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  • Feb 12, 2025

Trump Advisers Look to Shift US Foreign Aid to Wall Street Ally

(Bloomberg) -- President Donald Trump’s advisers have discussed shifting billions in funding from USAID to a government-run agency due to be headed up by the dealmaker son of Apollo Global Management co-founder Leon Black, part of an overhaul of how the US wields economic power internationally.Most Read from BloombergSaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterWhy American Mobility Ground to a HaltThe Forgotten French Architect Who Rebuilt MarseilleIn New Orleans, an Aging Dome T

  • Feb 12, 2025

Could Dogecoin Make You a Millionaire in 2025?

If you are looking for multibagger returns, crypto should be on your radar. Let's explore the pros and cons of Dogecoin (CRYPTO: DOGE) to decide if it still has millionaire-maker potential. Launched in 2013, Dogecoin is widely considered to be the first meme coin, a type of cryptocurrency usually based on online jokes and sarcasm.

  • Feb 12, 2025

Morning Bid: Calm descends as inflation, tariffs parsed

Hyperactive U.S. policy moves appear to have frozen macro markets this week, with Wednesday's key U.S. inflation release set to hold Federal Reserve boss Jerome Powell's benign take on economy up to the light. Powell basically told Congress on Tuesday that the economy was fine and that Fed policy was sufficiently well calibrated to deal to with uncertainties surrounding the new government plans - credit is still 'restrictive' while they wait and see. "We are in a pretty good place," Powell told the Senate committee - citing tariffs, immigration, fiscal and regulatory policy as the key variables the Fed will "try to make sense of".

  • Feb 12, 2025

A Hot Inflation Print Is Set to Derail S&P 500’s Run to Record

(Bloomberg) -- The US stock rally is already on shaky ground due to tariffs and an uncertain outlook about artificial intelligence. Add a hot inflation print to the mix, and the market will sell off.Most Read from BloombergSaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterWhy American Mobility Ground to a HaltThe Forgotten French Architect Who Rebuilt MarseilleIn New Orleans, an Aging Dome Tries to Stay SuperThat’s according to the trading desk at JPMorgan Chase & Co. Market Intelligen

  • Feb 12, 2025

Trump's crypto company launches strategic 'token reserve'

World Liberty Financial, the new crypto platform in which President Donald Trump holds a financial stake, announced that it was unveiling a strategic token reserve designed to bolster Bitcoin, Ethereum and other cryptocurrencies "that are at the forefront of reshaping global finance." WLF said in a statement posted on X on Tuesday that its new token reserve would enable it to mitigate market volatility, empower the company to invest in innovative projects in decentralized finance, and develop a well-capitalized reserve. It also said it would seek strategic partnerships with financial institutions to contribute tokenized assets to the WLF reserve.

  • Feb 12, 2025

Trump Tariff Spat Has Stock Dip Buyers Obsessed With Wednesdays

(Bloomberg) -- Investors can rely on one crucial day of the week to deliver strong dip-buying opportunities for the S&P 500 Index thus far in 2025: Wednesdays.Most Read from BloombergSaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterWhy American Mobility Ground to a HaltThe Forgotten French Architect Who Rebuilt MarseilleIn New Orleans, an Aging Dome Tries to Stay SuperTraders lately have been selling first and asking questions later to lock in gains ahead of the weekend as stocks zig-

  • Feb 12, 2025

Wall St falls as hot inflation data dents rate cut hopes

Wall Street's main indexes hit an over one-week low on Wednesday, as a hotter-than-anticipated inflation reading added to concerns that the Federal Reserve would not cut interest rates anytime soon. U.S. consumer prices increased more than expected in January, reinforcing the Federal Reserve's message that it was in no rush to resume cutting interest rates amid growing uncertainty over the economy. "It's now calling into question not only whether or not the Fed will cut in the second half of this year ... but now it puts on the table potentially the next move even being one to the upside for rates," said Alex Coffey, senior trading strategist at Charles Schwab.

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