Key Highlights Bitcoin price corrected lower and tested the $41,800 support. BTC is trading above a key bullish trend line with support at $42,400 on the 4-hour chart. The price could start a strong increase Read more…
New Zealand’s employment grew 0.4% qoq in Q4, slightly above expectation of 0.3% qoq. Unemployment rate ticked up from 3.9% to 4.0%, below expectation of 4.3%. Labor force participation rate fell from 72.0% to 71.9%. Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. If you’re tired of dealing with busted zippers and ripped or Read more…
In a speech, BoC Governor Tiff Macklem underscored the importance of allowing “more time” for monetary policy to take full effect in mitigating inflationary pressures within the Canadian economy. The path to 2% target is Read more…
If you still have a phone landline, then you may soon be the owner of a historical artifact. Phone service providers are starting to push the button on retiring Plain Old Telephone Service (POTS), or Read more…
Philadelphia Fed President Patrick Harker’s speech overnight delivered a dose of cautious optimism regarding US economy’s trajectory, suggesting that a “soft landing” could be within reach. Harker highlighted key indicators supporting his positive outlook: a Read more…
Minneapolis Fed President Neel Kashkari acknowledged the strides made towards controlling inflation, yet emphasizing the journey towards 2% inflation target is ongoing. During an event, Kashkari highlighted, “We’re not all the way there yet, but Read more…
Cleveland Fed President Loretta Mester underscored the importance of a cautious approach towards adjusting interest rates during an event overnight. Highlighting the necessity of “risk management,” Mester articulated concerns over reducing rates “too soon or Read more…
US dollar re-energized as strong data, hawkish Fed dent early rate cut bets American economy still churning out new jobs, shows no signs of cracks Will hot economy scupper the Fed’s plan to ease policy Read more…
The December quarter labour market surveys surprised modestly to the upside, suggesting that activity and inflation pressures are still easing, but perhaps not as quickly as the RBNZ would have hoped. Unemployment rate: 4.0% (prev: Read more…