The market’s all-time highs come with a load of anxiety: Morning Brief
The S&P 500 notched another all-time high. But at the same time, the market mood isn't particularly great. For good reason.
Money market account rates today, February 20, 2025 (earn up to 4.75% APY)
Looking for the best money market account interest rates available today? Here’s where to find the highest rates. Is a good time to open a money market account?
Fund Giant BlackRock Is Out to Unite Public and Private Markets
(Bloomberg Markets) -- Asset management has two great kingdoms. The purveyors of mutual funds and exchange-traded funds dominate the first and better-known one. They invest in public stocks and bonds, and their clients are increasingly sensitive to costs. Their most popular products these days are passive index trackers with razor-thin fees, often just a few hundredths of a percentage point of assets each year. But the money managers make it up on volume, selling funds to everyone from big insti
European Bank Stocks Head for Best Winning Streak Since 1997
(Bloomberg) -- European banks have sailed through the earnings season and are promising massive share buybacks, adding fuel to their best winning streak since 1997.Most Read from BloombergTrump to Halt NY Congestion Pricing by Terminating ApprovalSorry, Kids: Disney’s New York Headquarters Is for Grown-UpsAirbnb Billionaire Offers Pre-Fab Homes for LA Fire VictimsChild Migrant Watchdog Gutted in DOGE CutsChicago Council Delays $830 Million Bond Vote Amid ScrutinyThe sector has been rallying for
US Stocks’ Resistance to Shocks Rises to Pre-Pandemic Levels
(Bloomberg) -- A measure of the S&P 500 Index’s ability to brush off fear-inducing headlines and surprise policy announcements is the strongest since before the Covid-19 pandemic.Most Read from BloombergTrump to Halt NY Congestion Pricing by Terminating ApprovalSorry, Kids: Disney’s New York Headquarters Is for Grown-UpsAirbnb Billionaire Offers Pre-Fab Homes for LA Fire VictimsChild Migrant Watchdog Gutted in DOGE CutsChicago Council Delays $830 Million Bond Vote Amid ScrutinyInvestors are now
Wall St dips as markets assess Trump's tariff threats; Walmart slides
Wall Street's main indexes opened lower on Thursday as investors avoided risky bets after another bout of tariff threats from President Donald Trump, while heavyweight retailer Walmart plunged on a downbeat fiscal 2026 sales forecast. Walmart slid 6.2% after the world's largest retailer forecast sales for the fiscal year ending January 2026 below estimates, as it anticipates inflation-weary consumers to pull back after several quarters of solid growth. "Walmart set a negative tone for expectations ... that's adding to concerns that the improvement in fourth quarter earnings were the result of weaker expectations for the first quarter of 2025," said Sam Stovall, chief investment strategist at CFRA.
Crypto Exchange Deribit Still in Talks to Be Acquired by Kraken: Source
A second source said U.S.-listed exchange Coinbase has also been kicking the tires of Deribit.
Mortgages Triple as Milei Reignites a Snuffed-Out Housing Market
(Bloomberg) -- Endless boom-and-bust cycles have shuttered Argentines’ access to mortgages for years. Now, home loans are coming back in a big way. Most Read from BloombergTrump to Halt NY Congestion Pricing by Terminating ApprovalSorry, Kids: Disney’s New York Headquarters Is for Grown-UpsAirbnb Billionaire Offers Pre-Fab Homes for LA Fire VictimsChild Migrant Watchdog Gutted in DOGE CutsChicago Council Delays $830 Million Bond Vote Amid ScrutinyBanks are expected to issue some $3 billion of th
Dogecoin mania is back. Will the SEC approve an ETF for Elon Musk’s favorite crypto?
Dogecoin is making headlines once again. The reason? The Securities and Exchange Commission has officially acknowledged Grayscale’s filings for a spot Dogecoin exchange-traded fund (ETF), the Grayscale Dogecoin Trust. This marks the beginning of the SEC’s review process, which could potentially bring the Dogecoin ETF to the stock exchanges.
Is XRP the New Bitcoin?
XRP (CRYPTO: XRP) and Bitcoin (CRYPTO: BTC) remain two of the most-watched cryptocurrencies even after years of being in circulation, and they've earned that distinction by providing value to investors all the while. First, let's take a beat to understand the investment thesis for both coins to see if there's anything obvious that would imply the victory of one over the other in the long term. Bitcoin's investment thesis is that its supply growth will constantly slow as a result of the amount of effort required to mine it, which ratchets upward roughly every four years in a process called the halving.