Fall Financial News

cryptocurrency markets were majorly trading lower in Monday's trade. Bitcoin (BTC) fell 0.20% to $25,808, whereas Ethereum (ETH) was below the 1,650 level. «The overall crypto market experienced losses, and Bitcoin briefly dipped below $26,000. Meanwhile, Bitcoin is on the verge of a „death cross,“ where its short-term 50-day Simple Moving Average (SMA) is about to dip below its long-term 200-day SMA, said CoinDCX Research Team. Other top crypto tokens were also trading lower. XRP, Dogecoin, Polkadot and Solana declined over 1%. The global cryptocurrency market cap was trading lower, around $1.04 trillion, falling 0.32% in the last 24 hours.

Pepecoin (PEPE) price has crashed nearly 85% from its record high of $0.00000448 in May 2023. What's more, its bearish momentum is likely to continue in September. 

Amidst the turbulent cryptocurrency market, Bitcoin now trades at $25,900, reflecting a 1.75% decline on Saturday. 

The US Dollar Index rallied for the eighth consecutive week, which is its longest winning streak since 2005. The Greenback gained as the US economy is presently doing better than its peers, especially the European economies.

tomato farmers in the Rayalaseema region of Andhra Pradesh are facing severe economic challenges as tomato prices plummeted from a staggering Rs 200 per kilogram to a mere Rs 3 per kilogram in just a month. This shocking drop in tomato prices has left many farmers grappling with financial distress, prompting drastic measures. Over the past few days, numerous tomato farmers in Rayalaseema have resorted to dumping their harvests on the roads.

COVID-19 variants across the country, attention is once again turning to rapid antigen tests.However, this flu season is different from the last, as the federal government stopped its shipments of rapid tests to the provinces and territories, meaning Canadians may have to look a little harder to find them, or even pay out of pocket, experts say.Given the dwindling supply, increasing numbers of expired tests and the emergence of new COVID-19 variants in the country, the question arises: Are rapid tests still effective?“I still see a value in the tests, because SARS-CoV-2, the virus that causes COVID sheds for a longer time than we tend to see with some the other respiratory infections,” explained Dr. Gerald Evans, infectious disease specialist at Queen’s University in Kingston, Ont.“It would be able to inform you of the likelihood you might have to be off work for a little bit longer than you were expecting.”In March 2023, the federal government ended new shipments of rapid antigen tests to provinces and territories.

Stocks that are trading heavily or have substantial price changes Friday: Smartsheet, Smith & Wesson rise; RH, Zumiez fall

Investing.com — U.S. futures traded slightly lower Friday, as investors weighed solid economic data and the possibility of more Federal Reserve rate hikes this year.

Despite positive outlooks for inflation and wage growth, climate change was the biggest cause of uncertainty for UK businesses.

TAIPEI (Reuters) — Taiwan's exports dropped for the 12th consecutive month in August but less sharply than expected, and may return to growth in September ahead of the year-end holiday shopping season, the finance ministry said on Friday.

Right after losing IPL rights to JioCinema parent ... moreRight after losing IPL rights to JioCinema parent Viacom18, Disney cut the subscriber target for Disney+Hotstar to 80 Mn by the end of FY24 from 100 Mn earlier.

The number of Americans applying for unemployment benefits last week fell to the lowest level in seven months, another sign that the labor market remains largely unaffected by higher interest rates

inflation in India may be close to a peak. A few weeks ago, retail inflation, i.e. the price rise impacting household budgets, hit a 15-month high of 7.44%.

Nasdaq fell on Thursday, with the biggest drag from Apple and weakness in chip stocks over concerns about China's iPhone curbs, while a fall in weekly U.S. jobless claims fed worries about interest rates and sticky inflation. Shares in S&P heavyweight Apple Inc fell for a second straight day on news that China had widened curbs on iPhone use by state employees, requiring staff at some central government agencies to stop using their mobiles at work. Bloomberg reported that China planned to broaden the iPhone ban to state firms and agencies. The drag from Apple, its suppliers and companies with large China exposure pushed the S&P 500 technology sector lower making it the biggest percentage decliner among the benchmark's 11 major sectors during the session. A U.S.

Investing.com-- Consolidation in oil markets continued in Asian trade on Friday, with prices falling further below 10-month peaks as a mix of profit taking, strength in the dollar and fears of an economic slowdown in major consumers weighed. 

TAIPEI (Reuters) — Shares in Taiwan's TSMC, a major Apple (NASDAQ:AAPL) supplier, dropped around 1% on opening on Friday after reports that China has widened curbs on iPhone use by state employees.

TOKYO (Reuters) — Japanese real wages extended their fall to a 16th consecutive month in July, government data showed on Friday, as salaries failed to keep up with rising prices.

Stocks that are trading heavily or have substantial price changes Thursday: Dave & Buster’s, Verint fall; Designer Brands, Calavo Growers rise

The number of Americans applying for unemployment benefits last week fell to the lowest level in seven months, another sign that the labor market remains largely unaffected by higher interest rates

life insurance companies trade mixed on Thursday, August 7 after the insurers reported their August business premiums. Leading general life insurers including Max Financial Services, ICICI Prudential Life Insurance, SBI Life Insurance, and Life Insurance Corp of India (LIC) were in focus during today's session.

Applications for US unemployment benefits fell to the lowest level since February, underscoring businesses’ reluctance to let go of workers. Initial unemployment claims decreased by 13,000 to 216,000 in the week ended Sept. 2, Labor Department data showed Thursday.