Cryptocurrency market hours: Do crypto markets close?
Here’s how crypto market hours work and what you need to know before investing.
The ‘Oracle of Wall Street’ says home prices need to fall 20% to end the ‘generational schism’
“For homes to be affordable, that’s going to have to happen,” Meredith Whitney recently said.
Trump’s Bold Move Could Make Crypto Gains Tax-Free: The 3 U.S. Tokens Set to Skyrocket
If capital gains taxes on American crypto tokens are eliminated, projects like Cardano, Solana, and Constellation (DAG) could see unprecedented growth. Here’s why these U.S.-based tokens are poised to win big.
US labor market still boosting inflation, San Francisco Fed economists say
A tight U.S. labor market is still adding to inflationary pressures, though less so than it did in 2022 and 2023, according to research published on Monday by the San Francisco Federal Reserve. "Declines in excess demand pushed inflation down almost three-quarters of a percentage point over the past two years," San Francisco Fed economists Regis Barnichon and Adam Hale Shapiro wrote in the regional Fed bank's latest Economic Letter. The finding, based on an analysis of the relationship between inflation and labor market heat as measured by the ratio of job openings to job seekers, could help inform Fed policymakers as they weigh how much further and at what pace to reduce short-term borrowing costs.
World’s Top Oil-Refining Hub Is Running Hard as Exports Boom
(Bloomberg) -- US Gulf Coast refineries are running the hardest for this time of the year in more than three decades as they rush to take advantage of strong fuel demand from Mexico and Brazil.Most Read from BloombergIn Cleveland, a Forgotten Streetcar Bridge Gets a Long-Awaited LiftParis to Replace Parking Spaces With TreesAmtrak Wins $300 Million to Fix Its Unreliable NJ-to-NYC ServiceA Bug’s Eye View of Mexico City’s Modernist ArchitectureNew York’s Transit Agency Approves $9 Congestion Prici
Tesla stock jumps on report Trump could ease self-driving regulations
Tesla stock is jumping on Monday as more news rolls in that CEO Elon Musk’s bet on President-elect Trump is paying off.
Stellantis CEO says will adapt to U.S. market under Trump
Stellantis' will adapt to changes in the U.S. car market expected under a Trump government, CEO Carlos Tavares said on Monday, with a platform that can offer electric, hybrid or gasoline versions of its models. President-elect Donald Trump's transition team is planning to kill the $7,500 consumer tax credit for electric-vehicle purchases as part of broader tax-reform legislation, two sources with direct knowledge of the matter told Reuters last week. Ending the tax credit could have grave implications for an already stalling U.S. EV transition.
Why traditional banks may soon have no choice but to accept crypto
As crypto gains traction, traditional finance grapples with the need to adapt or risk obsolescence.
Wall Street forecasts 'normal' year for stocks in 2025 after historic rally
After two years of massive gains in the S&P 500, one of Wall Street's biggest bulls thinks the rally will take a "breather" in 2025 as small stocks lead the index higher.