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The U.S. Treasury yield curve, one of the most reliable signals of recession, is flashing red again. As of March 2025, the spread between the 10-year and 2-year Treasury yields remains inverted, a condition similar to that preceding every U.S. recession of the last five decades. Historically, an inverted yield curve makes the cost of borrowing in short terms more expensive than in longer ones—an unusual condition in well-functioning economies. It is often taken as a sign that monetary policy is too tight and an economic slowdown is on the way. The 10y-1y yield curve is also inverted, reinforcing recession…

It’s time for a showdown between two of the most important cryptocurrencies in 2025. In one corner, XRP (CRYPTO: XRP) backed by Ripple, aims to revolutionize the traditional financial system with its blockchain-based payment alternative. On the other side of the ring, Solana (CRYPTO: SOL) is fueling the Web3 revolution with its lightning-fast network, home to a growing number of decentralized apps (dApps), smart contracts, and even meme coins. XRP has outperformed recently, up 14% year to date as I write this, in sharp contrast to the volatility facing Solana, down about 33%. Yet, going back two years, a $1,000…

KARACHI: Former Australian opener David Warner has been appointed as the captain of HBL Pakistan Super League side Karachi Kings, the franchise announced on Monday. The upcoming PSL season will mark Warner’s maiden appearance in the cash-rich T20 league after he became Karachi Kings’ first pick during the tournament’s player draft in January. The flamboyant left-hander’s appointment as Karachi skipper comes at the expense of Shan Masood, who steps down from the position after one season in charge, which saw the team finish fifth in the points table. “Shan Masood’s steadfast leadership during HBL PSL 9 laid the groundwork for…

Maskot | Digitalvision | Getty ImagesTo get by these days, more young adults turn to a likely source for help: their parents.For the first time, 50% of parents with a child older than 18 provide them with at least some financial support, according to a new report by Savings.com. That’s up from 47% last year and 45% in 2023.From buying food to paying for a cellphone plan or covering health and auto insurance or even rent, these parents are shelling out about $1,474 a month, on average, the report found — a three-year high.”Adulting is expensive,” the report notes.More from…

CNN  —  Summary President Donald Trump appears to be softening his tariff approach before the April 2 ‘Liberation Day’ deadline. Trump hinted at potential carve-outs and delays for auto, pharmaceutical and semiconductor tariffs. This marketing strategy presents a less severe tariff plan than previously threatened. Trump still favors reciprocal tariffs, which he frames as fair responses to other countries’ practices. India is reportedly preparing to lower tariff rates ahead of the April 2 deadline. This summary was AI-generated and reviewed by CNN editors. President Donald Trump’s tariff ambitions have been a tough sell. They’ve put investors in a tizzy, sending…

The 35th National Games will be held in Karachi from May 1 to 9, it was decided during a meeting on Tuesday, chaired by Sindh Sports Minister Sardar Muhammad Baksh Mahar. The nine-day event will be held under the supervision of the Sindh Olympic Association (SOA), of which Mahar is president, with the support of the Sindh government. Pakistan Olympic Association Secretary Khalid Mahmood was also present on the occasion. The Sindh government had completed all preparations for hosting the games, he said. Officials from sports federations and associations of all provinces were in attendance at today’s meeting, including Sports…

The Dogecoin Foundation’s corporate arm, House of Doge, has purchased over 10 million dogecoin (DOGE), worth just over $1.8 million, as part of a broader DOGE reserve strategy. House of Doge is the Foundation’s corporate and commercialization unit, which was formed in February with a five-year deal in place. It hopes to position DOGE as a payment currency, away from its predominant existence as a memecoin, as part of a framework to show it can be used for everyday payments at very low fees. House of Doge added it will unveil partnerships with various payment processors in the coming months.…

Hinterhaus Productions | Digitalvision | Getty ImagesFor decades, women have faced an uphill battle in the workplace.Even now, although women are achieving increasing levels of education and representation in senior leadership positions at work, there remains a stubborn pay gap and promotion gap.Equal Pay Day — which this year falls on March 25 — is a reminder of the persistent income inequality between men and women. The date marks just how far into the new year full-time female workers have to keep working to make what their male counterparts typically made in just the previous year.As it stands, women earn just 83 cents for every…

Washington CNN  —  America’s economic mood continues to deteriorate as President Donald Trump carries on with his sweeping economic agenda. Consumer confidence slid 7.2 points this month to a reading of 92.9, the Conference Board said Tuesday in its latest survey, reaching its lowest level since January 2021 and extending a decline that began in December, after the US presidential election. March’s decline was similar to February’s, underscoring the growing pessimism among US consumers. Not only are Americans expecting higher inflation this year, but more of them are also predicting that the economy will slip into a recession, the Conference…

Dogecoin (CRYPTO: DOGE) was founded in 2013 by two friends who thought the cryptocurrency industry was taking itself too seriously. Inspired by the “Doge” meme that was spreading across the internet at the time, they created Dogecoin as a joke (in their own words). Little did they know it would become one of the most valuable cryptocurrencies on Earth in 2021, reaching a peak valuation of around $90 billion. But it spiraled from there and lost more than 90% of its value by mid-2022. Unfortunately, Dogecoin has almost no real-world utility, and speculative frenzies never last. So it simply couldn’t…