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The CPI report published for November 2022 confirms the general perception that runaway inflation is finally easing out.
The Dow and other major indexes all saw a positive close to begin the week as the December Fed meeting beckons.
The incoming CPI report is less likely to affect the Federal reserve’s meeting, but it may indicate a longer-term trajectory for interest rates.
The DOJ investigation showed that CZ had kept the financial records of Binance from the public.
Stock and crypto prices increased on Thursday as the US Dollar Index weakened. Some of the market’s largest assets all rose.
The S&P 500 and Nasdaq Composite indexes, along with US bond yields, all incurred losses amid yesterday’s choppy session.
The digital currency ecosystem has recorded so many mishaps this year that it is now practically impossible for investors not to maintain a skeptical view of stocks across the board.
Block, MicroStrategy, and Coinbase experienced drawdowns alongside traditional markets even as crypto prices experienced a rise on Monday.
The Dow Jones closed approximately 200 points lower in anticipation of Friday’s critical jobs report.
According to Chair Jerome Powell, the US Fed will likely raise interest rates this month by 50 basis points.
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 could hit an all-time high as analysts believe severe inflation may count for little to nothing.
BlockFi’s current situation is the latest example of a rocky season in the crypto space as many companies conduct major layoffs.
The record 2022 Black Friday online sales came after another record amount was reached on Thanksgiving shopping.
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.