U.S. Economy


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Bitcoin Outlook as Yellen Says US Economy Not in Recession

Treasury Secretary Janet Yellen said the US economy is not in a recession, despite GDP falling 0.9% in the second quarter. Tactive Wealth Advisor Eddy Gifford reacts to Yellen's latest comments and shares his insights on whether the bitcoin rally is here to stay.

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Markets

El enfrentamiento por 28 T de dólares de deuda del gobierno estadounidense podría sacudir el mercado de Bitcoin

El gobierno estadounidense nunca ha incumplido sus deudas, pero el estancamiento en el Congreso sobre el aumento del techo de la deuda está haciendo que los inversores se pregunten qué sucedería si lo hiciera.

Janet Yellen, U.S. Treasury secretary, speaks during an interview at the National Association of Business Economics (NABE) annual meeting in Arlington, Virginia, U.S., on Tuesday, Sept. 28, 2021. Yellen today warned that her department will effectively run out of cash around Oct. 18 unless Congress suspends or increases the federal debt limit, putting pressure on lawmakers to avert a default on U.S. obligations. Photographer: Amanda Andrade-Rhoades/Bloomberg via Getty Images

Markets

Bitcoin reduce pérdidas mientras Powell de la Fed no prevé subidas de tipos en el corto plazo

El presidente de la Reserva Federal, Jerome Powell, asegura a los Mercados que la Regulación monetaria se mantendrá laxa "hasta que sea necesario".

Federal Reserve Chair Jerome Powell speaks Wednesday at a press conference, following the U.S. central bank's two-day meeting.

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