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  • Feb 14, 2025

Buffett Sold More BofA Stock While Keeping Apple Stake Intact

(Bloomberg) -- Warren Buffett’s Berkshire Hathaway Inc. continued whittling a longtime bet on Bank of America Corp. in last year’s final months, while keeping a stake in Apple Inc. intact following an earlier reduction.Most Read from BloombergProgressive Portland Plots a ComebackWhy American Mobility Ground to a HaltSpaceX Bid to Turn Texas Starbase Into City Is Set for Vote in MayHow to Build a Neurodiverse CitySaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterThe Omaha, Nebraska-base

  • Feb 14, 2025

Fed's Logan calls for caution on rate cuts, even if inflation cools

Dallas Federal Reserve Bank President Lorie Logan on Friday reiterated her view that even if inflation nears the Fed's 2% goal in coming months, the U.S. central bank should not necessarily reduce short-term borrowing costs in response. "I think there's a real question about how restrictive monetary policy is right now," Logan said at a banking conference hosted by Southern Methodist University in Palm Desert, California. And, Logan signaled, it remained far from clear if inflation will indeed cool in the near term, noting a pattern in recent years of higher inflation at the start of the year, when companies typically tend to implement price increases.

  • Feb 14, 2025

Fed, Treasury Questioned by Democrats Over Trump’s DEI Order

(Bloomberg) -- A group of House Democrats questioned Federal Reserve Chair Jerome Powell and Treasury Secretary Scott Bessent about actions they may have taken in response to President Donald Trump’s recent executive order ending diversity programs.Most Read from BloombergProgressive Portland Plots a ComebackWhy American Mobility Ground to a HaltA Filmmaker’s Surreal Journey Into His Own Private WinnipegHow to Build a Neurodiverse CitySpaceX Bid to Turn Texas Starbase Into City Is Set for Vote i

  • Feb 14, 2025

Lower Inflation Wouldn’t Assure Rate Cuts, Fed’s Logan Says

(Bloomberg) -- Federal Reserve Bank of Dallas President Lorie Logan urged policymakers to remain cautious in the coming months, reiterating lower inflation wouldn’t necessarily prompt further interest-rate reductions. Most Read from BloombergProgressive Portland Plots a ComebackWhy American Mobility Ground to a HaltA Filmmaker’s Surreal Journey Into His Own Private WinnipegHow to Build a Neurodiverse CitySpaceX Bid to Turn Texas Starbase Into City Is Set for Vote in May“Even if we do get better

  • Feb 14, 2025

Oil Dips as Ample Supply Outlook Overshadows Trump Iran Threats

(Bloomberg) -- Oil fell as a key market gauge signaled that supplies are ample and traders discounted US threats to Iran’s crude exports. Most Read from BloombergProgressive Portland Plots a ComebackWhy American Mobility Ground to a HaltA Filmmaker’s Surreal Journey Into His Own Private WinnipegHow to Build a Neurodiverse CitySpaceX Bid to Turn Texas Starbase Into City Is Set for Vote in MayWest Texas Intermediate’s front-month futures were trading at as little as 1 cent more per barrel than con

  • Feb 14, 2025

Why the Official Trump Cryptocurrency Is Skyrocketing Today

Official Trump is seeing huge gains following news that the Securities and Exchange Commission (SEC) has accepted Grayscale's application to form an exchange-traded fund (ETF) built around XRP. Investors are betting that policy changes at the SEC could open the door for catalysts that drive powerful rallies for altcoins. While the SEC's acknowledgment of the application doesn't mean Grayscale will be able to move forward with an XRP ETF, it's a notable development.

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