Market Analysis
BTC Drops Below $19,000 as September Spells Bad News for Stocks and Crypto
Although historically ominous, this year's September is poised to be even worse for Bitcoin.
Total Stories
188
News
inflation
Section
inflation
Market Analysis
Inflation Down to 8.3% in August, But 3rd 75 BPS Hike Still Likely
Inflation gauge consumer price index (CPI) eased to 8.3% in August, compared to analysts' expectations of 8%.
Market Analysis
315,000 Jobs Added in August: 75 BPS Hike More Likely Now
The Bureau of Labour Statistics' report shows US hiring continued to be strong in August, despite slowing down since July.
Market Analysis
Labor Market Remains Tight But 74% of Americans Prepping for Recession
A new Bankrate poll shows that 7 in 10 Americans are worried about a possible recession before the end of 2022.
Market Analysis
Dollar Index Hits 20-Year High as Bitcoin Falls Below $20k
The U.S. dollar surged to a 2-decade high just three days after Fed Chair Jerome Powell said he plans to continue hiking interest rates to curb…
Market Analysis
Jerome Powell Jackson Hole Speech: Key Highlights and Implications
Powell brought back Volcker to restate the Fed's 2% target inflation mission.
Market Analysis
Bitcoin Falls to 3-Week Low as Fed Minutes Spook Markets
Bitcoin and other cryptocurrencies fell sharply Friday, just two days after the FOMC released minutes from its July meeting, where it said inflation remains at "unacceptably…
Market Analysis
U.K. Real Wages Record Sharpest-Ever Decline in Q2
Real wages in UK dropped 3% in Q2 2022, marking the sharpest-ever decline in the country.
Crypto
Bitcoin Gains on Optimistic CPI Print, But Will a Rally Follow?
After the positive CPI report, the Fed's drastic rate hikes are less likely.
Market Analysis
US Inflation Eases with July CPI at 8.5%
Latest CPI print indicates that inflation seems to be finally slowing down for Americans
Market Analysis
Upcoming CPI Print Important for Bitcoin as DXY Hits 5-Year High
Bitcoin continue to grow as a digital class. Will it become a risk-off asset?
Lending
US Credit Card Debt Increased by $46B in Q2 2022 as Inflation Woes Continue
Americans pile up credit card debt as surging inflation causes a record increase in consumer debt.
Market Analysis
Inflation Hits 60.8% in Sri Lanka as Economic Crisis Continues
Inflation in Sri Lanka rose to a new record high of 60.8%, a sharp jump from the 54.6% inflation level that was reported in June.