Latest Inflation Surprise Sends Treasury Curve And U.S. Dollar To Record Levels

UNITED STATES – JULY 6: Gas prices are displayed on a sign at a gas station in Williams, Ariz., on … [+] Wednesday, July 6, 2022. (Bill Clark/CQ-Roll Call, Inc via Getty Images) CQ-Roll Ca...

Hyosung America To Enable BTC Buying For 1750000 ATMs In The U.S

Hyosung America and Digital Mint partners to enable BTC buying across 1750000 ATMs in the U.S. through an app.  Hyosung America will add Digital Mint crypto services to its upcoming API-based app...

Hyosung America’s 175,000 ATMs in the U.S to Process Crypto Transactions

Bitcoin News Hyosung America also intends to include DigitalMint in its upcoming app store. The ATMs will be able to do more, including creating new income streams. POS firm DigitalMint has establishe...

Crypto Daily – Daily Crypto And Financial News 14/07/2022, 3AC Liquidators Get Greenlight To Claim U.S. Assets

In Todays Headline TV CryptoDaily News: Court permission Liquidators for crypto hedge fund Three Arrows Capital obtained U.S. court permission to issue subpoenas and lay claim to the bankrupt Singapor...

SEC Chief Gensler questions whether deal can be made to keep Chinese stocks listed in U.S.

A deadline is fast approaching for U.S. and Chinese regulators to strike a deal that would enable investors to continue to trade stocks of Chinese companies on U.S. exchanges, but Securities and Excha...

6.2 Million U.S. Children Suffered Traumatic Brain Injuries From Sports Equipment From 2000 To 2019, With A Higher Increase Among Girls, Study Finds

Topline Traumatic brain injuries related to consumer products – mainly sports equipment – accounted for 12.3% of all consumer product-related children’s emergency room visits reported in the U.S. in 2...

Tesla’s Long-Time Partner Panasonic Building $4 Billion EV Battery Plant In Kansas

Panasonic’s new Kansas battery plant will be among the largest in the U.S. Panasonic Energy Panasonic, Tesla’s main battery manufacturer and a key investor since the company’s earliest days, say...

Amazon Prime Day Drove 2022 Record For Online Sales

Topline The first 24 hours of Amazon’s annual Prime Day sales event made Tuesday the busiest day for total U.S. online spending so far this year, with $6 billion in spending across all e-commerce site...

National Suicide Hotline Launches This Weekend—Those In Need Can Dial 988

Topline A new national suicide prevention hotline will launch Saturday across all U.S. states and territories, allowing those in need to dial 988 on their phones to be connected with someone who can p...

Caching Issues, Deal Overwhelm, But A Positive Ruckus Overall

We’re in the final innings of the annual shopping marathon known as Prime Day. Concrete data on performance will only start hitting tomorrow. But brands who sell on AmazonAMZN have spent the past 36 h...

U.S. Will Fall Into Recession This Year As ‘Worrisome’ Forces Grow, Bank Of America Warns

Topline Bank of America economists became the latest experts predicting the U.S. will fall into a recession over the next year, telling clients a number of forces have pushed the economy to slow more ...

The “Pasta Bowl Recession” – What It Means For Investors

AFP via Getty Images Key takeaways Sean Snaith predicts that the U.S. is on its way to a “Pasta Bowl Recession” This recession, he says, could come in gradually and ease up just as gradually, just lik...

Bitcoin wipes $15 billion from market cap in 10 mins as U.S. inflation data runs hot

On July 12, the price of Bitcoin (BTC) stabilized into a steady holding pattern ahead of the release of U.S. inflation data, which ultimately injected further downwards volatility. Indeed, news that i...

U.S. Inflation Hits 40-Year High of 9.1%

Key Takeaways U.S. inflation hit a 40-year high of 9.1% in June 2022, the U.S. Bureau of Labor Statistics confirmed today. Rising energy and gas costs were the biggest contributors to the surge. Bitco...

It Costs Nearly $20,000 To Have A Baby In The U.S., Study Finds

Topline Having a baby in the U.S. costs around $20,000, according to research published Wednesday by the Kaiser Family Foundation, an expense that leaves many families struggling and disproportionatel...

U.S. stock futures inch up ahead of CPI data that could show inflation at 40-year high

U.S. equity futures inched higher on Wednesday, though trading was timid ahead of U.S. data that could show stubborn inflation forcing a faster pace of rate rises from the Federal Reserve. How are sto...

Chinese companies look to U.S. and Asia as growth slows at home

BEIJING — Some Chinese consumer brands are looking for growth overseas, in markets like the U.S. and Southeast Asia. Take Miniso, a Guangdong-based seller of toys and household products. Sometimes cal...

U.S. federal researchers say digital dollar may improve rather than worsen financial stability

One of the primary worries raised concerning a central bank digital currency (CBDC) is the possibility that it might increase the frequency of run on banks and other financial intermediaries. However,...

Chinese Military Claims Drove Away U.S. Navy Warship Operating In South China Sea

Topline The Chinese military on Wednesday claimed it had “driven away” a U.S. Navy warship sailing near a set of disputed islands in the South China Sea, a move that is likely to raise tensions in a r...

U.S. June inflation report circulating on internet Tuesday is fake, Bureau of Labor Statistics says

The U.S. Bureau of Labor Statistics said Tuesday that a release circulating online purporting to show June inflation data, due for release on Wednesday morning, was a forgery.  “We’re aware of a fake ...

LeBron James Wonders If Griner Should Want To Return To U.S.

Topline LeBron James said in footage released Tuesday he would consider if he would even want to return to the United States if he was in the Russian-detained WNBA star Brittney Griner’s position, sug...

Euro And Dollar Are Equal For First Time In 20 Years–Here’s What It Means For Americans

Topline The euro and the U.S. dollar are equal for the first time in 20 years, as Russia threatens to cut off gas to the west and inflation rates soar, sparking fears of a European recession. The euro...

U.S. And China Emissions Caused $1.8 Trillion Each In Worldwide Economic Damages Over 25 Years, Study Estimates

Topline Greenhouse gas emissions in the United States and China from 1990 to 2014 caused a combined $3.6 trillion in economic damages around the world, according to a study published Tuesday by resear...

U.S. Heartland China Association Gets Foundation Grant

Henry Luce, the China-born editor-in-chief of Time, Inc., in 1956. The publication has changed … [+] hands more than once since. (AP Photo) Copyright 1956 AP. All rights reserved. This material ...

U.S. emissions caused $1.8 trillion in global economic losses: study

An aerial view of Phillips 66 oil refinery is seen in Linden, New Jersey, United States on March 8, 2022. Tayfun Coskun | Anadolu Agency | Getty Images The U.S. and China, the world’s two greate...

Hospitalizations have doubled since May as omicron BA.5 sweeps U.S.

Medical staff treat coronavirus disease (COVID-19) patient Frank Clark in his room on an isolated medical unit floor at Western Reserve Hospital in Cuyahoga Falls, Ohio, January 5, 2022. Shannon Stapl...

10 U.S. real estate markets that are cooling the fastest

David Ryder | Getty Images After staggering growth during the pandemic, the U.S. housing Boismarket is starting to cool — and it’s happening fastest along the West Coast. The quickest-cooling re...

ISIS Leader Killed By US Airstrike, Military Confirms

Topline Maher al-Agal, a leader of the Isalmic State terrorist group, was assassinated by a U.S. drone that struck in northwest Syria, the U.S. Central Command (CENTCOM) confirmed Tuesday, ahead of Pr...

Salary Needed to Afford Home Payments in the 15 Largest U.S. Cities – 2022 Edition

SmartAsset: Salary Needed to Afford Home Payments in the 15 Largest U.S. Cities – 2022 Edition Housing costs for new homeowners are at an all-time high with double digit home price increases ove...

U.S. yield curve most inverted in 15 years

U.S. Treasury yields fell on Tuesday as investors sought the safety of government debt amid floundering equity markets and lingering global economic growth concerns ahead of U.S. consumer price index ...

U.S. Judge Partly Grants and Denies Ripple’s Motion Against SEC Over Experts Reports

Judge Analisa Nadine Torres of the U.S. District Court for the Southern District of New York has partly granted and denied Ripple’s motion against the U.S. SEC’s “unprecedented” move to seal the ident...

U.S. Secures 3.2 Million Novavax Covid Vaccines — Offering Alternative To MRNA Shots As New Variant Spreads

Topline The Biden administration announced Monday it has secured 3.2 million doses of the two-dose Novavax Covid-19 vaccine, which it plans to release for free pending emergency authorization from the...