Strong Labor Market Likely to Influence Fed Tightening Despite Cooling CPI
Market Analysis

US CPI Cools in June, But More Fed Hikes Expected

July 12, 2023 0

The monthly headline and core US Consumer Price Indexes (CPI) rose 0.2%, cooler than the estimated 0.3%, but are unlikely to change the Federal Reserve Board’s decision on interest rate hikes at their July meeting. […]

Market Analysis

Astar Foundation, NTT Digital partner to promote Web3

July 12, 2023 0

Astar Foundation and NTT Digital will collaborate to create Web3 talent training programs. The partners will also work on initiatives aimed at enhancing network infrastructure. Astar Foundation and NTT Digital began collaborating in 2022. Astar […]

Market Analysis

Cathie Wood Dumps $12 Million in Coinbase Shares

July 12, 2023 0

Cathie Wood’s Ark Innovation exchange-traded fund (ETF) sold 135,152 Coinbase shares yesterday, despite optimism surrounding Coinbase’s Base blockchain and ETF arrangements. The ETF was the fourth largest holder of Coinbase shares and has bought several […]

Bank of America Cracks Deepen, Fined $150M for ‘Junk Fees’ and Falsified Accounts
Market Analysis

Bank of America Hit With $150M Fine For Malpractices

July 12, 2023 0

America’s banking crisis is far from over, with some of the country’s largest banks stiff in deep water. Bank of America has been in the spotlight recently for bond market paper losses, overcharging customers, and […]