97 / GettyInflation has throttled back significantly since peaking two years ago. The U.S. economy is even seeing some prices deflate for consumers.Deflation measures how quickly prices are falling for a consumer good or service. It's the opposite of inflation, which gauges how quickly prices are increasing.Physical goods have accounted...
Category: Finance
Ethereum ETF countdown: Bitwise CIO sees ‘birth of a new asset class’
Wall Street is getting ready for a new batch of cryptocurrency exchange-traded funds: ethereum. Spot ether ETFs could hit the market as soon as this week, pending U.S. Securities and Exchange Commission approval, and Bitwise Asset Management's Matthew Hougan plans to get in on the action."What you're seeing is this sort...
This ETF is trying to satisfy appetites for weight loss stocks
Tema ETFs has been capitalizing on the risk appetite for weight loss stocks.It is behind the GLP-1, Obesity & Cardiometabolic ETF (HRTS), which is up 26% since its inception last November.The firm's founder and CEO Maurits Pot thinks the winning weight loss trade isn't based on just hype."The companies we...
China hopes to reach a solution with the EU on EV tariffs ‘as soon as possible’
Employees work on the assembly line of electric vehicles in a digital automotive factory of Jiangling Motors on May 17, 2024. Vcg | Visual China Group | Getty ImagesBEIJING โ China hopes to reach an agreement with the European Union soon on the bloc's planned tariffs for imported Chinese electric cars,...
Revolut CEO confident on UK bank license approval as fintech firm hits record $545 million profit
Nikolay Storonsky, founder and CEO of Revolut.Harry Murphy | Sportsfile for Web Summit via Getty ImagesLONDON โ The boss of British financial technology giant Revolut told CNBC he is optimistic about the company's chances of being granted a U.K. banking license, as a jump in users saw the firm report...