#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines Jerome H. Powell, chair of the Federal Reserve, said the central bank is focused on the “net effect” of President Trump’s sweeping economic agenda amid high uncertainty about which policies will actually be enacted, as he reiterated that officials are still not in…
#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines On the night of Feb. 21, Ben Zhou, the chief executive of the cryptocurrency exchange Bybit, logged on to his computer to approve what appeared to be a routine transaction. His company was moving a large amount of Ether, a popular digital currency,…
#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines The European Central Bank lowered interest rates on Thursday, the sixth consecutive cut, as the economic landscape for the region rapidly changes. The bank’s key rate was cut by a quarter point to 2.5 percent, which was widely expected as inflation in the…
#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines Stocks fell sharply on Monday afternoon after President Trump affirmed tariffs on imports from Canada and Mexico, dashing investors’ hopes of a last-minute reprieve and intensifying concern that the sweeping tariffs could hit corporate profits and fuel inflation. The S&P 500 fell 1.8…
#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines Over lunch last week with a friend of mine — a major technology investor who has been an ardent Democrat — the talk quickly turned to politics. Like many businessmen, he refuses to air his views publicly to avoid drawing fire. In private,…
#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines Fresh off the worst inflation shock in decades, Americans are once again bracing for higher prices. Expectations about future inflation have started to move up, according to metrics closely watched by officials at the Federal Reserve. So far, the data, including a consumer…
#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines When Elon Musk bought X for $44 billion in 2022, more than a quarter of that was financed by loans from banks including Morgan Stanley. Banks normally quickly sell off such loans, but in this case they kept much of that debt because…
#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines Stocks on Wall Street slumped at the start of trading on Wednesday, dragged lower by data that showed consumer prices rose more than expected in January, leaving the Federal Reserve little cause to lower interest rates again soon. The S&P 500 fell roughly…
#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines President Trump promised voters that, if elected, he would enact policies that would bring prices down on “Day 1” in office. But three weeks into his term, Mr. Trump and White House officials have become more measured in how they discuss their efforts…
#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines President Trump on Tuesday named two nominees to lead top financial regulators: Jonathan McKernan for director of the Consumer Financial Protection Bureau and Jonathan Gould as the comptroller of the currency. The consumer bureau has been in turmoil for days after Russell Vought,…
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