Latest Market News

Aug 27
Fiscal policy and planning for resilience

At last week’s meeting of the ECB’s Governing Council, we decided to increase our main policy rate by 50 basis points.  This continues the normalisation of our monetary policy, a path that we had started to travel on last December. Our aim is to dampen the inflationary pressures that we’re seeing in the euro area […]

Aug 27
Higher real income growth, reduced spending and precautionary savings contributed to significant increase in Irish household deposits during the pandemic

Central Bank Economic Letter finds that, while household deposits increased across all euro-area countries during the pandemic, Irish deposit growth was among the highest, exceeded only by Baltic countries. Unlike Ireland, these countries had very high pre-pandemic deposit growth, marking the Irish experience as exceptional. While the virus and related restrictions reduced spending, a higher […]

Aug 27
Federal judge signals openness to Trump request for special master to review Mar-a-Lago files

Federal judge Aileen Cannon late Saturday set a hearing for Thursday, Sept. 1, on Donald Trump’s request that a special master be appointed to review the documents and other materials recovered by the FBI during a search of the former president’s private club in Palm Beach, Fla., rather than allow the FBI to continue its […]

Aug 27
Facebook agrees to settlement in Cambridge Analytica user-privacy case

Facebook parent Meta Platforms Inc. META, -4.15% has reached an agreement to settle a lawsuit brought up by users concerning the company’s practices in sharing data with Cambridge Analytica, a Friday court filing shows. The two parties in the case filed a joint notice saying that they “reached a settlement in principle” and were asking […]

Aug 27
Coinbase says it will ‘evaluate any potential forks’ following the Merge

“Should an ETH PoW fork arise following The Merge, this asset will be reviewed with the same rigor as any other asset that is listed on our exchange,” said Coinbase. 4330 Total views 15 Total shares Cryptocurrency exchange Coinbase has updated its information related to Ethereum transitioning to proof-of-stake to include forks that could arise. […]

Aug 27
Hetzner anti-crypto policies: A wake-up call for Ethereum’s future

The terms of services, laid down by Ethereum’s second-biggest host Hetzner, prohibits customers from running nodes, mining and farming, plotting, storage of blockchain data and trading. 7465 Total views 47 Total shares Just when the Ethereum ecosystem reached its final stages in preparing for the much-anticipated upgrade, The Merge, german cloud provider Hetzner, reiterated its […]