Cryptocurrencies News

U.S. trade deficit widens to $102.9B as imports surge. Rising retail inventories point to strong demand, while the Fed may delay rate cuts to control inflation.

Initial claims drop by 1,000, yet rising insured unemployment sparks concerns over hiring slowdowns. Markets brace for short-term volatility.

November inflation slows with PCE at 2.4%, under consensus. Declining energy costs and modest goods spending temper overall price growth.

U.S. GDP grew 3.1% in Q3 2024, driven by consumer spending and exports. Jobless claims fell to 220k, but manufacturing contraction signals economic risks.

November building permits rose 6.1%, with single-family starts up 6.4%, signaling steady demand. Multifamily starts fell sharply, reflecting developer caution.

U.S. import prices rose 0.1% in November, fueled by energy costs, raising inflation concerns and impacting Fed policy, bond yields, and markets.

Inflation climbs with PPI up 0.4%, while initial claims hit a 2-year high. How these key metrics shape markets and Fed decisions—read more here.

Inflation rose to 2.7% in November, driven by shelter and food costs. Will the Fed cut rates next week as expected? Read the full CPI report analysis.

U.S. job creation surged in November with 227,000 new jobs, beating expectations. However, the unemployment rate rose to 4.2%, reflecting mixed labor market trends.

U.S. layoffs surged 27% in November, led by auto and industrial sectors, as initial jobless claims rose to 224K, signaling potential economic pressure.

Private payrolls grew by 146K in November, missing forecasts. Slower hiring and rising wages may influence the Fed, bond yields, USD, stocks, and gold prices.

Durable goods orders rebound 0.2% in October, led by transportation gains, while GDP growth holds steady at 2.8%. Can the U.S. economy sustain its momentum?

Gary Gensler will leave US SEC Chair office on Jan 20, 2025, marking the end of a tenure defined by intense scrutiny of cryptocurrency markets.

US retail sales rose 0.4% in October, reaching $718.9 billion. Consumer spending drives growth but reveals signs of slowing momentum heading into Q4.

U.S. wholesale prices rose 0.2% in October, signaling stable inflation and potential Fed rate cut, while unemployment claims decline, showing a steady economy.

U.S. October jobs report shows only 12,000 new jobs, missing forecasts. Unemployment steady at 4.1%—what’s driving the labor market slowdown?

U.S. Q3 GDP grew 2.8%, missing the 3.1% forecast as consumer spending slowed. Rising imports and weak housing investment also dampened growth.

October’s ADP report surprises with 233,000 private jobs added, driven by health, trade, and hospitality sectors—beating forecasts by over 100,000.

U.S. home prices rose 4.2% YoY in August, while 20 major cities saw a 5.2% gain. High mortgage rates continue to dampen demand and growth.

Robinhood launches political betting, but Jones says neither Trump nor Harris can solve the U.S. fiscal crisis—a threat bigger than the election itself.