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Month: January 2025

Cryptocurrencies

US retail sales rise 0.4% mom in Dec, ex-auto sales up 0.4% mom

US retail sales rose 0.4% mom to USD 729.2B in December, below expectation of 0.5% mom. Ex-auto sales rose 0.4% mom to USD 586.3B, below expectation of 0.5% mom. Ex-gasoline sales rose 0.4% mom to Read more…

By , 1 year ago January 16, 2025
Cryptocurrencies

ECB Minutes: Gradual easing essential to monitor disinflation check points

ECB’s December 11–12 meeting minutes noted that while the 25 bps rate cut decided at the meeting was widely supported, some members argued for a more aggressive 50 bps reduction. Some policymakers contended that a Read more…

By , 1 year ago January 16, 2025
Cryptocurrencies

Surprising December retail sales report upends inflation bets

U.S. retail sales faded over the final month of the year, data indicated Thursday, but a key reading on spending that feeds into economic-growth figures powered higher, adding further complexity to inflation forecasts heading into Read more…

By , 1 year ago January 16, 2025
Cryptocurrencies

(ECB) Monetary policy accounts

Account of the monetary policy meeting of the Governing Council of the European Central Bank held in Frankfurt am Main on Wednesday and Thursday, 11-12 December 2024 16 January 2025 1. Review of financial, economic Read more…

By , 1 year ago January 16, 2025
Cryptocurrencies

BTCUSD Cracks 100K Barrier as Sentiment Brightens

BTCUSD – quick rebound after recent strong downside rejection at key 90K support zone, probed through psychological 100K barrier, signaling that bulls are back to play. The sentiment improved on news that incoming Trump’s administration Read more…

By , 1 year ago January 16, 2025
Cryptocurrencies

Bitcoin Hits $100K Again, XRP Tests Highs

Market picture Crypto market capitalization rose another 3.4% in 24 hours to $3.5 trillion, recovering to levels seen before the January 7 sell-off. Both the decline at the beginning of the month and the latest Read more…

By , 1 year ago January 16, 2025
Cryptocurrencies

UK GDP Less Than Expected, Pound Edges Lower

The British pound has edged lower on Thursday. In the European session, GBP/USD is currently trading at 1.2205, down 0.22%. UK GDP posts weak gain of 0.1% The UK economy climbed out of negative growth Read more…

By , 1 year ago January 16, 2025
Cryptocurrencies

Walmart is selling a $230 space heater for only $59, and shoppers are ‘very impressed’

TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Despite wishing for balmy summer days on the beach, most of Read more…

By , 1 year ago January 16, 2025
Cryptocurrencies

Jaguar designers had a big problem with its controversial rebrand

On Nov. 19, 2024 British luxury automaker Jaguar sparked a social media firestorm so intense that it even attracted attention from people who had virtually no interest in cars.  The brand, famous for its E-Type Read more…

By , 1 year ago January 16, 2025
Cryptocurrencies

Forget the North Pole, popular toy company files for bankruptcy

The toy manufacturing and distribution industry has faced a challenging business environment since years before the Covid-19 pandemic. The industry took its biggest hit when giant toy retail chain Toys “R” Us Inc. filed for Read more…

By , 1 year ago January 16, 2025

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