Breaking News: Investing
Sen. Blumenthal asks Visa for records of its payments deal with Elon Musk’s X
Senator Richard Blumenthal, D-CT, speaks during a Senate Judiciary Committee hearing on the January 6th insurrection, in the Hart Senate Office Building on Capitol Hill in Washington, DC, March 2, 2021. Graeme Jennings | Pool via Reuters Sen. Richard Blumenthal this week pressed Visa for detailed plans and documents related to its deal to provide […]
Read More
Passive investing movement gets its Hollywood moment
watch now VIDEO14:1914:19 Dimensional’s David Booth and filmmaker Errol Morris on investing documentary ‘Tune Out the Noise’ News Videos A new documentary titled “Tune Out The Noise” brings together some of the academic heavyweights whose work reshaped the financial industry and helped lower costs for all investors. The film, made by Academy Award-winning documentarian Errol […]
Read More
Why Trump’s crypto order disappointed: ‘This is not the aggressive bitcoin reserve some were pressing for’
President Donald Trump on Thursday night officially established the widely anticipated U.S. strategic bitcoin reserve , fulfilling a major re-election campaign promise to the crypto industry. The market didn’t seem to care much, however. Cryptocurrencies have recovered most of their initial losses after a quick drop following the news. Bitcoin was hovering at $88,000, the […]
Read More
Treasury Secretary Bessent says economy could be ‘starting to roll a little bit’
U.S. Treasury Secretary Scott Bessent attends at an Economic Club of New York event in New York City, U.S., March 6, 2025. Jeenah Moon | Reuters Treasury Secretary Scott Bessent on Friday acknowledged some signs of weakness in the U.S. economy. “Could we be seeing that this economy that we inherited starting to roll a […]
Read More
Cryptocurrencies decline as Trump’s U.S. bitcoin reserve plan falls short of expectations
Jakub Porzycki | Nurphoto | Getty Images Cryptocurrencies fell Thursday night after President Donald Trump signed an executive order creating a strategic bitcoin reserve for the United States and, separately, a “digital asset stockpile.” The price of bitcoin was last lower by 3% at $87,586.86, according to Coin Metrics. Shortly after the news broke, it […]
Read More
Trump says he’s not even looking at stock market, tariffs will make U.S. ‘very strong’
U.S. President Donald Trump looks on in the Oval Office, on the day he signs executive orders, at the White House in Washington, D.C., U.S. March 6, 2025. Evelyn Hockstein | Reuters President Donald Trump said Thursday that his administration would not consider stock market reaction when hammering out the details of its tariff policy. […]
Read More
Tom Lee is a buyer of stocks and says a lot of bad news is already priced in
Tom Lee said the stock market is a buy now that it has priced in much of the bad news, and is poised for a huge rally in the coming months. “I am optimistic. I mean, I can understand why investors are sitting on their hands … they don’t really know how severe these tariffs […]
Read More
Trump ‘bump’ disappears as the S&P 500 is now negative since the election
President-elect Donald Trump walks onto the floor of the New York Stock Exchange (NYSE) with his wife Melania, after being named TIME’s “Person of the Year” for the second time on December 12, 2024 in New York City. Spencer Platt | Getty Images The S&P 500 has now lost all of its post-election gains as […]
Read More
CFPB drops lawsuit against JPMorgan Chase, Bank of America and Wells Fargo over Zelle fraud
FILE PHOTO: Office of Management and Budget (OMB) Acting Director Russell Vought testifies before House Budget Committee on 2020 Budget on Capitol Hill in Washington, U.S., March 12, 2019. Yuri Gripas | Reuters The Consumer Financial Protection Bureau on Tuesday dismissed its lawsuit against the operator of the Zelle payments network and the three U.S. banks […]
Read More
Bitcoin erases all of its gain that followed Trump’s crypto reserve announcement
The new Bitcoin token is photographed on U.S. $100 bills. Sopa Images | Lightrocket | Getty Images The price of bitcoin failed to recover the $85,000 level – where it traded before President Donald Trump’s announcement of a U.S. crypto reserve sent it soaring – after a sell-off driven by tariff concerns knocked it down. […]
Read More