Inflation Hits 40-Year High in the US, Putting Strain on Household Budgets

Inflation

In June, inflation in the United States reached its highest point in 40 years, with an annual increase of 9.1%, as reported by the Bureau of Labor Statistics. This marks the most significant inflationary surge since November 1981. Several factors are contributing to this inflationary spike, including the situation in Ukraine, disruptions in the supply … Read more

US Economy Contracts for a Second Straight Quarter, Raising Fears of a Recession

US recession & Economic crisis

The US economic situation continued its decline for a second consecutive quarter, registering a 0.9% annual contraction from April to June. Concerns are growing that the nation might be on the brink of an economic downturn, characterized by two consecutive quarters of reduced economic activity. This downturn in Gross Domestic Product (GDP) was primarily influenced … Read more

Attention Shifts to Key Inflation Data: Implication for Dogecoin Price

Attention Shifts to Key Inflation Data: Implication for Dogecoin Price

Dogecoin Price: Eyes are on the Key Inflation Data Dogecoin has experienced significant losses in recent weeks due to bearish sentiment in the crypto market. The digital asset has dropped by over 18% this month and more than 13% this year. In the past week alone, it has declined by over 5%. The total market … Read more