The monthly rate of the leading indicator of the US Conference Board in December was -0.1%, expected to be 0%, and the previous value was 0.30%.
Elections for the Bundestag, the lower house of the German parliament, will be held next month. Recently, Musk, an American entrepreneur, wrote an article publicly supporting the Alternative for Germany party, which is regarded as the far right, and launched verbal attacks on German Chancellor Scholz and German President Steinmeier on social media. This has caused controversy in German political circles, and has triggered opposition and protests from many German politicians. Scholz did not name ...
The Conference Board Consumer Confidence Index for December was 104.7, compared with expectations of 113 and a previous value of 111.7.
The U.S. Conference Board Leading Indicator for November rose 0.3 percent in November, nearly reversing a 0.4 percent decline in October. The Leading Indicator declined 1.6 percent in the six-month period from May to November 2024, slightly less than the 1.9 percent decline in the previous six months (November 2023 to May 2024). Justyna Zabinska-La Monica, senior manager of business cycle indicators at the Conference Board, said U.S. economic indicators rose in November for the first time since ...
Cody Carbone, president of the Chamber of Digital Commerce, said he expects stablecoin legislation to be on President-elect Donald Trump's desk in 2025. The group detailed the use of stablecoins in a report released Tuesday morning titled "How Stablecoins Extend the Dominance of the Dollar" and pushed for the passage of a stablecoin bill as soon as possible to keep up with their growing use. Stablecoins are increasingly being used for cross-border savings and payments, the report said. The Digit...
The JOLTs job openings in the United States for September and the Consumer Confidence Index for October will be released in ten minutes.
The U.S. Conference Board Consumer Confidence Index for October was 108.7, with expectations of 99.5. The previous value was revised from 98.7 to 99.2.
The Conference Board Consumer Confidence Index in the United States recorded 108.7 in October, the highest since January 2024.
Irish Finance Minister Jack Chambers has told the Cabinet that emergency legislation will be drafted to update cryptocurrency regulations before the European Union law comes into force on December 30. No details were given about the new cryptocurrency legislation or when it will take effect. The European Union's Anti-Money Laundering and Combating the Financing of Terrorism Act, which will come into force in December, strengthens the powers of financial intelligence units to enable them to...
According to the new statement, the Chamber "fully supports" Crypto.com's legal action against the SEC, which is a necessary step toward achieving the regulatory transparency needed for the crypto industry to thrive in the United States, and Crypto.com case highlights the challenges posed when the SEC bypasses the formal rulemaking process rather than opting for enforcement actions that create uncertainty and impede innovation.
The U.S. Conference Board Consumer Confidence Index for August was 103.3, with expectations of 100.7. The previous value was revised from 100.3 to 101.9.
The Digital Chamber, a US digital asset advocate, has called on US lawmakers to vote in favor of the Bitcoin Reserve Bill recently introduced by Wyoming Senator Cynthia Lummis. On July 31, Loomis introduced the Innovation, Technology, and Competitiveness Through Optimizing National Investment Act of 2024 (or the Bitcoin Act of 2024), under which the US Treasury would establish a Bitcoin vault and buy 1 million Bitcoin within five years.
The US Conference Board Consumer Confidence Index for July was 100.3, expected to be 99.7, and the previous value was revised from 100.4 to 97.8.