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Jerome Powell · United StatesInflation accelerated in August, according to data released Thursday by the Labor Department, complicating the Federal Reserve's efforts to balance interest rates amid intense political and economic pressure. The consumer price index (CPI) rose 0.4 percent last month, up from a monthly gain of 0.2 percent in July, and 2.9 percent over the past 12 months. The numbers were in line with the expectations of economists. The new inflation data comes l…See the Story
Inflation Heats up as Fed Faces Pressure From Trump, Labor Market to Cut Rates
44% Center coverage: 39 sources
Cryptocurrency · United StatesThe Avalanche (CRYPTO: AVAX) Foundation, a non-profit organization dedicated to advancing the namesake blockchain, plans to establish two cryptocurrency treasury companies in the U.S., according to a report published Wednesday. An AVAX Treasury Worth A Billion? The Foundation is in the final stages of discussions with investors to launch a digital asset treasury company and transform another into a similar entity, reported the Financial Times, c…See the Story
Anthony Scaramucci-Supported Avalanche Network Reportedly Raising $1 Billion For AVAX-Focused Crypto Treasury
100% Center coverage: 2 sources
Bitcoin · United StatesFidelity’s Solana ETF, Canary’s HBAR ETF, and Canary’s XRP ETF were listed on the DTCC website. Experts confirm the decision on ETF approvals lies with the U.S. Securities and Exchange Commission and DTCC listing does not indicate regulatory approval. DTCC Lists Fidelity’s Solana ETF, Canary’s HBAR and XRP ETFs Three crypto ETFs appeared on the The post XRP, Solana, HBAR ETFs by Fidelity and Canary Gain DTCC Listing appeared first on CoinGape.See the Story
