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November 14, 2023 August Sees Unpredicted Rise in Unemployment Rate to 3.8% Despite 187,000 Increase in PayrollsIn August 2023, the U.S. experienced a significant rise in its unemployment rate, indicating a...
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October 10, 2023 JPMorgan Chase’s Earnings Declined 28% After Building Reserves For Bad Loans, And The Bank Suspended Share Buybacks.JPMorgan Chase announced Thursday that its second-quarter profit slumped as it built a reserve for bad...
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February 13, 2023 BlockFi secret financials show a $1.2 billion relationship with Sam Bankman-Fried’s crypto empireBankrupt crypto lender BlockFi had over $1.2 billion in assets tied to Sam Bankman-Fried’s FTX...
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January 24, 2023 Bitcoin jumps above $19,000 to highest level since November on cooling U.S. inflationAs traders bet on a U.S. inflation slowdown and digested news that lawyers for defunct...
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January 17, 2023 Fed Officials See Higher Rates for ‘Some Time’ AheadAccording to minutes released Wednesday from the central bank's December meeting, Federal Reserve officials are...
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December 27, 2022 Elon Musk sells another huge chunk of Tesla sharesAccording to a financial filing released Wednesday night, Tesla CEO Elon Musk sold about 22...
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December 19, 2022 Jamie Dimon says inflation-eroding consumer wealth may cause a recession next year.According to Jamie Dimon, the U.S. economy could enter a recession next year due to...
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December 12, 2022 Stock Funds Rise Again but Remain DamagedThe stock market and U.S. stock funds rose for the second consecutive month. However, It...
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October 31, 2022 Goldman Ceo David Solomon Says It’s Time To Be Cautious Because There’s a Good Chance Of a RecessionAccording to Goldman Sachs CEO David Solomon, the U.S. economy may be heading for a...
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October 17, 2022 Fed’s Evans Says Fighting Inflation Is The Top Priority Even If That Means Job LossesAccording to Chicago Federal Reserve President Charles Evans, the central bank remains committed to reducing...
