Biden Slammed After Stating Inflation Hasn’t Spiked for Months — ‘I Am More Optimistic Than I’ve Been in a Long Time’
U.S. President Joe Biden has shared his perspective on inflation. “I am more optimistic than I’ve been in a long time,” he said, noting that inflation has not spiked for…
Bank of America Market Strategist Says ‘Summer Rally Is Over’ as Crypto and Stocks Slide Ahead of Fed Rate Hike This Week
Digital currency markets, precious metals, and stocks dropped another leg down on Monday following the drop markets saw last Tuesday. Last week’s fall was one of the worst weeks in…
Bitcoin margin long-to-short ratio at Bitfinex reach the highest level ever
A key Bitcoin price metric hit a new all-time high, but is this a bullish or bearish development?
VCs pour $14.2B into crypto in H1 2022, but investments now slowing
KPMG noted that despite the expected downfall, investment figures remained well-positioned in comparison to pre-2021 figures, which highlights the growing maturity of the market.
IMF Expects US Economy to Experience High Inflation for at Least Another Year or Two
The International Monetary Fund (IMF) expects the U.S. economy to experience high inflation for at least another year or two. “I would be careful about looking at one data point…
Stifel Financial: 97% of US Executives Surveyed Are Bracing for Recession
A survey by NYSE-listed Stifel Financial shows that most executives are bracing for a recession in the U.S. In addition, “53% of respondents believe that inflation will be an issue…
BTC miners exit capitulation — 5 things to know in Bitcoin this week
Miners are a glimmer of hope in a barren Bitcoin landscape this week ahead of a key Federal Reserve event.
Survive layoffs, succeed with upskilling through AI
Despite the looming recession, orgs must invest in upskilling existing employees — lest they lose talent. AI can help.