Economics

  • by Tyler Durden
    "Something Dangerous Is Happening In America" – Biden Warns Of Trump's "Extremist Movement", Blasts Republicans' Silence Authored by Emel Akan via The Epoch Times (emphasis ours) President Joe Biden delivered a speech about democracy on Sept. 28 in Arizona, a key battleground state for the 2024 election. He took aim at his predecessor, President Donald […]
  • by Tyler Durden
    California Raises Minimum Wage For Fast-Food Workers Authored by Mimi Nguyen Ly via The Epoch Times, California's fast-food workers will see a wage boost to $20 per hour due to a legislation signed into law by Gov. Gavin Newsom on Thursday. The wage increase will be effective from April 1, 2024. It will apply to […]
  • by Tyler Durden
    Putin Crowns New Wagner Chief, Tasked With Sending Fighters Back To Ukraine The future fate and leadership of PMC Wagner has become clearer on Friday, following the Aug. 23 death of Yevgeny Prigozhin and much of his senior leadership when their private plane went down outside Moscow while en route to St. Petersburg. It is […]
  • by Tyler Durden
    Life In America Has Never Been More Unaffordable Than It Is Right Now Authored by Michael Snyder via TheMostImportantNews.com, Our standard of living is being systematically destroyed, but for a lot of years many Americans didn’t fully understand what was taking place because it was happening so slowly.  But now we have reached a stage […]
  • by Tyler Durden
    Malaysia Aims To Become A Semiconductor Powerhouse Locals are telling Nikkei that Kuala Lumpur's semiconductor industry is bustling in a way it hasn't in 34 years. Speaking to Ng Kok Tiong, a senior vice president at Infineon, it's becoming clear that the semiconductor industry in Malaysia is attempting to ramp up. As one example, Ng told Nikkei he is […]
  • by Tyler Durden
    "Do You Understand What We Are Saying?" By Teeuwe Mevissen, Senior Macro Strategist at Rabobank The Federal Reserve’s ability to influence the economy depends on whether “people understand what we are saying,” according to Fed Chair Jerome Powell. So did market participants not understand what the Fed was saying for quite some time? Or, more likely, did markets […]
  • by Tyler Durden
    Eurozone Inflation Tumbles To Two-Year Low There was good news on the crusade against inflation front on both side of the Atlantic. As we reported earlier, core PCE – the Fed's favorite inflation indicator – came in mostly in line and was still "sticky high", even as sequential prints actually came below expectations, with core […]
  • by Tyler Durden
    UAW Unleashes "Wave Of Reinforcements" As Strikes Intensify At Ford & GM Amid Strained Talks; Progress Seen With Stellantis United Auto Workers boss Shawn Fain announced Friday morning in a live-stream event that strikes against two of Detroit's automakers – General Motors and Ford – will be hit by another wave of strikes. The union […]
  • by Nicholas Say
    According to a recent statement by James Seyffart, a Bloomberg Intelligence analyst with expertise in asset management, including cryptocurrency, the U.S. Securities and Exchange Commission (SEC) is considering approving the launch of Ethereum futures exchange-traded funds (ETFs) next week. Approval of an Ethereum futures ETF could boost optimism in the crypto market. The ETF expert […]
  • by Nicholas Say
    Valkyrie is again ahead of the futures ETF offering, but could its Ethereum futures ETF be the catalyst for Ethereum’s new heights? Valkyrie Investments, a leading digital asset management firm offering a wide range of products and services, will launch the first Ethereum futures exchange-traded fund (ETF) before September 30, according to Fox Business. The […]
  • by Oliver Dale
    After a tumultuous end to 2022, the so-called crypto winter is showing signs of beginning to thaw. Since January 2023, the total cryptocurrency market cap has risen from $759 billion to over the $1 trillion mark, representing a 31% increase. While not yet back at all-time highs, the positive movement in the market is revitalizing […]
  • by Nicholas Say
    Established in 2005, MultiBank Group aims to bring regulation and safety to the financial industry, creating a trusted trading environment. Over the past years, it has evolved into one of the largest financial derivatives institutions, holding more than 12 licenses worldwide, operating from 25 global offices, serving over 1,000,000 active customers, and achieving an average […]
  • by Nicholas Say
    Kunji Finance is a groundbreaking platform that opens the door to non-custodial investment in actively managed strategies, with a mission to reshape the landscape of asset management in the cryptocurrency world. Quick Facts Highlights Details Mission Reshaping asset management in the cryptocurrency world Key Strategy “Alpha Blue Chip Focused Strategy” trading in BTC, ETH, DeFi, […]
  • by chainwire
    London, England, September 28th, 2023, Chainwire Decentralized ledger platform Radix Publishing has celebrated the successful completion of its long-anticipated Babylon mainnet upgrade. The Babylon upgrade represents the end of the Olympia era and has been hailed by Radix as a game-changing moment for Web3 and the wider DeFi space. The Babylon mainnet upgrade has been […]
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