Applications for unemployment benefits in the US rose last week but remained within a stable range, indicating resilience in the labour market despite global economic uncertainties, AP reported.Initial jobless claims increased by 16,000 to 2,19,000 for the week ending April 4, up from 2,03,000 in the previous week and higher than analysts’ expectations of 2,10,000,…
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CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 1982.06, down 0.6% (-12.51) since 4 p.m. ET on Wednesday. One of 20 assets is trading higher. Leaders: ICP (+1.5%) and BTC (+0.0%). Laggards: AAVE (-3.6%) and XLM (-2.7%)….
Iran rejects ceasefire: Iran rejected Donald Trump’s proposal, citing pre-negotiation violations and asserting its right to uranium enrichment. Turnout strong across states: As of 5 pm, voter turnout stands at 84.42% in Assam, 75.01% in Kerala, and 86.92% in Puducherry, indicating strong participation in the Assembly elections. Congress quits Baramati: The Congress exited the race…
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US inflation rose in line with expectations in February, with further upside risks emerging from the Iran war, a trend that could delay interest rate cuts by the Federal Reserve, Reuters reported.The personal consumption expenditures (PCE) price index –the Fed’s preferred inflation gauge– increased 0.4% in February after a 0.3% rise in January, data from…
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