US stock volatility is making China's markets look good, Goldman Sachs says
Goldman Sachs is maintaining its overweight calls on China H-shares and A-shares — those listed in Hong Kong and on the mainland, respectively.
Here are the federal leases Elon Musk is cutting in North Texas
Elon Musk along with 1999 Bryan Street in Dallas and 17629 El Camino Real in Houston (Getty, Google Maps, LoopNet)Elon Musk’s Department of Government Efficiency has canceled six federal office leases in Dallas-Fort Worth. The eliminations cut more than $1.12 million in annual rent, D Magazine reported. They are part of the Trump administration’s broader effort to reduce the government’s […]This article originally appeared on The Real Deal. Click here to read the full story.
Bitcoin Dips Below $80K as Crypto Sell-Off Goes From Bad to Worse
The price action came as the Nasdaq and S&P 500 stock indexes fell sharply early Monday as Trump failed to quell worries about a recession.
Bitcoin Crumbles Below $80K as Crypto Sell-Off Goes From Bad to Worse
The price action came as the Nasdaq and S&P 500 stock indexes fell sharply early Monday as Trump failed to quell worries about a recession.
NY Fed: Worry over outlook increases amid stable inflation expectations
(Reuters) -Americans grew more worried about the economic outlook in February even as their expectations of the future path of inflation were little changed, a report on Monday from the Federal Reserve Bank of New York said. According to the bank’s latest Survey of Consumer Expectations, inflation a year from now is seen at 3.1%, up a hair from January’s 3% reading, while the projected level of inflation three and five years from now was unchanged relative to January at 3%. The bank’s relatively calm outlook for inflation contrasted, however, with expectations of accelerating price increases for food, rent, gasoline, college and medical costs, as well as a year-ahead expected rise in home prices of 3.3%.
Cayman Islands Now Requires Licensing for Crypto Custody and Trading Companies
The new law will go into effect on April 1, 2025.
Crypto-Related Stocks Slump Along with Digital Coin Prices on Trump Plans
Shares of firms with ties to cryptocurrencies fell along with the price of digital assets on the latest moves by President Donald Trump.
Baker Hughes says oil producers unlikely to increase spending this year
U.S. oil and gas producers are unlikely to increase spending this year and output increases will primarily come from improved efficiencies rather than new drilling, Baker Hughes Chief Executive Lorenzo Simonelli said on Monday. The outlook comes as U.S. President Donald Trump's administration has repeatedly exhorted the industry to "Drill, baby, drill," to maximize oil and gas production and reduce consumer energy costs. Still, oil prices have fallen this year and many producers remain focused on capital discipline over uninhibited drilling.
U.S. Strategic Bitcoin Reserve, Crypto Stockpile a 'Pivotal Moment' for Industry: KBW
Bitcoin is the real winner as it is exclusively being treated as a reserve asset, the report said.
DexCom Stock Drops as Diabetes Devices Maker Gets FDA Warning Letter
DexCom received a warning letter from the Food and Drug Administration following inspections of two of its plants.