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Inflation Data and Crypto Craze: Stocks Poised for Fed Rate Cut Hype
Crypto Remains in the Spotlight: Investors continue to buy all things crypto. Bullish (BLSH) went public in an IPO yesterday, with its stock soaring from its offer price of $37 to $68 – an 84% gain – but shares had been as high as $118, a 219% rise. BLSH is up another 13% in premarket trading.
U.S. stagflation fears seeped into global markets on Thursday after surprisingly hot inflation data applied heavy pressure to ...
Producer prices jumped in July but may not translate directly into the Fed’s preferred inflation gauge, easing fears of ...
US inflation on the wholesale level picked up steam in July, with prices rising by the fastest monthly pace since March 2022, new data showed Thursday.
President Donald Trump has selected E.J. Antoni, chief economist at the conservative Heritage Foundation, to be the next ...
The rate-sensitive U.S. 2 Year Treasury yield (US2Y) jumped up on Thursday, as it reacted sharply to the hotter-than-expected ...
The next batch of inflation data from the Bureau of Labor Statistics was already shaping up to be a high-profile affair due ...
Hot PPI data released on Thursday morning led to a pullback in stock-market futures as wholesale prices rose 0.9% in July, ...
Monthly U.S. inflation data is under increased scrutiny after President Donald Trump removed the head of the U.S. Bureau of ...
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