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Latest cryptocurrency news and articles about economy. Stay updated with developments, analysis, and insights.

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OPEC+ plans to raise oil production by 137,000 barrels per day in November

OPEC+ plans to raise oil production by 137,000 barrels per day in November

OPEC+ is expected to approve another production increase of 137,000 barrels per day at its meeting next Sunday, according to a report from Reuters on Sunday. This follows months of output hikes since ...

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1 min
US confirms that South Korea is not manipulating currency

US confirms that South Korea is not manipulating currency

A spokesperson for South Korean President Lee Jae-myung, Kang Yu-jung, has reportedly announced that the United States (US) has acknowledged that the country is not manipulating its currency to achiev...

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1 min
US job growth barely improved in September as with hovers close to 2021 highs

US job growth barely improved in September as with hovers close to 2021 highs

US job growth barely improved in September, with joblessness still hovering close to its highest point since 2021. Unemployment rate is still at 4.3% and according to a Bloomberg survey, only about 50...

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Slovakia tells Trump it won’t stop buying Russian oil now

Slovakia tells Trump it won’t stop buying Russian oil now

Slovakia told Donald Trump Saturday that it has no fast plan to stop taking Russian oil. President Peter Pellegrini gave the message during talks with the U.S. president in New York on September 23. T...

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US President Donald Trump Shares an Interesting “You’re Fired” Post About Fed Chairman Jerome Powell

US President Donald Trump Shares an Interesting “You’re Fired” Post About Fed Chairman Jerome Powell

US President Donald Trump shared a humorous image targeting Federal Reserve Chair Jerome Powell on social media on Saturday. The image shows Trump telling Powell, “You're Fired!” Trump has frequently ...

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Stock market props U.S. economy despite stalled jobs and political uncertainty

Stock market props U.S. economy despite stalled jobs and political uncertainty

The stock market is keeping the U.S. economy afloat while jobs stay flat and politics add more uncertainty. Consumer spending in August beat forecasts and incomes rose, even as many expected the count...

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1 min
ECB will not be used as a tool to clean up government fiscal failure, Olaf Sleijpen

ECB will not be used as a tool to clean up government fiscal failure, Olaf Sleijpen

The European Central Bank (ECB) will not be used as a tool to clean up government fiscal failures, and anyone expecting that should stop now. That was the clear message from Olaf Sleijpen, the Dutch c...

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1 min
Tehran faces UN sanctions after missing 30-day deadline to meet Western demands

Tehran faces UN sanctions after missing 30-day deadline to meet Western demands

United Nations penalties will return on Iran tonight after the Islamic Republic failed to meet conditions set by the UK, Germany and France. The three governments triggered the “ snapback ” clause of ...

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Wall Street banks expect the euro to climb past $1.20 soon

Wall Street banks expect the euro to climb past $1.20 soon

Wall Street is betting that the euro rally still has legs. The currency has already surged over 12% this year, and big-name banks now say that’s just the beginning. According to the Financial Times, G...

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1 min
Day traders pull $7 billion from high-risk leveraged ETFs in September, the biggest outflow since 2019

Day traders pull $7 billion from high-risk leveraged ETFs in September, the biggest outflow since 2019

Stock markets remain near record highs and economic numbers keep beating expectations, but a closer look reveals traders are starting to step away from the riskiest bets that drove much of this year’s...

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1 min
Major pharma shares tanks after President Donald Trump announced 100% tariffs on imported branded medications

Major pharma shares tanks after President Donald Trump announced 100% tariffs on imported branded medications

Major drug company shares declined Friday after President Donald Trump announced 100% tariffs on imported branded medications, though analysts believe most large pharmaceutical firms will escape serio...

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BRICS-backed New Development Bank plans to issue its first rupee bond in India by March 2026

BRICS-backed New Development Bank plans to issue its first rupee bond in India by March 2026

The New Development Bank, backed by BRICS countries, is working toward its first Indian rupee bond sale in the domestic market by March 2026, according to Reuters. The move is part of a growing push b...

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1 min