McDonald’s won’t be lovin’ Bitcoin, SEC confirms
The National Center for Public Policy Research, a McDonald's shareholder, pushed the fast food giant to consider it, despite a lack of interest.
S&P 500 Gains and Losses Today: Newmont Shares Soar as Gold Hits Fresh High
The S&P 500 added 1.8% on Friday, April 11, 2025, closing out a turbulent week for the stock market as investors reacted to the latest announcements on tariffs.
Gold is a better bet than Treasurys to weather the market storm, says BlackRock strategist
Gold hit $3,200 for the first time on Friday. Wei Li, chief investment strategist at BlackRock, said it was a "better diversifier" than Treasury bills.
Fed Officials Are Bracing For Higher Inflation, Slower Growth From Tariffs
Officials at the Federal Reserve said this week that the U.S. economy is in for higher inflation and slower growth as President Donald Trump's trade war heats up. Several Fed officials indicated that inflation is their biggest concern.
Trump's 90-day tariff pause isn't enough to stop the stock market falling further
US indexes were back in sell-off mode, and China's latest retaliatory tariff further escalates the trade war.
Casey's General Stores Stock Gains Another Bull
The Iowa-based gas station and convenience store chain could be well-positioned to expand and relatively insulated from tariffs, KeyBanc analysts said.
CoinDesk Weekly Recap: Crypto Emerges From the Tariff War
Plus: Paul Atkins was confirmed and ETH ETF options were approved.
Stocks jump at end of roller-coaster week while de-dollarization trade continues to slam the greenback and U.S. bonds
Elsewhere in financial markets, the mood was gloomier and pointed to deteriorating confidence in U.S. assets.
American Express Stock Gets an Upgrade on View It Would be Resilient in a Recession
Analysts from Bank of America on Friday upgraded American Express stock to a "buy" rating, saying the credit card provider should be resilient through a potential downturn or recession.
Texas Instruments (TXN) Stock Trades Down, Here Is Why
Shares of analog chip manufacturer Texas Instruments (NASDAQ:TXN) fell 8.3% in the morning session after China Semiconductor Industry Association issued an emergency directive detailing new methods for verifying the origin of imported chips. According to reports, the location of the wafer fabrication plant would define the origin of imports when tariffs are applied. This meant that companies with manufacturing facilities in the US might be severely affected by the escalating US-China trade tensi