How US shutdown slows Blockchain progress down
Donald Trump’s government shutdown has now begun its 24th day after breaking the record for the longest shutdown in US history three days ago. The president’s deadlock with congress over […]
US
Trade war doesn’t affect China’s export too much
Not good timing as the US/China trade delegation continues it’s drawn-out talks, with the latest Chinese trade figures pointing to a near record surplus with the US. Despite U.S. President […]
Fed Chair Powell is worried about growing US debt
Federal Reserve Chairman Jerome Powell is concerned about rising US debt. The annual debt in 2018 topped $1 trillion, while the overall deficit was $21.9 trillion as of January 8, […]
Fed’s Kaplan says rate hikes should pause
The Federal Reserve should halt its interest-rate hikes until it gets a better idea of where the economy is headed, the president of the Dallas Fed said Thursday. Dallas Fed […]
Apple in the middle of the Trade War
Apple has warned investors that its revenue over the crucial festive season will be lower than expected, blaming the US-China trade war for disappointing iPhone sales. Shares in the technology […]
US Congress proposes new legal definition of crypto currencies
A bipartisan pair of lawmakers want to create a new legal definition for digital tokens and exclude them from existing securities law. Reps. Warren Davidson, R-Ohio, and Darren Soto, D-Fla., […]
Fed hikes rates and sees more hikes in the future
The Federal Reserve raised its key interest rate Wednesday for the fourth time this year to reflect the U.S. economy’s continued strength but signaled that it expects to slow its […]
Oil: US EIA revised price forecasts for 2019
In its latest Short-Term Energy Outlook (STEO), the US Energy Information Administration has revised its 2019 price forecasts for Brent and West Texas Intermediate to $61/bbl and $54/bbl, respectively, which […]