Retail sales soar past Wall Street estimates in July
Thursday's retail sales report comes as markets are increasingly focused on data amid growing concerns about the health of the US economy.
Wall Street Agrees Crypto Is 'Clearly' A Huge Election Issue, But Still Divided on Who Is Best for Industry
The digital assets industry is now a full-blown political issue, and Wall Street firms with crypto exposure are staying cautious ahead of November's U.S. election. Whether the next election will result in Donald Trump or Kamala Harris occupying the Oval Office for the next four years, one thing Wall Street firms agree on is that either nominee will bring crypto regulation forward.
US unemployment claims fall 7,000 to 227,000 in sign of resiliency in job market
The number of Americans applying for unemployment benefits fell last week, another sign that the job market remains resilient in the face of high interest rates. Jobless claims dropped by 7,000 to 227,000 last week, the Labor Department reported Thursday. Weekly filings for unemployment benefits, which are a proxy for layoffs, remain low by historic standards.
Top Crypto Startup Drove Other Projects' Airdrops to Its Employees
Eigen Labs circulated a list of team members' wallet addresses to EigenLayer ecosystem projects that were preparing to issue tokens. Some teams asked for it. At least one didn...
2025 Crypto Crackdown CONFIRMED?!
The crypto landscape is currently navigating a complex terrain of stringent regulatory challenges and optimistic market developments. With Kamala Harris's advisors—Brian Deese and Bharat Ramamurti—continuing the administration's tough stance on crypto, regulatory pressures are expected to remain high. However, despite these hurdles, the market shows resilience, with robust trading activity and increasing institutional investments highlighting its enduring potential.
First Mover Americas: Bitcoin Drops to Under $58K After U.S. CPI Data
The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 15, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
