Tomasz Tunguz, known for his enterprise software bets, plans to invest one-third of his new $450 million fund into crypto.
Bowman Says Fed Should Proceed ‘Cautiously’ With Rate Cuts
(Bloomberg) -- Federal Reserve Governor Michelle Bowman reiterated that she prefers to lower interest rates cautiously, emphasizing underlying inflation remains “uncomfortably” above the central bank’s 2% goal. Most Read from BloombergNYC’s Run-Down Bus Terminal Gets Approval for $10 Billion RevampKansas City Looks Back on its Long, Costly Ride With MicrotransitAs Wars Rage, Cities Face a Dark New Era of Urban DestructionBowman said upside risks to price growth remain “prominent.” She noted prog
Exclusive: Mark Cuban Says Crypto Hasn’t Had Its ‘Instagram Moment’ Yet, Despite Bitcoin Reaching All-Time Highs
On-chain data shows strong buying activity among both institutional and retail investors.
Crypto Daybook Americas: It's Glass Half Full Despite Record Short Bitcoin ETF Volume
Your day-ahead look for Dec. 6, 2024
US Consumer Sentiment Rises Along With Inflation Expectations
(Bloomberg) -- US consumer sentiment rose to the highest since April, while year-ahead inflation expectations picked up to a five-month high as Democrats saw a greater risk of price pressures from anticipated tariffs.Most Read from BloombergNYC’s Run-Down Bus Terminal Gets Approval for $10 Billion RevampKansas City Looks Back on its Long, Costly Ride With MicrotransitAs Wars Rage, Cities Face a Dark New Era of Urban DestructionThe preliminary December sentiment index climbed to 74 from 71.8, acc
Bitcoin Breaches $100K: 2 Crypto Miners to Buy
With Bitcoin breaching the highly-watched $100K mark, investors are fully coming around to the momentum in crypto. And these two miners have seen their shares pop thanks to the bullish price action in BTC.
Chevron Slows Permian Growth in Hurdle to Trump Oil Plan
(Bloomberg) -- Chevron Corp. plans to slow production growth in the biggest US oil field next year in the most definitive sign yet that President-elect Donald Trump faces an uphill battle to ramp up American energy output.Most Read from BloombergNYC’s Run-Down Bus Terminal Gets Approval for $10 Billion RevampKansas City Looks Back on its Long, Costly Ride With MicrotransitAs Wars Rage, Cities Face a Dark New Era of Urban DestructionChevron will reduce capital expenditures in the Permian Basin to
Docusign Stock Soars as Profit Doubles Expectations on Strong Billings
Docusign's earnings and revenue exceeded forecasts as billings and subscription revenue jumped.
UK LCV market registers 10.5% growth in November 2024
The market saw 30,300 new vans, pick-ups, and 4×4s registered, marking the second-largest November on record, according to SMMT.
US Hiring Rebounds, But Rising Unemployment Keeps Fed Cut Alive
(Bloomberg) -- US hiring picked up in November and the unemployment rate increased, pointing to a moderating labor market rather than one that’s significantly deteriorating.Most Read from BloombergNYC’s Run-Down Bus Terminal Gets Approval for $10 Billion RevampKansas City Looks Back on its Long, Costly Ride With MicrotransitAs Wars Rage, Cities Face a Dark New Era of Urban DestructionNonfarm payrolls rose 227,000 last month following an upwardly revised 36,000 gain in October — a month constrain