#economy
Latest cryptocurrency news and articles about economy. Stay updated with developments, analysis, and insights.
Global stocks rise on Oracle rally and Fed rate cut hopes
Global stocks pushed higher Wednesday morning after Oracle gave investors a reason to care, and the bond market started whispering about possible rate cuts. That’s what sent futures on the S&P 500 up ...
Mexico targets Asian nations in new 2026 budget tariff plan
Mexico’s Ministry of Finance submitted its 2026 budget proposal today. The proposal includes tariffs on countries that do not have trade agreements with the North American country. The tariffs target ...
Trump’s mixed signals put India’s U.S. ally status in question
President Trump said the U.S. and India are staying at the table on a trade deal, coming less than two weeks after he imposed fresh duties on Indian imports tied to New Delhi’s purchases of Russian oi...
Fitch and JPMorgan Share Their Expectations for the Upcoming FED Interest Rate Meeting
A Fed rate cut in September is increasingly considered a strong possibility. JPMorgan announced that it expects the Fed to cut interest rates by 25 basis points at its September meeting, despite uncer...
Trump urged the EU to impose 100% tariffs on imports from India and China
Donald Trump has called on the European Union to impose 100% tariffs on Indian and Chinese goods, making the demand during a meeting with senior U.S. and EU officials in Washington this week. The move...
S&P 500 and Nasdaq closed at record highs despite major job data revisions
Wall Street didn’t blink. All three major indexes closed at record highs Tuesday, ignoring warning signs in the economy like it was business as usual. The S&P 500 finished the session up 0.27% at 6,51...
GameStop reports Q2 revenue of $972.2 million, slightly up from last year due to hardware sales
GameStop’s second-quarter numbers are out, and they barely moved the needle. The company pulled in $972.2 million in net sales for the quarter ending August 2. That’s up from $798.3 million last year ...
US pushes Europe to cut Russian oil ties faster after latest Ukraine attack
Russia just launched its biggest airstrike in months on Ukraine, smashing a major government building on Sunday. Hours later, Donald Trump’s administration and the European Union locked arms again to ...
Oil giants slash jobs and projects as crude plunges below $66
Oil producers are in panic mode. Chevron, BP, ConocoPhillips, Aramco, and Petronas have started slashing jobs, cancelling drilling projects, and offloading assets as crude prices keep falling. The cut...
Urgent Call: BlackRock CIO Advocates for Bold 50 Basis Point Fed Rate Cuts
BitcoinWorld Urgent Call: BlackRock CIO Advocates for Bold 50 Basis Point Fed Rate Cuts The financial world is abuzz with a significant declaration from BlackRock’s Chief Investment Officer. An urgent...
Fed’s Reluctance Sparks Economic Shockwaves
The Fed's delay in rates caused a significant employment crisis. Revisions to data spotlight hidden weaknesses in employment figures. Continue Reading: Fed’s Reluctance Sparks Economic Shockwaves The ...
U.S. jobs market weaker than reported as BLS slashes 911,000 positions
The Labor Department just admitted the U.S. economy didn’t create as many jobs as it told everyone it did. The Bureau of Labor Statistics (BLS)’s report released Tuesday shows the government overstate...