The U.S. economy added a robust 312,000 jobs in December, capping the best year for job growth since 2015 and delivering a late-year shot of momentum to workers and businesses.
The Labor Department’s report Friday also showed that wages climbed 3.2 percent in 2018, the biggest annual gain in nearly a decade. The jobless rate rose…
Crypto
According to the National Association for Business Economics (NABE), the U.S. economy is expanding at a moderate pace. The NABE Outlook Survey, released on September 10, 2019, showed that the median forecast for real GDP growth in 2019 is 2.3%, down from the 3.0% growth forecast in the previous survey released in June. The outlook…
According to the latest economic news, the US economy is expected to grow by 2.3% in 2019. This is a slight improvement from the 2.2% growth rate in 2018. The main drivers of this growth are expected to be consumer spending and business investment. However, there are some risks to this outlook, including the possibility…
The economy is in a good place right now. The stock market is up, unemployment is down, and inflation is under control. Things are looking good for the near future.
The current economic situation is a result of the Trump administration's policies. The tax cuts and deregulation have spurred economic growth. The administration has also been…
The U.S. economy added a robust 250,000 jobs in October, capping a string of strong monthly gains that have helped lower the unemployment rate to a five-decade low of 3.7 percent.
The Labor Department’s report Friday also showed that average hourly earnings rose 3.1 percent from a year earlier, the biggest annual gain since 2009. The…
According to the latest economic news, the US economy is slowly recovering from the Covid-19 pandemic. The unemployment rate is down to 6.3%, and the stock market is slowly climbing back up. The inflation rate is also rising, but it is still below the 2% target set by the Federal Reserve.According to the latest economic…
When Sam Bankman-Fried, the former CEO of FTX, resigned a few weeks ago, it was unclear what the future held for the crypto exchange. Now, just days after filing for bankruptcy, it is becoming increasingly clear that things are not looking good for FTX. Chapter 11 is never a good sign, and creditors are unlikely…
1. Reason behind the Bitcoin Crash
Experts believe a few key reasons led to the sudden crash of Bitcoin. One of the main culprits is the issues surrounding the cryptocurrency exchange FTX. FTX is a relatively new exchange that has been growing in popularity at an alarming rate.
While FTX’s rapid growth is certainly impressive,…
What is Dogecoin and where did it come from?
Dogecoin is a cryptocurrency that was created in 2013. It is based on the Doge meme and has a Shiba Inu dog as its logo. Dogecoin is a peer-to-peer electronic currency, meaning that it can be sent directly from one person to another without the need…
Google’s parent company, Alphabet, from advertising and is growing faster than the whole of Alphabet, accounting for less than 6% three years ago to now 9%.
Jim Migdal, vice president of business development at Coinbase, says that Coinbase, which earns the bulk of its revenue from retail transactions, is moving its data-related applications from the…