US stocks slide and Nasdaq enters correction as chaos over Trump’s tariffs intensifies
The rocky week on Wall Street continued on Thursday as investors grappled with further uncertainty from President Donald Trump’s tariffs.
The rocky week on Wall Street continued on Thursday as investors grappled with further uncertainty from President Donald Trump’s tariffs.
“This proposal positions crypto assets as a new asset class that is different from securities," a parliamentarian said.
The Bank of England must slash interest rates to shore up the struggling economy, a top policymaker has warned, rejecting Andrew Bailey’s call for “gradual and careful” steps on borrowing costs.
Crypto influencer WendyO slams JPMorgan for dismissing XRP, Solana, and Cardano in the U.S. crypto reserve debate, accusing the bank of contradicting its own stance on digital assets.
Shares of Intuitive Machines tumbled on Thursday amid uncertainty about the status of its Athena lander’s attempt to touch down on the surface of the moon today.
NEW YORK (Reuters) -Federal Reserve Governor Christopher Waller said on Thursday he leans strongly against a rate cut at the Fed's upcoming policy meeting this month, although he reckons cuts later in the year remain on track if inflation pressures continue to abate. In discounting an easing at March 18-19 Federal Open Market Committee, Waller indicated he simply will not have the inflation data in hand to know whether cutting what’s now a 4.25% to 4.5% federal funds rate range is justified, especially amid the heavy uncertainty created by President Donald Trump’s trade agenda.
(Bloomberg) -- Oil eked out a marginal gain after a session of whipsawing as US President Donald Trump’s moved to delay tariffs on imports from Canada and Mexico. Most Read from BloombergTrump Administration Plans to Eliminate Dozens of Housing OfficesNJ College to Merge With State School After Financial StressRepublican Mayor Braces for Tariffs: ‘We Didn’t Budget for This’How Upzoning in Cambridge Broke the YIMBY MoldNYC’s Finances Are Sinking With Gauge Falling to 11-Year LowWest Texas Interme
Texas' bitcoin strategic reserve bill clears its senate, while New Hampshire marks a committee win and Utah teeters on a deadline this week.
Charles Hoskinson was excluded from the White House Crypto Summit despite President Trump's planned U.S. national crypto reserve including Cardano without his consultation.
Shares of electric vehicle pioneer Tesla (NASDAQ:TSLA) fell 6.4% in the afternoon session as markets tumbled after holding steady the previous day, while concerns over the ongoing trade war continued to spread.