Dollar Surges, Bitcoin Hits Record High as Trump Claims Victory

The dollar surged, and bitcoin hit a record high Wednesday as traders reacted to Donald Trump’s projected wins in two key swing states, sparking expectations of tax cuts, tariffs, and potential inflation under his administration. While polls had forecast a close race, Trump appeared to gain an edge over Democratic rival Vice President Kamala Harris … Read more

US Unemployment Rate Rises To 3.7% In August

Biden

US Unemployment Rate Rises To 3.7% In August   EKO HOT BLOG reports that American employers slowed the pace of hiring in August after the surprising surge in the prior month and the jobless rate edged up, according to government data Friday, which could offer the central bank some relief that its inflation-fighting efforts are … Read more