Stocks Stumble as Strong Spending Data Stokes Inflation Fears
Key Insights U.S. stocks closed mixed on Friday as strong consumer spending data stoked inflation concerns. The S&P 500 fell…
Your Bank Account on Twitter? Musk Outlines Ambitious Financial Plans
Key Insights Elon Musk plans to make Twitter an “everything app” for finances by 2024, allowing users to send money,…
Trezor Users Targeted in Latest Crypto Phishing Scam
Key Insights Trezor cryptocurrency wallet users reported receiving phishing emails this week requesting they download a fake firmware update. Cybersecurity…
Bank of Canada Keeps Interest Rates Steady at 5.0% Amid Economic Slowdown
Key Insights Bank of Canada maintains its benchmark interest rate at 5.0% for the second consecutive month. Economic activity and…
FCA Warns Crypto Firms: Comply with Ad Rules or Face Restrictions
Key Insights The UK’s financial regulator, the FCA, is increasing scrutiny on authorized cryptocurrency firms and their advertising practices. The…
Apple Announces October 30th Event: What’s in Store for Mac Enthusiasts?
Key Insights Apple is set to hold a launch event on October 30th at 8 p.m. E.T., focusing on Mac…
Ledger Defies Controversy with Launch of Cloud-Based Crypto Key Recovery Service
Key Insights Ledger is launching Ledger Recover, a cloud-based private key recovery service, amidst criticism from the crypto community. Ledger…
Three Risks Threatening the U.S. Economy and Stock Market
Key Insights Despite a divided stock market, the US economy is experiencing strong growth, with Q3 GDP estimates exceeding 5%…
US Stock Market: S&P 500 Expected to Decline, says Morgan Stanley’s Top Strategist
Key Insights Morgan Stanley’s top strategist predicts a drop in the S&P 500, with earnings falling short of expectations, hindering…
China Grapples with Soaring Capital Outflows and Weakening Yuan
Key Insights China experiences a surge in capital flight as economic uncertainties persist and the real estate market slumps. $53.9…