A 50 Basis Points Fed Rate Cut Could Raise Alarm for Bitcoin (BTC), Crypto Research Firm Warns
Rate moves are expressed in “basis points (bps),” equal to 1/100 of a percentage point and central banks, including the…
Jerome Powell met Jamie Dimon and other bank CEOs behind closed doors to avoid legal fight
Federal Reserve Chair Jerome Powell recently attended a closed-door meeting with a group of big-bank CEOs, encouraging them to work…
Stocks Rise as CPI ‘Checks The Box’ for Fed Cuts: Markets Wrap
(Bloomberg) -- Stocks rose after an in-line US inflation report did little to alter bets the Federal Reserve will start…
Elon Musk pitches himself to Donald Trump as a leader to audit government spending
The interview was initially delayed by technical difficulties, but once it started it became a wide-ranging discussion that covered last…
Fed official says no rate cuts yet, inflation still above target
Federal Reserve Bank of Kansas City President Jeffrey Schmid signaled he’s not ready to support a reduction in interest rates…
Crypto-Friendly Bank Ordered by U.S. Federal Reserve to Limit Risks From Digital Asset Clients
Under the order, the bank has to soon provide the Fed a series of written plans and a new approach…
Robinhood and Nvidia lead market plunge amid economic jitters
U.S. equities plunged on Monday, part of a wave of selling globally, as investors braced for days of volatility amid…
Renter households surged at triple the rate of homeowners
Home prices are high, mortgage rates are high, and rents are high, too. But America’s renter population is progressing three…
S&P 500 Is Set for Worst Jobs Day in Two Years: Markets Wrap
(Bloomberg) -- The selloff in stocks intensified and bond yields plunged after a weak jobs report fueled worries the Federal…
Stocks Rise Before Fed With Earnings in Full Swing: Markets Wrap
(Bloomberg) -- A selloff in the world’s largest technology companies sent stocks down, with traders also bracing for central bank…
