TRUMP, XRP Surge 12% to Lead Crypto Rebound Ahead of FOMC Meeting
Bitcoin added 4% in the past 24 hours to trade around $103,000 in European morning hours, alleviating some of Monday’s losses.
Bitcoin added 4% in the past 24 hours to trade around $103,000 in European morning hours, alleviating some of Monday’s losses.
(Bloomberg) -- An upheaval in global markets sparked by Chinese artificial intelligence startup DeepSeek triggered volatility in digital assets, raising fresh questions about the outlook for crypto following last year’s boom in prices.Most Read from BloombergTexas HOA Charged With Discrimination for Banning Section 8 RentersBudapest Mayor Aims to Block Orban’s Plans to Build ‘Mini Dubai’Vienna Embraces Heat Pumps to Ditch Russian GasBillionaire Developer Caruso Slams LA Leadership Over Wildfires
Off-Road and powersports vehicle corporation Polaris (NYSE:PII) announced better-than-expected revenue in Q4 CY2024, but sales fell by 24.1% year on year to $1.76 billion. Its non-GAAP profit of $0.92 per share was 1.9% above analysts’ consensus estimates.
U.S. bond investors are gearing up for increased volatility and staying defensive in their portfolios amid uncertainty about the impact of the Trump administration's policies and signs that the Federal Reserve's interest rate cuts may be on a lengthy pause. Portfolio managers continued to shy away from the long end of the U.S. Treasuries curve - from 10-year notes to 30-year bonds - ahead of a Fed policy decision this week. Many investors have also remained neutral relative to their benchmarks because of the cloudier interest rate path in 2025.
These are today's mortgage and refinance rates. Today's rates are down even though economists don't expect the Fed to cut its rate. Lock in your rate today.
Money market account interest rates today are well above historical norms. Find out where to get the best MMA rates.
Across more than three dozen charts, top Wall Street experts explain how the stock market's outstanding two-year run is reaching a turning point as a new president enters the Oval Office and interest rates are expected to remain higher than the pre-pandemic normal.
(Bloomberg) -- Several measures of stock market health suggest that Monday’s sudden slump was in fact mostly an isolated hit to the world’s biggest technology firms and AI-related shares.Most Read from BloombergTexas HOA Charged With Discrimination for Banning Section 8 RentersBudapest Mayor Aims to Block Orban’s Plans to Build ‘Mini Dubai’Vienna Embraces Heat Pumps to Ditch Russian GasBillionaire Developer Caruso Slams LA Leadership Over WildfiresHoboken PATH Station Will Close for Almost a Mon
New bullish sentiment in the crypto market could send Solana and Chainlink much higher in 2025.
(Bloomberg) -- As the Federal Reserve’s two-day meeting begins, investors have accepted that the central bank probably won’t be cutting interest rates this time. But with the stock market at a tenuous point, what they’re looking for is any signal from Chairman Jerome Powell on which way inflation is going.Most Read from BloombergTexas HOA Charged With Discrimination for Banning Section 8 RentersBudapest Mayor Aims to Block Orban’s Plans to Build ‘Mini Dubai’Vienna Embraces Heat Pumps to Ditch Ru