August Jobs Report Reveals Strong Payroll Growth
Diane Swonk analyzes the August jobs report, highlighting a payroll increase of 162,000 and a steady unemployment rate of 4.1%, indicating a robust labor
Diane Swonk analyzes the August jobs report, highlighting a payroll increase of 162,000 and a steady unemployment rate of 4.1%, indicating a robust labor
Gold and silver prices fell as robust U.S. payroll figures reignite expectations for interest rate hikes, impacting market sentiment.
Perplexity's new AI infrastructure aims to lower operational costs and improve efficiency for large-scale AI applications, potentially impacting the sector.
Despite a 14-minute gap in Ethereum's blob processing, Robinhood Chain continues to function, raising concerns about scalability in single-sequencer systems.
David Tepper has sold 41% of his Micron shares, maintaining it as his second-largest holding, reflecting shifts in the semiconductor market and AI trends.
GitHub's new HydraFusion aims to optimize AI coding model selection, potentially pressuring competitors to improve efficiency or justify their costs.
Hargreaves Lansdown has changed its stance on Bitcoin, now offering trading services after previously deeming it too volatile. This marks a significant shift
The G7 calls for urgent action on post-quantum security to protect encryption and digital signatures in the crypto industry from future threats.
Bitwise reveals a significant 14% yield gap in XRP futures, indicating how institutions are strategically extracting cash from traders in the market.
A stronger US jobs report has increased expectations for a Federal Reserve rate hike this month, impacting stocks and short-dated bonds negatively.
South Korea aims to advance stablecoin-based tokenization by 2027, contingent on market adoption and upcoming stablecoin legislation.
Canadian stocks fell as investors reacted to unexpected job losses in Canada and strong U.S. nonfarm payroll figures, continuing a downward trend.
S&P Global Ratings has downgraded Senegal's credit score, citing a high likelihood of a distressed debt exchange or default following the government's
Micron's expansion into AI memory chips aims to strengthen its market position, though execution risks and competition could affect long-term success.
As Bitcoin trades similarly to gold, analysts caution that the upcoming completion of its four-year cycle could lead to further price declines.
Hedge funds have raised their bullish positions on Brent crude to the highest level since May, driven by escalating tensions between the US and Iran.
August's stronger-than-expected job growth pressures Bitcoin, pushing it below $80,000 as traders adjust expectations for a Federal Reserve rate cut.
Strategy's updated metrics reveal $52 billion in net Bitcoin reserves, potentially impacting market perceptions and investment strategies in Bitcoin assets.
Polymarket has launched its crypto perpetual futures, expanding from 10 to 67 markets on the first day, though U.S. traders are excluded from leverage.
Trezor reveals that a data breach involving its shipping partner ShipMonk has exposed personal information of an additional 67,000 US customers.