Many think U.S. is in a recession despite strong economic data

More than half of Americans believe the U.S. is in a recession, according to a Harris poll conducted for the Guardian. CBS News contributor Javier E. David discusses the data, which shows the economy is strong despite people’s sentiment. #news #economy #money management CBS News 24/7 is the premier anchored streaming news service from CBS … Read more

Ether falls after SEC approves rule change that would open door for spot ETH ETFs: CNBC Crypto World

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto field. On today’s show, Hany Rashwan, chief executive officer of 21Shares, one of the potential issuers of spot ether … Read more

JPMorgan top executive Jamie Dimon on Inflation, Markets, Fed, China, India

JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon talks about the impact of inflation and high loan charge rates on the US economy. He also talks about the US relationship with China, regulations, and doing company in India. He spoke with Francine Lacqua at the JPMorgan Global Markets Conference in Paris. ——– More on … Read more

Major banks team up to test network for tokenized money and U.S. Treasurys: CNBC Crypto World

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto sector. On today’s show, Alma Angotti, partner and global legislative and regulatory uncertainty leader at the consulting firm Guidehouse, … Read more

Bitcoin struggles to maintain $64,000 amid rising Middle East tensions: CNBC Crypto World

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto sector. On today’s show, Crypto World explores how publicly-traded bitcoin miners are preparing for the halving, the technical event … Read more

Bitcoin rockets to $64,000 as it closes in on previous all-time high: CNBC Crypto World

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto field. On today’s show, Mike Belshe, co-founder and top executive of BitGo, breaks down the bitcoin ETF hype and … Read more

Why The U.S. Won’t Pay Down Its Debt

The U.S. national debt is nearly $33 trillion as of early September 2023. Every year since 2001, the U.S. government has spent more money than it takes in, which means it has to borrow money to make up for the difference. The national debt is frequently discussed as a danger to future generations, but some … Read more

How Much Money Do Americans Need To Be Comfortable?

The average American says they need to earn $233,000 a year to be financially comfortable. But in 2021, American workers on average made only $75,203 annually. With well over half of Americans living paycheck to paycheck, many are struggling to meet some of their modest economic targets. 72% of Americans said they currently weren’t financial … Read more

Can Nvidia And The AI Boom Save The U.S. Stock industry And Economy?

Nvidia’s rapid rise to a $1 trillion enterprise was a watershed moment for the U.S. stock industry. Not only did the U.S. chipmaker report blowout earnings, it also told investors to expect even more and more of those earnings to keep rolling in. Nvidia makes the powerful computer chips that help power the generative A.I. … Read more

Why The U.S. Can’t End Poverty

37.9 million Americans are currently living in poverty, accounting for 11.6% of the total population. That’s despite the fact that America ranks first as the richest nation in the world in terms of GDP. Poverty in the U.S. is not only a humanitarian crisis but an economic one as well. About 11% of the federal … Read more