#economy
Latest cryptocurrency news and articles about economy. Stay updated with developments, analysis, and insights.
European stocks close strongest week in six months, as STOXX 600 closes at record highs
European equities wrapped up their strongest week in half a year on Friday, driven by heavy buying in healthcare and mining shares, as investors locked in wagers on another Federal Reserve rate cut la...
Trump-appointed Miran continues backing aggressive Fed rate cuts
Fed Governor Stephen Miran wants the central bank to apply a “brisk pace” in its rate cuts, differing from the opinion of other officials who advocate for a cautious approach. Dallas Fed President Lor...
India’s rupee hit a record low of 0.011268 against the dollar
India’s rupee crashed to a record 0.011268 against the dollar on Friday, even as the country’s equity benchmarks and bond markets posted broad gains. The historic plunge comes under President Donald T...
U.S. Treasury plans a $1 coin featuring Trump for the 250th U.S. Independence anniversary
The Treasury Department confirmed on Friday it’s working on a $1 coin featuring Donald Trump, tied to the 250th anniversary of U.S. independence next year. The coin design was ordered by U.S. Treasure...
New Development in the US Government Shutdown Crisis – Next Critical Date Set
The US government shutdown is entering its second week, effective October 4. The Senate voted today to reject two stopgap budget proposals submitted by both Democrats and Republicans, effectively endi...
45 DOGE staffers remain on the White House payroll despite the government shutdown and Elon Musk’s departure
Forty-five employees of Elon Musk’s Department of Government Efficiency (DOGE) remain on the White House payroll despite the Tesla CEO’s exit in May, and they are not being furloughed under the curren...
Two Top Officials at the Federal Reserve, Jefferson and Logan, Discussed Interest Rate Cuts and the U.S. Economy
Fed officials continue to emphasize the need for cautious monetary policy. Fed Vice Chairman Philip Jefferson said today that the economy is facing two challenging challenges simultaneously: a weakeni...
Crypto Markets Soar as Pandemic-like Monetary Policies Return
October kicks off with cryptocurrency gains fueled by positive news. Trump's proposed stimulus checks revive pandemic-like economic conditions. Continue Reading: Crypto Markets Soar as Pandemic-like M...
Goldman Sachs CEO warns of a possible 20% market correction driven by the AI-related speculative nature
Amazon founder and Goldman Sachs CEO have warned that Wall Street’s artificial intelligence boom is showing signs of a bubble. Both leaders spoke today at the Italian Techweek, warning investors to be...
Trump’s Newly Appointed FED Member Stephen Miran Makes Unusual Statements About the Economy
Stephen Miran, the new member of the Fed Board of Governors, who was reportedly appointed by President Donald Trump because of his closeness to him, made remarkable statements about the US economy and...
U.S. equity funds log biggest inflows since 2024 as Fed rate cut looms
U.S. equity funds recorded increased inflows at the beginning of October as the likelihood of another rate cut by the Fed looms this month. LSEG Lipper data revealed that U.S. equity funds received $3...
US Government Shutdown Suspends Data! How Will This Affect the Fed? Three Fed Members Speak Out!
As a result of the US shutdown, the government will suspend all operations except essential services and many employees will be furloughed. This will negatively impact the functioning of government in...