Financial News

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Frax Introduces sFRAX Staking Vault in Response to Federal Reserve’s Interest Rate Hike

Frax Introduces sFRAX Staking Vault in Response to Federal Reserve’s Interest Rate Hike

  In a strategic response to the highest Federal Reserve interest rates seen in 22 years, FRAX has unveiled sFRAX,…
Factbox-Top issues in Detroit Three’s negotiations with UAW

Factbox-Top issues in Detroit Three’s negotiations with UAW

FILE PHOTO: Striking UAW workers picket outside a Stellantis facility in Center Line, Michigan, U.S., September 22, 2023. REUTERS/Dieu-Nalio Chery/File…
Italian companies see bleaker economic outlook-central bank survey

Italian companies see bleaker economic outlook-central bank survey

FILE PHOTO: A view shows Milan’s skyline during sunset in Milan, Italy, July 6, 2023. REUTERS/Claudia Greco/File Photo   MILAN…
Drop in euro zone investor mood slows in October – survey

Drop in euro zone investor mood slows in October – survey

FILE PHOTO: A view shows the European Central Bank (ECB) building, on the day of the monthly news conference following…
German industrial output falls in August, spurring recession fears

German industrial output falls in August, spurring recession fears

FILE PHOTO: A steel worker of ThyssenKrupp stands amid sparks of raw iron coming from a blast furnace at a…
China forex reserves fall to $3.115 trln in September

China forex reserves fall to $3.115 trln in September

A bank employee count China’s renminbi (RMB) or yuan notes next to U.S. dollar notes at a Kasikornbank in Bangkok,…
US restaurant employment recovers to pre-pandemic levels

US restaurant employment recovers to pre-pandemic levels

FILE PHOTO: A Chipotle restaurant advertises it is hiring in Cambridge, Massachusetts, U.S., August 28, 2023. REUTERS/Brian Snyder/File Photo By…
BlackRock anticipates further U.S. bond market turbulence amid inflation and debt crisis fears

BlackRock anticipates further U.S. bond market turbulence amid inflation and debt crisis fears

  Investment experts at BlackRock (NYSE:BLK) reported a significant sell-off in the US bond market, marking an acceleration in bond…
IMF projects economic growth for Ghana and UAE in 2024

IMF projects economic growth for Ghana and UAE in 2024

The International Monetary Fund (IMF) has announced its economic growth projections for 2024, spotlighting both Ghana and the United Arab…
Sub-Saharan Africa’s growth outlook dims amid debt crisis and global pressures

Sub-Saharan Africa’s growth outlook dims amid debt crisis and global pressures

The International Monetary Fund (IMF) has revised Sub-Saharan Africa’s growth forecasts downwards due to mounting global and regional pressures. The…
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