Economics Archives - Page 57 of 276

2 minute read

Bitcoin ETF Launch Shatters Records, Attracts Over $4 Billion: ‘Biggest Day One Splash In ETF History’ Analyst Says

January 11, 7:12 PM

Bitcoin exchange-traded funds attracted over $4 billion in inflows on their first day of trading on Thursday, according to data shared by Bloomberg’s senior ETF analyst Eric Balchunas at market close Thursday.

ARKB

4 minute read

‘Hunter Biden Pleads Not Guilty To Tax Evasion Charges’ – NY Times

By Benzinga Newsdesk

January 11, 5:21 PM

https://www.nytimes.com/2024/01/11/us/politics/hunter-biden-tax-charges.html#:~:text=Hunter%20Biden%2C%20the%20president's%20son,long%2Drunning%20investigation%20into%20him.Last month, a grand jury in California charged

SPY

2 minute read

Argentine President Milei Shocks With Plan To Dismantle Central Bank Amid Skyrocketing Inflation, IMF Backs Move

By Piero Cingari

January 11, 5:07 PM

They voted us to govern and put the Argentine economy in check. Surveys on the image and government measures are accompanying us. We have set a course and we are fulfilling it," Milei stated.

ARGT

2 minute read

‘POLITICSMaine Lawmakers Reject Bill To Remove Marijuana From State’s Criminal Code And Expunge Past Convictions’ – Marijuana Moment

By Benzinga Newsdesk

January 11, 4:58 PM

Maine Lawmakers Reject Bill To Remove Marijuana From State's Criminal Code And Expunge Past Convictions - Marijuana Moment "Marijuana should be dealt with like alcohol and other substances like that are dealt

ACB

2 minute read

Wall Street Slips As Rate-Cut Hopes Diminish With Inflation, Bitcoin Remains Unmoved By ETF Debut: What’s Driving Markets Thursday?

By Piero Cingari

January 11, 3:10 PM

It’s a bearish Thursday on Wall Street, with stocks relinquishing their gains due to unexpectedly high inflation numbers for December, causing some turbulence in market expectations regarding earlier Federal Reserve rate cuts.<

AAPL

2 minute read

Argentina’s Inflation Was Around 200% in 2023 — And It Could Get Worse in 2024: New Leadership Says It Will Take Time To Reverse

By Aaron Bry

January 11, 2:00 PM

Argentina’s inflation rate was around 200% in 2023, according to Reuters.

ARGT

2 minute read

Inflation Rises More Than Expected To 3.4% In December, Rattling Traders Betting On Fed Rate Cuts

By Piero Cingari

January 11, 9:34 AM

Inflation surpasses expectations, challenging Federal Reserve rate cut expectations for 2024. Dollar and Treasury yields rise, S&P 500 futures down.

SPY

3 minute read

Nasdaq, S&P 500 Futures Spike On Hopes Of Tame Inflation Data; Oil, Bitcoin Jump: Analyst Tells Why 2024 May Not Be All ‘Doom And Gloom’

By Shanthi Rexaline

January 11, 7:54 AM

Thursday’s session is set to open on a positive note for U.S. stocks, with attention focused on forthcoming inflation data that could influence trading direction.

BRK