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Solana daily transactions plummet 50% despite price rally: CryptoQuant

Key Takeaways Solana’s daily transactions have decreased by 50% although SOL token price is up. Speculative trading and sentiment may be driving SOL’s gains rather than organic network growth, per the report. Share this article Solana daily transactions have dropped 50% despite the network’s native token $SOL recently experiencing a price rally, according to CryptoQuant, … Read more

‘Companies are clearly hoarding workers’: Data shows job openings barely budget, layoffs and quits plummet

U.S. jobs openings were essentially unchanged million last month amid economic uncertainty arising from President Donald Trump’s trade policies and an impending government shutdown. The Labor Department reported Tuesday that job openings blipped up to 7.23 million from 7.21 million in July. Economists had forecast a drop to 7.1 million. The Job Openings and Labor Turnover … Read more

‘Not dire, not amazing, more meh’: Job market cools as quits plummet in stagnant labor picture

Employers posted 7.4 million job vacancies last month, a sign that the American job market continues to cool. The Labor Department reported Tuesday that job openings in June were down from 7.7 million in May and were about what forecasters had expected. The Job Openings and Labor Turnover Survey (JOLTS) showed that layoffs were little … Read more

WNBA All-Star prices plummet 48.4% as Caitlin Clark sits out injured

NEWYou can now listen to Fox News articles! Ticket prices for the WNBA All-Star Game steeply dropped after it was announced Caitlin Clark would miss the game with a groin injury.  Clark was slated to be an All-Star team captain in just her second season and would lead Team Clark on her home floor at … Read more

Japan exports fall at sharpest pace in 8 months as U.S. shipments plummet

Shipping container loads dock at Tokyo Bay. Japan is heavily reliant on exports (e.g., automobiles, electronics), faces risks from U.S. tariffs, especially on cars (a proposed 25% tariff during Trump’s first term was deferred but remains a concern). Higher tariffs could reduce Japan’s U.S. market access, increase consumer prices, and hurt GDP growth. However, Japan’s … Read more

GameStop shares plummet 20% as the video game retailer announces new capital raise after first Bitcoin purchase

Shares of GameStop, the video game retailer that recently pivoted to Bitcoin investment, plummeted on Thursday after the company announced plans to raise $1.75 billion in debt financing from investors, it’s second such plan in the past few months.  GameStop shares have tumbled 20% since the announcement, falling from $28.50 to $23. While the company … Read more

Trivago watched its revenue forecast plummet from $1 billion to nearly zero—so the company tapped a set of former interns to turn it around

Three out of four of Trivago’s top leaders—including the CEO Johannes Thomas (left sitting), CFO Wolf Schmuhl (right leaning), and CMO Jasmine Ezz (right sitting)—were all once interns. Now, they’re trying to turn the company from the brink of extinction back to bringing in billions in revenue. Courtesy of Trivago

Singapore’s luxury car sales plummet after money-laundering scandal

Stay informed with free updates Simply sign up to the Automobiles myFT Digest — delivered directly to your inbox. Luxury car sales in Singapore have plummeted as buyers shun ostentatious displays of wealth after the government raised taxes on the vehicles and stepped up due diligence checks in response to a $2bn money-laundering scandal. The … Read more

Fintech stocks plummet as Wall Street frets over consumer spending

People wait in line for T-shirts at a pop-up kiosk for the online brokerage Robinhood along Wall Street after the company went public with an initial public offering earlier in the day on July 29, 2021 in New York City. Spencer Platt | Getty Images It was a bad day for tech stocks, and a … Read more

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