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Rise of the Machines: African Students Fear AI Will Steal Their Jobs

[Nov 16 9:30 PM] African university students are concerned about the impact of AI on job prospects, while experts argue for a balanced approach that embraces technology while mitigating its potential negative effects. Job Preservation vs. Development: The AI…

Former Commerce Secretary Warns US Headed for Recession

[Sep 16 3:30 AM] Former Commerce Secretary Wilbur Ross has warned of an impending U.S. recession due to the lingering effects of pandemic-related stimulus. While Wall Street maintains a more optimistic outlook, citing strong GDP and low unemployment, Ross argues…

Russian Economy Sees Growth Despite Western Sanctions and Declining Imports

[Sep 2 1:30 AM] The Russian economy has experienced substantial growth across various sectors, with unemployment rates remaining historically low, despite ongoing Western sanctions related to the Ukraine conflict. Industrial production, driven by military…

Markets in Freefall: US Stocks Plummet and Crypto Crashes After Shocking Jobs Report

[Aug 3 12:23 AM] Following a heinous jobs report, questions are arising about whether the United States will experience a soft landing or if a full-fledged recession is on the horizon. All five major U.S. stock market indices saw notable declines on Friday, and the…

How US job market slump could boost Bitcoin prices

[Jul 5 7:40 AM] Bitcoin could rise due to a weaker job market, but Bitcoin ETFs are on track to their third consecutive week of net negative outflows.

Google says no 'straight line' between generative AI and unemployment — for now

[Apr 29 6:26 AM] A new study published by Google highlighted the economic repercussions of generative AI and its probable influence on employment trends and workforce dynamics.

U.S. October Jobs Up 150K, Missing Forecasts for 180K; Bitcoin Remains Lower at $34.3K

[Nov 3, 2023 6:42 AM] Interest rates have fallen sharply this week across the U.S. yield curve, in part as traders place bets the Fed is finished tightening monetary policy.

Bitcoin, Ethereum Technical Analysis: BTC Consolidates on Saturday, Despite Recent Bullish Signals 

[Jun 3, 2023 5:30 AM] Bitcoin started the weekend in the red, as markets continued to digest the latest nonfarm payrolls in the United States. Despite payrolls coming in better than expected, the unemployment rate also rose, hitting 3.7%, which is its highest point…

Bitcoin ignores US jobs data as BTC price dip puts $28K support at risk

[Apr 20, 2023 8:38 AM] Eyes are on $28,000 support to hold in the event of continued downside, but Binance order book data warns that even this may be "rugged."

Bitcoin holds $30K, but some pro traders are skeptical about BTC price continuation

[Apr 11, 2023 12:30 PM] BTC traders are cautiously optimistic due to Bitcoin traditional assets, but there are still some macro headwinds to be aware of.

‘Dr. Doom’ Nouriel Roubini Warns of Looming Banking Crisis and Trilemma for Central Banks

[Apr 2, 2023 9:30 PM] Economist Nouriel Roubini has shared his opinion about bank problems in the United States in a recently published opinion editorial. In the article, Roubini insists that “most U.S. banks are technically near insolvency, and hundreds are…

Market Strategist Michael Wilkerson Believes US Inflation Could Rise to 12% by Year-End Despite Predictions of Decrease

[Feb 26, 2023 1:30 PM] While several market strategists and analysts expect U.S. inflation to drop considerably in 2023 compared with last year, Michael Wilkerson, founder of Stormwall Advisors, thinks the inflation rate could climb as high as 12% by the end of this…

$20K Bitcoin may return, says analyst as US unemployment hits 54-year low

[Feb 3, 2023 8:40 AM] Bitcoin buyers may get a chance to “load up” below $22,000 on the back of employment statistics.