The ‘Made in USA’ tag was once a powerful tool but got sold out to foreign nationals for cheap labor for the cost of their profits. The USD hit a…
Key Points:Traders adjust rate cut expectations after U.S. labor data.Fed remains in data-dependent stance amid economic uncertainty.Bitcoin and Ethereum face potential downward pressure.
U.S. short-term interest rate futures recorded narrowed losses…
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe.I was watching CNBC yesterday afternoon (and the French Open, don’t tell my boss) hoping to catch…
US jobs in May totaled 139,000 new positions, and this represents a job growth slowdown from April’s 177,000 additions while beating economist forecasts of around 125,000. The unemployment rate held…
U.S. labor market growth continued to modestly slow in May, but not enough to force a rise in the unemployment rate.Nonfarm payrolls grew 139,000 last month, according to the a…
In brief
Bitcoin remained relatively flat after May jobs data showed 139,000 new positions (above the 125,000 forecast), though it has dropped 1.5% in 24 hours to $103,919.
Major altcoins experienced larger…
By Omkar Godbole (All times ET unless indicated otherwise)Bitcoin (BTC) and the wider cryptocurrency market recovered from overnight lows, with monero (XMR), XRP and SUI leading the bounce ahead of…
Bitcoin price fell 5% to a low of $100,372 due to macro headwinds, liquidation of leveraged trades, and the Elon Musk-Donald Trump feud. Traders now await crypto options expiry and…
There are fears amongst experts and employees at Alphabet (GOOGL) that the company’s AI efforts could wind up cutting people out of jobs. The Google developer’s recent investments and developments…
Key Points:The U.S. added only 37,000 jobs in May 2025, missing expectations of 110,000.The crypto market could react positively due to expected monetary easing.ADP’s report suggests potential economic concerns among…