#economy
Latest cryptocurrency news and articles about economy. Stay updated with developments, analysis, and insights.
China wields lending influence to globalize the yuan
China is forcing the game to change. As the world’s largest lender, Beijing is now handing out favors… with strings. Countries deep in debt to China are being nudged into ditching the dollar, not by f...
Bitcoin Struggles Below Support Levels in Volatile Market
Bitcoin's recent price drops highlight ongoing market volatility and fragile sentiment. Long-term holders' profit-taking adds pressure, increasing the market's overall fragility. Continue Reading: Bit...
Is This the Reason Behind Today’s Drop in Bitcoin and Altcoins? Critical Development at the FED
The Fed lost access to critical employment data due to the government shutdown. According to the Washington Post, Fed officials cannot access data from ADP, which provides private sector employment da...
Trump orders sweeping new sanctions targeting Russia’s energy sector
The US Treasury Department has on Wednesday imposed the highly anticipated sanctions on Vladimir Putin’s Russia, striking directly at the country’s energy sector after what officials described as a la...
Innovations in Payment Processing Stir Debate at Federal Level
Governor Waller's proposal encourages private innovation in payment systems. The Federal Reserve ensures secure and efficient settlement layers. Continue Reading: Innovations in Payment Processing Sti...
Trump Tightens Trade Tactics with New Software Export Controls
The U.S. considers restricting global software exports to China. Continue Reading: Trump Tightens Trade Tactics with New Software Export Controls The post Trump Tightens Trade Tactics with New Softwar...
BREAKING: A Rumor Circulating That Could Have a Significant Impact on the US Trade War Against China
The Trump administration is considering a plan to restrict exports to China of global products containing or made with US software. The new export controls could affect a wide range of products destin...
Dana closes Auburn Hills plant, lays off 200 amid post-subsidy EV downturn
Dana Inc. has closed its Auburn Hills plant in Michigan, laying off at atleast 200 employees due to a slump in electric vehicle demand in the U.S. following the expiration of the federal tax credit. D...
Britain’s inflation rate remains unchanged for the third successive month
The UK inflation rate remained high in September, sitting at 3.8%, according to data from the Office of National Statistics (ONS). ONS data revealed that food and non-alcoholic drinks prices plummeted...
Diplomacy Prevails as US and China Navigate Crypto Waters Together
US-China communication strengthens, promising a stable environment for cryptocurrencies. Negotiations indicate a positive path forward amidst past confrontations. Continue Reading: Diplomacy Prevails ...
Trump admin Treasury touts trade deficit reduction due to tariff, spending strategies
The Trump administration’s Treasury claims its tariff strategy and tighter control of government spending are finally working to reduce the country’s massive trade deficit, according to internal analy...
India finally agrees to reduce Russian oil imports as part of U.S. trade deal
India is finally actually preparing to reduce its Russian oil imports as Washington moves closer to finalizing a major trade agreement that could drop tariffs on Indian goods from 50% down to 15%–16%,...