Tariffs likely to fuel inflation ‘relatively soon,’ Fed’s Williams says
Concern about U.S. import duties “is clearly influencing how people are thinking about inflation this year,” New York Federal Reserve Bank President John Williams said.
Concern about U.S. import duties “is clearly influencing how people are thinking about inflation this year,” New York Federal Reserve Bank President John Williams said.
Bitcoin plunged below $82,000 as Trump’s new tariffs rattled markets, triggering $1 billion in liquidations.
Trump’s proposal for a five-coin reserve dilutes the value proposition of bitcoin and smacks of self-interest, says Nic Carter.
Bitcoin’s notoriously volatile again, shedding $10,000 in a single day as its price tumbled from $93,000 to $83,000. This is all because of President Donald Trump’s proposal to establish a strategic cryptocurrency reserve — a pivot from his earlier stance of exclusively stockpiling Bitcoin.
Best Buy warned that new tariffs and inflation will negatively impact its business Tuesday, and shares plunged nearly 15% to lead S&P 500 decliners.
The cryptocurrency trading firm is considering opening new offices in both New York and Singapore.
Dave Ramsey calls crypto investing “gambling,” urging investors to stick to mutual funds.
By Rayk Riechmann From banks to hedge funds to mom-and-pop investors, the Bitcoin (BTC) boom has garnered support from virtually every direction, with President Donald Trump this week vowing to create a strategic crypto reserve for the U.S. government. What if investors could bet on growth across the new Bitcoin economy while also getting direct […]
Sacks is a “special government employee" exempt from the mandatory divestiture required of other public officeholders.
(Bloomberg) -- The market for US initial public offerings should look a lot more like the years prior to the pandemic-fueled boom, according to the head of the New York Stock Exchange.Most Read from BloombergHow Upzoning in Cambridge Broke the YIMBY MoldRemembering the Landscape Architect Who Embraced the CityHong Kong Joins Global Stadium Race With New $4 Billion Sports ParkUS Tent Facility is Holding Migrant Families Longer Than RecommendedNYC’s Finances Are Sinking With Gauge Falling to 11-Ye