buyers of 35 projects across 22 Chinese cities unilaterally stopped paying their mortgages as of July 12, citing project delays and an overall decline in real estate prices.
Median estimates of U.S. Consumer Price Index coming in at 8.8% fell short of yesterday’s white hot 9.1% print.
Industrial-scale Bitcoin miners in Texas have been forced to shut down their rigs temporarily to prevent overtaxing the state’s power grid.
The Russian invasion of Ukraine and Beijing’s reticence to condemn the unprovoked military action is now forcing global investors to take a closer look at the Chinese banks
Ahead of the U.S. inflation print for June, Federal Reserve Bank of Kansas City President Esther George warned that a rushed pace in policy tightening could do more harm than…
A strengthening dollar and growing uncertainty is rattling nerves and making investor more skittish to bet on nascent assets, including Bitcoin.
A slew of further regulatory probes and stinging fines have sent China’s biggest tech names plummeting back to earth once again, marking their second consecutive day of declines.
With the midterm elections around the corner, Biden administration officials are struggling to face formulate an effective plan to combat soaring prices.
BlockFi’s warrants were marked down to zero by Private Shares Fund, a fund managed by Liberty Street Advisors, in its most recent fund report, according to an analysis of data…
It’s not unfathomable that central bankers will still be hiking rates even after the U.S. economy is deep within a recession, but investors still have reason to be hopeful.