The next iteration of blockchain improvements may give us a new opportunity to achieve genuine decentralization, delivering resilient networks with innovative services, says P...
People are worried about losing their jobs even though the economy is good—it’s a ‘vibecession’
The percentage of people looking for jobs over the past four weeks in July was at a nine-year high, according to a Fed survey.
Americans think they'll be out of work and are looking for jobs at highest rate in 10 years: NY Fed survey
More Americans are looking for jobs as unemployment concerns rise to their highest level in a decade.
Enbridge Sees Strong Oil Demand in 2050, With US Supply Growing
(Bloomberg) -- Enbridge Inc. Chief Executive Officer Greg Ebel said oil demand may continue to grow in the decades ahead, putting his company’s internal assumptions among the more bullish forecasters of long-term crude usage.Most Read from Bloomberg‘Train Lovers’ Organize to Support Harris and Walz in Presidential BidPart of Downtown Montreal Is Flooded After Water Pipe BreaksClimate Disasters Are an Affordable Housing ProblemOil demand by 2050 will be “well north” of 100 million barrels a day a
Fed's Bowman still cautious about changing policy stance
Bowman's prepared remarks to a gathering of bankers in Alaska reflect her continued stance as one of the Fed's more hawkish policymakers. While she refrained for a second time from saying she stood ready, if necessary, to further lift rates, as has been her position previously, she offered little indication she is ready to endorse a rate cut at the Fed's Sept. 17-18 meeting, as is now widely expected. Inflation should continue to fall under the current stance of policy, she said, and if inflation continues to fall sustainably toward the Fed's 2% target, "it will become appropriate to gradually lower the federal funds rate to prevent monetary policy from becoming overly restrictive on economic activity and employment."
About That 'Gary Gensler for Treasury Secretary' Story
A bombshell (alleged) revelation spread fast yesterday, but was it true?
Trump Ally Bessent Says Stocks Will Fall on ‘Precarious’ Economy
(Bloomberg) -- Scott Bessent, who runs macro hedge fund Key Square Capital Management, said he expects a jump in volatility and a decline in US markets because the economy is more fragile than most investors realize. Most Read from Bloomberg‘Train Lovers’ Organize to Support Harris and Walz in Presidential BidPart of Downtown Montreal Is Flooded After Water Pipe BreaksClimate Disasters Are an Affordable Housing Problem“Right now we view the US economy as being in a precarious, emerging market-st