News list for " Last Week"
The number of Americans filing initial jobless claims rose modestly last week, indicating that the labor market remains on solid footing. In recent days, Elon Musk's Department of Government Efficiency has laid off thousands of federal employees. The claims for unemployment benefits for these laid-offs were filed separately under the Federal Employees' Unemployment Compensation (UCFE) program, with a one-week delay in data reporting. The White House wants to cut about 2.30 million federal govern...
The number of Americans claiming unemployment benefits for the first time last week was 219,000, an estimate of 213,000, and the previous value was 207,000.
The number of Americans filing for unemployment benefits for the first time last week was 223,000, an estimate of 220,000, and the previous value was 217,000.
Michael Saylor announced in a post on the X platform that MicroStrategy (MSTR) generated 1440 BTC in financial operations last week, which is equivalent to creating $138.20 million in value for shareholders at a price of $96,000.
Oil prices in the United States and Burkina Faso both rose to 2% in early trading, as the impact of last week's U.S. energy sanctions on Russia continued.
Coinbase International's total trading volume exceeded $119 billion last week, a record high. The total for the week was 124% higher than the previous week's total, and the daily average for the past week was 164% higher than the previous week's daily average. Coinbase International's average daily trading volume in November was just $2.50 billion. As of December, the exchange's average daily trading volume was close to $10 billion. The top five trading pairs on Coinbase International include BT...
The Fed struck a more hawkish tone last week, projecting higher inflation in 2025 than previously thought and scaling back the number of rate cuts expected next year. In an economic environment that appears to be slowing, the Fed could fall into a tailspin and return to a more dovish stance, wrote Neil Datta, an analyst at Renaissance Macro. He doubts that expectations of the Trump administration's policies - Powell acknowledges the Fed's...
The number of Americans claiming unemployment benefits for the first time last week 220,000, estimated at 230,000, and the previous value was 242,000.
MicroStrategy founder Michael Saylor posted on the X platform that last week MicroStrategy's financial operations generated a net gain of 13,270 BTC (or 1,896 BTC per day) for shareholders, achieving a 3.3% Bitcoin yield. At a price of $98,000 per Bitcoin, that's equivalent to $1.30 billion, or $186 million per day.
Bitcoin broke through the $100,000 mark for the first time last week, before easing back from recent gains. XTB's Kathleen Brooks said in a report that Bitcoin's fall below the $100,000 mark highlights "the risks and unpredictability of cryptocurrencies". Bitcoin's recent sharp appreciation follows Trump's victory in the US Presidential Election, which boosted the industry in hopes of more crypto-friendly regulation from Trump.
