The total cryptocurrency market capitalization fell 5% between November 14 and November 21, reaching $795 billion. However, the general sentiment is much worse, given that this valuation is the lowest seen since December 2020. Total crypto market capitalization in USD, 4 hours. Source: Trading View The price of Bitcoin (BTC) was down just 2.8% over …
Dow Jones futures were little changed overnight, as were S&P 500 and Nasdaq futures. The stock market rally fell Thursday morning on hawkish statements from the Fed, extending Wednesday’s losses. But the major indexes bounced off some key levels to close slightly lower. X Treasury yields rebounded as crude oil prices fell. Apple (AAPL), Microsoft …
The rally shows constructive action; Four prize winners Read More »
Minneapolis CNN Business — A key measure of inflation, wholesale prices, rose 8% in October from a year earlier, according to the latest report from the Bureau of Labor Statistics. Although still historically high, this is the smallest increase since July last year and significantly better than expected. It’s the second inflation report this month …
Another Key Economic Report Shows Inflationary Pressures Easing | CNN Business Read More »
According to the Bureau of Labor Statistics, some cities and states are fighting the ongoing inflation crisis in the United States better than others. On Thursday, it was reported that inflation had moderated in the United States last month, a sign that the price increases that have hit Americans are easing as the economy slows …
What started a few months ago as isolated environmental, social and governance (ESG) criticisms has now exploded into a reactionary reaction. This dangerous rhetoric is now turning into politics, especially in states like Florida and Texas, with very real and very negative ramifications for investors. To understand how this happened, one must understand why ESG …
Insider’s experts choose the best products and services to help you make informed decisions with your money (here’s how). In some cases, we receive a commission from our partners, however, our opinions are our own. Terms apply to offers listed on this page. Mortgage rates remain relatively unchanged today after yesterday’s Consumer Price Index data …
Inflation eased slightly last month, but remained too high to be comfortable. Annual inflation is 7.7%, down from 8.2% in September. The so-called base rate that excludes the volatile food and energy sectors is up 6.3%, just a hair below the previous month’s 6.6%, which was the highest since August 1982. Economists expected, on average, …
CPI data shows inflation falling, but still elevated, in October 2022 Read More »
German Federal Finance Minister Christian Lindner (L) and French Economy, Finance and Recovery Minister Bruno Le Maire (R) both criticized the US Inflation Reduction Act for discriminating against towards European companies. Thierry Monasse | Getty Images News | Getty Images EU member states are strongly opposed to President Joe Biden’s Cut Inflation Act, fearing it …
Europe shows united front against Biden’s Cut Inflation Act, says it threatens industry Read More »
Navigating your personal finances is something easier said than done, especially when you’re trying to work toward multiple financial goals simultaneously, like building an emergency fund while paying off debt. For this reason, it can often be helpful to get a second opinion and seek advice from a financial professional on your next steps. According …
