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US wholesale inventories rise 0.2% in June

ISTANBUL: Wholesale inventories in the US increased 0.2% in June, compared to the previous month, according to Commerce Department figures that were released Wednesday.

The figure, which measures the change in the total value of goods held in invento…

Cryptocurrencies down over 2% despite launch of Ethereum ETFs

ISTANBUL: Cryptocurrencies were down more than 2% Tuesday, despite the launch of Ethereum exchange-traded funds (ETFs) on major US stock exchanges.

The value of the cryptocurrency market stood at $2.4 trillion at 5.11 p.m. EDT, down 2.64% for the day…