International Economic
US CPI rises as expected in February, despite surge in energy prices
The cost of living in the US increased as expected last month, despite a surge in energy prices, but nevertheless climbed at their quickest pace for 40 years.
US initial jobless claims increase by 11,000
The number of Americans filing new unemployment claims jumped 11,000 to 227,000 in the week ended 5 March, up from an upwardly revised print of 216,000 in the previous weed and ahead of market expectations for a reading of 217,000.
Goldman Sachs to wind-down and exit Russia operations
Goldman Sachs became the first major Wall Street bank to pull out of Russia on Thursday, in response to the country’s violent and unprovoked invasion of Ukraine.
ECB surprises, speeds up QE exit
The European Central Bank surprised financial markets, announcing a quicker wind down of its asset purchases, even as it described the Russian invasion of Ukraine as a watershed for Europe.
Ceasefire talks between Ukraine and Russia stall
Talks between Ukraine and Russia have failed to make progress, the Ukrainian foreign minister told reporters on Thursday.
Why is the Bitcoin rally slowing down despite Biden's praised order on cryptos and the digital dollar?
Bitcoin returns to falls on Thursday, after Wednesday's rally that took the queen of digital assets to highs near $42,500. The rest of the market also followed in the footsteps of the most traded of the electronic currencies and bulky gains were seen for some tokens, such as Terra or Avalanche. However, today they are dyed in red and are down 5% on average. Ethereum, which marked highs in the vicinity of $ 2,800 also corrects and the total capitalization settles at $ 1.