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Max Keiser jokes Michael Saylor could “buy Manhattan" as Strategy's Bitcoin holdings soar past $47B, fueling a fresh BTC rally. But, critics are not convinced.

NEW YORK (Reuters) -Americans' view on labor markets soured in March as respondents to a Federal Reserve Bank of New York survey sharply trimmed back the payrate they said would get them to take a new job. The bank reported as part of its Survey of Consumer Expectations that the so-called reservation wage for a new job fell to $74,236 last month, versus the series high of $82,135 seen in November data. Consumers have reported rising anxiety about the outlook and near-term inflation as President Donald Trump has launched a global trade war while at the same time working to eviscerate the federal government.

TD Cowen analysts evaluated the Strategy’s treasury activity against bitcoin trading volume and price action over the past six months.

Hertz shares fell Monday, erasing some of last week's gains after billionaire Bill Ackman’s Pershing Square disclosed a large stake in the company.

U.S. equities tumbled at midday as President Donald Trump continued his criticism of Federal Reserve Chair Jerome Powell and no changes in U.S. tariff policies were announced.

U.S. stocks tumbled in early trading on Monday as President Donald Trump escalated his criticism of the Federal Reserve, urging the central bank to immediately lower interest rates and questioning the policy approach of Fed Chair Jerome Powell. The comments came days after Trump said he was eager for Powell’s "termination" despite a longstanding norm of political independence at the central bank. The tech-heavy Nasdaq declined 3%.

President Donald Trump repeated his attacks Monday against the chair of the Federal Reserve, demanding that the central bank lower its key interest rate to boost the economy. Trump called Powell “a major loser” and said that energy and grocery prices are “substantially lower” and “there is virtually No Inflation.” Trump's comments drove the stock market and the dollar lower as investors in the U.S. and overseas grow increasingly wary about the economic standing of the U.S. On Friday, a top White House adviser said the administration is studying whether it can fire Powell, a move that would undermine the Fed's independence and likely send shock waves through global financial markets.

Klaus Schwab, the founder of the World Economic Forum, best known for hosting an annual meeting of political, business and other elites in the Swiss Alpine town of Davos, is retiring as chairman more than a half-century after creating the Geneva-based think tank, the forum said Monday. The forum quoted Schwab, 87, in a statement as saying he was stepping down “with immediate effect." A search committee has been set up to choose a permanent successor.

Leading crypto companies, including Circle and Coinbase, are reportedly planning to secure banking charters or licenses.

(Bloomberg) -- Bitcoin rallied to its highest level since Donald Trump’s tariff announcements in early April as the dollar slumped amid renewed fears over the US president’s efforts to remove Federal Reserve Chairman Jerome Powell. Most Read from BloombergDOGE Visits National Gallery of Art to Discuss Museum’s Legal StatusTrump Administration Takes Over New York Penn Station RevampTrump Gives New York ‘One Last Chance’ to End Congestion FeeThe Racial Wealth Gap Is Not Just About MoneyNashville’s