#economy
Latest cryptocurrency news and articles about economy. Stay updated with developments, analysis, and insights.
Donald Trump Makes a Major Move Ahead of the Fed Interest Rate Decision: He May Appoint Someone Close to Him to the Fed
The US Senate Banking Committee voted 13-11 today to approve the nomination of Donald Trump's advisor Stephen Milan to serve on the Federal Reserve Board for a short term. The decision was made along ...
Oracle stock jumps 39% on Wednesday, nearing a $1 trillion market cap
Oracle stock blasted 39% higher on Wednesday, catching everyone off guard, and pushing its market value past $900 billion, just steps from the $1 trillion mark. As Cryptopolitan previously reported , ...
Trump's administration launches a financial literacy campaign for student loan borrowers
The Trump administration says it’s launching a new plan to teach Americans the “benefits and risks” of taking federal student loans, while the country’s student debt load is already closing in on $1.7...
Traders bet on rate cuts as Fed fights inflation
The Federal Reserve slashed its balance sheet by $39 billion in August, bringing the total down to $6.60 trillion. That’s the lowest number since April 2020, back when COVID-19 lockdowns forced the Fe...
Russian state’s oil and gas revenues decline in 2025
Russia’s budget revenues from oil and natural gas sales have dropped by more than 20% in 2025, according to data released by the finance ministry in Moscow. The department blamed the significant decre...
Stephen Miran’s Fed nomination advanced after a 13–11 Senate panel vote
Stephen Miran’s nomination to the Federal Reserve Board advanced on Wednesday after the Senate Banking Committee approved it in a 13–11 vote, split strictly along party lines. Every Republican backed ...
Wall Street surges along with rate cut odds
Trump just got another win against the Federal Reserve, after new data from the Bureau of Labor Statistics on Wednesday showed that wholesale prices fell by 0.1% in August. That unexpected drop gave m...
OPEC+ faces pressure to balance surplus and market share
At Asia’s largest oil industry meeting this week, two questions framed the discussion: How much crude is China putting into its strategic petroleum reserve, and how long will that buying continue? As ...
Wells Fargo Predicts How Many Rate Cuts Will the Fed Make in 2025 and 2026!
While the FED has been pausing interest rate cuts since January, a rate cut is now considered inevitable. At this point, it seems certain that the FED will not cut interest rates at next week's meetin...
Donald Trump's Plans Thwarted! US District Court Rules on Fed Member Trump Tried to Dismiss
As you may recall, US President Donald Trump announced in the last days of August that he dismissed FED member Lisa Cook on the grounds that she made false statements in mortgage agreements. Lisa Cook...
BREAKING NEWS! US PPI Data Released! What Was Bitcoin's (BTC) First Reaction?
While the leading cryptocurrency Bitcoin (BTC) continues to trade in a narrow range, the FED's interest rate decision to be announced next week is expected to trigger the rise. While it is considered ...
China’s consumer prices dropped 0.4% as factory deflation deepened
China’s consumer prices fell in August, showing that the world’s second-largest economy is slowing and struggling again to increase demand. The statistics bureau reported that China’s consumer price i...