What Will The Economy Look Like With Half As Much Immigration?
President Donald Trump's crackdown on the border has cut immigration to half its pre-pandemic rate, according to a new analysis.
Etsy grants new CFO inducement stock award
The approved inducement grant comes as Etsy targets a stickier app experience as part of a strategy to reverse an ongoing trend of declining sales.
Oil Producer APA Cuts Up to 15% of Workers
(Bloomberg) -- APA Corp. cut about 300 employees globally as it becomes the latest oil producer to reduce costs by eliminating jobs. Most Read from BloombergDespite Cost-Cutting Moves, Trump Plans to Remake DC in His StyleAmtrak CEO Departs Amid Threats of a Transit Funding PullbackThe Scary Thing About the Wildfire That Was StoppedNYC Plans for Flood Protection Without Federal FundsA Malibu Model for Residents on the Fire FrontlinesThe company formerly known as Apache made the reductions in Jan
Ripple Labs says US SEC ends appeal over crypto oversight
NEW YORK (Reuters) -Ripple Labs said on Wednesday the U.S. Securities and Exchange Commission ended its appeal from a court ruling that the regulator's prior chief had said would make it harder to oversee cryptocurrency markets. The SEC had been appealing a July 2023 decision by U.S. District Judge Analisa Torres in Manhattan that the XRP token sold by Ripple on public exchanges did not meet the legal definition of a security. Torres also gave the SEC a partial victory against Ripple, saying $728 million of XRP sales to institutional investors should have complied with securities laws.
Fed holds main rate steady, forecasts higher inflation, slower growth
“Growth looks like it's maybe moderating a bit, consumer spending moderating a bit, but still at a solid pace,” Fed Chair Jerome Powell said during a press conference.
Analyst warns Fed's major FOMC decision could make or break Bitcoin’s rally
The Federal Open Market Committee (FOMC) is set to announce its interest rate decision today at 2 PM ET, with market expectations heavily favoring a rate hold.
Milei’s Inflation Miracle Distorted by Obsolete Items in Index
(Bloomberg) -- Each morning, the typical Argentine buys a newspaper, lights up a cigarette and then, while leafing through the pages and puffing away, grabs the telephone from its perch on the wall to make a call.Most Read from BloombergDespite Cost-Cutting Moves, Trump Plans to Remake DC in His StyleNYC Plans for Flood Protection Without Federal FundsThe Scary Thing About the Wildfire That Was StoppedA Malibu Model for Residents on the Fire FrontlinesAmtrak CEO Departs Amid Threats of a Transit
Tesla upgraded, Etsy initiated: Wall Street's top analyst calls
Tesla upgraded, Etsy initiated: Wall Street's top analyst calls
Exclusive: Crypto wallet infrastructure company Privy raises $15 million in round led by Ribbit Capital
The company will use the money to double the size of its team in the next 18 months.
Bitcoin, Ether, Solana Likely to See 3%- 5% Price Swings on FOMC Rate Decision, Volmex's Data Suggests
These figures might be scary for equity or currency traders but do not represent a major deviation from the normal in the crypto market.