U.S. equities were higher at midday, lifted by tech shares ahead of today's much-anticipated earnings report from Nvidia.
A Smarter Way to Crypto Diversification?
Institutional investors are increasingly allocating to crypto, but the key question is whether to focus solely on bitcoin or diversify across multiple cryptocurrencies to optimize risk-adjusted returns and portfolio resilience.
BofA and BlackRock pare 'diversity' from reports as Wall Street's DEI retreat mounts
Bank of America and BlackRock are scrapping mentions of diversity from their annual reports as scrutiny of DEI policies intensifies across Wall Street.
Advance Auto Parts Stock Sinks on Soft Q1 Sales Projections
Advance Auto Parts shares fell sharply Wednesday after the retailer's lackluster current-quarter sales projections outweighed solid fourth-quarter results.
Best money market account rates today, February 26, 2025 (up to 4.51% APY)
Looking for the best money market account interest rates available today? Here’s a look at where to find the highest rates and whether now is a good time to open a money market account.
Fed's quantitative tightening expectations upended by debt-ceiling worries
Expectations for the future path of the Federal Reserve's balance sheet drawdown process have been scrambled in the wake of last week's readout of January's policy meeting, which showed central bankers concerned about how the effort to shed bonds might collide with dynamics around the federal debt ceiling. Until a few days ago many banks had been pushing back their expected end date for the Fed's drawdown of its Treasuries and mortgage-backed securities - a process called quantitative tightening - but there's now no solid consensus as to how the U.S. central bank will proceed with shrinking the holdings over the coming months. This fragmentation follows the release of the minutes of the policy-setting Federal Open Market Committee's January 28-29 meeting, when "various" policymakers said they were open to pausing or slowing the reduction of Fed-owned Treasury and mortgage bonds to navigate uncertain money market conditions as Congress sorts out government finances and a statutory cap on the federal debt that came back into force last month.
Metallicus, Payfinia offer crypto service access to US credit unions
Payfinia will become a preferred API and payment services partner for Metallicus's Metal Pay.
TJX Stock Touches Record Levels After Retailer Tops Q4 Estimates
TJX Companies stock rose on Wednesday, approaching record levels after the retailer reported better-then-expected results that offset a disappointing outlook.
A mixed weekend for crypto
The SEC dropped crypto enforcement actions against two companies, but the DOJ handed a half billion dollars in penalties to another. A fourth was hit with a record hack.
Trump’s Big-Picture Economist Already Has Wall Street Hooked
(Bloomberg) -- It’s no secret that President Donald Trump wants to dismantle the global economic order. Less clear is what he’ll try to build in its place — and Wall Street has turned to Stephen Miran for clues.Most Read from BloombergThe Trump Administration Takes Aim at Transportation ResearchShelters Await Billions in Federal Money for Homelessness ProvidersNYC’s Congestion Pricing Pulls In $48.6 Million in First MonthNew York’s Congestion Pricing Plan Faces Another Legal ShowdownNYC to Shut