Luxury residential townhouses stand overlooking Regents Park in London, U.K., on Friday, Nov. 29, 2019. U.K. house prices increased at their fastest pace in more than a year in November, according to ...
Tag: Economy
5 things to know before the stock market opens Monday, February 7
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street edged up after S&P 500, Nasdaq score best weeks of 2022 Traders work on the flo...
Stablecoin Economy Continues to Balloon as USDC’s Market Cap Crosses $50 Billion
Stablecoin Represents 2.83% of the Crypto Economy’s USD Value USD value of all the stablecoins today is $178.8 billion Fei usd (FEI), has decreased by 26.3% this past month As the whole part of 12,333...
Stock futures are flat after S&P 500 posts best week of the year
U.S. stock index futures were little changed during overnight trading Sunday after the S&P posted its best week of 2022, boosted by quarterly earnings reports and a better-than-expected January em...
Axie Infinity Making Big Changes to Fix Its Ailing Play-to-Earn NFT Economy
In brief Axie Infinity surged in popularity last year, but has seen declining token price, NFT valuations, and trading volume lately. Ethereum NFT game Axie Infinity will institute a number of economi...
Weekly jobless claims total 238,000, fewer than expected
Initial filings for unemployment claims totaled a bit fewer than expected last week as companies looked to overcome the impact of the omicron spread. Claims for the week ended Jan. 29 were 238,000, a ...
Here’s where the jobs are for January 2022 — in one chart
Despite a spike in omicron Covid-19 cases, U.S. employers managed to add over 450,000 jobs last month thanks to robust hiring at restaurants and bars, retailers and mail and parcel delivery workers. T...
Stocks Jump After U.S. Economy Adds Back 467,000 Jobs In January
Topline The stock market jumped on Friday while bond yields surged after the U.S. economy added back a much higher-than-expected 467,000 new jobs in January, a sign to investors that the Federal Reser...
Payrolls show surprisingly strong gain of 467,000 despite omicron surge
Job growth rose far more than expected in January despite surging omicron cases that seemingly sent millions of workers to the sidelines, the Labor Department reported Friday. Nonfarm payrolls surged ...
Myanmar government plans to introduce digital currency to boost its economy
According to Bloomberg, Myanmar’s military government is planning to introduce its own digital currency in the region to bolster its economic prosperity. As sources report, a top spokesperson at the S...
How the Biden administration misread the inflation threat
U.S. Treasury Secretary Janet Yellen (L) and Federal Reserve Board Chairman Jerome Powell (R) testify during a hearing before Senate Banking, Housing and Urban Affairs Committee on Capitol Hill Novemb...
Long-term unemployment tumbles in January
A job seeker receives information from a recruiter during a job fair in Miami on Dec. 16, 2021. Eva Marie Uzcategui/Bloomberg via Getty Images Long-term unemployment fell significantly in January, con...
Stocks Fall, Bond Yields Surge After U.S. Economy Adds Back 467,000 Jobs In January
Topline The stock market fell on Friday while bond yields surged after the U.S. economy added back a much higher-than-expected 467,000 new jobs in January, a sign to investors that the Federal Reserve...
Stablecoin Economy Continues to Balloon as USDC’s Market Cap Crosses $50 Billion – Altcoins Bitcoin News
As the entire lot of 12,333 digital currencies hovers just above $1.8 trillion in value, the stablecoin economy has recently swelled to $178.8 billion or 9.9% of the entire crypto economy. Out of the ...
Amazon, Snap, Ford and more
Check out the companies making headlines before the bell: Regeneron Pharmaceuticals (REGN) – The drugmaker reported adjusted quarterly earnings of $23.72 per share, beating the $18.35 consensus estima...
at-home testing, from Covid to cancer, worth $2 billion dollars
The at-home testing market is bigger than just Covid tests, and it’s bigger than over-the-counter pregnancy tests. In fact, the emerging marketplace of consumer-initiated lab testing may be wort...
Republicans grill Fed nominee Raskin over past views on climate and big energy companies
Sarah Bloom Raskin, nominated to be vice chairman for supervision and a member of the Federal Reserve Board of Governors, gestures during a Senate Banking, Housing and Urban Affairs Committee confirma...
The US economy and Bitcoin prices
Similar to stocks, Bitcoin and the cryptocurrency market have also been hit by sell pressure after the Fed announced an upcoming robust interest rate hike to address worryingly rising inflation in the...
Digital Rupee Will Strengthen Digital Economy, Revolutionize Fintech – Bitcoin News
India’s prime minister, Narendra Modi, says an Indian central bank digital currency will strengthen the digital economy. The digital rupee will also revolutionize the fintech sector by creating new op...
CBDC Will Strengthen The Digital Economy
The Prime Minister of India – Narendra Modi – displayed his sympathy towards central bank digital currencies (CBDCs). He believes that they would boost the economy in the years to come. Modi Is Lookin...
Capri Holdings, Boston Scientific, Brinker and others
Check out the companies making headlines before the bell: Capri Holdings (CPRI) – The company behind Michael Kors and other luxury brands reported better-than-expected earnings for its latest quarter ...
Alphabet, PayPal, General Motors, AMD & more
The Google logo seen at the entrance to Google Cloud campus in Seattle. Toby Scott | SOPA Images | LightRocket | Getty Images Check out the companies making headlines in midday trading Wednesday. Alph...
Companies cut 301,000 as omicron slams labor market
Companies cut jobs in January for the first time in more than a year as the spread of the Covid omicron variant appeared to hit hiring, payroll processing firm ADP reported Wednesday. Private payrolls...
Pundit Offers Ingenious Solutions To The Problems Plaguing Axie Infinity’s Economy ⋆ ZyCrypto
Advertisement     An expert has proffered solutions to Axie’s economic woes. He believes it could no longer continue to be a source of universal basic income if the st...
Volatility to shock investors in messy market: BofA’s Subramanian says
Investors should proceed with caution, according to BofA Securities’ Savita Subramanian. Even though February kicked off on a strong note, she warned on CNBC’s “Fast Money” a m...
Restaurant recovery is being slowed by labor, supply costs
Robert Freeman is hopeful Congress will replenish the Restaurant Revitalization Fund as his restaurant continues to struggle in the pandemic. Kate Rogers | CNBC Rising labor and food costs are chippin...
Opinion: Biden borrows too much, while America’s economy hollows out
It’s easy to be distracted by Russia’s provocations in Ukraine and the Federal Reserve’s new war on inflation but as the economy recovers from the delta and omicron variants, difficult post-pandemic c...