Robinhood’s crypto revenue surged 700% in Q4, driven by growing user interest in DeFi and expanded platform offerings, according to Head of Crypto Johann Kerbrat.
New Zealand's central bank cut its benchmark rate by 50 basis points to 3.75% on Wednesday and flagged further reductions in borrowing costs amid moderating inflation as policymakers sought to revive a struggling economy. The Reserve Bank of New Zealand Governor Adrian Orr said the board is forecasting a lower terminal rate than in its November projections, and expects two more 25-basis point rate cuts in April and May subject to economic conditions evolving as expected. The rate track pushed it broadly in line with market pricing and reinforced the RBNZ's dovish stance in contrast with a more cautious approach in Australia and the U.S., denting the New Zealand dollar and sparking a rally in 90-day bank bill futures.
(Bloomberg) -- The political uproar over Argentine President Javier Milei’s role in a crypto scandal has cast the spotlight on his closest adviser and gatekeeper: his sister. Most Read from BloombergWhy Barcelona Bought the Building That Symbolizes Its Housing CrisisPor qué Barcelona compró el edificio que simboliza su crisis inmobiliariaTrump Child Refugee Agency Shares Data With Immigration EnforcersA Filmmaker’s Surreal Journey Into His Own Private WinnipegHayden Davis, a key figure behind th
Trump said he had a "long and hard" conversation with Putin over the weekend, adding he could meet with the Russian leader "very soon."
Bitget CEO Gracy Chen calls MicroStrategy a “massive whale,” noting its Bitcoin holdings now exceed 2% of total supply.
(Bloomberg) -- Chevron Corp.’s ability to continue exporting crude from Venezuela is under review, President Donald Trump said, signaling an openness to tighter restraints on the oil giant’s operations in the South American country.Most Read from BloombergWhy Barcelona Bought the Building That Symbolizes Its Housing CrisisPor qué Barcelona compró el edificio que simboliza su crisis inmobiliariaTrump Child Refugee Agency Shares Data With Immigration EnforcersA Filmmaker’s Surreal Journey Into His
(Bloomberg) -- China’s unprecedented boom in renewable energy is facing a fresh challenge from government rules that will allow market forces to determine the price of new wind and solar power.Most Read from BloombergWhy Barcelona Bought the Building That Symbolizes Its Housing CrisisPor qué Barcelona compró el edificio que simboliza su crisis inmobiliariaTrump Child Refugee Agency Shares Data With Immigration EnforcersA Filmmaker’s Surreal Journey Into His Own Private WinnipegThe mandate from J
(Bloomberg) -- The Trump administration is planning to lay off at least 40% of the workers at the federal agency that provides mortgage insurance on loans for people who otherwise wouldn’t qualify for one, according to two sources familiar with the agency’s plans.Most Read from BloombergWhy Barcelona Bought the Building That Symbolizes Its Housing CrisisPor qué Barcelona compró el edificio que simboliza su crisis inmobiliariaTrump Child Refugee Agency Shares Data With Immigration EnforcersA Film
Experts have identified some potential economic benefits, as well as big risks, from President Donald Trump's mass firing of federal workers.
Stocks tipped higher to start a holiday-shortened week of trading highlighted by Fed minutes and Walmart earnings.
