Bitcoin Crosses $90K as Trump Delays Canada, Mexico Auto Tariffs
Bitcoin's fundamentals held up well during the latest dip, suggesting underlying strength, Swissblock analysts said.
Oil Falls to Lowest in Six Months as Trade Wars Cloud Outlook
(Bloomberg) -- Oil plunged to the lowest in about six months as US President Donald Trump’s trade wars hammer the outlook for demand just as OPEC+ signals it’s ready to start opening the taps on supply.Most Read from BloombergRepublican Mayor Braces for Tariffs: ‘We Didn’t Budget for This’Trump Administration Plans to Eliminate Dozens of Housing OfficesHow Upzoning in Cambridge Broke the YIMBY MoldNYC’s Finances Are Sinking With Gauge Falling to 11-Year LowRemembering the Landscape Architect Who
Traders’ Euro Optimism Has a Time Limit, Options Market Shows
(Bloomberg) -- Currency-options traders are signaling that the euro’s bullish momentum may not last past the coming weeks amid the lingering threat of a deepening trade war.Most Read from BloombergRepublican Mayor Braces for Tariffs: ‘We Didn’t Budget for This’Trump Administration Plans to Eliminate Dozens of Housing OfficesHow Upzoning in Cambridge Broke the YIMBY MoldNYC’s Finances Are Sinking With Gauge Falling to 11-Year LowRemembering the Landscape Architect Who Embraced the CityThe common
Solana DeFi Tokens Undervalued Compared to Ethereum's, Says Franklin Templeton
There's a mismatch between the old guard and new.
Fears about US economy send oil price to three-year low
Oil prices have fallen to their lowest levels in more than three years amid fears that Donald Trump’s trade war is already starting to slow down the world economy.
US authorities begin releasing some seized cryptocurrency miners, industry executives say
U.S. authorities have in recent weeks begun releasing seized Chinese-made equipment used for cryptocurrency mining, two industry executives told Reuters. Cryptocurrency miners – basically souped-up computers with advanced chips – compete with one another to solve mathematical puzzles, a process which helps build the blockchains underpinning the cryptocurrency world and earn rewards in the form of new digital currency. “Thousands of units have been released,” said Taras Kulyk, CEO and co-founder of Synteq Digital, a cryptocurrency mining equipment broker.
Welcome To The 'Uncertainty' Economy
President Donald Trump's on-again, off-again trade war threats have put businesses and consumers on uneasy footing about the future, potentially hurting the economy.
Warren Buffett acts like the U.S. stock market is in bubble territory. He might be onto something
To decide whether we agree with the Sage of Omaha, we employ “Dr. X's Bubble Detector.”
Why Huntington Ingalls (HII) Stock Is Trading Up Today
Shares of aerospace and defense company Huntington Ingalls (NYSE:HII) jumped 13.1% in the mid-day session after President Trump announced plans to help the shipping industry, including funding via tax incentives, during a session with Congress. He added, "We are also going to resurrect the American shipbuilding industry, including commercial shipbuilding and military shipbuilding." This is good news for companies like Huntington Ingalls, as the comments suggest the shipping industry might enjoy
Analysis-Investors spy the dawn of a tectonic shift away from US markets
A historic global trade war, a proposed $1.2 trillion European fiscal bazooka and the emergence of China as tech race leader are upending global flows of money, marking a potential turning point for investor capital away from the United States. China unlocked more stimulus on Wednesday and promised greater efforts to cushion the impact of an escalating U.S. trade war. Meanwhile, U.S. economic data points to a weakening, and the trade war unleashed by U.S. tariffs that kicked in this week is hurting sentiment inside and outside the world's biggest economy.For most of the last three years, investors had bet on "U.S. exceptionalism," with the country ahead of others in economic growth, stock prices, artificial intelligence and other areas.