Monthly archive September, 2018

In a widely expected move, the Federal Reserve announced its decision to raise interest rates by 25 basis points on Wednesday. The Fed decided to raise the target range for the federal funds rate to 2 to 2.25 percent, citing Read More →

The Asian Development Bank maintained its developing Asia growth outlook for this year, but trimmed its projection for next year on escalating trade tensions, underscoring the importance of bolstering trade ties among Asian economies. The lender said growth remains stable Read More →

Bitcoin and its peers are trading lower Tuesday morning, extending the trend from a day earlier. In some main news, the trustee in charge of liquidating cryptocurrencies from the defunct Mt. Gox exchange, confirmed on Tuesday that a total $230 Read More →

Indicating the U.S. economy will continue expanding through 2018, the Conference Board released a report on Thursday showing a continued increase by its index of leading economic indicators in the month of August. The Conference Board said its leading economic Read More →

Bitcoin and its peers rebounded Thursday and were trading with gains, amid a broad improvement in market conditions. Overall cryptocurrency market capitalization recovered to above $200 billion. As of 10.50 am ET, cryptocurrency market cap was $203. 42 billion and Read More →