Dow Jones Relinquishes Some Big Gains Ahead of Pivotal US Jobs Report
By Tolu Ajiboye
The Dow Jones closed approximately 200 points lower in anticipation of Friday’s critical jobs report.
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Fed May Hike Interest Rates by 50 Basis Points in December
By Tolu Ajiboye
According to Chair Jerome Powell, the US Fed will likely raise interest rates this month by 50 basis points.
Eurozone Inflation Receding and Now Pegged at 10%
The cost of living crisis was a major challenge for the region this year as it attempted to bring down energy costs.
Cyber Monday 2022 Spending Projected to Reach Record Highs, Says Adobe
By Tolu Ajiboye
Cyber Monday 2022 spending could hit an all-time high as analysts believe severe inflation may count for little to nothing.
BlockFi Files Chapter 11 Bankruptcy as FTX Crumble Affects Many
BlockFi’s current situation is the latest example of a rocky season in the crypto space as many companies conduct major layoffs.
2022 Black Friday Online Sales Hit Record High at Over $9 Billion
The record 2022 Black Friday online sales came after another record amount was reached on Thanksgiving shopping.
How Mainstream Media Is Sponsoring Confusing Narratives about SBF’s Atrocities
The FTX collapse has stirred a major awakening for all industry stakeholders and it may stir a more stringent assessment of companies to pitch tents with in the future.
Treasury Yields Slide 2 Basis Points on Projected Slowdown of Interest Rates
By Tolu Ajiboye
Following minutes from the November FOMC meeting that increases in interest rates will taper, US Treasury yields drop slightly on Friday.
Crypto Prices React Positively to News that Fed May Soon Slow Rate Hikes
By Tolu Ajiboye
Crypto prices spiked and then pared initial gains following the news after a Fed meeting that smaller rate hikes are on the horizon.
Bitcoin Jumps 5% from 2-Year Low, Is Bull Run in Progress?
The bounce in price is a relief that has come to be expected throughout the crypto industry.
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