Emerging market stocks have dropped to levels last seen in mid-September, with the downturn exacerbated by Donald Trump's victory and a Republican sweep of the U.S. Congress. The iShares MSCI Emerging Markets ETF (NYSE:EEM) has slumped 7% over the past month, with the iShares MSCI China ETF (NYSE:MCHI) and the iShares Mexico ETF (NYSE:EWW) underperforming — down 10.1% and 7.8%, respectively. Trump’s win and full Republican control of Washington, D.C. raise critical questions for emerging markets
Bitcoin’s Speculative Frenzy Begins to Show Signs of Cooling in Futures Market
(Bloomberg) -- The record-breaking rally in Bitcoin since Donald Trump’s US presidential election victory is beginning to show signs of slowing in the derivatives market. Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesZimbabwe City of 700,000 at Risk of Running Dry by Year-EndNYC Congestion Pricing Plan With $9 Toll to Start in JanuarySaudi Neom Gets $3 Billion Loan Guarantee From Italy Export Credit Agency SaceThe Urban-Rural Divide Over Highway Expansion and E
How Tokenized Money Market Funds Dulled the Stablecoin Star
Regulatory uncertainty around yield-bearing stablecoins has allowed regulated tokenized yield-bearing instruments like money market funds to steal thunder, says Aaron Kaplan, co-CEO of Prometheum.
Analyst updates Amazon stock price target on innovation
This is what could happen next to Amazon shares.
57% of Institutional Investors Are Bullish on Crypto
According to Sygnum Bank's Future Finance report, institutional investors are increasingly optimistic about cryptocurrencies. According to the report, 57% of respondents intend to increase their cryptocurrency allocation. Of these, 31% plan to do so during the next quarter. Clearer worldwide ...
What's Going On With Ford Motor Stock Today?
Ford Motor Company (NYSE:F) shares are trading slightly higher on Thursday. Today, the company has agreed to a consent order with the National Highway Traffic Safety Administration (NHTSA), including a civil penalty of $165 million for failing to meet federal recall requirements. This marks the second-largest civil penalty in NHTSA’s history, following the Takata airbag scandal. The penalty stems from Ford’s delayed recalls of vehicles with defective rearview cameras and its failure to provide a
JPMorgan AM Says ‘Foggy’ 2025 Set to Keep Fed on Hold Next Year
(Bloomberg) -- The Federal Reserve is likely to pause its interest-rate cuts after December to assess the economic impact of policies under President-elect Donald Trump, Karen Ward, chief market strategist for Europe, the Middle East and Africa at JPMorgan Asset Management, said. Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesZimbabwe City of 700,000 at Risk of Running Dry by Year-EndNYC Congestion Pricing Plan With $9 Toll to Start in JanuarySaudi Neom Gets $3
Gensler Makes Pitch on Crypto Rules Ahead of New Trump Tack
(Bloomberg) -- Gary Gensler is making a final pitch for how the SEC should be allowed to regulate cryptocurrency markets ahead of the incoming Trump administration and its enthusiasm for digital assets. Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesZimbabwe City of 700,000 at Risk of Running Dry by Year-EndSaudi Neom Gets $3 Billion Loan Guarantee From Italy Export Credit Agency SaceThe Urban-Rural Divide Over Highway Expansion and EmissionsIn remarks prepared
Cracker Barrel Stock Rolls Higher as Restaurant Sales Improve
Cracker Barrel Old Country Store shares rose after the company’s preliminary first quarter revenue and adjusted earnings beat analysts’ expectations Thursday.
Trump’s Ally Lummis Pushes to Sell Some of the Fed’s Gold to Buy Bitcoin
(Bloomberg) -- An ally of Donald Trump in the US Senate has a plan for filling up the president-elect’s proposed strategic Bitcoin stockpile without adding to the government deficit: Sell off some of the Federal Reserve’s gold. Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesZimbabwe City of 700,000 at Risk of Running Dry by Year-EndSaudi Neom Gets $3 Billion Loan Guarantee From Italy Export Credit Agency SaceThe Urban-Rural Divide Over Highway Expansion and Emis