Crypto News

U.S. Public Debt Hits Record $35.75 Trillion: What It Means for the Economy

Bloomberg reports that U.S. public debt has soared to $35.75 trillion as of October 15, 2024. This historic level prompts serious discussions on the sustainability of fiscal policies and its impact...

Bitcoin's Impact on Rockdale's Economy: Insights from Mayor Roddam

Mayor Ward Roddam of Rockdale, Texas highlights how Bitcoin mining revitalizes the local economy, creating jobs and attracting investment in the aftermath of a manufacturing decline.

Federal Reserve Set to Cut Rates by 25 Basis Points in November: Latest Insights

CME's 'FedWatch' tool reveals a 95.6% likelihood of a 25 basis points rate cut by the Federal Reserve in November, with an 84.1% chance for an additional 50 basis points cut by December. Explore th...

Fed's Williams Anticipates Neutral Policy Shift and Future Rate Cuts

Federal Reserve's Williams suggests a gradual shift to a neutral policy stance. He expects the economy to support more rate cuts while predicting the unemployment rate to remain stable at 4.25% thr...

Economist Discusses Early Rate Cuts Impact on Inflation and Stock Markets

Peter Morici, an economist, warns that early rate cuts can lead to inflation. However, if the U.S. avoids recession, stock prices may benefit in the short term. Historical data highlights risks and...