U.S. policymakers embrace crypto expertise, aiming for clarity and fairness
A new regulatory direction prioritizes expert involvement and balanced oversight in the crypto space.
Retail sales rose at healthy pace last month in latest sign of US economy's health
Retail sales rose 0.7% in November, the Commerce Department said Tuesday, a solid increase and higher than October's 0.5% gain. Sales jumped 2.6% at auto dealers, driving most of the gain. The boost in spending underscores that the economy is still growing at a healthy pace even with higher interest rates, a trend that could cause the Federal Reserve to lower borrowing costs more slowly next year than they have previously signaled.
Three Reasons Why Alibaba (BABA) Is a Top Stock after Its Recent Pullback
Alibaba’s (BABA) shares have fallen more than double digits since reaching their 52-week highs in early October, following a rally driven by the announcement of a robust stimulus package for the Chinese economy. However, despite being in correction territory, I believe three bullish factors surrounding the Chinese e-commerce giant have been underestimated by the market. These factors are reflected in the company’s valuation, which appears to be sufficiently de-risked for long-term optimism. As a
Why Bitcoin is being added to portfolios, from billionaires to tech giants
Corporate adoption of bitcoin grows, inspiring new approaches to diversification, mining, and efficiency.
US ports brace for perfect storm as tariff threats scramble supply chains
Logistics firms say lessons learned from the US-China trade war in 2018 and the changes implemented since may help cushion the blow if Trump makes good on promises to hike tariffs on US imports.
Marquee Brands Taps Former Authentic Exec Natasha Fishman as Chief Marketing Officer
Fishman will lead the company’s marketing, creative and corporate communications.
Avoid these crypto investing mistakes, says expert
Long-term crypto growth prospects suggest even established assets remain poised for gains in coming years.
Dow Posts 9th Straight Daily Loss; Fed Meeting Gets Underway
The Dow Jones Industrial Average declined for the ninth straight day as the Federal Reserve kicked o
A former Fed president says she would not cut interest rates this week, but she expects the central bank will anyway
The Federal Reserve is expected to cut its key interest rate by 25 basis points on Wednesday.
Stocks Drop Before Fed’s Last Decision of the Year: Markets Wrap
(Bloomberg) -- US stocks declined as traders braced for the Federal Reserve’s widely anticipated rate decision and its forecast for next year.Most Read from BloombergHow California Sees the World, and ItselfHong Kong's Expat Party Hub Reshaped by Chinese InfluxLondon’s Tube Fares Are Set to Rise by 4.6% Next YearThe S&P 500 and the Nasdaq 100 slid 0.4%. The Dow Jones Industrial Average posted its longest losing streak since 1978. The yield on 10-year Treasuries was little changed at 4.40%. Bloom
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