Cryptocurrency Analysis and News Portal
Democratic House Speaker Nancy Pelosi rejected the White House’s recently boosted $1.8 trillion stimulus offer, saying it doesn’t provide enough in the way of coronavirus testing, worker safety and child care, the Financial Times reported, setting back hopes for an imminent breakthrough in talks. Source
Read More
Optimism for the prospects for a U.S. stimulus package rose after the White House boosted its offer to Democrats on a pandemic relief package Friday. Source
Read More
Bitcoin is up 54% this year on speculation that trillion-dollar stimulus efforts by governments and central banks will lead to inflation. Source
Read More
President Trump said Tuesday he’ll delay stimulus talks until after the election, sending stocks lower.BTIG says the S&P 500 could fall at least another 7% without a stimulus bill.Trump signaled support for some stimulus relief on Tuesday night.President Donald Trump announced Tuesday that he was halting stimulus talks until after
Read More
Ethereum has been holding up well compared to the rest of the DeFi space, but the recent news
Read More
Dow Edges Higher Ahead of Powell Address, New Stimulus Talks CCN - Capital & Celeb News - The Dow Jones Industrial Average rallied on Tuesday ahead of a highly-anticipated speech from Fed Chair Jerome Powell. Dow Edges Higher Ahead of Powell Address, New Stimulus Talks CCN - Capital & Celeb
Read More
China’s former finance minister warns the world is at risk of turmoil.The trouble is loose monetary policies and economic stimulus measures.That’s a joke coming from the world’s largest managed economy.Lou Jiwei, former finance minister of China, recently warned that the nation could be stuck in economic turmoil for years.Anti-Globalization, Overstimulated
Read More
The Dow Jones fell 200 points from its daily peak to trade flat.Investors continue to see mounting layoffs and unacceptably high jobless claims in the U.S.Nancy Pelosi sent the Dow into red figures late in the session after she rejected a sizeable aid offer from the Trump administration.The Dow Jones
Read More
Dow Rallies 200 to Start Fourth Quarter on Revived Stimulus Hopes CCN.com - News & Blazing Opinions The Dow Jones Industrial Average rose more than 200 points on Thursday, as Wall Street started the fourth quarter on firm footing. Dow Rallies 200 to Start Fourth Quarter on Revived Stimulus Hopes CCN.com -
Read More
The Dow Jones rose 360 points Wednesday, giving up a massive chunk of its intraday gains.Hopes of more fiscal stimulus and positive economic data lifted the mood on Wall Street.Senator Mitch McConnell knocked 150 points off the Dow as he stressed no stimulus deal was close.The Dow Jones rallied strongly
Read More