Remember the guy who threw away over $750 million in Bitcoin? Now he wants to buy the dump where he thinks it’s buried
James Howells continues his quest to recover a mistakenly trashed fortune.
Fed's Powell: No agency other than CFPB tasked with consumer protection enforcement
No U.S. regulator other than the Consumer Financial Protection Bureau is tasked with ensuring that banks abide by rules guarding against deceptive practices regarding consumers, the head of the Federal Reserve said on Tuesday as he was pressed by a senior Democratic senator to ensure the CFPB remains funded. The Trump administration has told the agency's staff to stay home and cease enforcement activities as part of Elon Musk's government efficiency drive. "If the CFPB is not there, examining these giant banks to make sure they are following laws on not deceiving consumers, who is doing that job?"
Marriott Stock Slips on Soft Outlook for Room Growth, Profit
Marriott International gave weaker-than-expected guidance, and shares fell from their record closing high set yesterday.
Humana Stock Drops as Medicare Advantage Members Expected to Decline
Humana shares slid after the health insurer said it expects Medicare Advantage memberships to decline in 2025 before the market opened Tuesday.
Solo Miner Hits Jackpot With $300K Bitcoin Block Reward
A Solo Bitcoin miner has successfully mined block 883,181, securing a reward of 3.125 Bitcoin, valued at over $300,000.
Why Cryptocurrencies Cardano, Litecoin, and Dogecoin Are Rising Today
As of 10:23 a.m. ET, the price of Cardano (CRYPTO: ADA) had shot 12.5% higher from the late afternoon yesterday, Litecoin (CRYPTO: LTC) traded 5% higher, and the meme token Dogecoin (CRYPTO: DOGE) was up 1.5%. President Donald Trump's pro-crypto administration has significantly increased expectations for new possibilities in the crypto world, including the addition of more spot crypto ETFs. Recently, the well-known crypto investment firm Grayscale filed an application to list a Cardano ETF on the New York Stock Exchange, surprising some who didn't consider such an ETF a possibility.
Bitcoin stays below $100,000 ahead of crucial inflation report
Trump's new trade barriers and an upcoming inflation report have fueled ongoing market uncertainty.
North Carolina Proposes Bill To Enable State Investments in Crypto
North Carolina lawmakers have introduced a new bill intended to allow the State Treasurer to invest in what are termed “qualifying digital assets.”
BP CEO Says Oil Major’s Big Reset Has Been a Year in Making
(Bloomberg) -- BP Plc CEO Murray Auchincloss insisted that the company’s “fundamental reset” has been in the works for a year, while refusing to comment on an analyst’s question about whether he’s had engagement with activist Elliott Investment Management.Most Read from BloombergSaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterNice Airport, If You Can Get to It: No Subway, No Highway, No BridgeSin puente y sin metro: el nuevo aeropuerto de Lima es una debacleThe Forgotten French Archi
Bank bosses expect US policy uncertainty to persist under Trump, but stay bullish on economy
NEW YORK (Reuters) -U.S. bank executives said on Tuesday they expected policy uncertainty to linger as President Donald Trump's second administration takes shape, but remained optimistic on the economic outlook. Trump introduced a raft of executive orders, tariffs and personnel changes since he took office last month. More broadly, the administration is going to run a more "growth-oriented agenda," but the ultimate direction of its policies is more complicated, Goldman Sachs CEO David Solomon told a Miami conference on Tuesday.