Fed’s Bullard backs more rate hikes this year after ‘hot’ CPI data
admin The Federal Reserve needs to be more aggressive this year to help cool down “stubbornly…
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New York Empire State July factory activity gauge improves, but manufacturers mood darkens
The numbers: The New York Fed’s Empire State business conditions index, a gauge of manufacturing…
Read MoreAs crypto prices crash, some blockchain projects may be struggling to survive
Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every…
Read MoreMarkets are now pricing in 100% risk of a U.S. recession before year’s end: Deutsche Bank
Something big shifted in the market following Thursday’s U.S. consumer-price index report, according to George…
Read MoreFed’s Waller says CPI was ‘major league disappointment,’ leaves door open for 100 basis move
Federal Reserve Governor Christopher Waller on Thursday said he supports a 0.75 percentage point interest…
Read MoreU.S. jobless claims rise to highest level since last November
The numbers: Initial jobless claims rose by 9,000 to 244,000 in the week ended July…
Read MoreOpinion: The fourth evolution in finance is here today — why decentralized finance is inevitable
With inflation at a four-decade high in the U.S., worldwide oil prices surging, and wars…
Read MoreYen plunges to weakest versus the dollar since 1998
The U.S. dollar rose to its highest level versus the Japanese yen this century as…
Read MoreBeleaguered crypto lender Celsius files for bankruptcy: report
Embattled crypto lender Celsius Networks has filed for Chapter 11 bankruptcy protection, according to a…
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The U.S. dollar hasn’t been this strong in 20 years. Here’s what happened next.
A gutsy contrarian bet right now is that the strong U.S. dollar will weaken, particularly…
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