A new report suggests Canadians’ television viewing habits continue to shift toward streaming platforms at the expense of traditional cable and satellite subscriptions, at a time when the federal regulator is considering new rules to help level the playing field across the sector. The annual Couch Potato Report released Monday …
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Analysts are expecting the Fed to pivot by March 2024 and begin the first rate cuts. Bitcoin and the crypto market are expected to rally in this scenario. Bitcoin (BTC) has maintained its position with the price around the $35,000 mark for the past 24 hours, with some attributing this …
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Although most prices in the cryptocurrency market have shown high levels of stagnation in the past week, there were still several notable developments on different fronts. Starting with US regulations, this week saw discussions for a few separate bills, including the Financial Innovation and Technology for the 21st Century Act, …
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There aren’t too many favorable developments within the cryptocurrency community lately. It all started last Monday when the US SEC decided to begin a legal battle against Binance and doubled down on its crackdown against large crypto exchanges by suing Coinbase the very next day as well. Expectedly, these rather …
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Banking powerhouse JPMorgan recently increased its 2023 revenue target by $3 billion on improved operational prospects. JPMorgan Chase (NYSE: JPM) has increased its 2023 key revenue target to $84 billion following its acquisition of First Republic earlier this month. The New York-based banking giant revealed the projected performance at an …
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The Mortgage Bankers Association said there was a 10% jump in homeownership demand last week in anticipation of paused rate hikes. Mortgage demand in the US recently climbed considerably after the Federal Reserve signaled that it could pause interest rate hikes. The increase in applications for home-buying was a direct …
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Bitcoin (BTC) starts a new week in an unmistakably bullish position as it passes $28,000. Crypto markets continue to climb on the back of the banking crisis, which still rages in the United States and abroad — where will they go next? After a week of chaos for macro markets …
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The two-year and 10-year Treasury yields rose following the latest 25-basis-points hike. The two-year yield hit a excessive not seen since 2006. On Thursday, the 2-year Treasury yield rose to ranges not seen in nearly seventeen years as traders contemplated additional Fed price hikes. The ten-year Treasury yield additionally surged …
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Press play to take heed to this text Voiced by synthetic intelligence. It’s growth time for fossil gas firms — and that is spurring a rising clamor for Europe’s governments to spice up their tax take. Within the house of per week, a lot of Europe’s greatest oil and gasoline …
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In keeping with expectations, the six-member financial coverage committee (MPC) of the Reserve Financial institution of India (RBI) on Wednesday elevated the coverage repurchase or repo rate by 25 foundation factors (bps) to a four-year excessive of 6.5 per cent. The committee …
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LONDON: Australia was the most recent main central financial institution to lift charges and on Tuesday hinted at additional hikes, whilst most main central banks steadily transfer nearer to a pause in aggressive financial tightening as inflationary pressures present indicators of easing. Final week, the U.S. Federal Reserve applied its …
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The previous seven days noticed the overall cryptocurrency market capitalization enhance by round $35 billion, and the business continues to get well from the multitude of bankruptcies in 2022. Some argue that the tempo of the restoration is slowing down and that this is perhaps the trigger for one more …
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