Labor Department reported Thursday. Initial filings for unemployment ...
What Gartner’s $4.4 Trillion IT Spending Forecast Tells Us: It’s A Software Economy
Programming code getty Worldwide IT spending in 2022 is poised to exceed $4.4 trillion, an increase of 4% over 2021, even after growing at the torrid pace of 9.5% the year before. When the pandemic fi...
Russia Pivots to Shield Economy With Surprise Jumbo Rate Cut
(Bloomberg) — Russia’s central bank unexpectedly slashed its key interest rate in a sign of confidence that the worst of the financial turmoil triggered by the invasion of Ukraine is past. Most ...
Robinhood, EPAM Systems, Kroger and more
Kroger is opening automated warehouses around the country to build a larger and more profitable online grocery business. Kroger Check out the companies making headlines in midday trading Friday. Robin...
Biogen, Spirit, Robinhood and more
Check out the companies making headlines before the bell: Biogen (BIIB) – Biogen fell 1% in premarket trading after the government announced that Medicare will limit coverage for Aduhelm, Biogen’...
The role of natural gas in the Russia-Ukraine conflict
Natural gas is one of several commodities affected by Russia’s invasion of Ukraine. Prices on the Dutch TTF hub, a European benchmark for natural gas trading, more than tripled between February...
How to save money on travel amid a spike in inflation
Inflation is surging — and if it keeps up, Americans may start nixing their travel plans. Some 40% of U.S. adults said they would cancel a vacation or trip if consumer prices continue to rise, accordi...
Cramer’s Mad Money Recap 4/7: Amazon, Google, Target
“The bull is dead, long live the bull,” Jim Cramer shouted to his Mad Money viewers Thursday. The stock market is pivoting, he said, and you need to pivot with it, whether you like it or n...
RegTech Africa Conference to Drive Growth and Shape the Digital Economy
Inaugural Advisory Council to promote innovation, diversity, and growth across the Continent LAGOS, NIGERIA, The maiden edition of the annual Regtech Africa Conference has been slated to hold on Wedne...
Carnage is epic in bonds due to Fed’s inflation error: Jim Bianco
There may be no escape from the bond market turmoil — even for stock investors. Market researcher Jim Bianco warns critical Federal Reserve policies to control wild inflation will inflict widespread l...
Stock futures little changed following Thursday’s comeback as investors assess Fed plans
Traders on the floor of the NYSE, April 7, 2022. Source: NYSE U.S. stock futures were little changed on Thursday night after the major averages staged a late-day comeback as investors appraised the li...
HP, Constellation Brands, CDK Global and more
A man passes a Hewlett Packard display at a technology conference Jim Young | Reuters Check out the companies making headlines in midday trading. HP — Warren Buffett’s Berkshire Hathaway became ...
Here are the signs the job market is hot for workers
A “Now Hiring” advertisement in a store window in Bay Shore, New York, on March 24, 2022. Steve Pfost/Newsday RM via Getty Images Claims for unemployment insurance last week fell to their ...
Fed’s Bullard says interest rate policy is ‘behind the curve’ but ‘all is not lost’
James Bullard Olivia Michael | CNBC The Federal Reserve needs to raise interest rates substantially to control inflation but may not be as “behind the curve” as it appears, St. Louis Fed P...
Conagra, Levi Strauss, Rite Aid and others
Check out the companies making headlines before the bell: Conagra (CAG) – The food producer’s stock tumbled 5.5% in the premarket after issuing a weaker-than-expected forecast for the fiscal yea...
Gasoline, Price Gouging, War, The Economy, (And The Midterm Election)
IMAGE DISTRIBUTED FOR FOSSIL FREE MEDIA – Protesters stand outside the Rayburn House Office … [+] Building holding a Big Oil is Profiteering from War sign before the start of a House Energ...
The Fed’s plan to rapidly slash its balance sheet is out. Here’s what happens to money in the system.
Minutes of the Federal Reserve’s March meeting released on Wednesday detailed plans for shrinking its nearly $9 trillion balance sheet to help cool U.S. inflation running at 40-year highs, but tricky ...