The Federal Reserve (Fed) decided to keep the policy interest rate unchanged at 4.25-4.50%, with a vote of 11 to 1. According to the decision, Christopher Waller supported keeping the policy interest rate stable, but preferred to continue the current reduction pace in securities holdings. The statement indicated that the federal funds rate target range […]
Many Americans from a certain generation can recall the days when they could buy penny candy from the corner store. These days, penny candy and the traditional mom-and-pop stores that sold them are a rare sight. Nonetheless, specialty shops across the country still offer old-school favorites like Tootsie Rolls, Mary Janes, jelly beans, red hots, […]
Ripple CEO Brad Garlinghouse announced that the lawsuit filed by the U.S. Securities and Exchange Commission (SEC) against the company will be dropped. Garlinghouse took to social media to express, “This is the moment we’ve been waiting for. The SEC will withdraw the appeal, Ripple, cryptocurrency, and a huge victory in every way. The future […]
Spot Bitcoin ETFs trading in the US recorded a net inflow for the third consecutive day, indicating a resurgence of investor interest. While spot Bitcoin exchange-traded funds (ETFs) in the US saw a net inflow for the third straight day, the series of outflows continued for spot Ether ETFs. According to recent data, investor interest […]
Minister of Energy and Natural Resources Alparslan Bayraktar expressed his desire to establish a partnership with Turkmenistan in developing oil and gas fields. During the Peace and Security Year Conference for Sustainable Development in Regional Economic Cooperation in the Turkmen capital of Ashgabat, Minister of Energy and Natural Resources Alparslan Bayraktar shared his insights. According […]
In the United States, the average interest rate for a 30-year fixed-rate mortgage increased to 6.72% last week, rising for the first time in 9 weeks, according to the Mortgage Bankers Association (MBA) data for the week ending on March 14th. Mortgage applications dropped by 6.2% from the previous week. While applications for home purchases […]
In the European Union, the hourly labor costs increased by 4.3% in the last quarter of the previous year compared to the same period of the previous year. The European Statistics Office (Eurostat) released data on hourly labor costs in the EU countries for the fourth quarter of 2024. According to the data, hourly labor […]
Cathie Wood, CEO of Ark Invest, maintained a price target of $1.5 million for Bitcoin (BTC) by 2030, stating that the cryptocurrency is still in a bull market. Despite the recent price fluctuations of Bitcoin and some analysts calling for a bear market, Cathie Wood, CEO of Ark Invest, continued to express positive views about […]
One of the world’s largest derivatives exchanges, CME Group, officially launched Solana (SOL) futures, opening the door to a new era in the crypto derivative market. This move caters to institutional investors, introducing a new investment tool to the market. This development marks a significant step towards the maturity of the crypto derivative market, evidenced […]
The Minister of Trade, Ömer Bolat, stated that new support measures are easing access to finance for tradesmen and artisans. Minister of Trade Ömer Bolat made remarks on the new supports for tradesmen and artisans. Bolat emphasized the importance of ensuring that tradesmen have easier access to affordable and large-scale sources of finance. He noted […]
