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.

Gold rose more than 50% during Trump's term, per Bloomberg
July unemployment rate: 4.3%, est: 4.1%
In 2024, employees can contribute up to $23,000 in their traditional and Roth 401(k), per BI. People aged 50 or older can contribute an additional catch-up contribution of $7,500 in 2024.
Kamala Harris and her husband Doug Emhoff reported $450,299 in income in 2023, per WSJ. That includes Harris's $218,784 salary as vice president, and Emhoff's $174,994 wages as a professor at Georgetown University Law Center.
New mortgages in the US are affordable in just 11 of 50 major markets, per Zillow.
BREAKING: Car repossessions rocketed higher in the first half of the year, a sign of rising consumer distress as the US Federal Reserve weighs interest rate cuts. So far in 2024, repos are up 23% compared with the same period last year, according to data from Cox Automotive.
1 in 4 sellers cut home prices as inventory grows, per Zillow
Nvidia, $NVDA, valuation could hit $50 trillion in a decade, per James Anderson, an early investor in both Amazon, $AMZN, and Nvidia, $NVDA
Gold is the best portfolio hedge in the event Donald Trump retakes the White House, according to the latest Bloomberg Markets Live Pulse survey.
"Gen Zers and millennials have it harder than boomers did with college debt and buying a home—but they’re much better about saving," per Forbes.
"The low level of layoffs in the economy is no longer a sign of resilience in the labor market, but reflects confidence on the part of employers that the Fed will deliver the rate cuts that the market expect," per Bloomberg.
Industrials was the most net-sold US sector last week, according to Goldman Sachs, $GS.
The number of Gen Zers who aren't in work or school is rising, per BI.
Among the bottom 20 lowest-paying occupations, in which a worker can expect to earn $30,000 to $35,000 a year, women are the majority in 15 of them, according to the Bureau of Labor Statistics.
The Japanese stock market as shown by the TOPIX index fell 6.14% today (!!!), experiencing two circuit breakers (!!!!) during today's trading session. This is the largest decline since June 2016. Good night.
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The median 401(k) balance for people in their 30s is around $22,100 as of the first quarter of 2024. Read more
McKinsey’s analysis calculates losses of 1.1 million jobs paying $38,200 or less, with a 3.8 million increase in those offering salaries of $68,700 a year. Read more
Ouch. This wsb user put 700k into Intel, $INTC before earnings today, money which he received from his grandma vis inheritance. He is now down over 20% in a few hours.