Crypto Trading Platform BitMEX Is Looking for a Buyer: Sources
BitMEX appointed boutique investment bank Broadhaven late last year to assist with the sales process, according to sources.
Fed's Hammack says rates likely on hold for some time
Federal Reserve Bank of Cleveland President Beth Hammack said on Thursday she expects U.S. central bank interest rate policy is on hold for the time being amid a hunt for evidence that inflation pressures are easing back to the 2% target. With a healthy job market and an uneven and slowing process of easing inflation pressures, “I believe that monetary policy has the luxury of being patient as we assess the path forward, and this will likely mean holding the federal funds rate steady for some time,” Hammack said in the text of a speech prepared for delivery before an event held at Columbia University. Before supporting a rate cut, Hammack said she seeks additional evidence that price pressures are easing back to 2% so long as the job market remains “healthy.”
Nvidia Stock Is Falling. Analysts Are Still Bullish on Its AI-Driven Growth.
Nvidia shares gave up early gains Thursday after the chipmaker reported earnings that topped Street estimates. Investors may have expected more from the AI darling.
Senate Repeals Methane Leak Fee in Boon to Oil and Gas Industry
(Bloomberg) -- The Senate voted Thursday to repeal a new US fee on climate-warming methane emissions from oil and gas producers, sending the measure to the White House for President Donald Trump’s signature. Most Read from BloombergCuts to Section 8 Housing Assistance Loom Amid HUD UncertaintyThe Trump Administration Takes Aim at Transportation ResearchShelters Await Billions in Federal Money for Homelessness ProvidersNYC’s Congestion Pricing Pulls In $48.6 Million in First MonthNew York’s Conge
Dogecoin brought users to Bitcoin — now institutions will take it to $1M, says Gokhstein
David Gokhshtein believes Bitcoin is only in the early stages of its institutional-driven run, predicting major inflows from Fortune 500 companies and ETFs.
Mask Network founder's $4 million crypto wallet hacked
According to blockchain security firm Cyvers, hackers distributed the money across six different addresses.
The once-rock-solid economy is starting to wobble
The worrying signs for the US economy are piling up: unemployment is rising, Americans are cutting spending, and the housing market is still frozen.
Mortgage rates hit 2025 low as economic jitters mount
A drop in consumer confidence caused the bond yields that underpin mortgage rates to fall. 30-year loans averaged 6.76% this week, according to Freddie Mac.
DOGE is finally getting the market reaction it wants — but not for the right reason
DOGE sees falling bond yields as a sign it's doing a good job. But it could be part of the problem.
Telefónica sees robust performance in 2024, boosted by Spanish market
The telecom giant has met several key financial guidance targets for 2024, while also continuing to solidify its position in the Spanish market through increased investments in 5G infrastructure.View on euronews
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