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Friday’s eye-popping jobs number is likely to energize a debate already dividing Federal Reserve officials over whether their policy setting is slowing the economy as much as they had predicted. Employers added 272,000 new jobs in May, exceeding all estimates in a Bloomberg survey. On top of that, average hourly earnings over the past 12 months ticked up ...
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Matthew Sigel, head of digital assets research at VanEck, sat down with CNBC Crypto World to discuss the asset manager's new price target for ETH and the SEC's decision to approve a rule change paving the way for spot ether ETFs. He also weighs in on recent regulatory developments on Capitol Hill and bitcoin miners pouring millions of dollars into AI ...