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.
Powell says Fed need not hurry to cut main rate, GDP growth ‘solid’
Monetary policy is “well positioned” to handle any rebound in price pressures or weakening in the labor market, Fed Chair Jerome Powell said.
Bitcoin will reach $1 million ‘violently’ within months, says Jan3 CEO
Jan3 CEO Samson Mow predicts Bitcoin will surge to $1 million “violently,” driven by nation-state adoption, sovereign debt issuance, and accelerating hyperbitcoinization.
Crypto Ecosystem Growth Slowed in January Even as Total Market Cap Rose, JPMorgan Says
Total crypto market cap increased 8% to about $3.4 trillion last month, the report said.
Meta's Stock Is On A Record Winning Streak—Watch These Price Levels
Meta shares extended their record winning streak yesterday to 16 consecutive trading sessions, the longest run of wire-to-wire green days of any Magnificent Seven stock. Monitor these key chart levels.
Fed’s Hammack Says Rates on Hold Until Inflation Ebbs Further
(Bloomberg) -- Federal Reserve Bank of Cleveland President Beth Hammack said it’s appropriate to keep interest rates steady for “some time” while policymakers await further downward progress on inflation and analyze the economic effects of new government policies. 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 Fre
This firm has been bullish on crypto for two years — now it’s calling a top
Analysts at BCA Research say there’s all the classic signs of a top in crypto.
Europe’s Airline Stocks Stumble After Reaching Three-Year Peak
(Bloomberg) -- Less than a week after hitting a three-year high, European airline stocks are having their worst day in more than six months.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 Architect Who Rebuilt MarseilleIn New Orleans, an Aging Dome Tries to Stay SuperA UBS Group AG basket of eight European a