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Author: Coin Craziness
Goldman Sachs raises Fed rate cut forecast to three in 2025
(Reuters) -Goldman Sachs on Monday raised its projection for U.S. interest rates in 2025 to three-quarter-point cuts because of muted…
US manufacturing mired in weakness as tariffs bite
By Lucia Mutikani WASHINGTON (Reuters) -U.S. manufacturing remained sluggish in June, with new orders subdued and prices paid for inputs…
Fed’s Powell says dollar swap lines remain important tool
By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Chair Jerome Powell said Tuesday the U.S. central bank has no…
Trump says he has ‘two or three’ choices to replace Fed’s Powell
By Jasper Ward WASHINGTON (Reuters) -U.S. President Donald Trump said on Tuesday he has two or three top choices to…
Wall Street analysts split on Circle after blockbuster IPO on lofty valuation concerns
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Wall Street analysts split on Circle after blockbuster IPO on lofty valuation concerns
By Rashika Singh and Siddarth S (Reuters) -Wall Street brokerages had mixed recommendations on stablecoin issuer Circle Internet Group as…
Google strikes deal to buy fusion power from MIT spinoff Commonwealth
By Timothy Gardner WASHINGTON (Reuters) -Alphabet’s Google said on Monday it has struck a deal to buy power from a…
US says it halts healthcare fraud schemes worth nearly $15 billion
WASHINGTON (Reuters) -The U.S. Justice Department said on Monday that it halted a series of healthcare fraud schemes that sought…
Fed’s Goolsbee sees no stagflation but ‘definitely’ things could get worse
(Reuters) -Chicago Federal Reserve Bank President Austan Goolsbee on Monday said that with unemployment near 4% and inflation around 2.5%…