At the moment, bitcoin traders appear to be taking the shift lightly, as BTC prices are up 3.93% intraday. In our view, few U.S. data points exist between now and the July 27 meeting that are likely t...
Tag: Fears
Apple Reportedly Plans To Slow Hiring Amid Recession Fears
Topline Apple shares slid in early Monday afternoon trading after Bloomberg reported the technology giant plans to scale back hiring and spending growth in some areas of its business due to worries ab...
High-Yield Dividend Stocks Stay Dominant As Basic Materials Get Blasted On Recession Fears
Equity markets took it on the chin following disappointing reports on inflation last week that came in much hotter than expected and dashing expectations that the data would show inflation moderating....
Retail sales up 1% in June, easing fears of a recession
Commerce Department figures show that consumers are still spending on nonessentials such as gadgets and furniture, but department stores took a hit. Above, a shopper at Hardwear clothing store in Los ...
Copper Suffers Its Worst Week in a Year on Recession Fears
(Bloomberg) — Copper capped its worst weekly decline in a year, at one point dropping below $7,000 a ton for the first time since 2020 amid deepening recession concerns. Most Read from Bloomberg...
Western companies face ‘existential crisis’ as fears grow of Chinese invasion of Taiwan
taiwan illo Days after the Ukraine conflict erupted, Apple, BMW, McDonald’s and other Western giants lined up to announce they were quitting Russia in protest. “This moment calls for unity, it c...
Crude oil prices remain sub $100 as recession fears slow down markets
On July 14, Crude Oil WTI settled below $96 per barrel, while Crude Oil futures hit $91 per barrel hitting the lowest level since February. Escalating fears of low demand and economic slowdown contin...
Federal Reserve Emphasized Higher Inflation Fears and Possible Recession in Latest Beige Book
The Federal Reserve Beige Book says that consumer spending has been flat over the past week in New York. In its Beige Book, a survey by the Federal Reserve revealed increased recession fears and the ...
Stocks finish mixed as investors weigh rate hikes, recession fears
U.S. stocks extended losses Thursday as investors digested earnings and recession talk from Wall Street’s big banks while reeling from shock inflation data that raised the possibility of a 100 b...
Celsius vows to return from bankruptcy but expert fears repeat of Mt. Gox
Crypto lending platform Celsius confirmed on Wednesday that it has initiated Chapter 11 bankruptcy proceedings in the Southern District Court of New York. The announcement was shared on the company’s ...
Fed report finds higher fears of inflation and potential recession
A Federal Reserve economic survey released Wednesday pointed to elevated recession fears along with a belief that soaring inflation will last at least through the end of the year. The central bankR...
US Inflation Records 9.1% Growth in June as Recession Fears Heighten
The growth in the US Inflation rate is also notably weighing down on the hoard of digital currencies beginning with Bitcoin. The latest inflation data released by the Bureau of Labor Statistics today...
Recession Fears Are Top Of Mind, But We Should Be More Worried About America’s Weak Economic Growth
WASHINGTON, DC – MAY 04: U.S. President Joe Biden speaks during an event at the Roosevelt Room of … [+] the White House on May 4, 2022 in Washington, DC. President Biden delivered remarks ...
Dow Falls 300 Points After ‘Ugly’ Inflation Report Adds To Recession Fears
Topline The stock market tanked on Wednesday after the Labor Department reported inflation unexpectedly surged to new highs in June, adding to already widespread recession fears as investors believe t...
Inflation Spiked 9.1% In June—Hitting New 40-Year High As Price Surge Fuels Recession Fears
Topline As rapid inflation fuels growing recession fears, new data showed consumer prices rose 9.1% in the 12 months ending in June, hitting a worse-than-expected 40-year high after an unprecedented s...
Vauld To Reveal Backup Plan Amid Nexo Deal Talks, Customer Fears
As Vauld customers await a plan towards resolving the fund crisis, the company looks all set to reveal an update. Also, the company is yet to reveal how the talks with Nexo are going with respect to a...
Labor Market Added 372,000 Jobs In June As Layoffs And Recession Fears Grow
Topline The U.S. labor market—one of the economy’s strongest pillars during the pandemic recovery—added back 372,000 jobs in June, performing better than economists projected amid concerns the Federal...
2 media stocks Citi sees as potential buys despite recession fears
No two recessions are alike, the only things that they have in common are that they’re painful and that value destruction occurs. With a possible recession on the way, numerous investors are concerned...
BofA Says Recession Fears Prompt Investors to Dump Stocks Again
(Bloomberg) — Investors are hoarding cash and hiding in US Treasuries as they dump equities amid fears that the US economy is headed for a recession. Most Read from Bloomberg Nearly $63 billion ...
Bitcoin price crosses US$22K; Fed cools recession fears
Reuters Lawsuit accuses troubled crypto lender Celsius Network of fraud A former investment manager at Celsius Network sued the crypto lender on Thursday, saying it used customer deposits to rig the p...
Asia Broadband acquires more gold amid global recession fears
Asia Broadband Inc. (OTCMKTS: AABB) has been acquiring more gold deposits as the global recession continues to bit. The move aims to give Asia Broadband and its gold-backed hybrid cryptocurrency, the ...
Food Inflation Fears Abate as Cooking Oils and Grains Plummet
(Bloomberg) — Worries over surging global food costs are easing as prices of everything from cooking oils to wheat and corn tumble to the lowest levels in months on increasing physical supplies ...
Euro Underperforming against Dollar as Recession Fears Loom
The Eurozone’s inflation data came in at 8.6% in June, a figure that has prompted the European Central Bank (ECB) to give advance notice to market stakeholders of its intentions to hike interest rates...
Oil Plunges As Recession Fears Mount: Gas Prices Set To Tumble
Updated at 4:24 pm EST Global oil prices plunged the most in several weeks Tuesday as investors pared bets on crude and commodities demand amid increasing signs of recession in the world’s bigge...
Oil tumbles as much as 10%, breaks below $100 as recession fears mount
Oil well pump jacks operated by Chevron Corp. in San Ardo, California, U.S., on Tuesday, April 27, 2021. David Paul Morris | Bloomberg | Getty Images Oil prices tumbled Tuesday with the U.S. benchmark...
Dow Falls 700 Points As Euro Sinks To 20-Year Low Against The Dollar With Global Recession Fears ‘Front And Center’
Topline The stock market fell on Tuesday, adding to recent losses as investors returning from the holiday weekend face renewed fears of a looming recession, while shares of Tesla slumped after the ele...
Recession Fears Continue to Rock Markets Even as June Jobs Report Draws Nearer
Amid talks of a recession and contracting markets, economists expect the upcoming jobs report will show an additional 250,000. Investors and market observers continue to show fears of a likely recessi...
Circle’s CEO Quells USDC Fears
Circle’s CEO has distributed a Twitter string subduing fears He added that it is reasonable why the crypto local area would stress over USDC He reaffirms Circle is focused on being straightforward wi...