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Federal Reserve Hikes Rate by 25bps to Keep Inflation at Bay, Aims for 2% Inflation Rate by 2025

Federal Reserve Hikes Rate by 25bps to Keep Inflation at Bay, Aims for 2% Inflation Rate by 2025Following the fallout over the past two weeks in the U.S. banking industry, the Federal Reserve raised the federal funds rate by 25 basis points (bps) on Wednesday, citing the need for the inflation rate to return to 2% over the long run. Fed Raises Rate Despite Calamity in the U.S. Banking Sector It’s been […]

South Korea Teams Up With US To Combat Crypto Heists and Efforts of North Korean-Linked Hackers: Report

Analyst Warns US Debt Crisis Is Possible — Rising Treasury Yields, Inflation, Stock Market Rout Could Cause ‘Multiple Black Swans’

Analyst Warns US Debt Crisis Is Possible —  Rising Treasury Yields, Inflation, Stock Market Rout Could Cause ‘Multiple Black Swans’Wall Street’s major indexes closed the day in red on Tuesday, alongside cryptocurrencies, and precious metals like gold and silver taking some percentage losses. The leading crypto asset bitcoin dropped 5.87% under the $19K region, while the second largest crypto asset ethereum shed 8.7%. Gold’s nominal U.S. dollar value per troy ounce slipped by 0.50%, […]

South Korea Teams Up With US To Combat Crypto Heists and Efforts of North Korean-Linked Hackers: Report

EUR Drops Below USD for the Second Time in 20 Years, Greenback’s Strength Leads to Largest Weekly Rise Since March 2020

EUR Drops Below USD for the Second Time in 20 Years, Greenback’s Strength Leads to Largest Weekly Rise Since March 2020The U.S. dollar has been very strong compared to a myriad of fiat currencies worldwide and this week, the euro dropped below the USD for the second time in 20 years after meeting parity with the dollar in mid-July. The dollar’s recent brawniness has resulted in the largest weekly rise since March 2020, according to […]

South Korea Teams Up With US To Combat Crypto Heists and Efforts of North Korean-Linked Hackers: Report