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Latest financial and economic news and analysis

Benzinga News Agency
YesterdayBenzinga
Cryptocurrency Medium Importance Neutral
CLARITY Act Delay Means It's 'Pretty Much Dead,' Expert Says: Bitcoin, Ethereum Don't Care

CLARITY Act Delay Means It's 'Pretty Much Dead,' Expert Says: Bitcoin, Ethereum Don't Care

Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) are showing surprising resilience despite fading hopes for near-term U.S. crypto legislation. Crypto Shrugs Off Clarity In a Schwab Network interview on Aug. 6, Charles Schwab equity research director Adam Lynch noted that the CLARITY Act is "pretty much dead.

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Source: Benzinga
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Schwab Network News Agency
YesterdaySchwab Network
General Medium Importance Neutral
The Big Picture: Jobs Report Eases Rate Hike Fears; Earnings Bar Remains High

The Big Picture: Jobs Report Eases Rate Hike Fears; Earnings Bar Remains High

Joe Mazzola from @CharlesSchwab discusses the market's positive reaction to the July jobs report, as weaker hiring and wage growth reduce the likelihood of a September Fed rate hike. He says the data helps the inflation outlook but also raises some concerns about the broader economy.

Source: Schwab Network
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Crypto Briefing News Agency
YesterdayCrypto Briefing
Cryptocurrency Medium Importance Neutral
Corporate treasuries hold 31M HYPE tokens, 13% of circulating supply

Corporate treasuries hold 31M HYPE tokens, 13% of circulating supply

Corporate treasuries' significant HYPE token holdings could influence market dynamics, highlighting potential risks and strategic shifts in DeFi. Corporate treasuries hold 31M HYPE tokens, 13% of circulating supply.

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HYPEUSD HYPEUSD
Source: Crypto Briefing
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Coinpaper News Agency
YesterdayCoinpaper
Cryptocurrency Medium Importance Neutral
Bitcoin Price Rally Past $65K as President Trump Says Crypto Is a ‘Big Deal'

Bitcoin Price Rally Past $65K as President Trump Says Crypto Is a ‘Big Deal'

Bitcoin price rises above $65,000 as Donald Trump calls crypto a “big deal,” while whale accumulation, ETF inflows, and U.S. jobs data support market sentiment.

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Source: Coinpaper
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Zacks Investment Research News Agency
YesterdayZacks Investment Research
General Medium Importance Neutral
U.S. Economy Unexpectedly Shed 23,000 Jobs in July

U.S. Economy Unexpectedly Shed 23,000 Jobs in July

This morning, the Employment Situation from the U.S. Bureau of Labor Statistics (BLS) came in well below estimates nearly across the board, with downward revisions amounting to -103K over the prior two months. The Unemployment Rate bumped down from +4.2% expected and reported a month ago to +4.1% for July.

Source: Zacks Investment Research
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Crypto Briefing News Agency
YesterdayCrypto Briefing
Cryptocurrency Medium Importance Neutral
Crypto ETFs see positive inflows for BTC and ETH as of Aug 6

Crypto ETFs see positive inflows for BTC and ETH as of Aug 6

Institutional inflows into BTC and ETH ETFs suggest a shift towards diversified digital-asset portfolios, impacting crypto's institutional role. Crypto ETFs see positive inflows for BTC and ETH as of Aug 6.

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Source: Crypto Briefing
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Bloomberg Markets and Finance News Agency
YesterdayBloomberg Markets and Finance
General Medium Importance Neutral
US Employers Cut Jobs, Unemployment Rate Falls

US Employers Cut Jobs, Unemployment Rate Falls

Nonfarm payrolls decreased 23,000 last month following a combined 103,000 downward revision to the May and June figures, Bureau of Labor Statistics data showed Friday. The unemployment rate fell to 4.1% as labor force participation continued to slide, and wage growth slowed.

Source: Bloomberg Markets and Finance
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