Robinhood’s crypto wallet serves as ‘a gateway to DeFi,’ says Johann Kerbrat
Robinhood’s crypto wallet is simplifying access to DeFi, offering users a seamless transition from centralized finance to Web3.
Dow falls 450 points as inflation and tariff fears hit Main Street
US stocks fell Thursday after the world’s largest retailer warned that 2025 would be a rollercoaster ride and said it expected sales to slow this year amid fears that consumers are tapped out.
Buffett’s Annual Letter May Give Much Needed Support to Japanese Stocks
(Bloomberg) -- Investors in Japanese stocks are keeping a close watch out for Warren Buffett’s annual letter to shareholders in the hopes that it will provide a boost to the country’s trading houses.Most Read from BloombergTrump to Halt NY Congestion Pricing by Terminating ApprovalAirbnb Billionaire Offers Pre-Fab Homes for LA Fire VictimsSorry, Kids: Disney’s New York Headquarters Is for Grown-UpsChild Migrant Watchdog Gutted in DOGE CutsChicago Council Delays $830 Million Bond Vote Amid Scruti
Roku, SolarEdge Among Key Stock Upgrades Investors Should Know Thursday
Stocks were mostly lower on Thursday after a disappointing business forecast from retail giant Walmart. Here, we look at the latest noteworthy upgrades and downgrades of stocks made by analysts.
What Analysts Think of Home Depot Stock Ahead of Earnings
Home Depot is scheduled to report fourth-quarter earnings before the bell on Tuesday, with analysts expecting rising sales to have risen despite projecting comparable store sales to have declined for a ninth consecutive quarter.
Oil Extends Gain With Focus on Supply Uncertainty, Weaker Dollar
(Bloomberg) -- Oil extended a string of marginal gains to settle above $72 a barrel amid uncertainty over global supplies and a slumping dollar that made commodities priced in the currency more attractive.Most Read from BloombergTrump to Halt NY Congestion Pricing by Terminating ApprovalAirbnb Billionaire Offers Pre-Fab Homes for LA Fire VictimsSorry, Kids: Disney’s New York Headquarters Is for Grown-UpsTrump Targets $128 Billion California High-Speed Rail ProjectChild Migrant Watchdog Gutted in
SEC unveils new unit to fight crypto crime
Crypto crime has surged to an estimated $51 billion a year industry, according to Chainalysis.
Fed's Barr, stepping down from regulatory post, warns against weaker bank rules
WASHINGTON (Reuters) -The Federal Reserve's top regulatory official cautioned Thursday against a weakening of bank rules and oversight that could make firms vulnerable to surprise shocks. Fed Vice Chair for Supervision Michael Barr, who is stepping down from the regulatory post at the end of February, cautioned against any push to significantly weaken existing bank rules and supervision, and urged watchdogs to complete international capital standards. In what is expected to be his final speech as the Fed's rules chief, Barr maintained that strong rules and robust capital requirements for banks are needed to guard against unforseen shocks.
US regulator withdraws appeal of rule on Treasury markets
U.S. Securities and Exchange Commission has decided to withdraw its appeal of a decision by a federal judge late last year to vacate an overhaul of Treasury dealer rules, according to a court document filed on Wednesday. In a statement, the SEC said it decided to dismiss the appeal because the new rule could reduce "liquidity in the Treasury markets, making them more volatile, and increasing debt for taxpayers." One year ago, the SEC under Chair Gary Gensler adopted a rule requiring proprietary traders and other firms that routinely deal in U.S. government bonds to register as broker-dealers, subjecting them to stricter oversight.
Market jitters over trade fade as investors call 'Tariff Man' Trump's bluff
The outsized swings in markets on the back of Donald Trump's every word on tariffs just weeks ago have faded to mere flickers, as investors switch their focus elsewhere, and bet against a full-scale trade war really materialising. China is one of the few trading partners on which Trump has increased tariffs, but Hong Kong's Hang Seng index is up 14% year to date, led by a surge in tech stocks. Similarly, traders are banking on less volatility in the Canadian dollar and Mexican peso - both slightly stronger than they were at the start of the year - and an index of European auto stocks - also vulnerable to tariffs - hit a seven-month high this week.