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These six charts show how Bitcoin Mining is holding up in the bear market

These six charts show how Bitcoin Mining is holding up in the bear market

Bitcoin mining companies continue to struggle to survive the ongoing bear market. Dreams of surpassing bitcoin as a public mining company are long gone. Bankruptcies and lawsuits regularly make the headlines. And even Wall Street analysts who were once optimistic about investment opportunities in bitcoin mining are now saying they’re “unplugging” until the market improves. …

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As Fed plans to 'rise and hold,' new projections could show cost

As Fed plans to ‘rise and hold,’ new projections could show cost

WASHINGTON, Dec 2 (Reuters) – New projections from the U.S. Federal Reserve, released later this month, alongside an expected half-point hike in interest rates, could show that the target rate for the central bank is heading towards levels last seen on the eve of the 2007 financial crisis, and will also reveal policymakers’ best estimate …

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November job growth slowed but will still show strength despite layoffs and hiring freeze

November job growth slowed but will still show strength despite layoffs and hiring freeze

Workers sort packages at a FedEx Express facility during Cyber ​​Monday in Garden City, New York on Monday, Nov. 28, 2022. Michael Nagle | Bloomberg | Getty Images Job growth in November was expected to have slowed but remained strong, even in the face of layoffs and job freezes at major companies. The economy is …

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Global inflation has likely peaked, leading data indicators show

Global inflation has likely peaked, leading data indicators show

Leading data indicators suggest that this year’s runaway global inflation has peaked and the pace of global price growth is expected to slow in the coming months. Ex-factory prices, shipping rates, commodity prices and inflation expectations have all started to decline from their recent record highs. These data series are widely followed by economists and …

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