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Bitcoin's Dual Role: Currency or Investment?
Herald & Review· 7 days agoThe conversation around Bitcoin's identity as a commodity versus a means of transaction continues amidst growing momentum and regulatory milestones....
America’s Roundup: Dollar firms as Fed officials urge patience on rate cuts, Wall Street’s ends...
EconoTimes· 5 days agoMarket Roundup Canada Apr Core CPI (YoY) 1.6%, 2.0% previous Canada Apr CPI (MoM) 0.5%,0.5%...
Fed’s Favorite Underlying Inflation Gauge Is Seen Cooling
Bloomberg via Yahoo Finance· 13 hours ago(Bloomberg) -- The Federal Reserve’s first-line inflation gauge is about to show some modest relief...
Chanel Defies Luxury Slowdown As Annual Sales Surge to $20 Billion
The Business of Fashion· 6 days agoChanel’s revenues rose 16 percent excluding currency shifts to $19.7 billion in 2023, the French...
Spot ETH ETFs approved, crypto bill passes US House, and more: Hodler’s Digest, May 19-25
The Cointelegraph· 1 day agoThe U.S. Securities and Exchange Commission (SEC) has given the regulatory green light to spot Ether exchange-traded funds (ETFs) in the United States on May 23. Issuers must still obtain SEC ...
Crypto shocker
Politico· 4 days agoBright is the former acting president of Ginnie Mae and an ex-GOP Senate aide.
European PMIs beat but concern over services remains
The Forex Market· 4 days agoEU Mid-Market Update: European PMIs beat but concern over services remains; NVDA earnings blowout keeps AI train at full speed.
Two-Speed World Weighs on G-7 With Inflation Fading Unevenly
Bloomberg via Yahoo Finance· 3 days ago(Bloomberg) -- A two-speed global economy skewed by US strength is overshadowing this week’s Group...
Asian Markets Trade Mixed
RTT News· 4 days agoAsian Markets closed mixed on Wednesday. The Australian market is significantly lower on Thursday, extending the losses in the previous two sessions, following the broadly negative cues from ...
U.S. Stocks May Add To Last Week's Strong Gains In Early Trading
RTT News· 7 days agoThe major U.S. index futures are currently pointing to a modestly higher open on Monday, with stocks poised to add to the strong gains posted last week. The Dow closed above ...