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According to ETC Group, the new high is a sign that the halving-induced supply shock is intensifying.

(Bloomberg) -- US mortgage rates fell last week to their lowest level since April 2023, prompting potential homebuyers to apply for loans at a faster clip.Most Read from BloombergHow Air Conditioning Took Over the American OfficeHong Kong’s Arts Hub Turns to Selling Land to Stay AfloatThe Outsized Cost of Expanding US RoadsThe contract rate on a 30-year fixed mortgage fell slightly to 6.43% in the week ended Aug. 30, according to data released Wednesday by the Mortgage Bankers Association. That

(Bloomberg) -- OPEC+ is discussing a possible delay to an oil output increase planned for October, delegates said, after prices crashed to the lowest since last year.Most Read from BloombergHow Air Conditioning Took Over the American OfficeHong Kong’s Arts Hub Turns to Selling Land to Stay AfloatThe Outsized Cost of Expanding US RoadsThe group led by Saudi Arabia and Russia is reconsidering whether to proceed with the scheduled hike of 180,000 barrels a day, according to officials involved in th

Under a Republican sweep, or even with a divided government led by Donald Trump, economic output would take a hit next year, mostly from increased tariffs on imports and tighter immigration policies, Goldman said in a note late on Tuesday. Job growth under a Democrat government would also likely be stronger than under the Republicans, Goldman said.

Web3 social media platform Roundtable is pioneering a new take on tokenized content creation

Bitcoin mining profitability has reached its lowest point on record, according to a recent report by JPMorgan.

As the former Mt. Gox CEO launches his new exchange and ‘Ungox’ venture, he reflects on what he wishes he could have done differently a decade ago.