Executives of the world's largest cryptocurrency exchange asked Treasury officials to remove a U.S. monitor overseeing its compliance with anti-money-laundering laws, the paper said on Friday, citing people familiar with the talks. Binance has also been in talks to list a new dollar-pegged cryptocurrency from World Liberty Financial, it added.
A tense, volatile week on Wall Street ended with all three major U.S. indexes up 5% or more, yet still below where they were when President Trump launched his tariff blitz.
"This reduces the flexibility of the US administration in pursuing expansionary fiscal policy to support growth," Deutsche Bank wrote on Friday.
"While downside risks do remain, we believe the risk of a more severe economic downturn is now more limited," UBS said.
Apple shares surged Friday, leading other Magnificent Seven members higher amid a broader market rebound to cap off a wild week fueled by tariff-driven volatility.
Tariffs were on, then they were off. At least temporarily, and only some of them — but not for China, which got hit with steeper duties and promptly hit back.
Warren Buffett's Berkshire Hathaway forged ahead with a yen bond sale, fueling speculation the investor is preparing for a stock-buying spree.
"This technology is just starting," Changpeng Zhao said about Bitcoin's long-term growth potential.
Nvidia is one of the firms "more protected" from Trump's tariffs, Morgan Stanley said this week.
The National Center for Public Policy Research, a McDonald's shareholder, pushed the fast food giant to consider it, despite a lack of interest.
