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Bitcoin's value dipped slightly on Wednesday afternoon, according to tracking service Coindesk, paring 12 months of gains that had taken its value to $14,855 as both the Chicago Mercantile Exchange and the CBOE Futures Exchange offered futures contracts in it. (AP Photo/Eric Gay)
Economy

Price of bitcoin continues to outperform stocks and basically any other asset

Zach Halaschak -
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Unemployment at lowest level since 1969 as economy smashes expectations
Business

Unemployment at lowest level since 1969 as economy smashes expectations

Zach Halaschak -
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India’s Prime Minister Narendra Modi and President Biden, June 2023.
Business

Used car prices falling after pandemic spike, but the road ahead is uncertain

Zach Halaschak -
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White House press secretary Karine Jean-Pierre pointed to Friday's July jobs report as evidence that the United States is experiencing an economic
White House

WATCH LIVE: White House holds briefing on interest rates following search of Biden’s Delaware home

Rachel Schilke -
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Federal Reserve Chairman Jerome Powell speaks at a meeting of the Economic Club of New York, Thursday, Oct. 19, 2023, in New York.
Economy

Fed slows its rate-hiking campaign even more as inflation starts to abate

Zach Halaschak -
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Has the Fed gone too far? Maybe
Beltway Confidential

Has the Fed gone too far? Maybe

Bruce Yandle -
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Mortgage loan application volume decreased by 6.5% last week when compared to the week before. The volume of refinances dropped by 6% during that same time and is 75% lower than this time last year, according to the group’s research.

Huge hit to home prices in west in 2023, Goldman warns: Phoenix, SF, Seattle

Zach Halaschak -
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Federal Reserve Board Chair Jerome Powell speaks during a news conference at the Federal Reserve, Wednesday, May 4, 2022, in Washington. The Federal Reserve intensified its drive to curb the worst inflation in 40 years by raising its benchmark short-term interest rate by a sizable half-percentage point.
News

Mounting evidence of inflation slowdown means Fed set to ease off the brakes

Zach Halaschak -
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Food stamp fight stalls critical farm bill: Agriculture programs in danger of lapsing as new work requirements make for a tough sell

Inflation dropped to 5% in December, according to key gauge watched by Fed

Zach Halaschak -
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Home sale signs are posted along Topanga Canyon road in Los Angeles, on Thursday, Oct. 19, 2023. Sales of previously occupied U.S. homes in September fell for the fourth month in a row, grinding to their slowest pace in more than a decade as prospective homebuyers grapple with surging mortgage rates and a near historic-low level of properties on the market.
News

New home sales unexpectedly rise in December as mortgage rates soften

Zach Halaschak -
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