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Stock market banishes Fed rate hike worries
The stock market’s display today banished worries that the Federal Reserve would hit Wall St with a rate hike. The governmental body released the FOMC statement and the following implementation...
Interest rates remain unchanged due to a ‘lack of progress’ on 2% inflation according to Fed
The Federal Reserve, as the authoritative body, has announced that interest rates will remain unchanged due to a “lack of progress” in bringing inflation down. The government body published a...
Binance founder jailed for four months
A Seattle federal judge has held the founder of Binance accountable for his part in an elaborate money laundering scheme. Changpeng Zhao pleaded guilty to the charges held against him...
Tesla and Musk announce more Spring layoffs
Elon Musk’s month has gone from bad to worse as Tesla has informed staff that layoffs are imminent. In an all-staff email, first reported by The Information, the electric automotive...
Consumer Confidence in the United States Falls, Reveals Recent Survey
A leading analytics and survey provider has recorded a slump in United States consumer confidence. The Conference Board, a reputable source, has released information showing a decline in its consumer...
World Bank issues a warning oil could hit $100 a barrel mark
The World Bank has stated that oil prices could surge to $100 a barrel due to rising tensions in the Middle East. The news comes as the Israeli government has...
