Cointime

Download App
iOS & Android

Fed's Musalem: No Clear Impact of War on Consumption Detected Yet

On April 16, Fed's Musalem stated that as economic growth slows, the unemployment rate may rise, but the increase may only be a few tenths of a percentage point. Currently, no clear impact of the war on consumption has been detected.

Comments

All Comments

Recommended for you

  • New York State Sues Polymarket for Operating Illegal Gambling Business

    On September 24, New York State filed a lawsuit against Polymarket for operating an illegal gambling business.
  • U.S. Stock Indices Open Lower, Oracle Falls 5%

    U.S. stock indices opened lower, with the Dow Jones Industrial Average down 0.31%, the S&P 500 down 0.49%, and the Nasdaq Composite down 0.74%. Most popular stocks declined, with Nvidia down 1.24%, Apple down 0.08%, Google-A down 0.26%, Microsoft down 1.46%, Amazon down 1.11%, TSMC down 1.23%, SpaceX down 1.06%, Meta up 0.95%, Broadcom down 1.6%, Tesla down 0.8%, SK Hynix down 1.93%, Micron Technology down 1.8%, AMD down 1.55%, ASML down 2.24%, Intel down 2%, Cisco down 1.13%, Oracle down 5.36%, ARM down 3.93%, Dell Technologies-C down 3.06%, and SanDisk down 1.8%.
  • BTC Surpasses $84,000

    Market data shows that BTC has surpassed $84,000, currently priced at $84,008, with a 24-hour decline of 1.88%. The market is experiencing significant volatility, so please ensure proper risk management.
  • Google, OpenAI, and Anthropic Forming AI Safety Organization

    According to The Information, Google, OpenAI, and Anthropic are forming an AI safety organization. The new organization, tentatively named the 'Frontier AI Safety Institute,' aims to establish independent operational standards to fill the regulatory gap left by government oversight. Google, Anthropic, and OpenAI have approached Sriram Krishnan to invite him to serve as the CEO of this AI safety organization.
  • RockawayX Launches $150 Million Catapult Program to Bring Private Credit On-Chain

    Digital asset investment firm RockawayX is investing $150 million to bring more private credit and other yield-generating assets on-chain. The company is launching the Catapult program, which will provide venture capital, product structuring, liquidity, market making, and distribution for tokenized credit products. Catapult will focus on areas such as trade and supply chain finance, specialty asset-backed securities, CLOs, and real estate-related credit. RockawayX stated that the benefit of placing illiquid assets on-chain is that market makers can create exit opportunities even when the redemption period for the underlying investments is long. RockawayX's business encompasses multiple aspects of the cryptocurrency investment space. The company operates a venture capital fund focused on early-stage investments, a market-neutral fund providing liquidity for DeFi protocols, and a treasury business with a scale of approximately $300 million. Additionally, the company acquired the cryptocurrency hedge fund Relayer in August.
  • Initial Jobless Claims in the U.S. Last Week Totaled 197,000

    On September 24, the number of initial jobless claims in the U.S. last week was 197,000, compared to an estimate of 200,000.
  • Stablecoin Infrastructure Company HIFI Completes $37 Million Series A Financing

    Stablecoin infrastructure company HIFI has completed a $37 million Series A financing round, led by Left Lane Capital, with specific valuation details yet to be disclosed. The funding will be used to expand stablecoin payment products and tokenized capital market infrastructure. HIFI currently supports the flow of funds between the US dollar and stablecoins, facilitates payments through the US banking system and credit cards, and provides USD cash settlement services for tokenized repurchase agreements and US Treasury transactions.
  • BTC Falls Below $83,000

    Market data shows that BTC has fallen below $83,000, currently priced at $82,977.01, with a 24-hour decline of 3.36%. The market is experiencing significant volatility; please ensure proper risk management.