The cryptocurrency Dogecoin (CRYPTO:DOGE) is trading higher on Friday. The gain comes as the S&P 500 gained 0.4% and Bitcoin gained 2.5%. The upward move was driven by the Securities and Exchange Commission's (SEC) announcement that it had received an application from the asset manager Greyscale to create a Dogecoin exchange-traded fund (ETF).
(Bloomberg) -- Warren Buffett’s Berkshire Hathaway Inc. continued whittling a longtime bet on Bank of America Corp. in last year’s final months, while keeping a stake in Apple Inc. intact following an earlier reduction.Most Read from BloombergProgressive Portland Plots a ComebackWhy American Mobility Ground to a HaltSpaceX Bid to Turn Texas Starbase Into City Is Set for Vote in MayHow to Build a Neurodiverse CitySaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterThe Omaha, Nebraska-base
Dallas Federal Reserve Bank President Lorie Logan on Friday reiterated her view that even if inflation nears the Fed's 2% goal in coming months, the U.S. central bank should not necessarily reduce short-term borrowing costs in response. "I think there's a real question about how restrictive monetary policy is right now," Logan said at a banking conference hosted by Southern Methodist University in Palm Desert, California. And, Logan signaled, it remained far from clear if inflation will indeed cool in the near term, noting a pattern in recent years of higher inflation at the start of the year, when companies typically tend to implement price increases.
Investors were digesting a busy week of tariff hikes and inflation updates, as fresh retail data and earnings reports rolled in.
Intel stock notched a 23% weekly gain, the biggest in more than two decades.
Airbnb CEO Brian Chesky said people use the app once or twice a year. He wants to raise that to once or twice a week.
(Bloomberg) -- A group of House Democrats questioned Federal Reserve Chair Jerome Powell and Treasury Secretary Scott Bessent about actions they may have taken in response to President Donald Trump’s recent executive order ending diversity programs.Most Read from BloombergProgressive Portland Plots a ComebackWhy American Mobility Ground to a HaltA Filmmaker’s Surreal Journey Into His Own Private WinnipegHow to Build a Neurodiverse CitySpaceX Bid to Turn Texas Starbase Into City Is Set for Vote i
(Bloomberg) -- Federal Reserve Bank of Dallas President Lorie Logan urged policymakers to remain cautious in the coming months, reiterating lower inflation wouldn’t necessarily prompt further interest-rate reductions. Most Read from BloombergProgressive Portland Plots a ComebackWhy American Mobility Ground to a HaltA Filmmaker’s Surreal Journey Into His Own Private WinnipegHow to Build a Neurodiverse CitySpaceX Bid to Turn Texas Starbase Into City Is Set for Vote in May“Even if we do get better
(Bloomberg) -- Oil fell as a key market gauge signaled that supplies are ample and traders discounted US threats to Iran’s crude exports. Most Read from BloombergProgressive Portland Plots a ComebackWhy American Mobility Ground to a HaltA Filmmaker’s Surreal Journey Into His Own Private WinnipegHow to Build a Neurodiverse CitySpaceX Bid to Turn Texas Starbase Into City Is Set for Vote in MayWest Texas Intermediate’s front-month futures were trading at as little as 1 cent more per barrel than con
Shares of Chinese autonomous driving company WeRide and AI infrastructure company Nebius popped Friday after Nvidia disclosed stakes in the companies.
