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industrial-production-061518.jpg With a drop in manufacturing output more than offsetting jumps in mining and utilities output, the Federal Reserve released a report on Friday unexpectedly showing a modest decrease in U.S. industrial production in the month of May. The Fed said industrial production edged down by 0.1 percent.

globalwatchdog-june15.jpg The Paris-based Financial Action Task Force (FATF), a global watchdog fighting financial crime is planning to frame binding rules to govern cryptocurrency exchanges, Reuters reported, citing a Japanese government official familiar with the matter.

empire-state-061518.jpg Growth in New York manufacturing activity unexpectedly accelerated in the month of June, according to a report released by the Federal Reserve Bank of New York on Friday. The New York Fed said its general business conditions index climbed to 25.0 in June from 20.1 in May.

Growth in New York manufacturing activity unexpectedly accelerated in the month of June, according to a report released by the Federal Reserve Bank of New York on Friday.

businessinventories-061418.jpg Business inventories in the U.S. increased in line with economist estimates in the month of April, according to a report released by the Commerce Department on Thursday. The Commerce Department said business inventories rose by 0.3 percent in April following a revised 0.1 percent dip in March.

bahrain-cryptocurrency-061418.jpg Dubai's Palmex was granted a regulatory sandbox license by the Central Bank of Bahrain (CBB), thus becoming the first cryptocurrency exchange in the Middle East and North Africa region to do so.

import-export-061418.jpg Import and export prices in the U.S. both increased by more than anticipated in the month of May, the Labor Department revealed in a report released on Thursday. The Labor Department said import prices climbed by 0.6 percent in May, matching the upwardly revised increase in April. Economists had expected...

retail-sales-061418.jpg Reflecting strong sales growth throughout much of the sector, the Commerce Department released a report on Thursday showing a much bigger than expected increase in U.S. retail sales in the month of May. The Commerce Department said retail sales jumped by 0.8 percent in May after climbing by an upwardly revised 0.4 percent in April.

joblessclaims-061418.jpg A report released by the Labor Department on Thursday showed an unexpected decrease in first-time claims for U.S. unemployment benefits in the week ended June 9th. The report said initial jobless claims edged down to 218,000, a decrease of 4,000 from the previous week's unrevised level of 222,000.

Import and export prices in the U.S. both increased by more than anticipated in the month of May, the Labor Department revealed in a report released on Thursday.

Reflecting strong sales growth throughout much of the sector, the Commerce Department released a report on Thursday showing a much bigger than expected increase in U.S. retail sales in the month of May.

A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits unexpectedly decreased in the week ended June 9th.

The Federal Reserve on Wednesday raised its key interest rate by a quarter point to 2%, as expected. In a surprise move, the central bank now projects four interest rate hikes in 2018, rather than three. They continue to see three rate hikes in 2019. The Fed also dropped wording about rates being...

crypto-roundup-061318.jpg Cryptocurrencies are extending their downward trend Wednesday morning and the top cryptocurrency Bitcoin went below $6,500. The cryptocurrency market cap also fell below $300 billion. Meanwhile, Ethereum Classic surged on news of it being considered for listing on Coinbase. Here is a wrap of the main news from the cryptocurrency and blockchain space over the past 24 hours.

litecon-down-061318.jpg Wednesday, the price of Litecoin (LTC) fell to its lowest level since December 8, 2017. Coindesk data shows the world's sixth largest cryptocurrency slipped to $94.95, reflecting a 74 percent decline from its all-time-high of $370, recorded on December 19. The price of LTC suffered a depreciation of more than 6 percent in the last 24 hours. And this year alone, LTC lost more than 60 percent o

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