Information

Home Information
  • Jan 23, 2025

SEC Staff Repeals Crypto-Accounting Guidance Reviled by Industry

(Bloomberg) -- US Securities and Exchange Commission staff repealed accounting guidance the crypto industry has said squashed its ability to work with banks.Most Read from BloombergWhat Happened to Hanging Out on the Street?How Sanctuary Cities Are Preparing for Another Showdown With TrumpBillionaire Developer Caruso Slams LA Leadership Over WildfiresTexas HOA Charged With Discrimination for Banning Section 8 RentersHoboken PATH Station Will Close for Almost a Month on Jan. 30“The staff reminds

  • Jan 23, 2025

Why Dogecoin Is Plummeting This Week

The cryptocurrency Dogecoin (CRYPTO: DOGE) saw its value sink this week. Dogecoin is feeling the pressure of high-profile entrants into the meme coin space this week weakening its main value proposition in some investors' eyes. Trump released his meme coin days before he was sworn in as president.

  • Jan 23, 2025

Trump Says He Knows Interest Rates Better Than Fed Chief Powell

(Bloomberg) -- President Donald Trump questioned Federal Reserve Chair Jerome Powell’s decision making on interest rates and said he planned to speak to the central bank chief “at the right time.”Most Read from BloombergWhat Happened to Hanging Out on the Street?How Sanctuary Cities Are Preparing for Another Showdown With TrumpBillionaire Developer Caruso Slams LA Leadership Over WildfiresTexas HOA Charged With Discrimination for Banning Section 8 RentersHoboken PATH Station Will Close for Almos

  • Jan 23, 2025

Trump demands Fed cut rates, claims better monetary policy understanding

(Reuters) -U.S. President Donald Trump on Thursday said he wants the Federal Reserve to cut interest rates at a time the central bank has hit pause for an uncertain duration, arguing he understands monetary policy better than those charged with setting it. "With oil prices going down, I'll demand that interest rates drop immediately, and likewise they should be dropping all over the world," Trump told the World Economic Forum on Thursday in Davos, Switzerland. At a White House event following those comments, Trump said, "I think I know interest rates much better than they do, and I think I know it certainly much better than the one who's primarily in charge of making that decision," in an apparent reference to Federal Reserve Chairman Jerome Powell, who Trump appointed as Fed leader in his first stint as president.

Popular Post