Chinese exports are gaining momentum but the outlook is murky as global growth cools

Chinese exports are gaining momentum but the outlook is murky as global growth cools

China’s July exports grow at a faster pace, beating forecasts Imports still disappoint, highlighting the weakness of domestic demand The trade balance hit record highs in July Weak foreign demand adds stress to trade and the economic outlook BEIJING, Aug 7 (Reuters) – China’s export growth unexpectedly accelerated in July, offering an encouraging boost to … Read more

Stocks ahead of the week: the market has misread the Federal Reserve

Stocks ahead of the week: the market has misread the Federal Reserve

“We have front-end loaded these large rate hikes and are now getting closer to where we need to be,” Fed Chairman Jerome Powell told reporters. Of course, Powell said, another “unusually large” raise could also be on the table. But Wall Street has looked further. What happened after: Investors cheered Powell’s apparent pivot. The S&P … Read more

Chainlink Staking: a new chapter in the LINK economy

Chainlink Staking: a new chapter in the LINK economy

Key takeaway Chainlink is Oracle’s best decentralized cryptocurrency network, known for providing pricing data to power DeFi applications. The network is planning to launch a token staking and node delegation system. The updates could help make Chainlink more secure and decentralized, potentially sparking renewed interest in the project. Share this article Plans to grow Chainlink’s … Read more

High school teams earn national praise in top personal finance and business competitions

High school teams earn national praise in top personal finance and business competitions

NEW YORK–(COMMERCIAL LINE). the National Personal Finance Challenge (NPFC) and two divisions of the National Economics Challenge (NEC) organized by the Council for Economic Education (CEE). “You don’t learn to manage your money just by wanting, or to make complex economic choices just by following the news. It’s hard to thrive if you don’t understand, … Read more