#economy
Latest cryptocurrency news and articles about economy. Stay updated with developments, analysis, and insights.
Iran threatens to withdraw from nuclear talks if Europe presses economic sanctions
Iran says if Europe pulls the trigger on UN sanctions, nuclear inspections are off. On Sunday, Tehran’s Supreme National Security Council warned that the entire agreement with the International Atomic...
China's yuan climb sets the stage for emerging-market currencies rally
China tightened the leash on its currency and let the yuan rise sharply against the dollar on September 9, signaling what looks like a new phase in Beijing’s foreign exchange playbook. The People’s Ba...
How will markets move after Federal Reserve cuts rates on Wednesday?
On Wednesday, the Federal Reserve will lower interest rates for the first time this year, citing damage in the labor market as the main reason behind the decision. This will make 2025 only the third y...
Investors Brace for Federal Reserve Decision While Markets Show Signs of Volatility
Inflationary pressures persist with both CPI and PPI showing yearly increases. The labor market remains stagnant, with limited job growth and steady unemployment. Continue Reading: Investors Brace for...
Wall Street is booming, but most Americans still feel like the economy is in a recession
Wall Street just wrapped a record-smashing week. Stocks are riding high, and corporate earnings are beating expectations. Every company tied to anything remotely related to AI is swimming in cash. Ana...
Trump pushes NATO to lead coordinated economic strikes on Russia, China
Donald Trump is demanding immediate action from NATO and America’s G-7 allies. In a public message posted on Truth Social, the U.S. President said he’s ready to hit Russia with heavy sanctions, but on...
UK's Starmer prepares to host Trump as Epstein, tax scandal clouds loom overhead
Donald Trump is flying into the UK on Tuesday for his second state visit as president, but the timing could not be worse for Prime Minister Keir Starmer. The trip, already controversial, now collides ...
Morgan Stanley and Deutsche Bank Predict How Much the Fed Will Cut Interest Rates
Morgan Stanley and Deutsche Bank both predicted the Fed would cut interest rates at its remaining three meetings this year. In separate reports, the two institutions said they expect 25 basis point cu...
Investors are holding over $7.6 trillion funds and they’re not moving it into Wall Street
There’s now over $7.6 trillion just sitting in money market funds, doing absolutely nothing flashy. That’s the highest on record, according to Crane Data, and most of this cash isn’t under mattresses ...
Trump's fraud allegations on Lisa Cook challenged
A signed loan estimate tied to Lisa Cook’s Atlanta home is now threatening to blow a hole straight through Trump’s fraud allegations. The document, reported by Reuters, clearly shows Cook told her len...
The Fed's balance sheet cuts are driving short-term borrowing costs higher
Short-term borrowing is getting expensive again in the U.S., and traders aren’t ignoring it. According to data from Bloomberg, the surge started when the Federal Reserve began slicing down its balance...
The Nasdaq ended the week at a record high of 22,141.10, boosted by Tesla and tech stocks
The Nasdaq Composite finished Friday at 22,141.10, pushing up 0.44%, and notched its fifth straight record close this week, according to data from CNBC. The rally was led by a big lift in Tesla shares...