News with the tag "gdp growth"

U.S. GDP Growth Surpasses Forecasts in Q3 2024 The U.S. economy continues to demonstrate resilience as the Bureau of Economic Analysis (BEA) reported a 3.1% increase in GDP for the third quarter of 2024. This final estimate outpaces the market’s anticipated 2.8% growth rate, reflecting stronger-than...

Despite recent positive economic indicators, investor and macroeconomics expert George Gammon foresees a hard landing for the U.S. economy. In an interview with Michelle Makori of Kitco News, Gammon pointed to several warning signs in the banking sector and the broader financial landscape. Banks See...

The recent US GDP data has cast a shadow on the Federal Reserve’s anticipated rate cut in September. With the Gross Domestic Product rising to 2.8% in Q2 from 1.4% in Q1, market sentiments appear to be shifting. This unexpected economic resilience has led to a reconsideration of the central bank’s p...

The crypto market is bracing for a crucial week with a flurry of economic releases and other events in focus. It is anticipated that the upcoming week and the key events will set the future stage for the crypto market. so, let’s take a quick tour of the key events for the week, and see The post Cryp...

The Bitcoin price has witnessed volatile trading today, with the crypto market waiting for the U.S. GDP and job data. Notably, the advanced estimate GDP data came below the market expectations, dampening the sentiment of the investors. Having said that, the market was eagerly awaiting the U.S. GDP a...

The Bitcoin price has witnessed volatile trading today, with the crypto market waiting for the U.S. GDP data. Notably, the advanced estimate GDP data came below the market expectations, dampening the sentiment of the investors. Having said that, the market was eagerly awaiting the U.S. GDP data toda...

The last week has taken the crypto market by storm, with one of the most anticipated U.S. Spot Ethereum ETFs receiving a regulatory nod from the SEC. Notably, Bitcoin along with most of the altcoins rallied last week amid the growing optimism. However, some volatility has been witnessed, mainly due ...

Bitcoin and the broader financial markets faced a downturn as the United States’ Gross Domestic Product (GDP) revealed sluggish growth in the first quarter of 2024, casting a shadow on investor confidence. With the first quarter GDP figures falling short of expectations at a 1.6% annualized pace, co...

As quoted by Ennahar TV, Algerian president Abdelmadjid Tebboune has signaled that Algeria — Africa’s largest nation — is eager to align itself with the BRICS coalition. He conveyed that this significant alignment with the five major emerging economies could potentially unlock unprecedented economic...