Is the pressure off? Inflation likely to die down in February, but don’t get used to it

U.S. trade fights could add to inflation later on if they get worse Inflation is rising in the U.S., but it’s stilling falling short of the Federal Reserve’s 2% annual target. A fistful of trade fights under President Trump is worrying the heck out of Wall Street, but investors are still anxious about the threat Read more about Is the pressure off? Inflation likely to die down in February, but don’t get used to it[…]

Most Asia markets ease as trade concerns simmer

Most Asian markets traded moderately lower on the last day of the trading week amid a backdrop of global trade-related developments and political news out of Washington. In Tokyo, the Nikkei 225 gave up earlier gains to slip 0.66 percent and the broader Topix was off by 0.47 percent. Among major sectors, automakers came under pressure while Read more about Most Asia markets ease as trade concerns simmer[…]

Bad news for bitcoin miners: It’s no longer profitable to create the cryptocurrency, by one estimate

It’s no longer profitable to mine bitcoin, by some estimates   Bitcoin has dropped to a point where it’s not that profitable to produce, according to some estimates. “Bitcoin currently trades essentially at the break-even cost of mining a bitcoin, currently at $8,038 based on a mining model developed by our data science team,” Fundstrat’s Thomas Lee Read more about Bad news for bitcoin miners: It’s no longer profitable to create the cryptocurrency, by one estimate[…]