US economy

Latest US economy news, price updates, and AI-powered insights from bpaynews.com. Stay informed on global crypto trends.

Arthur Hayes Predicts US Credit Expansion Will Boost Bitcoin Price

Arthur Hayes Predicts US Credit Expansion Will Boost Bitcoin Price

Arthur Hayes forecasts that the United States will see increased credit expansion, which he believes will lead to greater liquidity and subsequently raise Bitcoin prices. Hayes suggests that the current economic environment is conducive to this expansion, which could enhance the overall financial landscape. He emphasizes the relationship between liquidity and asset prices, particularly in […]

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Trump’s Mild Speech Boosts Cryptocurrency and US Stock Index Futures

Trump’s Mild Speech Boosts Cryptocurrency and US Stock Index Futures

In the wake of a mild speech delivered by Trump, there has been a notable rebound in the cryptocurrency market, alongside a positive response from the three major stock index futures in the United States. This development is significant as it reflects the market’s sensitivity to political discourse and the potential influence of leadership communication

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US ISM Non-Manufacturing PMI Falls Short of Expectations in September

US ISM Non-Manufacturing PMI Falls Short of Expectations in September

In September, the US ISM Non-Manufacturing Purchasing Managers’ Index (PMI) registered at 50, a figure that fell below market expectations and raised concerns about the health of the services sector. The PMI is a critical economic indicator that reflects the prevailing economic conditions in the non-manufacturing sector, which includes industries such as retail, healthcare, and

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US Services PMI for September Surpasses Expectations at 54.2

US Services PMI for September Surpasses Expectations at 54.2

The final reading of the US Markit Services Purchasing Managers’ Index (PMI) for September has been released, showing a robust figure of 54.2. This result not only reflects a healthy expansion in the services sector but also exceeds analysts’ expectations, which had predicted a lower reading. The PMI is a critical economic indicator that gauges

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US Government Shutdown Nears: How Economic Data Could Shake Markets

US Government Shutdown Nears: How Economic Data Could Shake Markets

As the U.S. government edges closer to a shutdown, concerns are rising among investors and economists about potential market volatility. A government shutdown occurs when Congress fails to pass funding legislation, forcing non-essential federal operations to halt. This situation not only affects government employees but also ripples through the economy, influencing consumer confidence and spending.

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