The United States equities markets tumbled on June 10 after the Consumer Price Index (CPI) report showed inflation soaring 8.6% from a year ago, the highest increase since 1981. The
Three G7 central banks meet in the coming days, and they dominate the macro stage. The Federal Reserve’s meeting concludes on Wednesday, the Bank of England on Thursday, and the
China’s capital Beijing is experiencing an “explosive” COVID-19 outbreak connected to a bar, a government spokesman said on Saturday (Jun 11), as the commercial hub, Shanghai, conducted mass testing to
The European Central Bank is set to flag its first rate hike in more than a decade this week, while the Reserve Bank of Australia might step on the brakes
The emergence of forty-year high inflation readings and the increasingly dire-looking global economy has prompted many financial analysts to recommend investing in gold to protect against volatility and a possible
An intense debate within the Biden administration about lowering tariffs imposed on China to fight inflation was acknowledged publicly during President Joseph R. Biden Jr.’s trip to Asia in late
A Bloomberg survey of economists indicated that the medium estimate for jobs added in May would show that approximately 318,000 new jobs were added. Additionally, the survey also predicted that
Stader Labs was one of the firms affected by the LUNA and UST crash. The ecosystem may be restored ff Terraform Labs can keep its developers. Terra’s implosion underscores the
European Central Bank President Christine Lagarde said the first increase in interest rates in more than a decade may come in July but downplayed the idea of a half-point move