Traders anticipate a deeper drop for bitcoin (BTC) in the coming weeks, despite a strong equity market and favorable U.S. crypto policies, pointing to selling activity from miners and general profit taking. Bitcoin’s upper potential may be limited due to miners’ cash demand, with on-chain data showing an increase in the transfer of BTC from […]
Tag: pare
Senate passes voter ID law, but Republicans say they may pare it back
The bill has not left the Senate yet; it was referred to the Senate Finance Committee, and will come back to the Senate floor for a final vote before heading back to the House. (Kate Brindley | New Hampshire Bulletin) The Senate passed a bill Thursday that would require that New Hampshire voters produce evidence […]
Stock Market Today: Dow Jones Futures Pare Losses On PPI Inflation Report; Nvidia, Microsoft Price Targets Raised
Dow Jones futures turned higher early Thursday, along with S&P 500 futures and Nasdaq futures on the stock market today, erasing modest losses on the PPI inflation report. That followed Wednesday’s hot CPI inflation report, which hit the major indexes. Meanwhile, artificial intelligence leaders Nvidia (NVDA) and Microsoft (MSFT) are in focus.
Fast-food companies seeing low-income diners pare orders
By Waylon Cunningham SAN ANTONIO, Texas (Reuters) – Runaway prices at U.S. fast-food joints and restaurants have made people skittish down the income ladder and executives at chains including McDonald’s and Wendy’s recently said they worry about losing business from those on the tightest budgets. Roughly a quarter of low-income consumers, defined as those making […]