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  • Mar 10, 2025

Australia Consumer Sentiment Jumps on Cooler Inflation, Rate Cut

(Bloomberg) -- Australia’s consumer confidence picked up in March as inflation pressures eased and the Reserve Bank reduced interest rates for the first time in four years.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 Dille

  • Mar 10, 2025

EU worries US embrace of crypto assets could impact Europe financial stability

Euro zone finance ministers are worried that the change of policy under the new U.S. administration to embrace cryptocurrencies could affect euro zone monetary sovereignty and financial stability, top officials said on Monday. Last week, U.S. President Donald Trump, who vowed to be a "crypto president" in his campaign, signed an executive order to establish a strategic reserve of cryptocurrencies by using tokens already owned by the government, in a policy pivot from the previous administration. "Policy developments in other jurisdictions can have important consequences for us here in Europe," the chairman of the ministers Paschal Donohoe told a news conference after the ministers discussed U.S. cryptocurrency developments.

  • Mar 10, 2025

Markets Rocked by Trump Show Economic Fear Across Wall Street

(Bloomberg) -- What had been a steady pullback from the US stock market accelerated sharply Monday as investors retreated from virtually every type of risk and economic fear raced across Wall Street.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’ o

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