Former top Trump administration economic adviser Gary Cohn said some policy certainty from the Trump administration would be helpful to markets.
Oil Dips as Traders Assess Impact of Ceasefire on Russian Flows
(Bloomberg) -- Oil dipped, halting the longest rally in almost three months, after Ukrainian President Volodymyr Zelenskiy agreed to implement a partial truce, raising expectations that Russian crude will soon flow freely. Most Read from BloombergThey Built a Secret Apartment in a Mall. Now the Mall Is Dying.Why Did the Government Declare War on My Adorable Tiny Truck?Trump Slashed International Aid. Geneva Is Feeling the Impact.Chicago Transit Faces ‘Doomsday Scenario,’ Regional Agency SaysHow
Trump's crypto empire set to expand with new stablecoin and investment fund offerings
President Donald Trump’s crypto empire is expanding with the recent announcements of a new dollar-backed stablecoin and investment funds for digital assets. The moves are the latest in the norm-defying ways the president has leaned into crypto projects that could significantly boost his personal wealth while in office. World Liberty Financial, a cryptocurrency venture Trump helped launch last year, announced Tuesday that it plans to launch USD1, a stablecoin pegged at a 1-to-1 ratio to the U.S. dollar.
A $41B Investment Firm Wants to Stick With Just Bitcoin ETFs as Safer Bet
The investment firm and provider of exchange-traded funds (ETFs) launched three protected bitcoin ETFs earlier this year, but it won’t do the same for Ethereum.
International Paper Stock Leads S&P Gainers on New Growth Targets
International Paper stock led gainers on the S&P 500 on Tuesday after the packaging maker outlined rosy growth projections at its annual investor day.
SEC’s Hester Peirce on risks that crypto could pose to traditional markets (and how she’s avoiding them)
The Head of the Crypto Task Force weighs in on memecoins, investor protections, and how the SEC plans to safeguard crypto markets.
Retail Trading Platform eToro Files for US IPO, Reports Surging Crypto Demand
Retail trading platform eToro filed to go public in the U.S., disclosing that its commissions surged last year amid rising demand for cryptocurrency markets.
Crown Castle Stock Drops on CEO Termination After Under 1 Year at Helm
Crown Castle shares fell in intraday trading Tuesday after the provider of towers and other communications infrastructure announced it was firing Steven Moskowitz as its CEO after less than a year at the helm.
UPS Stock Closes at Lowest Level in Nearly 5 Years
The Stock Led S&P 500 Decliners on Tuesday
Oil loading slows at Venezuela's ports amid US tariffs, license termination, data shows
(Reuters) -Loading of Venezuela's heavy crude at its main oil ports slowed this week after the U.S. imposed a tariff on trade with countries buying the South American nation's oil and producer Chevron began reducing its tanker fleet there, according to shipping data and a document seen on Tuesday. On Monday, U.S. President Donald Trump's administration published an executive order declaring that any country buying oil or gas from Venezuela will pay a 25% tariff on trades with the U.S. starting in early April. Washington also extended until May 27 a deadline for Chevron to wind down operations in Venezuela.