#economy
Latest cryptocurrency news and articles about economy. Stay updated with developments, analysis, and insights.
Russia's ruble becomes the world’s best-performing currency, up 40% against the dollar
The ruble has jumped nearly 40% against the U.S. dollar this year, making it the best-performing currency in the world so far in 2025, according to Bank of America. On Tuesday, the Central Bank of Rus...
The RBNZ cut its cash rate by 50 basis points to 2.5%
The Reserve Bank of New Zealand (RBNZ) cut interest rates by 50 basis points to 2.5% on Wednesday, taking strong action to boost the weak economy and signalling its readiness to make further cuts if n...
ECB President Lagarde calls to promote the euro as dollar suffers from Trump's policies
Christine Lagarde wants European governments to step up their game when it comes to the euro. The ECB president told an audience in Paris on Tuesday that the 20 countries sharing the currency can’t ju...
Conflicting Statements from FED Officials – Two Members Spoke, What Will Happen to Interest Rate Cuts?
FED officials made different statements about the interest rate cut process and the current risks in the economy. Minneapolis Fed President Neel Kashkari noted that rising electricity demand could rai...
Modi and Putin reaffirm India, Russia ties over birthday call
India and Russia just flipped the bird to the U.S. yet again. Earlier today, Prime Minister Narendra Modi called President Vladimir Putin to wish him happy birthday, but this wasn’t just about cake an...
Bitcoin Tumbles After New Record High
Bitcoin's price dropped after hitting a new record high. The Federal Reserve issued a stagflation warning for the U.S. Continue Reading: Bitcoin Tumbles After New Record High The post Bitcoin Tumbles ...
Canada trade slows down to $4.5 billion deficit in August, second-largest on record
Canada’s trade balance just fell off a cliff. In August, the country posted a $4.5 billion trade deficit, making it the second-largest on record. The only time it’s ever been worse was back in April. ...
WTO reverses April decline projections as 2025 goods trade forecast grows to 2.4%
The WTO has lifted its 2025 goods trade forecast to levels not seen since before the pandemic as artificial intelligence and tariff-driven imports rewire global flows. On Tuesday in Geneva, the trade ...
Strategists flag French banks, telecoms, domestic companies as investment risks
Investors are being warned to avoid banks, telecom firms, and other domestic-facing companies in France as political risk takes center stage. Prime Minister Sebastien Lecornu, who had been in office f...
China is building out oil reserves at full speed ahead of emergency outcomes
China is building out its oil reserves at full speed after the war in Ukraine exposed just how risky it is to rely too much on foreign fuel. According to Reuters, the government ramped up its storage ...
Trump admin considering offloading parts of $1.6 trillion student loans to private investors
Donald Trump’s administration is now reviewing ways to sell large portions of the government’s $1.6 trillion student loan portfolio to private investors, according to Politico. The talks, which have b...
Emerging market stocks log biggest rally since 2009 as dollar tumbles
Emerging market stocks have recorded their strongest rally since 2009 as a falling U.S. dollar and cheap valuations attract investors back to developing countries. An MSCI benchmark tracking these sto...