Import prices in the U.S. jumped by more than expected in the month of January, according to a report released by the Labor Department on Friday, while export price growth also exceeded estimates. The Labor Department said import prices surged Read More →

Bank of America has emerged as the company that has the most cryptocurrency patents in the world. The second-largest bank in the U.S. has so far applied for or received 45 patents for blockchain, the ledger technology used for verifying Read More →

After reporting a steep drop in new residential construction in the previous month, the Commerce Department released a report on Friday showing housing starts in the U.S. rebounded by much more than anticipated in the month of January. The Commerce Read More →

Despite recent volatility on Wall Street, the University of Michigan released a report on Friday unexpectedly showing a significant improvement in U.S. consumer sentiment in the month of February. The preliminary reading on the consumer sentiment index for February came Read More →

Homebuilder confidence in the U.S. remained at a healthy level in the month of February, according to a report released by the National Association of Home Builders on Thursday. The report said the NAHB/Wells Fargo Housing Market Index came in Read More →

Charlie Munger, a billionaire investor who was also a longtime deputy to Warren Buffett, has called on the US Government to destroy Bitcoin because it is a "noxious poison." The Chairman of the Daily Journal Corporation was highly critical of Read More →