Bitcoin had a good start to 2024, rising over 40% year-to-date. This was fueled by a number of positive fundamental factors, including the launch of spot Bitcoin exchange-traded funds in the United States and the halving event, which reduced the amount of...
Here are the most important news items that investors need to start their trading day:
1. Rate rally
After a selloff prompted by fears about the economy earlier this month, markets have largely...
All three major U.S. stock indexes lost ground on Thursday, weighed by technology shares, as Treasury yields rose on easing recession fears and global central bank officials convened at the Jackson Hole Economic Symposium.
The so-called Magnificent Seven megacap...
The luxury consumer is evolving, forcing brands to keep up with changing buying habits.
A 2024 report by Bain & Company found that Gen Z consumers, or those born between 1997 and 2012, will account for nearly a third of luxury purchases by 2030, while millennials, born from 1981 to...
U.S. job growth during much of the past year was significantly weaker than previously reported, according to new data published Wednesday.
The Bureau of Labor Statistics revised down its total tally of jobs created in the year through March by 818,000 as part of its preliminary annual benchmark review of...
Wednesday could be busy for financial markets, including cryptocurrencies, as lesser-tracked U.S. data is expected to provide a grim picture of the U.S. economy.
Still, bitcoin (BTC) bears might want to exercise caution, as the data could be misleading and overstate weakness, according to one leading investment bank.
On Wednesday, the U.S. Bureau...
Although Bitcoin’s price is yet to reclaim its March all-time high, an analyst claims two key metrics show that the bull market remains strong and steady with no signs of a deep correction.
In an Aug. 18 report, CryptoQuant researcher Axel Adler looked to two key metrics — the bubble vs....
Asia-Pacific markets were mostly lower on Wednesday after U.S. benchmark indexes, the S&P500 and the Nasdaq Composite, snapped an eight-day winning streak overnight.
Japan’s trade data for July showed exports rose 10.3% year on year and imports...
Nvidia (NVDA) has had a bumpy ride over the past month as the tech sector is just beginning to recover from the wide sell-offs seen at the beginning of August. With the chipmaker's next earnings report around the corner — Wednesday,...
Artificial intelligence firm Osmo is working diligently to bring back the future we were promised in 1960 when Hans Laube introduced the world to “Smell-O-Vision.” Only this time, the goal is to improve the lives of humans everywhere by teaching computers...
