US Redbook year-over-year retail sales rise to 9.1% as consumer spending holds strong
Strong consumer spending, reflected in high retail sales growth, suggests robust economic activity but may also indicate inflationary pressures. The post US Redbook year-over-year retail sales rise to 9.1% as consumer spending holds strong appeared first on Crypto Briefing....
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US exports rise 2.6% in April to $327.1B as Iran conflict reshapes global oil demand
The reshaped global oil demand due to the Iran conflict boosts US oil exports, strengthening the dollar but potentially fueling inflation. The post US exports rise 2.6% in April to $327.1B as Iran conflict reshapes global oil demand appeared first on Crypto Briefing....
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New York Mayor Zohran Mamdani slams Trump immigration policies as World Cup 2026 looms
Mamdani’s critique highlights the tension between restrictive immigration policies and the inclusive spirit of global events like the World Cup. The post New York Mayor Zohran Mamdani slams Trump immigration policies as World Cup 2026 looms appeared first on Crypto Briefing....
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JPMorgan sees US stocks powering through short pullbacks, backed by 22% earnings growth forecast
JPMorgan’s bullish outlook on US stocks suggests potential for significant market gains, contingent on sustained earnings growth and positive revisions. The post JPMorgan sees US stocks powering through short pullbacks, backed by 22% earnings growth forecast appeared first on Crypto Briefing....
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Amazon faces ITC probe after Cerence files patent complaint over Echo and Fire TV devices
The ITC probe could disrupt Amazon’s supply chain, impacting its market presence and investor confidence in its smart home ecosystem. The post Amazon faces ITC probe after Cerence files patent complaint over Echo and Fire TV devices appeared first on Crypto Briefing....
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Citizens reiterates Galaxy Digital price target at $55, sees 75% upside from OTC desk expansion
Galaxy Digital’s OTC desk expansion highlights a strategic shift towards institutional engagement, potentially reshaping crypto market dynamics. The post Citizens reiterates Galaxy Digital price target at $55, sees 75% upside from OTC desk expansion appeared first on Crypto Briefing....
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Apollo and Blackstone are financing the AI industrial complex with your retirement money
The redirection of retirement funds into AI infrastructure financing signifies a major shift in investment strategies, potentially reshaping financial markets. The post Apollo and Blackstone are financing the AI industrial complex with your retirement money appeared first on Crypto Briefing....
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Alphabet raises $85B in equity as Wall Street bets big on AI infrastructure
Alphabet’s massive equity raise underscores AI’s pivotal role in future tech investments, signaling a shift towards aggressive capital deployment. The post Alphabet raises $85B in equity as Wall Street bets big on AI infrastructure appeared first on Crypto Briefing....
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US trade deficit narrows in April as exports hit record highs
The narrowing US trade deficit, driven by record exports, signals economic strength but may face challenges from potential AI-related import surges. The post US trade deficit narrows in April as exports hit record highs appeared first on Crypto Briefing....
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Canada’s trade surplus widens as crude oil exports hit record high
Canada’s growing trade surplus, driven by energy exports, strengthens its economic position but increases vulnerability to oil market volatility. The post Canada’s trade surplus widens as crude oil exports hit record high appeared first on Crypto Briefing....
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