Economy
US Added 266,000 Jobs in April, Missing Estimates for 1M Gain
The unemployment rate edged up to 6.1% from 6%.
A Year After Coronavirus Meltdown, Few Investors See Risk of Deflation: Deutsche Bank
Inflation remains a key focus, according to a survey of global investors, although risk of a "Fed taper" appears low.
Stimulus, Economy and the Impact on Bitcoin and Crypto
The U.S. Congress is set to approve a $1.9 trillion COVID-19 relief plan. “The Hash” panel discusses the forthcoming stimulus’ impact on the crypto market.
US Inflation Rate Accelerates in February, Could Go Higher as Economy Reheats
The 12-month rate represents an acceleration from January's 1.4% clip, a pickup partly driven by higher gasoline price.
Inflation Rate, Closely Tracked by Bitcoin Traders, Probably Accelerated in February
The CPI for February probably rose 1.7%, accelerating from the January pace of 1.4%, based on economists' projections.
How Bitcoin Could Be Affected by February’s Positive Jobs Report
Treasury yields are up with job numbers topping economist expectations. What does it mean for high-risk assets like bitcoin?
Biden's $1.9T Stimulus is Coming. How Will This Impact Crypto Markets?
President Biden's $1.9T COVID relief is expected to pass the U.S. Congress next week, but what does that mean for the crypto markets? Brad Keoun, CoinDesk managing editor of markets weighs in. Plus, tech editor Christie Harkin gives her take on artist CryptoGraffiti, who is giving away $10K in BTC to whoever can solve a puzzle hidden in his billboard art.
Key Takeaways From Powell’s Testimony to Congress and Implications for the Crypto Industry
Jerome Powell speaks at a House Financial Services Committee hearing today as he continues his semi-annual testimony before Congress. As CoinDesk Managing Editor, Global Policy & Regulation Nikhilesh De reports, at the Senate Banking Committee hearing yesterday Powell addressed questions about inflation, economic inequality and the digital dollar.
US President Biden: ‘I’m Not Cutting the Size of the Checks’ for Fiscal Relief
The comments came after reports the White House was considering reducing the size of its proposed stimulus package.
