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Latest cryptocurrency news and articles about bls. Stay updated with developments, analysis, and insights.
Crypto bulls brace for rout as Fed reacts to weak jobs data
Bitcoin and Ether are clawing higher as traders bet the Federal Reserve’s looming rate cut will unleash a fresh bullish wave. This aligns with the US labor market struggling with slowing economic grow...
3 min
Markets lock in 25bps Fed rate cut as US CPI hits 2.9% in August
CPI rose 2.9% in August, locking in a 0.25% rate cut from the Federal Reserve next week, plain and simple. The monthly number came in hot at 0.4%, jumping from 0.2% in July, according to the U.S. Bure...
3 min
Wall Street executives warn the U.S. economy is weakening despite strong earnings
The biggest names on Wall Street are finally saying what most people already feel: “Things aren’t looking good.” Even as traders bet on interest rate cuts and banks report high earnings, top executive...
4 min
Wall Street surges along with rate cut odds
Trump just got another win against the Federal Reserve, after new data from the Bureau of Labor Statistics on Wednesday showed that wholesale prices fell by 0.1% in August. That unexpected drop gave m...
3 min
US unemployment surges to 4.3% as labor market remains in contraction
The labor market slipped deeper into trouble in August. Only 22,000 jobs were added last month, way below the 75,000 economists expected. And unemployment shot up to 4.3%, according to the Bureau of L...
4 min
Crucial BLS Data Error: What It Means for Crypto Markets
BitcoinWorld Crucial BLS Data Error: What It Means for Crypto Markets The U.S. Bureau of Labor Statistics (BLS) has reported a significant BLS data error with its website’s data search tool. This come...
5 min