US economy delivers stronger‑than‑expected June jobs growth, adding 147,000 positions, prompting markets to dial back rate‑cut expectations Lead ParagraphIn June 2025, the U.S. economy exceeded forecasts by creating 147,000 non‑farm payrolls—far above the expected 110,000—while the unemployment rate eased from 4.2 % to 4.1 %. The resilient labor market has triggered a reassessment among investors, pushing the…
In June 2025, inflation across the euro area climbed back to 2.0 percent, aligning with the European Central Bank’s (ECB) medium‑term goal. This figure marks a modest increase from May’s 1.9 percent and reinforces the narrative that the era of runaway inflation may have officially ended. 📈 What the Numbers Reveal 🔍 Drivers Behind the Shift 🏦…
Federal Reserve Chair Jerome “Jay” Powell signaled today that he intends to resist growing pressure to initiate interest rate cuts at the Fed’s next policy meeting in July, setting the stage for a deeper division within the Fed and renewed friction with President Trump. 🛑 Powell Floors Calls for Early Cuts In testimony before the…
The Global Reporting Initiative (GRI) announced the launch of its new Sustainability Taxonomy, offering a machine-readable version of its GRI standards, aimed at facilitating faster data collection and submission of sustainability disclosures, and enhanced interoperability with other sustainability reporting standards. GRI Sustainability Reporting Standards are one of the most commonly accepted global standards for sustainability…
Bloomberg Intelligence senior commodity strategist Mike McGlone has warned that Bitcoin’s (BTC) weakening performance relative to gold could be signaling deeper trouble for U.S. equities and broader risk assets. In his bearish outlook, McGlone pointed to the falling Bitcoin-to-gold ratio as a potential “canary in the coal mine.” He emphasized that the 33x level on…
Singapore, Singapore, June 23rd, 2025, Chainwire Polemos, a Web3 gaming infrastructure platform, started the official Token Generation Event (TGE) for the $PLMS utility token. The TGE began at 5:00 AM UTC on June 23rd, 2025, marking a step in the platform’s development to integrate blockchain technology within the gaming sector. Now available on MEXC and…
Recently, the cryptocurrency market has continued to be under pressure, and Bitcoin and altcoins are generally facing a sell-off. Factors such as geopolitical tensions and increased market uncertainty have led to low investor sentiment. In such a market, how to find a low-risk, stable return crypto asset allocation method? ETHRANSACTION cloud mining platform provides you…
Christine Idzelis Christine Idzelis is a markets reporter at MarketWatch and is based in New York. Adblock test (Why?)
This week in ESG news: EU’s EFRAG set to reduce CSRD sustainability reporting datapoints by 50%; Australia launches sustainable finance taxonomy; U.S. SEC drops anti-greenwashing rules for funds; EU Commission to withdraw anti-greenwashing regulations; Amazon buys sustainable fuel for cargo flights; Goldman Sachs launches new sustainable bond funds; IFRS launches sustainability reporting education course; France…
The European Commission revealed on Friday that it plans to withdraw the Green Claims Directive just days prior to trilogue negotiations to finalize the proposed rules aimed at protecting consumers from greenwashing claims about the environmental attributes of products and services, following objections from lawmakers that brought its ability to be adopted into doubt. Following…
