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Japan Q1 GDP Unrevised, -0.2% On Quarter
Japan’s gross domestic product was down 0.2 percent on quarter in the first three months of 2018, the Cabinet Office said in Friday’s final reading. Read Full Story
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Author Archives: Top News Editor
Cryptocurrency Daily Roundup – Jun. 7
Bitcoin was modestly higher Thursday morning, while altcoins were in the red. The sluggishness persists as some downbeat news came in the form of a price target cut by a research firm. Trefis, a research firm, cut its year-end Bitcoin ...
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Crypto Lexicon – SCAMCOIN
SCAMCOIN is a fake cryptocurrency that is meant to help only those who created it and in turn, hurt those who hold it. Such coins are promoted on crypto forums usually through shilling as well as through pump-and-dumps. Read Full ...
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U.S. Weekly Jobless Claims Edge Slightly Lower
First-time claims for U.S. unemployment benefits saw a modest decrease in the week ended June 2nd, according to a report released by the Labor Department on Thursday. The Labor Department said initial jobless claims edged down to 222,000, a decrease ...
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Short Seller Jim Chanos Says Bitcoin Would Fail During Crisis
Jim Chanos, a prominent short-seller famous for his bet on Enron, said Bitcoin would be the last thing he would want to hold when catastrophe strikes. The craze about digital currencies such as Bitcoin is showing traits of a so-called ...
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German Factory Orders Log Unexpected Decline
Germany’s factory orders declined unexpectedly in April on weak domestic demand, figures from Destatis revealed Thursday. Factory orders slid 2.5 percent month-on-month in April, bigger than the revised 1.1 percent decrease seen in March and confounded expectations for an increase ...
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Cryptocurrency Daily Roundup – Jun. 6
Google Trends shows that the interest over time for “Bitcoin” has dropped to 10 in June this year from 100 in December 2017. The latest number is lesser than the interest shown during the corresponding period last year.Here is a ...
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U.S. Labor Productivity Climbs Less Than Previously Estimated In Q1
Labor productivity in the U.S. increased by less than previously estimated in the first quarter, according to a report released by the Labor Department on Wednesday. The report said labor productivity rose by 0.4 percent in the first quarter compared ...
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U.S. Trade Deficit Unexpectedly Continues To Narrow In April
Amid ongoing concerns about a global trade war, the Commerce Department released a report on Wednesday showing the U.S. trade deficit unexpectedly narrowed in the month of April. The Commerce Department said the trade deficit narrowed to $46.2 billion in ...
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India Raises Key Rates For First Time Since Early 2014
India’s central bank raised its key interest rates, for the first time since 2014, on rising upside risks to inflation outlook amid strong economic growth. The Monetary Policy Committee of the Reserve Bank of India, on Wednesday, unanimously decided to ...
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