#economy
Latest cryptocurrency news and articles about economy. Stay updated with developments, analysis, and insights.
The U.S. Treasury Strikes with Bold Measures
The U.S. aims to collaborate with Europe on sanctions against Russia. Continue Reading: The U.S. Treasury Strikes with Bold Measures The post The U.S. Treasury Strikes with Bold Measures appeared firs...
France’s 10-year yield sees 3.51% spike after Fitch downgrades economy
France’s bond markets jolted Monday morning after Fitch cut the country’s credit rating late Friday, pushing the 10-year yield up 7 basis points to 3.5132% by 7:40 a.m. London time, according to data ...
British investment bank Barclays spoke clearly about the Fed's September interest rate decision! "The decision is clear! However…"
The Fed will announce its critical interest rate decision in just two days, on September 17. While the market considers a rate cut a certainty, a 25 basis point rate cut is priced in at 94.2%, and a 5...
Russia returns to 90s post-Soviet barter trade as Western sanctions bite
Trade sanctions from across the Atlantic have Russia’s foreign commerce considering barter trade for the first time in three decades. Companies are reportedly swapping wheat and cars with the Chinese ...
US and UK set to announce energy, tech deals during Trump’s visit this week
The US and Britain are expected to announce several agreements ranging from nuclear energy, technology, and trade during President Donald Trump’s second state visit in as many months. The visit expect...
South Korea shelves capital gains tax reform after investor revolt
South Korea has abandoned the capital gains tax plan, reducing it from 5 billion won to 1 billion won after facing a backlash from retail investors. Some lawmakers also warned that the plan would risk...
US Democrats urge Scott Bessent to press China on overproduction
Democrats in Washington told Scott Bessent to go hard on China this week as he meets their officials in Spain. On Friday, members of the House Select Committee on China sent a letter urging Scott, alo...
China’s economy lost momentum in August
China’s economy lost momentum for another month in a row, with fresh data showing a deeper-than-expected slowdown and a sharp pullback in investment. The figures raise the odds that Beijing will add s...
The UK and the US will sign a nuclear power deal during Trump’s visit
The US and Britain are set to sign a deal this week to collaborate on boosting nuclear power, the UK government said. The agreement will draw in investment for new plants and reactors in the country. ...
Traders see no major volatility spike, even as $5 trillion in triple-witching options expire Friday
Markets are staring down a week packed with chaos triggers, but traders aren’t twitching. A $5 trillion triple-witching options expiry lands on Friday, just two days after the Federal Reserve is expec...
Fed Plans Interest Rate Cut While Bitcoin Awaits Market Impact
Fed prepares to cut interest rates to between 4.00%-4.25% on September 17. Rising inflation complicates the potential impact of further rate reductions. Continue Reading: Fed Plans Interest Rate Cut W...
U.S. and Chinese officials meet in Madrid to discuss trade, TikTok divestment, and tariffs over Russian oil
U.S. and Chinese officials met in Madrid on Sunday to deal with three major fights: trade tensions, the deadline to force TikTok out of U.S. hands, and Washington’s campaign to punish China over oil p...