Breaking News: Investing
Bitcoin retakes $90,000 as investors see it as alternative to diving dollar and turbulent stocks
Bitcoin reclaimed the $90,000 level for the first time since March as investors jumped into the crypto for a second day amid continued stock market turbulence and a falling dollar. The price of bitcoin was last higher by about 5% at $91,605.01, according to Coin Metrics, bringing its 2-day gain to more than 8%. Earlier, […]
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Wall Street’s iconic charging bull statue vandalized by climate activists wielding neon green paint
Climate activists hold a protest at the Charging Bull statue in Bowling Green near the New York Stock Exchange on April 22, 2025. Michael M. Santiago | Getty Images Wall Street’s iconic Charging Bull statue on Tuesday was vandalized by a group of environmental activists who sprayed the bronze sculpture with neon green paint. The […]
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The bottom is likely not in — and a retest of the lows is coming, chart analysts say
The stock market has yet to find a bottom in the midst of tariff chaos and challenges to the Federal Reserve’s independence, leaving it susceptible to retesting its recent lows, according to chart analysts. Wall Street is off to another dismal start this trading week. The Dow Jones Industrial Average at one point on Monday […]
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Chicago Fed’s Goolsbee says Fed independence is ‘critically important’ for its inflation fight
Chicago Federal Reserve President Austan Goolsbee. Kate Rooney | CNBC Federal Reserve Bank of Chicago President Austan Goolsbee on Monday urged against reducing the central bank’s independence as President Donald Trump amped up criticism of Chair Jerome Powell. “The long run expectations that the Fed would get inflation back down to the 2% target were critically […]
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This fund is designed to help investors withstand wild market swings
ETF Edge This fund is designed to help investors withstand wild market swings Published Sat, Apr 19 202511:00 AM EDT Krysta Escobar WATCH LIVE Source
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Stablecoins to hit $2 trillion in the next three years and spur demand for Treasurys, says Standard Chartered
Stablecoin legislation could fuel an explosion in the supply of the cryptocurrencies whose value is pegged to an external asset, spurring demand for U.S. Treasurys and helping support the dominance of the U.S. dollar, according to analysts at Standard Chartered. Stablecoin assets – most of which are backed by Treasury bills – could grow to […]
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Buy these five stocks with upside ahead of earnings, Bank of America says
Bank of America highlighted five stocks that are poised for upside and that investors should snap up heading into quarterly earnings. The firm said it likes companies that are resilient in a choppy macro environment. They include buy-rated stocks like Coupang, PayPal, Fidelity National, Relx and Flutter. PayPal Analyst Jason Kupferberg is standing by the […]
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U.S. proposes lighter sanctions on Russia as part of peace plan with Ukraine: Bloomberg
Ukrainian servicemen operate a tank on a road near the border with Russia, in the Sumy region of Ukraine, on August 14, 2024. The Ukrainian army entered Russia’s Kursk region on August 6, capturing dozens of settlements in the biggest offensive by a foreign army on Russian soil since World War II. Roman Pilipey | […]
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Should investors dump U.S. stocks for international equities? Here’s what experts are saying
Key Points U.S. stocks had been outperforming the world for years heading into 2025. Now, some investors are changing their investment strategy to boost their international exposure. Although global diversification may be a good move as U.S. markets come under pressure, CNBC Financial Advisor Council members caution against chasing returns. Source
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American Express’s wealthy cardholders are mostly untouched by tariff jitters
American Express‘s affluent cardmembers are showing few signs of curbing their spending, and younger customers drove growth in first-quarter transaction volumes, Chief Financial Officer Christophe Le Caillec told CNBC. Billed business on AmEx cards rose 6% in the period, or 7% when adjusted for the impact of leap year, the company reported Thursday, which shows that the […]
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