Your student loan payment may be due sooner than you'd expect

Millions of student loan borrowers remain in limbo as they await a decision from President Biden about whether he intends to extend a payment pause on federal student loans poised to expire at the...

Federal Reserve Releases New Guidelines for Crypto Banks

The Federal Reserve released formal guidelines this afternoon to oversee the process by which “institutions offering new types of financial products or with novel charters” could be granted...

Federal Reserve Releases New Guidelines for Crypto Banks: could make it possible for American crypto banks to...

The Federal Reserve releases formal guidelines to oversee the process by which “institutions offering new types of financial products or with novel charters” could be granted so-called “master...

Federal Reserve Releases New Guidelines for Crypto Banks

The Federal Reserve released formal guidelines this afternoon to oversee the process by which “institutions offering new types of financial products or with novel charters” could be granted...

Employers added 528,000 jobs last month. Why does the econom…

The U.S. economy added 528,000 new jobs last month, while the unemployment rate fell to 3.5% — tying the pre-pandemic low, the Bureau of Labor Statistics said Friday. But for many people,...

Inflation begins to strain finances of young, low-income Americans

High inflation forces Americans to spend more on gas and bills. Credit card balances for people 25 and younger rose by 30% in the second quarter from a year earlier. That's compared with an...

Inflation begins to strain finances of young, low-income Americans

High inflation forces Americans to spend more on gas and bills. Credit card balances for people 25 and younger rose by 30% in the second quarter from a year earlier. That's compared with an...

Inflation begins to strain finances of young, low-income Americans

By Elizabeth Dilts Marshall NEW YORK - As high inflation forces Americans to spend more on gas and bills, young and low-income consumers are starting to feel financial pressure. Generation Z...

One of the greatest financial historians alive says central bankers have been incompetent for decades and inflation...

President Biden has argued the key culprit is Russian President Vladimir Putin and his war in Ukraine. Federal Reserve Chairman Jerome Powell says that high inflation is a result of supply-chain...

3 Stocks To Watch This Week: Caterpillar, PayPal, Moderna

The S&P 500 soared 4.3% for the week and 9.1% in July, the best monthly advance since November 2020. Investors accelerated their purchases of beaten-down stocks after Federal Reserve Chairman...

The Power of Positive Thinking Returns to Markets

The ability of sentiment to influence the direction of markets was on full display this past week. Investors emerged from deep gloom and managed to find price-supporting rays of light even in...

One of the greatest financial historians alive says central bankers have been incompetent for decades and inflation...

President Biden has argued the key culprit is Russian President Vladimir Putin and his war in Ukraine. Federal Reserve Chairman Jerome Powell says that high inflation is a result of the toxic...

White House goes on offense to argue that the U.S. is not in a recession

The White House says the U.S. economy is not in a recession. The Commerce Department's Bureau of Economic Analysis reported that gross domestic product, the broadest measure of economic activity,...

White House goes on offense to argue that the U.S. is not in a recession

The White House says the U.S. economy is not in a recession. The Commerce Department's Bureau of Economic Analysis reported that gross domestic product, the broadest measure of economic activity,...

Bitcoin Eyes $28k With A One-day Breakout

Bitcoin eyes $28,000 after a major breakout from the 1D 50 EMA resistance with a good volume. The Crypto market looks bullish on the low timeframe as major cryptocurrencies and altcoins gain...

Solana Spaces store to bring 100K people to Solana per month

Solana Spaces CEO Vibhu Norby said the new physical Solana stores will introduce up to 100,000 people per month to the Solana ecosystem, while also signalling plans to open a virtual storefront in...

Solana-based stablecoin NIRV drops 85% following $3.5M exploit

Solana-based algorithmic stablecoin NIRV has become the latest stablecoin to fail, after dropping 85% from its dollar peg following a hack on adaptive yield protocol Nirvana Finance on...

Crypto mining still profitable in the long-term, expert says

From the great migration to the bear market, crypto miners went through many challenges throughout the year including a shift in profitability. However, according to Steve Bassi, an expert in...

3 Bitcoin trading behaviors hint that BTC’s rebound to $24K is a ‘fakeout’

Bitcoin price rallied toward $24,200 on July 28 after a near 10.5% surge that began a day earlier. The gains appeared after Federal Reserve Chairman Jerome Powell signaled intentions to slow down...

Treasury Secretary Yellen Said the U.S. Economy Was Transitioning to ‘Steady, Sustainable’ Growth

Treasury Secretary Janet L. Yellen said the U.S. economy was transitioning to ‘steady, sustainable’ growth. She said the labor market and household balance sheets remain strong despite slowing...

Treasury Secretary Yellen Said the U.S. Economy Was Transitioning to ‘Steady, Sustainable’ Growth

Treasury Secretary Janet L. Yellen said the U.S. economy was transitioning to ‘steady, sustainable’ growth. She said the labor market and household balance sheets remain strong despite slowing...

Gold stages biggest one day rally since March, silver jumps over 6% due to Fed-inspired 'short squeeze'

Gold logs its biggest one-day percentage gain since March. Silver rallies by nearly 7% to finish at its highest price in a month. Silver hasn’t seen a daily percentage gain of this size since Feb....

Dow up 200 points, stocks hit 6-week highs as investors shrug off weak GDP number

U.S. stocks rallied to their highest level in more than six weeks Thursday. Investors digest second-quarter GDP data as well as a flurry of corporate earnings reports. On Wednesday, the Dow Jones...

Dow up 200 points, stocks hit 6-week highs as investors shrug off weak GDP number

U.S. stocks rallied to their highest level in more than six weeks Thursday. Investors digest second-quarter GDP data as well as a flurry of corporate earnings reports. On Wednesday, the Dow Jones...

Gold stages biggest one day rally since March, silver jumps over 6% due to Fed-inspired 'short squeeze'

Gold logs its biggest one-day percentage gain since March. Silver rallies by nearly 7% to finish at its highest price in a month. Silver hasn’t seen a daily percentage gain of this size since Feb....

Gold, silver stage biggest one day rally in months due to Fed-inspired ‘short squeeze’

Gold on track for its biggest one-day gain since mid-June. Silver headed for its best day since March 1. Platinum PAU22,+3.42%for October delivery gained $1.50, or 0.2%, to $878 per ounce....

Federal Reserve hikes interest rates for the fourth time this year

The latest increase brings the federal funds rate to between 2.25% and 2.50%. This marks theof the year as consumer prices have risen at the fastest pace in more than 40 years. Five months ago,...

Live blog: Follow along as the Federal Reserve announces its key interest rate decision

The S&P 500 added 2.6% to close at 4,023.61. The tech-heavy Nasdaq Composite gained nearly 4.1% to end at 12,032.42. The major averages surged as Federal Reserve Chair Jerome Powell spoke at his...

Transcript: Fed Chief Powell's Postmeeting Press Conference

Federal Reserve Chairman Jerome Powell discussed why the central bank increased interest rates by three quarters of a percentage point for the second time in as many monetary policy meetings,...

Watch live: Federal Reserve Chair Jerome Powell press conference

Federal Reserve Chairman Jerome Powell will hold a press conference Wednesday afternoon. Powell is expected to announce a 0.75 percent increase in the federal funds rate. The event is slated for...

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