Article
Savings Rate Highest In 6 Months As Fed's Favorite Inflation Indicator Rises Near 2-Year High
Savings Rate Highest In 6 Months As Fed's Favorite Inflation Indicator Rises Near 2-Year High
The Fed's favorite inflation indicator - Core PCE (a measure of price changes in consumer goods and services that excludes volatile food and energy costs) - rose o.4% MoM in January (in line with expectations) with YoY rising by 3.1% (as expected), slightly higher than the 3.0% in December...
Source Bloomberg
That is the highest YoY Core PCE since March 2024.
The headline PCE rose 0.3% MoM (as expected) driving prices up 2.8% YoY (down from December's +2.9%...
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Beyond Cookies - How To Stop The Invisible Browser Fingerprint That Tracks You Everywhere
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Saylor's Strategy Holdings Top 800,000 Bitcoin After 3rd Biggest Purchase In History
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Michael Saylor’s Strategy, the world’s largest public Bitcoin holder, has blasted past 800,000 BTC in total holdings after announcing its latest purchases.
Strategy acquired 34,164 Bitcoin for $2.54 billion between April 13 and 19, according to an 8-K filing with the US Securities and Exchange Commission on Monday.
As Helen Partz reports for CoinTelegraph.com, the buy ranks as Strategy’s third-largest Bitcoin acquisition on record by coin count, behind purchases of 55,500 BTC and 51,780 BTC in November 2024.
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