Economy


Markets

The Fed's Turning Hawkish as This U.S. Employment Indicator Flashes Red

Challenger job cuts for October rose to their highest in more than 20 years.

Hawkish remarks by a Fed official sent bitcoin falling.(Getty Images/Tim Chapman)

Markets

Fed Cuts Rate in 'Risk Management' Move as Bitcoin Eyes Possible Upside

The U.S. central bank lowered its benchmark rate range by 25 basis points to 4%-4.25%, citing softening labor markets and economic uncertainty.

Fed Chair Jerome Powell adjusts his glasses at a press conference.

Markets

Does the Fed Need to Cut Now? Bitcoin Crumbles Back Below $113K After ISM Services PMI

A stalwart in showing strong economic activity, the ISM Services PMI has moved notably slower over the past three months.

(Getty Images)

Markets

Bitcoin on the Brink of All-Time High as Macro Tailwinds Gather Strength

Record equity markets, surging money supply and fiscal risks set the stage for a historic July rally in the largest cryptocurrency.

A bull in a field (PublicDomainPictures/Pixabay)

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Markets

Bitcoin Week Ahead: Focus on Powell's Testimony, U.S. Core PCE as Tariff Deadline Looms

Friday's core PCE release is likely to show price pressures easing, but there is a fix.

markets, charts

Markets

Elon Musk Blasts U.S. Spending Bill as Debt Nears $37T

Tesla CEO calls Trump’s spending package the ‘Debt Slavery Bill’.

Elon Musk (Daniel Oberhaus/Flickr)

Markets

Much-Awaited Fed Rate Cut May Not Come Before Q4, ING Says

Delayed rate cuts could be more aggressive when they happen, the investment bank said.

Federal Reserve Chair Jerome Powell speaks during a news conference

Markets

Powell Likely to Wait Until Trump Blinks, 'Dr. Doom' Roubini Says

Roubini, known as Dr. Doom for predicting the 2008 financial meltdown, warned against relying on the Fed for a swift resolution to market instability.

Nouriel Roubini

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Markets

March Jobs Report a 'Heads I Win, Tails You Lose' Moment for Bitcoin Bulls

Bitcoin's price stability above March lows in the wake of Trump tariffs suggests seller fatigue.

(artellliii72/Pixabay)

Markets

Ether, Touted as Internet Bond, May Top $3K on Fed Rate Cut, Outperform Bitcoin: Omkar Godbole

Elevated interest rates in the U.S. have dented ether’s appeal as the internet equivalent of a bond, offering a fixed-income-like return on staking.

U.S. Federal Reserve Chair Jerome Powell testified that a U.S. CBDC isn't in the near future, and he said the Fed wouldn't design one to spy on Americans (screen capture, Senate Banking Committee video)