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US Unemployment Came in at 4.1%

U.S. nonfarm payrolls increased by 162,000 in August, sharply beating expectations for a 55,000-56,000 gain. The unemployment rate held at 4.1%, matching forecasts. Average hourly earnings rose 3.1% year over year, abov…

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CEO Adam Aron Demands Robinhood Halt AMC Stock Tokens

AMC Entertainment CEO Adam Aron has urged Robinhood to halt trading of tokenized AMC shares, saying AMC has no connection to, authorization of or endorsement of the product. Aron questioned the tokens’ legality and sa…

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KOSPI Index Jumps After Wild Circuit Breaker Session

Asian markets are rebounding broadly as fears of a US rate hike ease and Wall Street’s rally lifts sentiment. South Korea’s KOSPI gained 1.09%, Japan’s Nikkei rose 0.67%, Hong Kong’s Hang Seng jumped 2.22%, and Shanghai…

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Why Are Bitcoin, Ethereum and XRP Prices Up Today?

Bitcoin surged above $82,000 for the first time since May 11, up 4.0% to $81,209.47, as $510 million in shorts were liquidated within 24 hours. Ethereum climbed 4.2% to $2,518.82, XRP gained 5.7% to $1.45, and BNB rose …