πŸ“Š BTC-Backed Bonds: A New Era?

Hi everyone, here is your πŸ“Š Daily Trade.

Here's what's happening today:

πŸ›οΈ NH launches BTC-backed municipal bond
πŸ“Š US adds 119,000 jobs in September
πŸ’‘ Fed's Hammack supports current rate levels
πŸ“‰ US jobless claims fall, continuing claims rise
πŸ“‰ US trade deficit falls 24% in August
🎁 +7 more stories you might like
πŸ› New Hampshire Pioneers BTC-Backed Municipal Bonds Link
  • New Hampshire launches the first Bitcoin-backed municipal bond in the US.
  • The bond requires 160% BTC collateral and includes a safety mechanism.
  • The initiative aims to integrate crypto into traditional finance and boost economic growth.
πŸ“Š US Job Market Surprises with Strong September Gains Link
  • The US added 119,000 jobs in September, surpassing expectations.
  • Healthcare and hospitality sectors drove most of the job gains.
  • Unemployment rose to 4.4% amid increased labor market participation.
πŸ’‘ Fed's Hammack Advocates for Current Interest Rate Levels Link
  • Beth Hammack supports maintaining current interest rates to manage inflation.
  • She describes the current policy as barely restrictive, suggesting stability.
  • Hammack emphasizes the need to balance inflation concerns with labor market pressures.
πŸ“‰ US Jobless Claims Drop as Labor Market Remains Tight Link
  • Initial claims for unemployment benefits fell to 220,000 last week.
  • Continuing claims rose, indicating challenges in finding new jobs.
  • The data release follows a prolonged government shutdown affecting labor statistics.
πŸ“‰ US Trade Deficit Shrinks Amid Tariff Impact Link
  • The US trade deficit decreased by nearly 24% in August due to tariffs.
  • Imports fell significantly as companies adjusted to new trade policies.
  • The reduction in the trade deficit is expected to boost GDP growth.

Other news & articles you might like

  • πŸ’° OGE Energy launches $345M stock offering (Link)
  • 🏨 Ashford Hospitality sells three assets (Link)
  • πŸ”§ MDU Resources boosts capital investment plan (Link)
  • πŸ“‘ Carpenter Tech closes $700M notes offering (Link)
  • ⚑ FPL rate deal keeps bills low in Florida (Link)
  • πŸ”„ Goldfish Gold launches gold-backed stablecoin (Link)
  • πŸ“ PPL Capital prices $1B exchangeable notes (Link)

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