TheCryptagon
Oil Prices Drop 1.5% as Russia-Ukraine Peace Talks Gain Momentum
Oil prices dropped by 1.5% on Friday, marking the third straight day of losses. The decline came as the United States pushed for progress...
Wall Street Divided on December Fed Rate Cut After Jobs Report
Wall Street remains divided on whether the Federal Reserve will cut interest rates in December. The split follows Thursday’s September jobs report, which showed...
U.S. Job Growth Strengthens in September Even as Unemployment Rises to...
U.S. job growth picked up in September, but the unemployment rate rose to 4.4%, the highest level in four years. Meanwhile, the economy lost...
Fed Chair Succession Debate Intensifies as Trump Increases Pressure on Powell
President Donald Trump intensified his criticism of Federal Reserve Chair Jerome Powell on Wednesday, putting the spotlight on the future of the central bank’s...
Morgan Stanley Scraps December Rate-Cut Forecast After Strong U.S. Jobs Data
Morgan Stanley has withdrawn its call for a quarter-point Federal Reserve rate cut in December. The change came after September’s stronger-than-expected jobs report pointed...
Wall Street Slips as Tech Stocks Lose Momentum
Wall Street’s major indexes fell on Thursday as the initial optimism from Nvidia’s earnings faded. Investors became more cautious about high valuations across the...
U.S. Existing Home Sales Rise in October
U.S. existing home sales rose in October as buyers moved quickly to take advantage of lower mortgage rates. However, rising unemployment and high housing...
Dollar Strengthens as Strong U.S. Jobs Report Reduces Fed Rate-Cut Expectations
The U.S. dollar strengthened against most major currencies on Thursday. The move came after signs of faster U.S. job growth suggested the Federal Reserve...
U.S. Payrolls Smash Expectations, Sending the Dollar Higher
The latest Nonfarm Payrolls report shows a sharp rise in U.S. job creation, far exceeding market expectations. Employment in non-agricultural sectors increased by 119,000...
Natural Gas Storage Falls More Than Expected, Strengthening Bullish Price Outlook
The Energy Information Administration (EIA) has released its latest Natural Gas Storage report, showing a bigger-than-expected draw in underground inventories. Storage levels fell by...
