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Goldman Sachs Lowers US Recession Risk to 20%


Goldman Sachs economists have lowered the likelihood of a U.S. recession within the next year from 25% to 20%, citing recent data on retail sales and jobless claims. If the upcoming August jobs report, scheduled for release on September 6, shows favorable results, the probability of a recession...

CPI Report Sparks Fed Rate Cut Hopes as Inflation Slows to 2.9%


On Wednesday, the U.S. Bureau of Labor Statistics rolled out its latest consumer-price index (CPI) report, revealing a 2.9% increase over the past 12 months through July—falling just short of economists’ 3% forecast. This data nudged CME futures metrics upward, reflecting growing market...

Bitfinex Report Examines Bitcoin’s Local Bottom Amid Market Rebound


Crypto exchange Bitfinex’s latest Alpha report examines various key metrics, providing insights into whether bitcoin may be approaching a local bottom. “Overall, these metrics underline the deep bearish sentiment and stress among short-term investors, which usually occurs at local...

Bitcoin Holders Tighten Their Grip, Glassnode’s Latest Report Reveals


The latest onchain report from the analytics firm Glassnode highlights a resurgence in the holding (referred to as ‘HODLing’ in the report) behavior among bitcoin market participants, particularly long-term holders, despite the ongoing market volatility. Onchain data reveals that...

Report: Developers Told Not To Expect Switch 2 Before April 2025


The question on everyone’s lips right now is: Switch 2 when? Now in its eighth year, the current handheld hybrid is more than a little long in the tooth, and the evidence continues to mount that fans still have a bit of a wait to go before Nintendo launches its next console.Read more

Report: Dead Rising Remake Ditches Rewards For Taking Upskirt Photos


The recently announced return of Dead Rising was met with both delight and trepidation, much in light of the redesign of its main character, Frank West. Capcom’s 2006 zombie-bashing madhouse was tremendously fun, but also very much of its time. As spotted by Famitsu, via Eurogamer, the forthcoming...

Goldman Sachs CEO: Fed Unlikely to Cut Rates Before September


Goldman Sachs CEO David Solomon expects the Federal Reserve to delay any emergency rate cuts until at least September despite weak job data, believing the U.S. economy will avoid a recession. Speaking on “The David Rubenstein Show,” Solomon indicated that while investors had anticipated...

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