ECB Reaffirms Commitment to Cash as It Develops Digital Euro
🔍 Key Takeaways The Digital Euro Will Not Replace Cash, ECB Says As stablecoins and private digital currencies surge in popularity, the European Central Bank (ECB) is reinforcing its position: public money must remain central to the European financial system....
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From Fall to Rise: Cathie Wood, the Woman Who Trades the Future
Chapter 1: A Bold Mind in Finance Born in 1955 in Los Angeles, Cathie Wood earned her economics degree from the University of Southern California before stepping into Wall Street. Over the years, she built a solid reputation as an...
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U.S. Nonfarm Payrolls Disappoint in July 2025 with Just 73K New Jobs
The U.S. nonfarm payrolls report for July 2025 delivered a significant downside surprise, with just 73,000 jobs added, well below economists’ expectations of 110,000. Even more striking were sharp revisions to previous months: June’s figure was slashed from 147,000 to...
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Weak Jobs Report and Trump’s New Tariffs Shake Global Markets
Financial markets tumbled Friday following a weaker-than-expected U.S. jobs report and President Trump’s renewed and more aggressive global tariff strategy. Investors quickly shifted expectations, betting the Federal Reserve may soon intervene with interest rate cuts to stabilize the economy. Summary...
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Eurozone Inflation Holds Steady at 2.0% in July 2025, Matching ECB Target
Eurozone consumer price inflation remained at 2.0% year-on-year in July 2025, unchanged from the previous month and slightly above analysts’ forecast of 1.9%, according to Eurostat’s preliminary flash estimate. This marks the second straight month that inflation has aligned with...
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