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Peter Schiff Issues Gloomy BTC Price Prediction, Ripple CEO Hails 'Big Win' in California, SHIB Burn Rate Surges 2,682% With No Price Momentum: Crypto News Digest by U.Today By U.Today – Investing.com

U.Today – U.Today brings you a rundown of the top three news stories of the weekend. Schiff predicts prices will continue to fall over the next few years On Friday, June 21, Peter Schiff once again launched his criticism of the flagship cryptocurrency, Bitcoin. In a post on X, Schiff noted that BTC has fallen […]

Bank of England Revives Speculation of UK Rate Cut This Summer – Yahoo Finance

(Bloomberg) — The Bank of England rekindled speculation about an interest rate cut in the near future, as more officials signaled they might support moving away from borrowing costs that are at a 16-year high. Most read articles on Bloomberg Investors are pricing in a more than 50% chance of a rate move in August, […]

Apple Watch can double as lion heart rate monitor

Will the lion roar tonight? Could wearing an Apple Watch every day mean no trips to the vet? A wildlife veterinarian is redefining the CAT scan by using the gadget to measure a lion’s pulse with astonishing accuracy. Check out the video for more details. A big hit on Instagram. “This is truly a ‘tech […]

Bank of Japan set to reduce JGB purchases, stands pat on interest rate – CNBC

The Bank of Japan is widely expected to keep interest rates unchanged at the end of its two-day meeting until June 14, 2024. Pictured is the Japanese flag flying high at the bank’s headquarters in Tokyo. Kazuhiro Nogi | AFP | Getty Images The Bank of Japan kept its policy interest rate unchanged on Friday […]

Trump floats cutting corporate tax rate in meeting with CEOs

Former President Trump proposed further cuts to corporate tax rates at a business roundtable event on Thursday with some of the country’s most influential corporate executives, according to attendees. Shortly after the former president’s presentation, White House Chief of Staff Jeff Zients also gave an interview before the CEOs. The Business Roundtable reported last week […]

Gold prices dip in face of fewer rate cuts this year By Investing.com – Investing.com

Investing.com — Gold prices fell in Asian markets on Thursday, remaining near recent lows after the Federal Reserve sharply cut its outlook for interest rate cuts this year, creating further headwinds for the metal. Gold prices fell despite falling following weaker indicators in the previous session, but the dollar steadied on Thursday as markets digested […]

U.S. Economy Added 272,000 Jobs In May, Shutting Door On Rate Cuts Early This Summer

The Labor Department said Friday that U.S. employers added 272,000 workers in May, all but eliminating the possibility of the Federal Reserve cutting interest rates early this summer. Hiring was very strong in May, with the unemployment rate rising to 4% despite a slight decline in the labor force participation rate. Economists had expected payrolls […]