Silk Road Bitcoin Worth Nearly $2B Moved to Coinbase Prime
The transfer could spark selling pressure in the market as it indicates that the U.S. government is preparing to sell or has already sold the assets.
Vooma grabs $16.6M in funding as brokers prepare for market swing
After years of volatility due to economic uncertainties and global disruptions, the freight industry is seeing early signs of recovery. However, this recovery comes with challenges, including tighter capacity and heightened expectations for operational efficiency. The post Vooma grabs $16.6M in funding as brokers prepare for market swing appeared first on FreightWaves.
MicroStrategy Buys More Bitcoin, Chairman Saylor Urges Microsoft To Do the Same
The company now owns nearly 2% of all the bitcoin that will ever exist.
Fed’s Bostic Keeping ‘Options Open’ for December Rate Decision
(Bloomberg) -- Federal Reserve Bank of Atlanta President Raphael Bostic said he’s undecided on whether an interest-rate cut is needed this month, but still believes officials should continue lowering rates over the coming months.Most Read from BloombergRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsAs Wars Rage, Cities Face a Dark New Era of Urban Destruction“The risks to achieving the committee’s dual mandates of maximum employment and price stability have shifted such that they
Jane Street Returns to Debt Markets With $1 Billion Loan Deal
(Bloomberg) -- Jane Street Group LLC is back in the leveraged debt markets after launching a $1 billion leveraged loan on Monday amid a rush of deals.Most Read from BloombergRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsAs Wars Rage, Cities Face a Dark New Era of Urban DestructionProceeds on the seven-year loan will be used to refinance and increase the size of the trading firm’s existing first-lien loan, with incremental proceeds going toward general corporate purposes and trad
What Wall Street Analysts Think of HPE's Stock Ahead of Earnings
Hewlett Packard Enterprise will report fiscal fourth quarter earnings after the market closes Thursday, with analysts softly bullish overall ahead of the results.
Fed's Bostic: Base case remains for inflation to continue falling
Atlanta Federal Reserve President Raphael Bostic said on Monday he has an open mind about whether to cut interest rates again at the Fed's December meeting, with upcoming data on jobs important in shaping the decision. "There is a lot of uncertainty," Bostic said in comments to reporters. In an essay also released on Monday, Bostic said his base case remains that inflation will continue to fall to the Fed's 2% target, though it remains an open question how far and how fast interest rates should be reduced to ensure that happens while avoiding any undue damage to the job market.
Top Stock Movers Now: Supermicro, Tesla, Gap, and More
U.S. equities were mixed at midday as tech shares helped boost the Nasdaq to an all-time high.
India’s Growth Surprise Seen Adding to Troubles for Stock Market
(Bloomberg) -- Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here.Most Read from BloombergRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesA hiccup in India’s world-beating economic growth may exacerbate near-term weakness in stocks, according to strategists. The economy expanded at the slowest pace in almost two years in the September
Ulta Stock Rises as Beauty Shares Mixed to Start Holiday Season
Cosmetic companies' stocks had a colorful morning Monday, with their shares moving in various directions as investors digested preliminary Black Friday data.