The Federal Reserve is considering a new idea: a "skinny" account for crypto firms. This account would give them limited access to the Fed's payment system. It's not the full deal, but it's a step forward. This idea comes from Christopher Waller, a Fed governor. He thinks it could help stablecoin c
Young tech graduates are finding it tough to land jobs. The Federal Reserve has been cutting interest rates to boost hiring, but this might not help much. Companies are holding back on hiring due to uncertainty about future costs and the impact of AI on jobs. AI is changing the game for entry-level
The stock market is on a roll, with the S&P 500, Dow Jones, and Nasdaq all pushing towards new highs. This surge comes after a recent report showed inflation isn't as bad as some feared. Lower inflation is good news for everyday folks struggling with high prices. It's also a green light for the Fede
The crypto world is buzzing with activity, and it's not just Bitcoin leading the charge. Other digital currencies like Ethereum, XRP, and even Dogecoin are seeing significant gains. This surge comes after the Federal Reserve cut interest rates, and new investment funds focused on these alternative c
The job market has been on a downward slope lately. Gary Cohn, who used to be a big shot in Trump's economic team and now works at IBM, spoke about this on a Sunday news show. He said the job market has been getting worse, but it might just be a temporary thing. The Federal Reserve, which is like t
Dogecoin, the popular meme coin, is currently trading around 26 cents. Its price movement is being closely watched as traders anticipate the Federal Reserve's upcoming interest rate decision. This decision is expected to have a significant impact on the cryptocurrency market, including Dogecoin. A
Crypto investors are feeling hopeful as Dogecoin and Solana show strong gains, defying the usual September slump. The Altcoin Season Index hit 80 points, its highest in 2025, while the Crypto Fear and Greed Index rose to 53, showing growing confidence. On Wall Street, the S&P 500 and Nasdaq hit rec
The Federal Reserve faces a tricky situation. Inflation is rising, and the job market is weakening. This puts the Fed in a tough spot as it prepares to cut interest rates. Inflation went up by 2. 9% in August compared to last year. This is the biggest jump since January. Even without food and energ
A federal judge has stepped in to stop President Trump from removing Federal Reserve Governor Lisa Cook. Judge Jia Cobb ruled that Cook should stay in her position while the legal battle continues. This decision came just before the Federal Reserve's important meeting scheduled for September 16. Th
Inflation is still on the rise, but not by much. The latest numbers show prices went up by 2. 6% over the past year. That's not great, but it's not terrible either. It's the same as last month, so at least it's not getting worse fast. The core PCE, which looks at prices without food and fuel, went
