Slowing Inflation Growth Points to More Upside in Crypto
Today's CPI data show inflation growth continued to ease in August. That could be good news for crypto, says Scott Garliss.
Today's CPI data show inflation growth continued to ease in August. That could be good news for crypto, says Scott Garliss.
Today's CPI data show inflation growth continued to ease in August. That could be good news for crypto, says Scott Garliss.
Crypto wasn't even mentioned during Tuesday's U.S. presidential debate between former President Donald Trump and Vice President Kamala Harris. But there was a parallel univers...
(Bloomberg) -- Brazil Finance Minister Fernando Haddad said the government is worried a resurgence in extreme weather will spur inflation as central bankers are expected to lift the interest rate starting next week.Most Read from BloombergHow Americans Voted Their Way Into a Housing CrisisAfter a Record Hot Summer, Pressure Grows for A/C MandatesFor Tenants, AI-Powered Screening Can Be a New Barrier to HousingChicago Halts Hiring as Deficit Tops $1 Billion Through 2025UC Berkeley Gives Transfer
(Bloomberg) -- Goldman Sachs Group Inc. Chief Executive Officer David Solomon said there’s still a chance that the Federal Reserve could opt for a bigger rate cut than expected because of emerging signs of weakness in the employment market.Most Read from BloombergHow Americans Voted Their Way Into a Housing CrisisAfter a Record Hot Summer, Pressure Grows for A/C MandatesFor Tenants, AI-Powered Screening Can Be a New Barrier to HousingChicago Halts Hiring as Deficit Tops $1 Billion Through 2025UC
Car prices kept sliding in August — among the most of any major category in the Consumer Price Index (CPI) over the last year — as vehicle prices move towards pre-pandemic levels.
The Labour government said the bill will give owners of bitcoin and other digital assets greater legal protection.
Harris and Trump may not have mentioned crypto. But crypto folk had plenty to say about Tuesday night's presidential debate.
The paltry CPI report means the Fed will likely only cut interest rates by a quarter percentage point. Wall Street, for whatever reason, isn't cheery.
Coinbase's launch of its wrapped Bitcoin product, cbBTC, has ignited a fierce debate within the industry, with Tron (TRON) founder Justin Sun lambasting the new offering, calling it a "dark day for BTC" and warning of significant risks to decentralized finance. Speaking with Decrypt, however, a Coinbase spokesperson stood firm on the product's security and reliability. The cbBTC token is available on Ethereum and Coinbase's Base network and can be used in various DeFi platforms. "cbBTC lacks P...