News
Inflation finally retreats, but the Fed's battle is far from over
2+ hour, 3+ min ago (618+ words) Prices in the United States climbed more slowly than predicted in January, providing Americans with a brief respite after years of high prices, but a top Federal Reserve official warns the fight against inflation is far from over. The Bureau…...
BRICS prepares to launch precious metals exchange amid gold market volatility
3+ hour, 7+ min ago (687+ words) Members of the BRICS format are planning to establish a new exchange for precious metals, a high-ranking Russian diplomat revealed. The news comes against the backdrop of increased volatility in the markets for assets such as gold and silver following…...
Federal Reserve suggests new margin framework to address crypto volatility
1+ day, 14+ hour ago (695+ words) The Federal Reserve has proposed a new margin scheme treating cryptos as an asset class of their own. The proposal would help better manage crypto's high price volatility and address some of the risks associated with derivatives, in which traders…...
US stocks plunge along with gold, silver, and Bitcoin in yet another random market crash
1+ day, 19+ hour ago (338+ words) Cisco shares plunged as much as 12% on Thursday, posting their worst trading day since 2022. The drop followed the company's warning about margin pressure from surging memory costs, which are being driven higher by strong demand for AI chips. Heavy orders…...
Bitcoin’s crash triggers largest realized loss in history at $3.2 billion
1+ day, 20+ hour ago (661+ words) On-chain data shows that the Bitcoin crash resulted in record realized losses of $ 3.2 billion. The asset also saw $1.5 billion in daily net losses at the time. "The historic realized loss in Bitcoin's history occurred when the BTC price dropped from…...
Kansas City Fed issues U.S. economic outlook for 2026
1+ day, 20+ hour ago (581+ words) Kansas City Fed issues U.S. economic outlook for 2026Cryptopolitan Kansas City Fed issues U.S. economic outlook for 2026 - The President of the Kansas City Fed, Jeff Schmid, gave a speech on his outlook for the U.S. economy in 2026 on Wednesday - He addressed that while growth…...
U.S. budget deficit shrinks to $95B as receipts jump 9% while spending rises 2%
2+ day, 13+ hour ago (779+ words) The U.S. budget deficit fell to $95 billion in January as receipts rose 9% and spending increased 2%. Customs duties surged to $27.7 billion in January and $117.7 billion year to date, driven by Trump's tariffs. Interest payments dropped $12 billion in January, but year-to-date interest still…...
Did bitcoin's brutal crash expose Wall Street's risky new bond experiment?
3+ day, 5+ hour ago (538+ words) A bond offering tied to bitcoin loans has run into problems after a sharp decline in crypto markets forced lenders to sell off a significant portion of the backing assets. Jefferies bankers have spent recent months reaching out to major…...
Fed official says "entirely inappropriate" to say Americans pay tariffs. Here's what data shows
3+ day, 18+ hour ago (773+ words) A Federal Reserve governor went against the grain Monday, saying foreign firms actually pay for Trump's tariffs instead of American consumers. Stephen Miran's comments at Boston University clash with what most economists and researchers have found. Miran told the audience…...
Strategy's Michael Saylor: 'If bitcoin falls 90% for the next four years, we’ll refinance the debt"
3+ day, 21+ hour ago (601+ words) Michael Saylor says he is not worried about Strategy's credit risk even as bitcoin keeps sliding. He said the company has already planned for ugly markets. Prices can drop hard and stay low, and the company will still keep going....