Recession chatter is still making the rounds on Wall Street, but cooler inflation is quelling fears of a dire scenario for the Fed.
Why the market is wrong about Bitcoin’s future
Matt Hougan of Bitwise Asset Management explains why Trump's Bitcoin push is more bullish than the market thinks
Trump's tariffs could push Bitcoin below $75,000 in 2025, experts say
The world's second-largest crypto, Ether, could also face a price drop.
Stock market today: Tech rally leads Nasdaq, S&P 500 higher as Tesla, Nvidia surge after cool CPI print
Investors are digesting better-than-expected inflation data and bracing for the next move in Trump's escalating trade war.
Over 1,600 Financial Firms Tapped Fed’s Emergency Lending Tool
(Bloomberg) -- More than 1,600 financial firms and their subsidiaries tapped the Federal Reserve’s emergency lending program created to support the industry during the regional banking turmoil two years ago.Most Read from BloombergTrump DEI Purge Hits Affordable Housing GroupsNYC Congestion Pricing Toll Gains Support Among City ResidentsElectric Construction Equipment Promises a Quiet RevolutionOpen Philanthropy Launches $120 Million Fund To Support YIMBY ReformsProspect Medical’s Pennsylvania H
Trump dealt an unexpected blow to Wall Street
Wall Street thought the stock market would act as a check on the president. It's not panning out.
Top industry exec thinks Bitcoin reaching $150,000 is ‘pretty achievable’
Bitcoin could hit $150K or higher by the end of 2025, according to industry experts.
Morning Bid: Finally, a bounce on Wall Street. But for how long?
The CPI inflation report overshadowed the latest 'tit for tat' twist in the global trade war - U.S. President Donald Trump said he would slap further tariffs on European Union goods after the EU and other U.S. trading partners said they would retaliate for trade barriers already erected by the U.S. president. "Whatever they charge us, we're charging them," Trump said.
Stock of the Day: Intel spikes 5% after proposal for major AI firms to run company's chipmaking foundry
TSMC reportedly approached a handful of US AI chipmakers to potentially operate Intel's foundry in a joint venture.
American Eagle (NYSE:AEO) Reports Q4 In Line With Expectations But Stock Drops
Young adult apparel retailer American Eagle Outfitters (NYSE:AEO) met Wall Street’s revenue expectations in Q4 CY2024, but sales fell by 4.4% year on year to $1.6 billion. On the other hand, next quarter’s revenue guidance of $1.09 billion was less impressive, coming in 6.7% below analysts’ estimates. Its non-GAAP profit of $0.54 per share was 6.3% above analysts’ consensus estimates.