U.S. inflation

Editor’s note: This article was updated to add more details and context. U.S. economic activity expanded at an annualized rate of 2% in the first quarter, according to the advance estimate released Thursday. The reading marked an acceleration from the prior 0.5% pace but came in below...

The conflict in Iran could potentially trigger a surge in inflation and a slowdown in the U.S. economy, cautioned Chicago Federal Reserve Bank President Austan Goolsbee. Goolsbee voiced his concerns at the Detroit Economic Club on Tuesday and noted that the war has already led to a spike...

Matrixport, a crypto service provider overseeing over $3 billion in assets, is out with its latest call on Bitcoin (CRYPTO: BTC) following its decline in August. The company sees potential in purchasing during this downturn but emphasizes the importance of a strict stop loss. On Aug. 15,...