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TheCryptagon

TheCryptagon
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Trump Weighs Early Fed Chair Pick in Bid to Undercut Powell...

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U.S. President Donald Trump is reportedly considering speeding up the announcement of a successor to Federal Reserve Chair Jerome Powell, according to a Wall...

U.S. Labor Market Shows Signs of Weakening as Jobless Claims Persist

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The number of Americans applying for new unemployment benefits fell last week, but signs of a cooling labor market persist as businesses pull back...

Trump Administration Not Planning to Refill Strategic Oil Reserve Anytime Soon

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The Trump administration is not planning to replenish the Strategic Petroleum Reserve in the near future, White House spokesperson Karoline Leavitt stated on Thursday. The...

Meta Nearing Acquisition Deal for PlayAI, Reports Say

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Meta is reportedly in talks to acquire PlayAI, a company specializing in voice replication technology, Bloomberg reported on Wednesday. The move aligns with Meta’s broader...

German Consumer Confidence Slips Slightly Ahead of July

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German consumer confidence is expected to dip slightly as July approaches, according to a report released Thursday by the GfK market research group and...

Gold Holds Firm as Israel-Iran Ceasefire Eases Risk, Dollar Remains Soft

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Gold prices held steady during Asian trading on Thursday, supported by a weakening U.S. dollar after President Donald Trump ramped up criticism of Federal...

Oil Rises on Larger-Than-Expected U.S. Inventory Drop as Israel-Iran Truce Holds

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Oil prices inched higher during Asian trading on Thursday, supported by a substantial drop in U.S. crude inventories, which boosted optimism about robust demand....

Trump Criticizes Fed Chair Powell Again, Suggests Possible Replacement

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Speaking at the NATO summit on Wednesday, U.S. President Donald Trump renewed his attacks on Federal Reserve Chair Jerome Powell, signaling his intention to...

Dollar Hits Lowest Level Against Euro Since 2021, Rises Versus Yen

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The U.S. dollar slipped to multi-year lows against the euro and British pound on Wednesday but strengthened slightly against the Japanese yen, as traders...

EU Set to Introduce New Stablecoin Regulations Despite ECB Objections, Says...

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The European Commission is preparing to unveil new regulations targeting the stablecoin sector in the coming days, according to a report published Wednesday by...
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