Tag

Macroeconomy

All articles tagged with #macroeconomy

business1 month ago•7 min saved

Bitcoin Dips as Oil Rally Triggers Broad Market Selloff

Bitcoin hovered around $66,150, down about 1.7% in the last 24 hours, as oil surged above $100 a barrel and U.S. stock futures tumbled—Dow futures down more than 800 points and S&P 500/Nasdaq-100 futures around 1.5% lower—signaling renewed risk-off on fears of energy disruptions and geopolitical tensions. The move comes amid a volatile macro backdrop, with Bitcoin roughly flat to modestly higher on the week but weaker versus the month, underscoring how oil shocks and Middle East developments are weighing on risk assets.

via Decrypt|

#bitcoin #business #geopolitics

economy2 months ago•21 min saved

Immigration slowdown dampens U.S. growth forecasts for 2025–26

Brookings economists project 2025 net migration to be negative (roughly -295,000 to -10,000) and 2026 to remain negative or uncertain (-925,000 to +185,000), driven by slower new arrivals under stricter policy. The slower immigration slows labor-force growth, lowers breakeven job gains to about 20,000–50,000 per month in late 2025 and possibly negative in 2026, and dampens GDP and consumer spending by roughly 0.2–0.3 percentage points in 2025 and 0.1–0.3 points in 2026, with $40–$60 billion less consumer spending in 2025 and $10–$40 billion less in 2026. The projections hinge on multiple inflow/outflow components (green cards, temporary visas, refugees, parole/NTAs, entries without inspection) and contrast with other estimates like the CBO, underscoring substantial uncertainty amid ongoing policy shifts.

via Brookings|

#consumer-spending #economy #gdp

business1 year ago•1 min saved

Advance Auto Parts to Close Over 700 Stores Amid Declining Sales

Advance Auto Parts is closing over 700 stores across the U.S., including 523 corporate stores and 204 independent locations, as part of a strategic plan to improve business performance amid an uncertain macroeconomic climate. The company has also lowered its full-year outlook for the second consecutive quarter. This move is part of a broader trend in the retail sector, which has seen a significant increase in store closures this year due to economic pressures and changing consumer behavior.

via WRAL News|

#advanceautoparts #business #businessstrategy

cryptocurrency2 years ago•6 min saved

Bitcoin's Price Surge and Must-Watch Events for Traders

Bitcoin's price action continues to deliver on bulls' expectations after weeks of sideways trading, with $30,000 held into the weekly close and beyond. The macroeconomic climate is somewhat "standard" for the final week of June, offering some potential risk asset price catalysts but avoiding several major data releases at once. Bitcoin network fundamentals are cooling their own gains, with mining difficulty due to decrease at its upcoming readjustment on June 29. Meanwhile, Bitcoin is at the dawn of a "new speculation cycle," according to popular analyst Philip Swift, and crypto market sentiment appears to care significantly about the fate of the $30,000 price level.

via Cointelegraph|

#bitcoin #btc-price #cryptocurrency