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  • Sep 05, 2024

Yellen Says Labor Market ‘Healthy,’ Amid Unemployment Rise

(Bloomberg) -- Treasury Secretary Janet Yellen said the US job market remains healthy and touted “very solid” consumer and investment spending, even as recent data suggest some cooling is taking place.Most Read from BloombergThe Outsized Cost of Expanding US RoadsHow Air Conditioning Took Over the American OfficeMadrid to Ban E-Scooter Rentals, Following Lead Set in ParisHong Kong’s Arts Hub Turns to Selling Land to Stay AfloatWorld's Second-Tallest Tower Tests Malaysia's Appetite for More Skysc

  • Sep 05, 2024

We Need DePIN to Get to Net-Zero Emissions

To achieve the net-zero goal ASAP, we must find a way to actively integrate end consumers into the energy market. The answer is Decentralized Physical Infrastructure Networks,...

  • Sep 05, 2024

OPEC+ Pauses Oil Supply Hike in Effort to Reverse Price Slump

(Bloomberg) -- OPEC+ postponed its oil supply hike by two months, but the move wasn’t enough to roll back steep losses in crude prices amid fears about fragile demand. Most Read from BloombergThe Outsized Cost of Expanding US RoadsHow Air Conditioning Took Over the American OfficeMadrid to Ban E-Scooter Rentals, Following Lead Set in ParisHong Kong’s Arts Hub Turns to Selling Land to Stay AfloatWorld's Second-Tallest Tower Tests Malaysia's Appetite for More SkyscrapersKey coalition members won’t

  • Sep 05, 2024

Big Market and Crypto News: U.S. Stocks Drop, DeFi at Risk, Ripple’s Stablecoin Launch and More

In this weeks top financial and crypto news, U.S. stocks plunged, with tech and semiconductor sectors leading the decline, while Bitcoin ETFs saw their largest outflows since May. Meanwhile, the FBI warns of North Korean hackers targeting Bitcoin ETFs. Uniswap Labs was fined for offering illegal crypto derivatives trading, and Ripple's CEO announced their stablecoin is close to launch.

  • Sep 05, 2024

Mexico Central Banker Heath Says Food Volatility Clouds Inflation Outlook

(Bloomberg) -- Mexican central bank Deputy Governor Jonathan Heath said it’s uncertain how soon food price pressures will cool and bring policymakers relief on non-core inflation as they mull new interest rate cuts.Most Read from BloombergThe Outsized Cost of Expanding US RoadsHow Air Conditioning Took Over the American OfficeMadrid to Ban E-Scooter Rentals, Following Lead Set in ParisHong Kong’s Arts Hub Turns to Selling Land to Stay AfloatWorld's Second-Tallest Tower Tests Malaysia's Appetite

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