News

The Fed’s reliance on data has made it too slow in deciding whether to cut rates, which could mess up the soft landing, says Fundstrat managing partner Tom Lee.

(Bloomberg) -- Oil headed for a weekly loss — after hitting the lowest close since January midweek — on a challenging demand outlook, and US efforts to secure a cease-fire in Gaza.Most Read from BloombergChicago's Migrant Surge Is Stirring Trouble for Democrats in DNC Host CityUK Transport Minister Clears Path for More 20mph Speed ZonesWith Self-Driving Vans, Hamburg Tries to Make Microtransit WorkThe Serious Work That Free Play Can DoWest Texas Intermediate was steady near $73 a barrel, more th

"A possible hawkish surprise might be highlighting instead that broad financial conditions are still quite easy," Goldman Sachs said.

As the crypto industry fights for clarity on stablecoin oversight, Anchorage insists that its novel program operates outside the jurisdiction of the SEC.

(Bloomberg) -- Asian equities faced early declines on Friday after markets adjusted wagers on the pace of US interest-rate cuts ahead of Jerome Powell’s Jackson Hole appearance.Most Read from BloombergChicago's Migrant Surge Is Stirring Trouble for Democrats in DNC Host CityUK Transport Minister Clears Path for More 20mph Speed ZonesWith Self-Driving Vans, Hamburg Tries to Make Microtransit WorkThe Serious Work That Free Play Can DoStock futures for Japan, Australia and Hong Kong dropped, echoin

Large-scale bitcoin mining raises concerns about centralization, but experts see opportunities in diversification and energy efficiency.

A Southern California woman fed up with her packages getting stolen out of her post office box sent an Apple AirTag to the address and cleverly tracked down the suspected thief, police said. The woman had had several items stolen from her mailbox at the Los Alamos Post Office already when she thought of the idea, the Santa Barbara County Sheriff’s Office said Tuesday. On Monday morning, sheriff's deputies were called to the post office where the woman told officials her mail had been stolen again — including the package with the AirTag.

A surprise profit on the bottom line helped lift the drone company's U.S.-listed equity sharply higher.

Traditional gaming studios face hurdles adapting to blockchain and NFTs, but new ventures are driving innovation.

Shares in an investor favorite during the early months of the COVID-19 pandemic jumped to their highest level in six months.