News

Welcome to our cryptocurrency news page! Here you will find the latest news, analytical articles, and updates from the world of cryptocurrencies. We strive to provide you with the most up-to-date and reliable information.

A 50bp rate cut in September is likely, per Citi, $C.
Volvo cars scraps target to go fully electric by 2030, per Bloomberg
BREAKING: The SEC is ending its legal push to revive the Hedge Fund Fee Disclosure Rule, thus ending its fight for more transparency into hedge funds and private equity firms
U.S. homebuyers paid 14.8% more for the typical down payment in June 2024 than homebuyers in June 2023 as the typical down payment hit a record high of $67,500. This marked the 12th consecutive month that the median down payment rose year over year, according to Redfin.
Republican Donald Trump’s economic proposals would allegedly increase federal deficits by almost five times more over the next decade than those of Democratic nominee Vice President Kamala Harris, per two reports by the Penn Wharton Budget Model.
Mortgages locked in at low costs provided US consumers with an extra $600 billion in spending cash since 2022, blunting the impact of the Federal Reserve’s interest-rate hikes, according to analysis by the Swiss Re Institute.
Google, $GOOGL, Meta, $META, workers envy Nvidia staffers’ fat paychecks, per NYP.
Canadian credit card holders carried over C$4,300 ($3,200) in balances on average in the second quarter, marking the highest level since the onset of the global financial crisis in 2007, according to Equifax Canada
Bank of Canada cuts interest rates again.
Crypto owners exhibit higher levels of “dark” personality traits such as narcissism, Machiavellianism, psychopathy, and sadism, according to a recent academic paper by researchers at the University of Toronto and the University of Miami published in the journal PLOS One.
Nvidia, $NVDA, rally mints millionaires in the company who are too busy with work to bask in new wealth, per Bloomberg. In 2023, 5.3% of employees left the company, but after its valuation topped $1 trillion, that same turnover rate dropped by nearly half, to 2.7%.
Molson Coors is cutting back some of its DEI campaigns, per Bloomberg.
Peloton’s, $PTON, former billionaire CEO says he’s lost all his money and had to sell his possessions after $PTON's stock collapse, per FORTUNE.
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It took Wells Fargo, $WFC, 4 days to notice that an employee had died in their cubicle, per NBC. Denise Prudhomme, 60, was found dead on Aug. 20 in her Arizona office. Police say the preliminary investigation shows no signs of foul play.
Meta, $META, to inform Brazilians how it uses their personal data to train AI, per Reuters.
The US is allowing 24% more production of Vyvanse, an ADHD drug from Takeda Pharmaceutical and generic rivals, to address treatment shortages, per Bloomberg.
The average American drops $330,000 on rent before becoming a homeowner, per FORTUNE
Good night to everyone and $NVDA, Nvidia as well.
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