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The U.S. Federal Reserve’s favored inflation gauge, known as the personal consumption expenditures price index, rose a hair higher in July, showing inflation remains sticky. Equity valuations held steady while…
The U.S. Treasury will at least double the maximum size of its buybacks for older long-term bonds to $4 billion per operation, a move that helped push yields lower and…
U.S. inflation cooled for a second straight month in July, another sign that spring’s energy-driven price shock is fading even as inflation remains stubbornly above the Federal Reserve’s 2% target.…
A blockade on Iranian shipping and a much cooler than expected inflation report sent global markets through a two-day reversal this week. Stocks, bonds, crypto and metals all sold off…
Economist and longtime bitcoin critic Peter Schiff argued this week that BTC’s supposed correlation with gold “was never real,” while its historically tight relationship with the Nasdaq has now broken…
U.S. markets turned lower Tuesday as a semiconductor-led selloff, hawkish Federal Reserve signals, and softer digital assets overwhelmed earlier relief from Middle East diplomacy. At 10:48 a.m. Eastern time on…
Onchain analyst James Check says the conditions building across artificial intelligence (AI) stocks and upcoming initial public offerings (IPOs) are creating a setup where bitcoin ends up the most underowned…
Bitcoin climbed back above $63,000 Monday morning as institutional buyers stepped in and U.S. lawmakers advanced key crypto legislation, pushing the total digital asset market cap to $2.19 trillion. Institutions…
Gold traded near $4,509 per ounce on Sunday and finished the week down roughly $30 to $35 as a firm dollar and climbing Treasury yields kept buyers cautious. Gold Faced…
U.S. stocks opened cautiously Wednesday morning after fresh inflation data showed consumer prices rising at a steady pace in February, offering investors some relief while geopolitical tensions in the Middle…