#economy
Latest cryptocurrency news and articles about economy. Stay updated with developments, analysis, and insights.
Rare earth prices hit two-year high after MP material halts China exports
Prices of two key rare earths used in high-strength magnets have jumped to the highest point in 2 years after US-based miner MP Materials halted exports of raw materials to China, the world’s top magn...
U.S. considers energy concessions for Russia in push for Ukraine peace
The White House is pushing a quiet but aggressive new tactic to end the war in Ukraine, offering Russia a series of energy deals in exchange for peace and partial sanctions relief. The offers were dis...
U.S. core capital goods orders rise 1.1% in July as businesses ramp up spending
U.S. core capital goods orders rose by 1.1% in July, according to Commerce Department data released Tuesday. That jump followed a revised 0.6% drop in June, pointing to businesses finally moving forwa...
South Korea open to $350 billion investment in non-binding US deal
South Korea plans to set out a non-binding framework with the United States to spell out how to run and structure the $350 billion in investment pledged under a July trade agreement, a senior official...
Macroeconomic Shifts Shake Cryptocurrency Markets
Recent macroeconomic data heavily influenced cryptocurrency market volatility. Consumer Confidence and inflation expectations showed significant changes. Continue Reading: Macroeconomic Shifts Shake C...
Morgan Stanley Changes Its Previous Forecast After Powell's Statements, Provides a Date! When and How Many Rate Cuts Will the Fed Make?
Just like the altcoin rally, the question of when the FED will cut interest rates has become a never-ending story. As is known, the FED has paused interest rate cuts and has been keeping interest rate...
US Treasury sells out long-dated debt amid Fed independence concerns
Long-dated US government debt fell on Tuesday after investors reacted to President Donald Trump’s attempt to dismiss a Federal Reserve governor, which they feel undermines the central bank’s independe...
HSBC on the hook for $4.2 million after Hong Kong regulators find disclosure breaches
HSBC was fined $537,683 by regulators in Hong Kong for disclosure lapses after an investigation by Hong Kong regulators. Based on a joint investigation from the Securities and Futures Commission (SFC)...
50% U.S. tariffs set to kick in on Indian goods from August 27
The U.S. has imposed a new 50% tariff on Indian-origin goods starting Wednesday, August 27. The tariff is a response by the Trump administration to India’s continued purchase of discounted Russian oil...
Temu resumes direct China to US shipping after tariff truce
Temu restarts direct China-to-US shipping after the trade truce eases tariff pressures on low-cost imports. Temu has restarted sending goods straight from Chinese factories to American buyers and is a...
Xi, Putin, and Modi set to convene with Trump at the top of the agenda
Xi Jinping, Vladimir Putin, and Narendra Modi will hold face-to-face meetings next week during a major summit in Tianjin, China, where over 20 leaders from across Asia and the Middle East are expected...
Trump pressures Fed and trade partners as emerging markets stocks and currencies fall
Emerging markets plunged on Tuesday as President Donald Trump dialed up pressure on the Federal Reserve and reignited multiple trade fights at once. The MSCI Emerging Markets Index fell by 0.9%, snapp...