Crypto flagship Bitcoin recorded an average daily trading volume of $22.52 bln in the past month, while Apple stock stood at least two times lower at $10.14 bln, marking a percentage difference
By Craig Erlam The Bank of England may be much closer to cutting interest rates than it admitted last week, when three policymakers thought it still appropriate to hike again. Inflation data
The worldwide internet population has grown by 189 mln, or 3.7% year-over-year, reaching an impressive 5.3 bln in October. That means over 65% of the world’s population has internet access. However, the
Americans own 714 mln, or nearly one-third of all Mastercard and Visa credit cards worldwide according to data presented by AltIndex.com. As of Q3 2023, there were nearly 2.4 bln Visa and
By Craig Erlam Not the most thrilling start to the week, but that’s to be expected given the number of major events over the last few sessions and the absence of anything
Financial technology is undergoing rapid and transformative changes with the key drivers being the rise of cryptos, greater use of AI, cybersecurity and mobile payments. As we look ahead to 2024, several
After extensive deliberations and preparations spanning several weeks, Israel has approved the establishment of a humanitarian aid corridor between Cyprus and Gaza, marking the launch of the first mission of the government’s
By Justin Begley, Moody’s Analytics Despite a resilient U.S. economy, the mood on Main Street continues to be dour. In November, the NFIB’s small business optimism index ticked down slightly to 90.6
By Moody’s Analytics The December meeting of the Federal Open Market Committee was the most dovish since the post-pandemic tightening cycle began. The fed funds rate, as anticipated, was held unchanged. Wednesday’s
By Nick Kochan Western law enforcement agencies are closing the loopholes in sanctions policies in a bid to ratchet up the pressure on anyone seeking to circumvent sanctions on Russia. A period
