U.S. Birth Rate at Record Low After Pandemic Boost

The U.S. birth rate hit an all-time low in 2023, according to preliminary data released Thursday by the Centers for Disease Control and Prevention. The total number of births last year was 3.59 million, down 2% from 2022, “the lowest level since 1979, when about 3.4 million babies were born in the United States.” time […]
Dow tumbles nearly 700 points as new inflation fears dent hopes of Fed rate cut

Wall Street stocks fell on Thursday as markets were stunned by data showing weaker-than-expected U.S. economic growth and persistent inflation, as well as large-cap stocks selling off after Meta Platform’s disappointing results. Finished the transaction. The Dow Jones Industrial Average fell 375.12 points, or 1%, to $38,085.12. It fell nearly 700 points in morning trading. […]
US birth rate falls to record low after pandemic bump

The U.S. birth rate has fallen to a record low after surging during the coronavirus pandemic, according to new data released by the Centers for Disease Control and Prevention.CDC) on Thursday. The provisional number of births in 2023 is 3,591,328, down 2% from 3,667,758 the previous year. “Last year, the difference was very small. This […]
Bitcoin Dips to $63K as Rate Cut Hopes Dim Following Disappointing U.S. Inflation Report – CoinDesk

Bitcoin (Bitcoin) The cryptocurrency tumbled after new data showed higher inflation and slower growth in the United States in the first quarter, briefly falling below $63,000 on Thursday. The U.S. government’s first-quarter GDP report showed growth of just 1.6%, well below the 2.5% expected by analysts and below the 3.4% expected in the fourth quarter […]
Bitcoin’s Inflation Rate Is Now Lower Than Gold: Report – Decrypt

It has been about four days since Bitcoin (BTC)’s fourth halving event occurred, and market watchers have accumulated enough data to make an early judgment on its impact. One is that, as expected, Bitcoin’s supply inflation rate has collapsed. Each Bitcoin block that is mined approximately once every 10 minutes currently generates only 3.125 BTC. […]
Gold prices steady below $2,400; Rate fears, dollar pressure persist By Investing.com – Investing.com

Investing.com — Gold prices recovered from overnight declines in Asian trade on Thursday, but remain below recent highs as concerns about longer-term interest rates and strong dollar pressure remain. Ta. The yellow metal soared to record highs last week as safe-haven demand soared after Iran launched attacks against Israel. But fears of an escalation of […]
Interest rate cut odds dwindle as inflation progress stalls

Market Rebellion co-founder Pete Najarian talks about the Fed’s slow rate cut, inflation, and the US market. A series of better-than-expected inflation figures since the start of the year have made it less likely that the central government will cut interest rates immediately. federal reserve. of consumer price indexprices, a broad measure of the price […]
New threat to Biden: Rising odds of no rate cuts before election

The rising odds that the Federal Reserve might not cut interest rates at all this year has major implications for the coming elections, especially in terms of imperiling President Joe Biden’s quest for a second term. Just four months ago, investors were pricing in up to six interest rate cuts from the Fed in 2024, […]
Not Just Bitcoin: Gold’s Price Dropped 4% in Hours After Fed’s Latest Rate Cuts Comments – CryptoPotato

Cryptocurrency markets are known for, and criticized (by some), for their volatility, and a case in point is the sharp drop in prices over the past 12 hours or so, leaving behind nearly $1 billion in liquidations. . Bitcoin was one of the least affected assets, with its price falling from about $71,000 to about […]
Wells Fargo kicks off our bank earnings Friday. Rate cuts and dealmaking will be in focus this season – CNBC

What a difference a year makes! The club that owns Wells Fargo will report its quarterly results on Friday, and another financial holding, Morgan Stanley, will report on Tuesday. The industry’s first-quarter results will be against a more favorable backdrop than last year, when the collapse of Silicon Valley Bank in March 2023 sent shockwaves […]