This is the latest U.S. state to drop plans for a Strategic Bitcoin Reserve
States across the country have recently scrapped or postponed Strategic Bitcoin Reserve bills.
BlackRock CEO Fink says nationalistic US policies to stoke inflation
HOUSTON (Reuters) -BlackRock CEO Larry Fink said on Monday that inflation in the United States will be elevated by nationalistic policies, including the deportation of workers. The head of the U.S. investment management company, speaking at the CERAWeek conference in Houston, added that markets are discounting inflation and there will be further cost increases over the next six to nine months. "I think if we all are becoming a little more nationalistic - and I'm not saying that's a bad thing, you know, it does resonate with me - that it's going to have elevated inflation," he said.
SEC’s Uyeda Plans to Strike Crypto From Trading System Proposal
(Bloomberg) -- A Securities and Exchange Commission proposal requiring digital asset exchanges to register under alternative trading system rules is in for an overhaul. Most Read from BloombergNJ College to Merge With State School After Financial StressNYC Congestion Pricing Toll Gains Support Among City ResidentsWhere New York City's Zoning Reform Will Add HousingBuffalo’s Billion-Dollar Freeway Fix Is on Ice, But Not Because of TrumpInside the ‘Not Architecture’ of High Line Designers Diller S
Oil Falls to Six-Month Low as Economic Concerns Rattle Markets
(Bloomberg) -- Oil slid to a six-month low as signs of economic weakness in the world’s two biggest crude consumers fanned concerns that US tariffs will sap global energy demand. Most Read from BloombergNJ College to Merge With State School After Financial StressNYC Congestion Pricing Toll Gains Support Among City ResidentsWhere New York City's Zoning Reform Will Add HousingBuffalo’s Billion-Dollar Freeway Fix Is on Ice, But Not Because of TrumpInside the ‘Not Architecture’ of High Line Designer
Beacon Roofing Supply Stock Soars as Firm Discusses $11B Purchase by QXO
Shares of Beacon Roofing Supply surged almost 7% amid a market sell-off Monday on news the company was in discussions with technology solutions company QXO to be acquired for $11 billion.
Palantir Stock Tumbles Monday, Now Nearly 40% Off Record High
Palantir was one of the worst-performing stocks in the S&P 500 Monday, as shares extended losses since hitting an all-time high last month.
US stock market tumbles after Trump stokes recession fears
As of midday, the S&P 500 was down 2%, while the Nasdaq 100 was down more than 3%.
Bitcoin sinks below $79,000 as Trump's crypto push whiffs and recession fears swell
Bitcoin tumbled below $79,000 on Monday, extending its Sunday decline as fears of a recession loom.
Why Palantir (PLTR) Stock Is Down Today
Shares of data-mining and analytics company Palantir (NYSE:PLTR) fell 10.1% in the afternoon session after markets tumbled, extending the weakness from the previous week as concerns over the ongoing trade war continued to spread. Over the weekend, President Trump fielded questions regarding recession worries on FOX News, calling the market struggle "a period of transition," but that didn't do much to calm investors. The sell-off was particularly pronounced in the tech sector, with the Nasdaq fal