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Month: April 2025

Cryptocurrencies

Popular beer brand shuts down brewery, lays off employees

The craft beer industry faced declining production and fewer breweries in operation in 2024 as economic challenges impacted the sector, with some brewers forced to close operations and, in other cases, file for bankruptcy. Americans’ Read more…

By , 1 year ago April 16, 2025
Cryptocurrencies

Japanese Yen Surges as Weak US Dollar Fuels Momentum

The USD/JPY pair extended its decline on Wednesday, dropping to 142.36 amid sustained dollar weakness. Key factors driving USD/JPY Movements The Japanese yen’s appreciation is being propelled by broad-based US dollar softness. The greenback faced Read more…

By , 1 year ago April 16, 2025
Cryptocurrencies

Analysts revisit Nvidia stock price targets as US restricts China chip sales

Nvidia shares tumbled in early Wednesday trading after the world’s leading AI chipmaker was hit with new China export restrictions that could potentially impact billions in sales and add a new vulnerability to its near-term Read more…

By , 1 year ago April 16, 2025
digital

The ‘Oscars of Science’ can’t take a Trump joke

A quip made by Seth Rogen (left), who co-presented an award with Edward Norton (right) was edited out of the ceremony video. When the Breakthrough Prize, founded by Facebook, Apple, and Google moguls and sometimes Read more…

By , 1 year ago April 16, 2025
digital

The ‘Oscars of Science’ can’t take a Trump joke

A quip made by Seth Rogen (left), who co-presented an award with Edward Norton (right) was edited out of the ceremony video. When the Breakthrough Prize, founded by Facebook, Apple, and Google moguls and sometimes Read more…

By , 1 year ago April 16, 2025
Cryptocurrencies

Gold Hits New Record High Above $3300

Gold broke above psychological $3300 barrier and hit new record high on Wednesday morning, as growing uncertainty over US-China trade war sparked fresh wave of migration into safety, with weaker dollar adding support to metal’s Read more…

By , 1 year ago April 16, 2025
Cryptocurrencies

UK Inflation Update March 2025: GBP/USD Market Analysis & BoE Rate Cut Predictions

UK annual inflation dropped to 2.6% in March 2025, lower than expected, with notable decreases in recreation, culture, and transport prices. Markets are pricing in an 85% probability of a Bank of England rate cut Read more…

By , 1 year ago April 16, 2025
Cryptocurrencies

Inflation in the UK Has Fallen

According to Forex Factory, the Consumer Price Index (CPI) reading came in below expectations: while analysts had forecast a decline to 2.7% year-on-year from the previous 2.8%, the actual CPI figure was 2.6%. Following the Read more…

By , 1 year ago April 16, 2025
Cryptocurrencies

Stock Market Today: Stocks slide as Nvidia gets dragged into US trade war

U.S. equity futures moved firmly lower in early Wednesday trading, with the dollar slumping to a fresh three-year trough amid the latest trade war salvo in the tech sector and further flight-to-safety trades that suggest Read more…

By , 1 year ago April 16, 2025
Cryptocurrencies

Eurozone CPI finalized at 2.2% in March, core at 2.4%

Final data confirmed that Eurozone headline inflation edged lower to 2.2% yoy in March, down from 2.3% in February. Core inflation (ex energy, food, alcohol & tobacco) also softened to 2.4% from 2.6%. Services was Read more…

By , 1 year ago April 16, 2025

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