Economics
Why Americans Are Losing Faith in the Economy
Consumer confidence in the U.S. has dropped sharply in June, reflecting growing concerns over high prices, weakening incomes, and a disconnect between Federal Reserve projections a…
3 min read
Economics
Macro, money, and the forces reshaping the financial system. The stories behind the headlines.
1,003 posts
Economics
Australian Securities Exchange Approves First Spot Bitcoin ETF by VanEck
The Australian Securities Exchange (ASX) has approved its first spot Bitcoin ETF by VanEck, set to launch on June 20.
1 min read
Economics
Biden Eyes SPR Release to Curb Gas Prices
Joe Biden's administration is considering releasing more oil from the Strategic Petroleum Reserve to curb rising fuel costs.
1 min read
Economics
How Bidenomics Is Crushing Generation Z
Bidenomics is hitting Gen Z hard, with young Americans increasingly maxing out credit cards as necessities like food and rent skyrocket.
3 min read
Economics
US-Listed Bitcoin Miners Hit Record Market Cap of $22.8B
A JPMorgan report reveals that U.S.-listed Bitcoin mining companies have reached a record market capitalization of $22.8 billion as of mid-June.
2 min read
Economics
Gold Overtakes Euro as World's #2 Reserve Asset
Gold has ascended to become the world's second most held reserve asset, trailing only behind the US dollar.
2 min read
Economics
Ten31 Timestamp 848,024
A news wrap of everything that happened in bitcoin and markets this week.
5 min read
Economics
Inflation, Wage Stagnation, and the Real State of US Employment
Recent discussions about the US economy highlight conflicting interpretations of labor market data, with inflation and wage stagnation casting doubt on the perceived robustness of…
3 min read
Economics
MicroStrategy Increases Convertible Note Offering to $700 Million to Purchase More Bitcoin
MicroStrategy increased its convertible note offering from $500 million to $700 million to purchase more Bitcoin.
1 min read
Economics
American Consumers Hit a Wall
American consumers are facing a financial wall as incomes stagnate, savings deplete, and debt levels hit record highs.
3 min read
Economics
Fed Holds Steady on Rates, Economic Outlook 'Uncertain'
The Federal Reserve has kept its benchmark interest rate unchanged at 5.25%-5.50% for the seventh consecutive meeting.
1 min read
Economics
New CPI Data Released, Consumer Prices Rise 3.3% Year-Over-Year
The latest Consumer Price Index data shows a 3.3% year-over-year rise in consumer prices for May, indicating a slight slowdown in inflation.
2 min read
Economics
Riot Acquires 13.1% of Bitfarms with $111M Investment
Riot Platforms has invested $111 million to acquire a 13.1% stake in Bitfarms, sparking a corporate governance battle and the implementation of a "poison pill" defense by Bitfarms'…
1 min read
Economics
Financial Crisis Hits 65% of Middle-Class Americans
A recent survey reveals that 65% of middle-class Americans are experiencing financial distress, struggling to meet their obligations and lacking optimism for improvement.
2 min read
Economics
Your Money Problems Are Imaginary, The White House Claims. The Facts Say Otherwise.
Despite Biden's claims that Americans are financially thriving, millions struggle with soaring costs for necessities like food, rent, and car payments.
3 min read
Economics
The Hidden Time Bomb in Today’s Housing Market
Despite bullish sentiments, the hidden costs of homeownership—averaging an additional $18,000 per year—pose significant financial risks.
2 min read
Economics
China's Dexin Ordered to Liquidate Amid Developer Crisis
Dexin was ordered to liquidate by a Hong Kong court amid a downturn in China's property market.
1 min read
Economics
Elizabeth Warren Urges the Fed to Cut Interest Rates
Senators Elizabeth Warren, Jacky Rosen, and John Hickenlooper are urging the Federal Reserve to cut interest rates, warning that prolonged high rates threaten economic growth and j…
1 min read
Economics
Metaplanet Announces $1.6M Bitcoin Purchase, Shares Surge 10%
Metaplanet's $1.6 million Bitcoin purchase boosts its total holdings to 141 BTC and triggers a nearly 10% surge in its stock price.
1 min read
Economics
300K Jobs Vanish in One Month
The U.S. labor market faces a severe downturn with 300,000 job openings lost in a month, highlighting a troubling trend.
2 min read
The Commoner
Truth for the Commoner, every weekday. Money, machines, and the people trying to control both.
Independent writing by Marty Bent at TFTC since 2017. Money, markets, AI, energy and privacy, delivered free to your inbox.
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