U.S. budget deficit narrows sharply in October
admin The numbers: The U.S. federal budget deficit narrowed to $87.8 billion in October, down from…
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Fed’s George argues for ‘steady, deliberate’ interest rate hikes
The Federal Reserve should consider slowing down to “steady and deliberate” interest-rate increases, said Kansa…
Read MoreBitcoin prices score reprieve as Sam Bankman-Fried’s FTX faced stunning unraveling
After a surprise announcement that Changpeng Zhao, the chief executive of Binance, had signed a…
Read MoreBonds head for biggest one-day rally in more than a decade after October’s downside inflation surprise
Investors cheered one of the few pieces of good news about U.S. inflation in the…
Read MoreMester says Fed needs to keep interest rates higher for longer to cool inflation
The president of the Cleveland Federal Reserve welcomed “some easing” in U.S. inflation, but she…
Read MoreThe $26 billion rise and fall of FTX crypto king Sam Bankman-Fried
Just six months ago, CEOs, celebs and world leaders like Bill Clinton and Tony Blair…
Read More“Bitcoin will be the winner because bitcoin is a digital commodity and it’s the least controversial of everything” said MicroStrategy’s Michael Saylor
“Bitcoin will be the winner because bitcoin is a digital commodity and it’s the least…
Read MoreFed’s Daly, despite ‘welcome’ CPI data, still wants to raise benchmark rate above 4.5%-4.75% range
The Federal Reserve should still raise its benchmark interest rate slightly above a 4.5%-4.75% rate…
Read MoreFTX is processing withdrawals again, according to on-chain data
Crypto exchange FTX is processing withdrawals again after a 48-hour shutdown, based on on-chain data…
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Opinion: Opinion: Why inequality is growing in the U.S. and around the world
U.S. income inequality grew in 2021 for the first time in a decade, according to…
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