US inflation cools faster than expected as June CPI rises 3.5% year‑on‑year U.S. consumer prices in June rose 3.5% year‑on‑year, easing more than economists anticipated and signaling a renewed slowdown …
Fed
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Business
Bitcoin slides to 21-month low amid energy price surge and Fed concerns
by Leo Müllerby Leo MüllerBitcoin Falls to 21‑Month Low as Energy Costs and Rate Fears Pressure Market Bitcoin tumbles to $57,735 on Bitstamp, hitting its lowest level since mid‑September 2024 amid inflation concerns tied …
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Business
Greenspan legacy prompts Fed to abandon forward guidance and embrace unpredictability
by Leo Müllerby Leo MüllerAlan Greenspan dies at 100, prompting reassessment of his Fed legacy Alan Greenspan’s death at 100 renewed debate over his role in modern central banking and his judgments on productivity, …
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Business
Alan Greenspan dies aged 100 as Fed confirms former central bank chair
by Leo Müllerby Leo MüllerAlan Greenspan, former Federal Reserve chair, dies at 100 Alan Greenspan, the long-serving former chair of the U.S. Federal Reserve, has died at 100, the Fed confirmed. Greenspan’s death, attributed …
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Business
Wall Street plunges as strong US jobs report revives Fed rate fears
by Leo Müllerby Leo MüllerWall Street sell-off jolts markets after strong U.S. jobs report and renewed rate fears Strong U.S. jobs data triggers Wall Street sell-off, sending tech and semiconductor stocks sharply lower as …