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Bloomberg: US housing and food expenditures are projected to account for nearly half of total household spending in 2025, the highest in 15 years.
Bloomberg reports that U.S. household spending on housing and food will account for nearly half of total expenditures in 2025, the highest level in 15 years, primarily due to rising rents, homeowner costs, and beef prices.
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24H Trending
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Samsung Electronics fell 4.31% from its previous close, now trading at ₩222,000.
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Tether, Circle, Ripple, and other stablecoin issuers have frozen over $2.6 billion in assets linked to suspected security breaches at Binance.
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3
Binance hacker finishes dumping UNI, ENA, PEPE, LINK, AAVE, ONDO, WLD for 70,480 ETH ($158.25M)
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The Nikkei 225 index is down 2.72% from its previous close, currently at 62,903.43.
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Lookonchain: Binance hackers are selling PEPE, UNI, LINK, and other tokens, still holding over $150 million worth of various altcoins.
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Taiwan's TAIEX fell 2.68% from its previous close, currently at 45,125.33.
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South Korea's KOSPI index is down 4.77% from its previous close, currently at 5,654.61.
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SK Hynix is down 5.9% from its previous close, now trading at ₩1,436,000.
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ETH inter-exchange spread reaches 1.11%
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CNBC analysis suggests that Intel's stock may continue to fall after its significant decline, but selling now would not recover losses.
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