Housing inflation the 'only real standout surprise' of August CPI report
The latest Consumer Price Index report released Wednesday showed that housing inflation still isn't easing.
Bitcoin Plunges Below $56K as Stocks Sell Off in Weak U.S. Trading
Crypto markets have made a habit over the past few weeks of declining as U.S. traditional markets open, underscoring a general risk-off sentiment among American investors.
Bitcoin Decouples From Gold as Crypto Continues in Bearish Phase
Another technical indicator suggests even tougher times could be in the cards for the crypto market.
The Harris-Trump Debate Showed How Little Crypto Matters to Voters and Politicians
Trump and Harris didn’t mention crypto once last night because, despite the industry’s pretensions to relevance, most people don’t care about these issues, says Ryan Gorman.
CoinDesk 20 Performance Update: Index Falls 2.1% with Only Two Gainers
Internet Computer advanced 2.7% and Uniswap rose 0.3% as all 18 other assets declined.
Gold Slips After Rise in Core Inflation Dims Odds of a Jumbo Cut
(Bloomberg) -- Gold fell after a key economic report showed underlying US inflation unexpectedly picked up in August as housing costs accelerated, lowering the possibility of an outsize Federal Reserve interest-rate cut next week.Most Read from BloombergHow Americans Voted Their Way Into a Housing CrisisAfter a Record Hot Summer, Pressure Grows for A/C MandatesChicago Halts Hiring as Deficit Tops $1 Billion Through 2025For Tenants, AI-Powered Screening Can Be a New Barrier to HousingUC Berkeley
Core US Inflation Picks Up, Damping Odds of Outsize Fed Cut
(Bloomberg) -- Sign up for the Economics Daily newsletter to discover what's driving the global economy.Most Read from BloombergHow Americans Voted Their Way Into a Housing CrisisAfter a Record Hot Summer, Pressure Grows for A/C MandatesChicago Halts Hiring as Deficit Tops $1 Billion Through 2025For Tenants, AI-Powered Screening Can Be a New Barrier to HousingUC Berkeley Gives Transfer Students a Purpose-Built Home on CampusUnderlying US inflation unexpectedly picked up in August on higher price
Inflation: Consumer prices rise at slowest pace since early 2021
The Consumer Price Index (CPI) increased 2.5% over the prior year in August, a deceleration from July's 2.9% annual gain in prices.
Binance.US Chooses Fireblocks to Bolster Crypto Custody, Staking Services
The exchange will use Fireblocks to power custody operations, customer deposits and withdrawals, and further expand staking services.
Osmosis Launches Cross-Chain Token Portal 'Polaris,' Expanding Beyond Cosmos Roots
Polaris is described as a "token portal" aimed at solving one of decentralized finance's biggest challenges: fragmented user experience.
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