Like most of its central banking peers, the Federal Reserve will likely sit on its hands at this week's meeting, blinded by the multiple crosswinds from U.S. economic policy upheaval and plans for sweeping tariff hikes. * Several U.S. national security agencies have suspended certain efforts to counter Russian sabotage, disinformation and cyberattacks, potentially lifting some pressure off Moscow, according to Reuters exclusive reporting. * A U.S. federal judge has blocked billionaire Elon Musk and DOGE from taking any more steps to shut down the U.S. Agency for International Development, saying their efforts to close the foreign aid agency were likely unconstitutional.
Crypto Daybook Americas: Memecoins Take Off on Tron While Bitcoin Looks to FOMC
Your day-ahead look for March 19, 2025
You'll Regret Making This 1 Mistake With Bitcoin Right Now
If you're patient enough, it's feasible to set and forget your investment in Bitcoin (CRYPTO: BTC), though it's probably a better idea to pay attention to it from time to time than it is to fully zone out. Fear of missing out (FOMO) is a powerful motivation for investors, especially in cryptocurrency. When you see an asset's price rise day over day, or even hour over hour, it's enormously tempting to smash a big wad of your cash into a new investment so that you capture the upside of the move rather than being left behind.
Where Will Dogecoin Be in 1 Year?
The price of the crypto is down 64% from all-time highs seen during late 2024.
Axel Springer weighs sale of marketing business Awin, sources say
German media group Axel Springer is considering a sale of its affiliate marketing unit Awin, according to three people familiar with the matter, following the planned break-up its owners agreed last year. The group has in recent weeks invited banks to pitch for an advisory role to help sell Awin, which helps publishers promote advertisers’ products, two of the people said. A spokesperson for Axel Springer declined to comment.
Nvidia GTC: Here's what Wall Street is saying about Jensen Huang's performance
Did Nvidia do enough to reawaken the bull narrative on the stock? Wall Street weighs in.
Wall Street gains with all eyes on Fed rate decision
Wall Street's main indexes rose on Wednesday ahead of the Federal Reserve's widely anticipated monetary policy decision, at a time when worries linger about trade policies and their impact on the economy. Traders see the Fed lowering borrowing costs by at least two 25-basis point cuts by December, with the first expected in July, according to data compiled by LSEG. Focus will be on new economic projections from policymakers that will give an idea of how they feel U.S. President Donald Trump's policies will affect economic growth, inflation and unemployment.
An Insurer Taps Its Financial-Adviser Network to Sell Private-Market Funds
Lincoln Financial is teaming up with Bain Capital and Partners Group to launch two new funds aimed at everyday investors.
Samsung Vows to Reclaim Ground in AI Memory Market With Rollout
(Bloomberg) -- Samsung Electronics Co. pledged to strengthen its position in the high-bandwidth memory chip market this year, in response to shareholder criticism over its underperformance in the lucrative artificial intelligence arena.Most Read from BloombergNYC Plans for Flood Protection Without Federal FundsDespite Cost-Cutting Moves, Trump Plans to Remake DC in His StyleA Malibu Model for Residents on the Fire FrontlinesThe Scary Thing About the Wildfire That Was StoppedJun Young-hyun, head
With interest rates on hold, Fed's economic projections take center stage
The Federal Reserve is expected to hold interest rates steady on Wednesday, with new economic projections out from policymakers that will show if they still see rates moving lower by the end of the year as they sort through the implications of the first two months of the Trump administration. A new policy statement and the projections will be released at 2 p.m. EDT (1800 GMT) at the end of a two-day meeting focused on how the economic outlook has shifted since President Donald Trump's January 20 inauguration. Fed Chair Jerome Powell is scheduled to hold a press conference a half hour later.