The U.S. labor market showed weakness for the second consecutive month in July, possibly giving the Federal Reserve room to hold rates in place despite high inflation.According to the government’s…
Nothing good happens when the yield on the U.S. 10-year Treasury note trades above 4.5%, Fidelity’s Director of Global Macro Jurrien Timmer said Friday. “Long-term bond yields are on the…
The U.S. employment market rebounded in a big way from February's sizable losses.According to a Friday morning release from the Bureau of Labor Statistics, the country added 178,000 jobs in…
Earnings reports are still rolling in. This week Riot Platforms, the fourth-largest bitcoin miner by market cap, is due to report, as is Core Scientific, the No. 6. Like many…
Block Inc. (XYZ), the payments company run by Jack Dorsey, may reduce its workforce by as much as 10%, Bloomberg reported, citing people familiar with the matter.Hundreds of employees at…
A “softening, not collapsing” jobs market meets a tired crypto rally Bitcoin has spent the later weeks of November struggling to hold momentum after setting new highs earlier in 2025.…
Key takeaways:Bitcoin’s resilience after Friday’s $19 billion flash crash shows long-term demand remains strong despite short-term risk aversion.Derivatives traders remain cautious, with arbitrage opportunities and negative funding rates signaling heightened…
Bitcoin BTC$115,441.72 is about 4% higher than it was a week ago—good news for the digital asset but bad news for the economy. The recent negative tone of the economic…
Key takeaways:The US Labor Department revised payrolls down by 911,000 jobs, the largest cut in history, signaling deep labor market weakness.The revision strengthens expectations of a Federal Reserve rate cut…
Key takeaways:Potential Federal Reserve rate cuts into weak US jobs data could fuel Bitcoin’s next rally.BTC holds key support and eyes $129,000 after rebounding from its wedge pattern.Bitcoin (BTC) dropped…
