Financial News

Lightning Network faces criticism from pro-XRP lawyer John Deaton

Lightning Network faces criticism from pro-XRP lawyer John Deaton

  Lawyer and cryptocurrency supporter John Deaton has criticized the Lightning Network, deeming it less effective than the “Spend The…
Bitcoin’s Cyclical Nature and Potential Correction Forecasted by Top Analysts

Bitcoin’s Cyclical Nature and Potential Correction Forecasted by Top Analysts

  In a recent development, Aaron Feuerstein discussed a report from Morgan Stanley that highlighted the cyclical nature of Bitcoin,…
Australia Sept employment misses forecasts, raising stakes for Q3 CPI report

Australia Sept employment misses forecasts, raising stakes for Q3 CPI report

An office worker casts a shadow as he climbs a set of steps in Sydney’s central business district in the…
Australian jobs grow less than expected in Sept as labor market cools

Australian jobs grow less than expected in Sept as labor market cools

  Investing.com— Australia’s jobs market grew less than expected in September, while the participation rate also unexpectedly fell as the…
Foreign holdings of US Treasuries in August hit highest since December 2021 -data

Foreign holdings of US Treasuries in August hit highest since December 2021 -data

FILE PHOTO: A bronze seal for the Department of the Treasury is shown at the U.S. Treasury building in Washington,…
US single-family starts rise; soaring mortgage rates a challenge

US single-family starts rise; soaring mortgage rates a challenge

By Lucia Mutikani WASHINGTON (Reuters) — U.S. single-family homebuilding rebounded in September, boosted by demand for new construction amid an…
US retirement savings concerns rise, financial plans prove crucial

US retirement savings concerns rise, financial plans prove crucial

  Concerns about retirement savings among Americans are escalating, according to recent surveys conducted by Goldman Sachs and Bankrate. The…
Canadian housing starts surpass expectations in September

Canadian housing starts surpass expectations in September

Canadian housing starts saw a significant increase in September, exceeding forecasts from TD Securities and demonstrating resilience despite higher interest…
Canadian housing starts jump 8% in September -CMHC

Canadian housing starts jump 8% in September -CMHC

TORONTO (Reuters) — Canadian housing starts unexpectedly rose in September, climbing 8% compared with the previous month, as groundbreaking increased…
China Sept industrial output rises 4.5% y/y, retail sales beat forecasts

China Sept industrial output rises 4.5% y/y, retail sales beat forecasts

FILE PHOTO: Robotic arms assemble cars in the production line for Leapmotor’s electric vehicles at a factory in Jinhua, Zhejiang…
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