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Chinese stocks just had their worst start to the year in nearly a decade as economic woes persist
The CSI 300 index fell 2.9% on the first trading session of 2025, as investors see more economic trouble ahead in 2025.
IRS And Treasury Impose New Tax Rules For Crypto DeFi Platforms
The IRS and U.S. Treasury have finalized a controversial new rule requiring DeFi platforms to implement KYC procedures and report user transactions, treating them as traditional brokers. Effective by 2027, these regulations have sparked backlash for potentially overreaching legal authority, threatening privacy, and risking innovation in the decentralized finance space.
5 potential tech IPOs that may supercharge markets in 2025
Some important companies are considering going public this year
Stock market today: Indexes jump to kick off 2025 as market aims to snap 4-day losing streak
Indexes rose Thursday to kick off the New Year after four straight days of losses. Tesla stock dropped more than 8% publishing delivery figures.
Biden to Ban More Offshore Oil Drilling Before Trump Arrives
(Bloomberg) -- President Joe Biden is preparing to issue a decree permanently banning new offshore oil and gas development in some US coastal waters, locking in difficult-to-revoke protections during his final weeks in the White House.Most Read from BloombergIs This Weird Dome the Future of Watching Sports?NYPD Seeking Gunmen After 10 People Wounded Outside Queens VenueDetroit’s Michigan Central Is the Building Revival Story of 2024Burned-Out Parents Need Better Public SpacesA Commuting Resoluti
Why is the stock market down today? 'The market can't get a firm grip'
There are big concerns on the horizon for markets in 2025, foreshadowed in early trading.
Stock market today: Dow, S&P 500, Nasdaq fall as comeback bid falters and Tesla, Apple slide
Markets attempted to kick off the new year on the front foot as faith in techs reemerged.
Stocks stumble as Tesla weighs, dollar hits 2-yr high
NEW YORK (Reuters) -Global stocks fell on Thursday as early gains faded, continuing the year-end downdraft into the first trading day of the new year, while the dollar hit a two-year high after economic data indicated the U.S. labor market remained on solid ground. On Wall Street, U.S. stocks closed broadly lower after initial gains failed to hold, with the S&P 500 and Nasdaq notching their fifth straight daily decline, the longest skid since April. The U.S. Labor Department reported that the number of Americans filing new applications for unemployment benefits dropped to an eight-month low of 211,000 last week, below the 222,000 estimate of economists polled by Reuters.
Crypto Brokerage FalconX Buys Derivatives Startup Arbelos Markets
(Bloomberg) -- Digital-asset prime brokerage firm FalconX has acquired Arbelos Markets, a derivatives startup launched in 2023 by two crypto industry veterans.Most Read from BloombergIs This Weird Dome the Future of Watching Sports?NYPD Seeking Gunmen After 10 People Wounded Outside Queens VenueDetroit’s Michigan Central Is the Building Revival Story of 2024Burned-Out Parents Need Better Public SpacesA Commuting Resolution for 2025: Ride Your Local Subway or BusTerms of the transaction weren’t d
3 crypto billionaires were the biggest net worth gainers during the market's stellar rally in 2024
Crypto billionaires saw huge wealth gains in 2024 as the market rocketed to new heights.