Gate News update: On April 7, U.S. technology-industry employment fell for the second consecutive year; over the past year, it decreased by 43k jobs. According to Cointelegraph, the number of job cuts this time exceeded the declines during both the 2020 pandemic and the 2008 financial crisis.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Former U.S. Treasury Secretary Paulson Warns of Potential U.S. Debt Market Demand Collapse
Former U.S. Treasury Secretary Henry Paulson warns of a potential collapse in U.S. Treasury demand, which could destabilize the financial system and erode confidence in the dollar, shifting investments to Bitcoin and gold. Tether may face risks as well.
GateNews1h ago
U.S. Stock Indices Rally, Nasdaq Extends 12-Day Winning Streak to New High; China's Golden Dragon Index Surges 1.74%
U.S. stock indices closed higher on April 16, with the S&P 500 reaching a record. Tech stocks surged, particularly within the semiconductor sector and Chinese companies. Crude oil prices rose, while precious metals declined. Analysts offer mixed views on the rally's sustainability amidst geopolitical tensions involving Israel and Lebanon.
GateNews2h ago
U.S. Money Market Funds Assets Decline by $175.81 Billion to $7.64 Trillion
The Investment Company Institute reported a $175.81 billion drop in U.S. money market fund assets to $7.64 trillion for the week ending April 15, with significant declines across taxable and tax-exempt funds.
GateNews3h ago
South Korea's KOSPI Index Opens Down 4.55 Points, Japan's Nikkei 225 Falls 0.38%
On April 17, South Korea's KOSPI index dropped 4.55 points, while Japan's Nikkei 225 fell by 227.62 points, indicating weakness in major Asian equity benchmarks.
GateNews4h ago
Optimism boosted by the U.S.-Iran ceasefire agreement helps Bitcoin hold steady at 75K
Israel and Lebanon reached a 10-day ceasefire agreement, U.S. stock index benchmarks hit new highs, and market sentiment is optimistic. Bitcoin is hovering around 75K; with capital flowing in, the rally is gradually gaining momentum. Keep an eye on the 78K resistance level.
ChainNewsAbmedia4h ago
TradFi Rise Alert: XBRUSD (Brent Crude UKOIL) Rises Over 2%
Gate News: According to the latest Gate TradFi data, XBRUSD (Brent Crude UKOIL) has surged by 2% in a short period. Current volatility is significantly higher than recent averages, indicating increased market
GateNews4h ago
