U.S. stocks ended modestly higher on Wednesday and the S&P 500 notched its second straight all-time closing high as investors scrutinized the minutes from the Federal Reserve's January policy meeting and digested U.S. President Donald Trump's tariff plans. All three major U.S. equity indexes made gains on the day. At the Fed's January policy meeting, the U.S. central bank left its key interest rate unchanged.
As Rush’s Neil Peart once wrote, “Changes aren’t permanent, but change is” – a sentiment that rings especially true in the fast-evolving digital economy. The natural ebbs and flows of business cycles are amplified by the speed of digital transactions, while emerging technologies continuously introduce new assets to investors’ radar. Few sectors embody this transformation more than crypto, where innovation and growing mainstream adoption are reshaping the financial landscape. Observing these shif
(Bloomberg) -- Chinese mainland investors bought HK$22.4 billion ($2.88 billion) worth of Hong Kong stocks on Tuesday, as they continued to drive a DeepSeek-spurred tech rally in the city.Most Read from BloombergWhy Barcelona Bought the Building That Symbolizes Its Housing CrisisPor qué Barcelona compró el edificio que simboliza su crisis inmobiliariaTrump Child Refugee Agency Shares Data With Immigration EnforcersA Filmmaker’s Surreal Journey Into His Own Private WinnipegThe inflow was the bigg
If you hold cryptocurrencies like XRP (CRYPTO: XRP) or Bitcoin, (CRYPTO: BTC) you're probably not sure how they'd hold up in the event of an economic recession. In the U.S., an economic recession is generally defined as a period of at least two consecutive quarters in which the gross domestic product (GDP) decreases rather than increases as normal. Usually recessions are accompanied by higher unemployment, reduced consumption of goods and services, reduced international trade volume, and falling asset prices, particularly in more liquid assets like stocks and cryptocurrencies, but often in harder assets like real estate as well.
(Bloomberg) -- Europe’s primary market is set to get a boost on Wednesday as Carlsberg Breweries A/S and Johnson & Johnson inject the first major buyout debt of the year.Most Read from BloombergWhy Barcelona Bought the Building That Symbolizes Its Housing CrisisSorry, Kids: Disney’s New York Headquarters Is for Grown-UpsPor qué Barcelona compró el edificio que simboliza su crisis inmobiliariaTrump Child Refugee Agency Shares Data With Immigration EnforcersA Filmmaker’s Surreal Journey Into His O
Hong Kong is gearing up to compete for "global liquidity" in the virtual asset industry, the city's regulators said on Wednesday at Consensus, one of the world's biggest cryptocurrency conferences, as the Asian financial centre sees some success attracting international business. "We have to think how are we going to provide a regulatory framework for growth which allows for responsible innovation ... and tapping into global liquidity," SFC Chief Executive Julia Leung said during a panel discuss
Which of these Bitcoin-driven stocks is a better buy right now?
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at U-Haul (NYSE:UHAL) and the best and worst performers in the ground transportation industry.
As the Q4 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the social networking industry, including Yelp (NYSE:YELP) and its peers.
Let’s dig into the relative performance of Macy's (NYSE:M) and its peers as we unravel the now-completed Q3 department store earnings season.
