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Bed Bath & Beyond News: Overstock.com relaunched it as an Online Retailer
Bed Bath & Beyond News: Overstock.com relaunched it as an Online Retailer Read CoinChapter.com on Google News LUCKNOW (CoinChapter.com): Overstock officially relaunched bankrupt retail chain Bed...
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US Treasury Fresh Debt Issuance Puts Crypto Market’s 2023 Rally At Risk
Key Takeaways: The US economy is facing a liquidity crunch after the debt ceiling extension. Treasury yields climb on the back of increased bond sales. The crypto market faces a sour H2 despite...
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US inflation rose 0.2% in July, intensifying hawkish expectations from the Fed
Increasing Golden Coins With Red Arrow Showing Upward Direction In Front Of Businessperson Read CoinChapter.com on Google News Key Takeaways: CPI rose 0.2% since June and 3.2% year-over-year. Gasoline...
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US Banking Industry Faces Potential Downgrades By Fitch Ratings
Key Takeaways: Fitch Ratings has warned it could downgrade several US Banks The warning comes days after Moody’s downgraded ten mid-sized US banks Further downgrades will also be dependent on the...
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The Drop in Pre-Owned Home Sales, Rising Mortgage Prices Impact the US Economy
Read CoinChapter.com on Google News YEREVAN (CoinChapter.com) — Sales of pre-owned homes in the United States have experienced a decline of 2.2% in July compared to June, dropping to a seasonally...
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Economic Strain Looms as Growth Rate of US Credit Card Default Surpasses 2008...
Key Takeaways: The rate of credit card delinquencies in the US is on the rise A growing number of Americans are unable to pay their credit card debts The combined credit card debt reached $1.031...
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US Government Sues Elon Musk’s SpaceX for Discrimination
Key Takeaways The US Government sued Elon Musk’s SpaceX over alleged discrimination in hiring asylees and refugees. The lawsuit alleges SpaceX discouraged and refused to hire asylees and refugees....
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Elon Musk’s Cheap Business Tactic Involves Donald Trump
Key Takeaways: Former Fox News anchor Tucker Carlson aired his interview with Donald Trump on X. The former US President has returned on X after several years of absence. Elon Musk is making X the...
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Powell’s Jackson Hole speech cautious – stocks slide 2%
Key Takeaways: Powell’s speech in Jackson Hole was still hawkish. The Fed will not pivot from its battle against inflation until the latter is down to 2% Equities slid 2% in anticipation, printing a...
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Crypto Wins the US Inflation Round — Dollar Drops
Key Takeaways: Fresh CPI report for August shows hotter inflation than July. Bond yields and the dollar index give a choppy hourly performance. The crypto market lost $5 billion after the news. image...
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Recession Looms as US Corporate Debt Defaults Surge 176% and Unemployment Rises
Key Takeaways: Corporate debt default took down 69 companies in 2023. The debt could mount further with destructive consequences, experts say. Recession fears intensify as unemployment climbs to 3.8%....
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Fed Pauses Interest Rate Hikes – Dollar Jumps
Key Takeaways: FOMC decided to pause its interest rate hikes in September. The decision met market expectations, while a further quantitative tightening is not out of the books. Dollar index increased...
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More US Financial Crisis Ahead, Analyst Warns, Drawing Parallels From History
Key Takeaways: The US Economy is showing signs of more financial crisis ahead. Analyst and author Lyn Alden has identified many similarities between the US Economy in the 1920s and the 2020s. The US...
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US Government Shutdown Averted For Now — Will Crypto Keep Rallying?
Key Takeaways: The US government avoided a shutdown, as a temporary funding bill passed the Senate review. Since the announcement, the US dollar index rose 0.8% against the dropping stocks. Bitcoin...
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Kevin McCarthy Checkmated By Republican Homies After Pausing US Govt Shutdown
Key Takeaways: Kevin McCarthy is no longer the Speaker of the US House of Representatives A small group of Republicans, led by Matt Gaetz & supported by Democrats, voted him out This is the first...
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Trump Backs Jim Jordan for Speaker After McCarthy’s Ouster — Ukraine Funding...
Key Takeaways: Former US President Donald Trump has endorsed Ohio Rep. Jim Jordan as House Speaker. Jordan is an outspoken critique of Washington’s continued funding for Ukraine. The Speaker’s chair...
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SiFive Layoffs Workforce by 20% Amid Strategic Refocus — And There’s a China...
SiFive layoffs Workforce by 20% Amid Strategic Refocus — And There’s a China Angle Read CoinChapter.com on Google News YEREVAN (CoinChapter.com) — SiFive, a semiconductor design company based in Santa...
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Republican Leadership Crisis Sorted: Donald Trump Ally Mike Johnson Elected...
Key Takeaways: The Republican Party has elected Mike Johnson as the next US House Speaker. The leadership vacuum was created after Kevin McCarthy’s ouster from the job three weeks back. Mike Johnson...
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Crypto Lobby Spending in US Set to Break 2022 Record
Crypto Lobbying in the US Set to Rise Read CoinChapter.com on Google News LUCKNOW (CoinChapter.com) — Crypto lobby spending in the US may cross above its 2022 peak levels by the end of this year,...
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Meta “Responsible AI” Team Dissolved Amid Growing Safety Concerns
Meta responsible AI team layoff Read CoinChapter.com on Google News YEREVAN (CoinChapter.com) — Meta Platforms, Inc., formerly known as Facebook, has announced the restructuring of its “Responsible...
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