Ultimately the Consumer Price Index increased 8.5% last month compared with a year ago, according to the Bureau of Labor Statistics, the highest pace of price increases since 1981.
After Microsoft’s acquisition of Activision Blizzard, one of the world’s biggest and most influential game publishers, other companies are fighting back, but on an entirely different turf.
The problem this time is that investors are concerned not just about policy tightening, but rising recession risks and unconvinced that the Fed can engineer a soft landing amidst a…
Despite Bitcoin being well off its all-time-high, now appears to be the time to buy for Robinhood’s users who are accustomed to the “buy the dip” mantra.
With the U.S. Federal Reserve hoovering up Treasuries like every market day was Black Friday, real yields for the risk-free asset turned negative.
A successful upgrade of the Ethereum blockchain to the energy-lite proof-of-stake method of securing the blockchain and ordering transactions could provide the boost that cryptocurrencies need in moribund markets
Damaged Ukrainian agricultural infrastructure will take years to repair, meaning that shortages in key agricultural commodities will persist for some time
Cruise operators are confident that their businesses will see a sharp rebound but fuel and labor costs are squeezing margins
China’s zero tolerance Covid strategy is forcing it to rely on monetary policy tools to spur the economy at a time when rivals are using these same tools to tighten.
Leaders in Dubai now want to create a different type of city, one built in the Metaverse and home to some of the biggest names in cryptocurrency.