Latest News for: hamid

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Fed chair Powell is coming to terms with the fact that he needs to cut ...

Cryptopolitan 04 Apr 2025
Jerome Powell is finally facing the problem head-on. After months of dodging the obvious, the Federal Reserve chair is being forced to accept that it’s time to cut interest rates—and fast. The pressure is coming from every angle ... St ... The risk is clear.
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China’s Xi Jinping calls Trump a bully, says America shouldn’t be allowed to be as ...

Cryptopolitan 04 Apr 2025
China’s President Xi Jinping told the world on Friday that Donald Trump is a “bully” and that America has no business being as powerful as it is ... The Chinese government called the new U.S ... President Xi Jinping. Source ... Beijing said the U.S ... Source.
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US unemployment rate jumps to 4.2% as JPMorgan raises 2025 recession odds to 60%

Cryptopolitan 04 Apr 2025
The unemployment rate in the U.S. just hit 4.2%, up from 4.1% the month before. That’s not what Wall Street wanted to hear. It’s also higher than the 4.1% estimate economists had expected ... But here’s the twist ... That’s a big jump from 117,000 in February.
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S&P 500 wipes out $3.5T, approaches capitulation as Trump doubles down on World War 3 ...

Cryptopolitan 04 Apr 2025
The S&P 500 has lost $3.5 trillion in just 48 hours as China and President Donald Trump officially kick off World War III of trade wars. We call it that because the last time America started a trade war was in 1930 ... Crude oil price chart . Source.
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Powell repeats he won’t cut rates anytime soon as Trump tells him to ‘stop playing ...

Cryptopolitan 04 Apr 2025
President Donald Trump, speaking from the White House on Friday through Truth Social, told Federal Reserve Chair Jerome Powell to stop playing around and cut interest rates immediately ... But Jerome’s not listening ... U.S ... But crypto was surprisingly calm.
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PM grieved over death of test cricketer Farooq Hamid

Urdu Point 03 Apr 2025
... Sharif on Thursday expressed grief and sorrow over demise of former test cricketer Farooq Hamid.
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Lazarus Group has been funding North Korea’s entire nuclear program with stolen crypto

Cryptopolitan 03 Apr 2025
North Korea’s nuclear weapons aren’t getting funded by coal or taxes. They’re being powered by stolen crypto. On July 18 2024, the North Korean government’s top hacking unit Lazarus Group broke into WazirX, India’s biggest crypto exchange ... Source.
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Eric Trump says he wouldn’t want to be the last country that negotiates a trade ...

Cryptopolitan 03 Apr 2025
Eric Trump went on X on Thursday and told the world exactly how things are going to go under his father’s new trade policy. “I wouldn’t want to be the last country that tries to negotiate a trade deal with @realDonaldTrump ... goods ... India reacted quickly.
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S&P 500 and Nasdaq go deeper into correction as Russell 2000 enters bear market

Cryptopolitan 03 Apr 2025
The Russell 2000 dropped hard on Thursday, sliding 6.6% during the session and putting it 22.5% below its 52-week high, which means small-cap stocks are officially in a bear market. Wall Street uses a 20% drop as the line for that ... mining.
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Elon Musk accuses Biden of diverting billions in Social Security funds as D.O.G.E moves to ...

Cryptopolitan 02 Apr 2025
Elon Musk claimed at a rally in Wisconsin that President Joe Biden let millions of noncitizens collect Social Security numbers during his time in office ... Elon Musk at the rally event. Source. Fox News/Getty Images ... “But this is what jumped out at us.
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Wall Street downgrades MicroStrategy to sell, says debt play is ‘tapped out’

Cryptopolitan 02 Apr 2025
Looks like Wall Street is done playing along with MicroStrategy’s Bitcoin binge. On Tuesday, investment firm Monness Crespi Hardt downgraded the company’s stock from neutral to sell and slapped a $220 price target on it ... Source. TradingView ... Galá said..
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Arthur Hayes says Bitcoin will hit $250k in Q4 because Bessent will force Fed’s Powell ...

Cryptopolitan 02 Apr 2025
Arthur Hayes said on Wednesday that Bitcoin could hit $250,000 by the end of 2025 because President Trump’s crypto-loving Treasury Secretary Scott Bessent will make Fed chair Jerome Powell start printing again to keep the US government afloat ... Powell.
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Wall Street trading desks see no rebound for S&P 500 in Q2 even as Tesla surges

Cryptopolitan 02 Apr 2025
Trading desks across Wall Street are bracing for more losses in the S&P 500 this quarter, even amid Wednesday’s green wave. According to Bloomberg, traders at major banks say the rally doesn’t change the bigger picture ... election in November ... Source.
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Trump accused of wanting to make his stablecoin legal tender as Circle and Ripple begin ...

Cryptopolitan 02 Apr 2025
President Donald Trump is facing new heat after Representative Maxine Waters accused him of trying to ditch the dollar and swap in a stablecoin tied to his own family ... She said. ... Waters slams Trump’s financial ties as committee debates stablecoin bill.
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