#economy
Latest cryptocurrency news and articles about economy. Stay updated with developments, analysis, and insights.
Trump wants aggressive rate cuts as Scott pushes structural changes
Donald Trump’s Treasury Secretary, Scott Bessent, has just finished weeks of interviews with 11 candidates for the top job at the Fed, all of them questioned about their stance on interest rates, asse...
China moves to curb destructive price wars across key industries
Chinese authorities are taking fresh action to stop brutal pricing battles playing out across major industries. Officials say selling goods below cost is damaging business health and hurting the broad...
China restricts rare earth and tech exports
China’s Ministry of Commerce tightened the country’s rare earth export controls on Thursday. China has also added restrictions on processing technology, preventing unauthorized overseas cooperation. A...
The S&P 500 closed at a record 6,753.72 and the Nasdaq hit 23,043.38 on Wednesday.
The S&P 500 shattered its own record on Wednesday, ending the day at 6,753.72, its highest close ever. The Nasdaq Composite also broke records, closing at 23,043.38, as tech stocks rebounded from Tues...
Russia raised oil output in September to 9.368 million barrels per day but still missed its OPEC+ target by 47,000 barrels
Russia turned the taps up in September, pumping out 9.368 million barrels of crude per day, Bloomberg reported, but still didn’t meet its OPEC+ quota. That production jump, a sharp 193,000 barrels per...
IMF Chief Shares Expectations Regarding FED Interest Rate Cut
In an interview with CNBC, International Monetary Fund (IMF) Managing Director Kristalina Georgieva highlighted the uncertainty surrounding the global economy, stating that markets should accept this ...
BREAKING: The Fed’s Much-Anticipated Meeting Minutes Have Been Released – Here Are All the Details
The minutes of the meeting containing details about the FED's 25 basis point interest rate cut decision taken last month have been published. Here are all the details you need to know from the minutes...
Bitcoin Surges as Fed Minutes Hint at Further Rate Cuts
Bitcoin rallied significantly before the Fed minutes release, boosting investor confidence. Fed minutes suggest potential for further interest rate cuts, impacting cryptocurrency markets. Continue Rea...
Watch Out: The FED Minutes Will Be Published Shortly – Here’s the Time and What You Need to Know
Minutes from the Fed's September meeting may indicate that officials are beginning to consider ending the balance sheet reduction plan. The Fed cut interest rates by 25 basis points at its last meetin...
US Tariffs Shake Global Trade Dynamics
US tariffs significantly impact global trade and national economy. IMF insights influence Bitcoin price increases and challenge inflation assumptions. Continue Reading: US Tariffs Shake Global Trade D...
US dollar hits two-month high as weak growth in Europe and Asia hit G10 currencies
The dollar climbed near a two-month high on Wednesday, according to Bloomberg, as currencies across Asia-Pacific and Europe got hammered by growing economic and political risks. The Bloomberg Dollar S...
France flirts with defaulting on EU standards as debt bomb, political chaos shakes markets
France is locked in a financial mess with no real leadership, and Brussels is watching it unfold with clenched jaws. President Emmanuel Macron’s government has collapsed for the fifth time in under tw...