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Author Archives: Top News Editor

UK Household Finance Outlook Turns Positive July

British households’ finance outlook turned positive for the first time since March 2016, while their financial pressures softened in July, results of a survey by IHS Markit and financial information provider Ipsos Mori revealed Monday. Read Full Story

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Crypto Weekly – Jul. 20

Cryptocurrencies led by Bitcoin had a good week with gains and robust volumes. While the leader held on to gains, several altcoins lost ground as the week progressed. After opening the week on a strong note, the cryptocurrency market sustained ...

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Cryptocurrency Daily Roundup – Jul. 20

Bitcoin was in the green Friday morning, holding above $7,400, while several altcoins including Ethereum were declining. Overall cryptocurrency market capitalization also shrunk and was $284.11 billion as of 10.09 am ET on CoinMarketCap. Read Full Story

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Trump Again Criticizes Fed’s Plan To Raise Interest Rates

Previous presidents have largely refrained from commenting on the Federal Reserve’s monetary policy, but President Donald Trump once again addressed the issue in posts on Twitter on Friday. Trump suggested the Fed’s plan to gradually raise interest rates could hurt ...

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UK June Budget Deficit Smallest In 2 Years

The UK budget deficit narrowed in June on higher revenue and lower expenditure and public borrowing for the quarter ended June reached its lowest level since 2007, the Office for National Statistics reported Friday. Public sector net borrowing, excluding public ...

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Cryptocurrency Daily Roundup – Jul. 19

The cryptocurrency rally running for the last three days lost steam Thursday morning with Bitcoin facing stiff resistance as it chased the $8,000 mark. Most cryptocurrencies were in the red, while Bitcoin resumed its upward trend. Overall cryptocurrency market capitalization ...

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UK Retail Sales Log Strong Gain In Q2, Despite Weak June

UK retail sales revealed a mixed bag as they unexpectedly declined in June, but the quarterly growth was robust, preliminary data from the Office for National Statistics showed Thursday. Retail sales dropped 0.5 percent from the previous month, while economists’ ...

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