Economy on The Soothsayer / page 12

US Fed Cuts Interest Rates Amid Economic Shifts

The US Federal Reserve has cut interest rates by a quarter of a percentage point, citing a job market that has “generally eased” while inflation continues to move towards the central bank’s 2 percent target. This decision comes as policymakers navigate a changing economic landscape with the election of Donald Trump as the next US…

Shiba Shootout: A Wild West Gaming Project Poised for Growth in 2025

Shiba Shootout, a crypto gaming project inspired by the Shiba Inu meme, is gaining traction with its unique blend of Wild West gaming and serious earning potential. The project has already raised $1.27 million in its presale and is set to expand beyond mobile gaming with a comprehensive Web3 application and Apple device support. With…

Trump’s Stunning Comeback: The Inflation Factor

The recent US presidential election saw a stunning comeback by former President Donald Trump, with many attributing his victory to the rising cost of living. Despite official statistics showing low inflation rates, voters felt the pinch of increasing prices, which ultimately led to Trump’s win. The Biden administration’s inability to address this issue effectively has…

Solana and BNB Prices Soar: A New Era of Cryptocurrency Growth?

Solana and Binance Coin (BNB) have experienced a significant surge in value, with Solana’s market cap surpassing $100 billion and BNB’s price nearing its all-time high. Analysts predict that both cryptocurrencies could retest their all-time highs before the end of the year, driven by easing macroeconomic conditions, recent election results, and Federal Reserve rate cuts….

Nintendo’s Next Move: Switch Games to be Playable on New Console

Nintendo, the Japanese gaming giant, has announced that its upcoming console will be backwards compatible with games from the Switch. This means that customers will be able to play their existing Switch games on the new console. The company’s president, Shuntaro Furukawa, stated that this decision was made to allow customers to enjoy their existing…

XRP ETF Hopes and Crypto Wallet Wars: A New Era for Digital Assets

The recent buzz around XRP-focused ETFs and regulatory shifts under Trump’s administration has sparked fresh interest in the crypto market. As a result, demand for crypto wallets has intensified, fueling competition among platforms. OKX Wallet and Plus Wallet are two notable players in this space, each offering unique features and approaches to cater to different…

Asia’s Export-Driven Economies Bracing for Upheaval Under Trump

Former US President Donald Trump’s proposals for sweeping tariffs threaten to hobble exports that drive Asia’s growth. Trump has pledged to impose tariffs of 60 percent or more on Chinese imports and tariffs of 10 to 20 percent on all other foreign goods. This move could result in a particularly serious economic fallout in Asia,…

WEEX and Bybit Revolutionize Crypto Content Creation with Unmatched Support for KOLs

WEEX, in collaboration with Bybit, has launched an exclusive welcome party for KOLs ahead of the Crypto Content Creator Campus event. The event aimed to empower influencers with advanced market tools, real-time analytics, and dedicated support teams. WEEX and Bybit are committed to fostering financial growth and offering tailored affiliate programs with industry-leading commission rates…

Boeing Workers End 7-Week Strike, Return to Work

Boeing workers in the United States have voted to accept the aircraft manufacturer’s latest contract offer, ending a seven-week strike that crippled production of the 737 Max and 777. The International Association of Machinists and Aerospace Workers (IAM) said 59 percent of its members voted to approve the deal, which includes a 38 percent pay…

Rexas Finance Poised to Revolutionize Asset Management and Cryptocurrency Market

Rexas Finance, a newcomer to the cryptocurrency market, is gaining attention for its potential to transform asset management and offer life-changing returns. With a current price of $0.07 and a projected listing price of $0.20, analysts estimate that Rexas Finance might rise to $150 by 2025. The project’s innovative approach to asset management, community-oriented projects,…

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