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Latest from Helene Braun
US Jobs Report Shows Gain of 428,000, Adding to Price Pressures
Friday's Labor Department report showed that employment growth stayed robust last month, at a level that should continue to worry the Federal Reserve about a too-tight jobs market.
Bitcoin Plunges Most in 2 Months Amid Stock Market Sell-off
Bitcoin dropped more than 7% on Thursday. The decline was in line with a broad fall in the prices of stocks and bonds.
Fed Hikes Rate at Fastest Pace in 22 Years, Will Start Shrinking Balance Sheet
The central bank is taking a hawkish stance as inflation is running at its highest level in four decades.
Fed Meeting Decision Looks Baked, But Outlook Is Far From Certain
The Federal Open Market Committee is holding its two-day, closed-door meeting starting today.
Labor Costs Jump by Most in 2 Decades, Adding to Inflationary Surge
This move adds more pressure on the Federal Reserve to hike rates fast.
US Economy Shrinks Unexpectedly, Amplifying Recession Fears
Headline GDP shrank 1.4%, data by the Bureau of Economic Analysis showed Thursday. Analysts were expecting a 1% increase.
Crypto Market's Direction During a Recession Might Depend on Nasdaq
Analysts say as the broader stock market goes, so goes bitcoin when recession hits.
Fed's Powell Says 50 Basis Point Hike ‘On the Table’
The Federal Reserve chair spoke on a panel about the global economy presented by the International Monetary Fund.
Bitfinex Exchange Back Online After ‘Issues’ Cause 2-Hour Outage
The platform underwent maintenance after trading was halted.
First Mover Americas: Bitcoin Struggles as Dollar Breaks Multi-Year Bearish Trend Line
The latest moves in crypto markets in context for April 19, 2022.
