U.S. Senate's Banking Chair Pushes Debanking Bill After Crypto Uproar
Senator Tim Scott, the chief of the banking committee, is backing a bill to stop U.S. regulators from citing "reputational risk" as a reason to block clients.
Interest Rate Fears Replace Tariff Fears as Crypto Pulls Back
The "Art of the Deal" might be growing tiresome. Did someone say "stagflation?"
New York considers criminalizing crypto fraud, rug pulls
Losses from crypto crime amount to $51 billion a year, Chainalysis data shows.
Coinbase renews its push for tokenized securities as the Trump administration emboldens the crypto industry
Coinbase CFO is excited to “re-engage those conversations with the SEC's task force.”
If you're thinking about selling your stocks, you might want to think twice
Much like all the upheaval shaking the world, the huge swings rocking Wall Street may feel far from normal. Sharp moves for the U.S. stock market, like its recent 6% drop in just a couple of weeks, happen regularly. Stomaching them is the price investors have to pay for the bigger returns that stocks can offer over other investments in the long term.
Analysis-For markets, German fiscal splurge blurs ECB outlook
A tectonic shift in German fiscal policy has compounded uncertainty for traders trying to bet on how fast the European Central Bank will cut rates for the rest of the year, with a change to the bank's guidance on Thursday reinforcing that. The ECB cut rates by 25 basis points to 2.50% in its sixth move since last June. That supported traders, who had already reduced bets on ECB rate cuts after a deal from Germany's next coalition partners on Tuesday to create a 500 billion euro ($541.40 billion) infrastructure fund and overhaul borrowing restrictions, partly to boost defence spending.
Trump's crypto venture piles up Ether and more ahead of White House Crypto Summit
Just one day before President Donald Trump is set to unveil his crypto reserve plan at the White House Crypto Summit, his crypto venture, World Liberty Financial, has begun piling up significant amounts of Ether, the second-largest cryptocurrency by market cap, Wrapped Bitcoin, and other digital assets.
Allegro Stock Jumps as Chip Maker Rejects Onsemi’s $35.10 Per Share Bid
Shares of power chips maker Allegro Microsystems jumped Thursday in intraday trading after it rejected the latest bid by its larger rival ON Semiconductor, also known as Onsemi, describing the offer as "inadequate."
Top Stock Movers Now: Marvell Technology, MongoDB, Tesla, and More
U.S. equities dipped at midday as confusion over the new tariffs by President Donald Trump led to market uncertainty. The Dow Jones Industrial Average, S&P 500, and Nasdaq were down.
Bessent ‘not worried about inflation’ amid Trump’s tariff offensive
Revenue from new import duties “could be very substantial,” Treasury Secretary Scott Bessent said.