US Federal Reserve Chairman, Jerome Powell, testifies before the House Financial Services Committee on “The Semiannual Monetary Policy Report to the Congress,” in Washington, DC, on March ...
Tag: Prices
Why the Federal Reserve raises interest rates to combat inflation
The Federal Reserve building in Washington, January 26, 2022. Joshua Roberts | Reuters The Federal Reserve is poised to announce its first interest rate hike since 2018 on Wednesday. The central bank ...
5 Top Cryptocurrency to Buy On Cheap Prices – March 2022 Week 3
The cryptocurrency market continues its slow slide downwards. Amid the ongoing war in Ukraine, its total cap has fallen by 1.7% in the past 24 hours. At $1.79 trillion, it has also fallen by roughly 2...
Elon Musk moves the prices of Bitcoin, ETH and Dogecoin
Elon Musk will not sell his Bitcoin, Ethereum and Dogecoin and the three cryptocurrencies are expressing their gratitude, as their prices show slight gains. At a time when the market is having a toug...
Tesla will probably hike prices soon because of inflation, says analyst
The price for a Tesla (TSLA) may be going up again as the automaker confronts surging inflation. “I think they will announce in the next two weeks probably another price increase. They still hav...
SOL/USD sink to lows of $82.85, prices are likely to break lower
TL;DR Breakdown Solana price analysis reveals a bearish trend Bears have pulled the prices below $80.0 previous support levels The current support is at $80.15 but is likely to go lower Cryptocurrenci...
Blockchain play-and-earn games focus on building even as NFT prices fall
Nonfungible tokens (NFTs) were in a strong bull run from Jan. 1 to mid-February. During this time, OpenSea volumes topped $5 billion and then fell to $3.6 billion toward the end of February. This coul...
Stocks mixed, oil prices fall as traders look ahead to Fed decision
The S&P 500 and Dow rose Monday to shake off some recent losses, with investors looking ahead to the Federal Reserve’s next monetary policy decision later this week amid an ongoing war in Uk...
Elon Musk says own ‘physical things’ when inflation is high, but he’s not selling his crypto
Elon Musk, CEO of Tesla, stands on the construction site of the Tesla Gigafactory in Grünheide near Berlin, September 3, 2020. Patrick Pleul | picture alliance | Getty Images As inflation roars at a p...
As Crypto Prices Drop, Tom Brady Unretires
Alex Dovbnya Some are half-jokingly speculating that Tom Brady’s retirement could be linked to the disastrous performance of the cryptocurrency market Superstar quarterback Tom Brady’s sho...
Higher Oil Prices Could Spark A Bull Run For Tesla
Tesla’s (NASDAQ: TSLA) share price began 2022 at a near-record $1,200 after record quarterly deliveries of its electric vehicles (EVs). However, rising inflation and Omicron worries saw it fall to $76...
Uber Has an Answer to High Gas Prices (You Won’t Like It)
The Russia invasion of Ukraine has led to a significant spike in gasoline prices that has raised costs for anyone using an automobile, including truckers, delivery drivers, commuters and ride-sharing ...
Abra CEO Bullish on Ethereum, Predicts ETH Could Hit $40,000 – Markets and Prices Bitcoin News
Abra’s CEO has predicted that the price of ether could reach $40,000. He’s more bullish on Ethereum than Bitcoin. “The use cases are through the roof,” said the executive. Abra’s CEO Predicts Ethereum...
USD/RUB forecast: Ruble could rebound as commodity prices jump
The USD/RUB pair is hovering near its all-time high as investors avoid the toxic Russian ruble. It is trading at 114.8, which is a few points below its all-time high of 121. It has jumped by over 50% ...
De-dollarization will boost gold prices. 3 stocks to benefit
Gold price has surged in the past few weeks as demand for safe havens rose. It ended last week at $1,988, which was slightly below the year-to-date high of $2,072. It has jumped by over 18% from its l...
XRP, BTC, BNB Traders Believe Prices For These Coins Will Rise Soon: Report
Yuri Molchan A recent report from Santiment shows that traders expect prices to rise for these coins, but not for Polkadot Popular on-chain data provider Santiment has tweeted that trader sentiment is...
Shelling Out $30K or More in Ethereum — A Look at the Top 5 NFT Floor Prices – Markets and Prices Bitcoin News
Non-fungible token (NFT) assets have been very popular for well over 12 months and a great number of collections have skyrocketed in value. While interest in NFTs has slid to a four-month low accordin...
Oil Prices Are Slipping Again. Expect Volatility in Crude to Continue.
Text size Oil prices were on a tear long before Russia invaded Ukraine, but have since marched higher. Mario Tama/Getty Images Oil’s bounce back from its largest decline in two years failed as crude p...
Energy Firms Pay Record Prices to Buy Own Shares as Oil Booms
(Bloomberg) — Energy stocks are on a roll as soaring oil prices push them to record highs. So what are the companies doing with the windfalls? Buying back their shares. Most Read from Bloomberg ...
DeFi token prices are down, but utility is on the rise
The decentralized finance (DeFi) sector has been sitting in the backseat since whipping up a frenzy in the summer of 2020 through the first quarter of 2021. Currently, investors are debating whether t...
High Prices Persist, Even Though Automakers Build More Cars And Trucks In 2022
Ford Motor Co.’s Kansas CIty Assembly Plant FORD: David Kaup LAS VEGAS — Automakers can probably build an additional 2.6 million to 3.2 million vehicles this year vs. 2021, but even that many ve...
Rocketing Gas Prices Hurt Consumers
FILE – An attendant walks past a pump at a station selling gas at over $6 a gallon, Monday, March 7, … [+] 2022, in Los Angeles. Higher gas prices are likely to material hit consumer spend...
Data Shows US Consumer Prices Hit a 40-Year High, Biden Blames Inflation on ‘Putin’s Aggressive Actions’ – Economics Bitcoin News
Following the record 7.5% high for January, the U.S. Labor Department’s Consumer Price Index (CPI) data shows February’s CPI metrics rose to 7.9%. The CPI data published on Thursday is a new 40-year h...
The Andersons is expected to benefit from rising wheat prices. Should you invest in the stock?
The Andersons, Inc. (NASDAQ:ANDE) received increased attention this week due to the ongoing crisis in Ukraine. ANDE is expected to gain after it emerged that the war in Ukraine would disrupt wheat mar...
As The Inflation Surge Continues, Here Are Three Key Things To Watch
Gas prices are displayed at a Sunoco filling station in Warminster, Pa., Wednesday, March 9, 2022. … [+] (AP Photo/Matt Rourke) ASSOCIATED PRESS Headline inflation came in at 7.9% for February 2...
There’s ‘nowhere to hide’ for consumers as inflation hits food, gas, housing
David Sacks | Getty Images Consumer prices are rising at their fastest pace in decades — and that inflation has been most acute in household staple items like food, housing and transportation, making ...
Crypto Prices Fall Lower as Markets Continue to Digest Biden’s Executive Order – Market Updates Bitcoin News
Less than 24 hours after U.S. President Biden’s executive order, cryptocurrency markets were back in the red, as the global market cap fell by over 5%. Bitcoin was once again trading below $40,000, wi...
Inflation Spiked 7.9% In February—Hitting 40-Year High Amid Growing Uncertainty Over Record Gas Prices
Topline Consumer prices rose 7.9% in the 12 months ending in February, according to data released Thursday by the Labor Department, climbing at the quickest pace in four decades amid an unprecedented ...
What Credit Suisse’s Shocking Prediction Means For Bitcoin And Crypto Prices
Bitcoin and cryptocurrency prices are on a tear this week. Bitcoin’s price rocketed up past $40,000, gaining 11.7% from its lowest March point. Other major cryptos also rose but trailed in bitcoin’s w...
Whales Scoop Up Massive Amounts of Bitcoin, Ethereum and SHIB as Prices Fall: Details
Tomiwabold Olajide As price dips, whales grab significant amount of Bitcoin, ETH and SHIB: details Per WhaleStats data, in recent hours, whales have been grabbing assets such as Bitcoin, Ethereum, Shi...
Frackers Say Bottlenecks Impede Output Boost as Oil Prices Soar
American shale drillers say there are limits to how much and how quickly they can boost shaky oil supplies following Russia’s invasion of Ukraine, cautioning that supply-chain issues, investors wary o...