bonysun
@bonysun
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bonysun
@bonysun
Just a reminder if you work a jobby job: - check your allowance for any benefits you can use up - use your pto before December!
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bonysun
@bonysun
U.S. economic growth slowed slightly in the second quarter, though consumer spending remained strong. This economic report comes six days before the presidential election, in which the economy could be the defining issue. The stakes couldn't be higher for both candidates. Economists tend to think that Vice Harris would do a better job of controlling deficits and inflation; voters tend to give Trump better marks on the economy. Torsten Slok, chief economist at Apollo Global Management, said the economy is doing very well, thanks in part to the AI boom and government spending through programs like the Inflation Reduction Act. On top of that, many homeowners locked in favorable mortgage rates when borrowing costs were low, making them less sensitive to the high rates of the past few years.The GDP data should not change the Fed's overall direction. The Fed cut rates last month and is expected to continue to do so.
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bonysun
@bonysun
Cryptocurrencies could benefit from possible deregulation if Donald Trump wins the U.S. presidential election on Nov. 5, but that also poses risks for consumers, wealth management firm Mirabaud Group said.John Plassard said in a report that a potential Trump administration could undo some of the Biden administration's regulatory crackdowns and roll out a national strategic bitcoin Coin Reserve, among other initiatives, to position the U.S. as a global leader in crypto. Trump's lax regulatory approach could attract more investment and innovation into the cryptocurrency space. However, it has also raised concerns about increased risk of fraud and inadequate consumer protection.
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bonysun
@bonysun
U.S. SEC Chairman Admits Political Pressure From Crypto Industry
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bonysun
@bonysun
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bonysun
@bonysun
I got my Moxie Pass! Mint yours to be eligible for upcoming airdrops, grants, Fan Tokens and more! cc @betashop.eth @airstack.eth
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bonysun
@bonysun
wuhu~
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