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Bitcoin smashes through $50,000 as mainstream charge gathers pace - Netscape Money & Business

Bitcoin smashes through $50,000 as mainstream charge gathers pace - Netscape Money & Business
netscape.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from netscape.com Daily Mail and Mail on Sunday newspapers.

What price to fix the COVID-stricken U S economy? It s complicated | Hellenic Shipping News Worldwide

What price to fix the COVID-stricken U.S. economy? It’s complicated Judged from Idaho, Utah, Kansas or Alaska, home to U.S. senators arguing for a smaller next round of federal spending to fight the coronavirus recession, the country’s economic situation might seem less dire as the distribution of vaccines gathers pace and a possible end to the pandemic approaches. Employment as of December in those states was back above where it was a year ago, and while outsized numbers still claim unemployment benefits in each, at least their employed workforces seem more normal. But judge the situation from Nevada or New York, Hawaii or Massachusetts, and the outlook is dismal, with more than 8% of jobs still gone.

What price to fix the COVID-stricken U S economy? It s complicated | WSAU News/Talk 550 AM · 99 9 FM

By Howard Schneider WASHINGTON (Reuters) - Judged from Idaho, Utah, Kansas or Alaska, home to U.S. senators arguing for a smaller next round of federal spending to fight the coronavirus recession, the country s economic situation might seem less dire as the distribution of vaccines gathers pace and a possible end to the pandemic approaches. Employment as of December in those states was back above where it was a year ago, and while outsized numbers still claim unemployment benefits in each, at least their employed workforces seem more normal. But judge the situation from Nevada or New York, Hawaii or Massachusetts, and the outlook is dismal, with more than 8% of jobs still gone.

What price to fix the COVID-stricken U S economy? It s complicated

6 Min Read WASHINGTON (Reuters) - Judged from Idaho, Utah, Kansas or Alaska, home to U.S. senators arguing for a smaller next round of federal spending to fight the coronavirus recession, the country’s economic situation might seem less dire as the distribution of vaccines gathers pace and a possible end to the pandemic approaches. FILE PHOTO: A man sits at an outdoor dining table at Grand Central Market, as the coronavirus disease (COVID-19) outbreak continues, in Los Angeles, California, U.S., February 3, 2021. REUTERS/Lucy Nicholson Employment as of December in those states was back above where it was a year ago, and while outsized numbers still claim unemployment benefits in each, at least their employed workforces seem more normal.

How stocks, gold, bitcoin and TIPS can hedge rising inflation

How stocks, gold, bitcoin and TIPS can hedge rising inflation MarketWatch 1/19/2021 FA CENTER How can you best hedge your investment portfolio against the possibility of much higher inflation? It’s an important question to ask because inflation expectations are heating up and the trend may continue, Earlier this month, St. Louis Federal Reserve President James Bullard told reporters that “the quiescence of inflation that has characterized the last decade may not be a good guide for what’s going to happen in 2021, where I would expect more volatile pricing, possibly higher inflation than we’re used to.” Consider the 10-year breakeven inflation rate, which is what the bond market currently is betting inflation will average over the next decade. It recently rose above 2.0%, for the first time in more than two years. As recently as March 2020, the bond market was betting that inflation over the subsequent 10 years would average just 0.50%.

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