Breaking News: Markets
Bitcoin sinks below $99,000 as U.S. strikes on Iran trigger crypto market sell-off
Bitcoin fell to its lowest level since May over the weekend, as rising tensions in the Middle East and renewed inflation fears triggered a sharp selloff across digital assets. Bitcoin dropped below the $99,000 mark on Sunday — its lowest point in more than a month — as the crypto market became the first to […]
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U.S. calls on China to prevent Iran from closing Strait of Hormuz and disrupting global oil flows
Satellite image of the Strait of Hormuz, a strategic maritime choke point with Iran situated at the top with Qeshm Island and the United Arab Emirates to the South. Imaged 24 May 2017. Gallo Images | Getty Images U.S. Secretary of State Marco Rubio on Sunday called for China to prevent Iran from closing the […]
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Gulf markets end higher, shielded from major turmoil after the U.S. strike on Iran
This picture taken December 12, 2019 shows a view of the sign showing the logo of Saudi Arabia’s Stock Exchange Market (Tadawul) bourse in the capital Riyadh. FAYEZ NURELDINE | AFP | Getty Images Markets across the Middle East ended mostly higher on Sunday after the United States entered the war between Israel and Iran […]
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How regime change in Iran could affect global oil prices
Senior Israeli officials said this week that their military campaign against Iran could trigger the fall of the regime, an event that would have enormous implications for the global oil market. The oil market has reacted with remarkable restraint as Israel has bombed the third-largest crude producer in OPEC for eight straight days, with no […]
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China’s property sector has been in an extended slump. Shrinking population is making it worse
QINGZHOU, CHINA – JUNE 16, 2025 – Citizens are viewing sand table at the sales office of a commercial residential property development in Qingzhou City, Shandong Province, China on June 16, 2025. Cfoto | Future Publishing | Getty Images China’s real estate sector has grappled with a deepening downturn for years. Now a shrinking population […]
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Why ether ETF inflows have come roaring back from the dead
Omar Marques | Lightrocket | Getty Images Ether ETFs have finally come to life this year after some started to fear they may be becoming zombie funds. Collectively, the funds tracking the price of spot ether are on pace for their sixth consecutive week of inflows and eight positive week in the last nine, according […]
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Stocks making the biggest moves midday: GXO Logistics, CarMax, Nvidia, Circle & more
Check out the companies making the biggest moves midday: GXO Logistics — The stock popped more than 11% after the supply chain and warehousing management firm raised its full-year earnings outlook. The company now sees EBITDA between $860 million and $880 million. GXO also appointed Patrick Kelleher as CEO, effective Aug. 19. CarMax — Shares […]
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JPMorgan Chase beefs up mobile app with bond trading as bank targets $1 trillion in assets
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., during a Bloomberg Television interview on the sidelines of the JPMorgan China Summit in Shanghai, China, on Thursday, May 22, 2025. Qilai Shen | Bloomberg | Getty Images Once a laggard in the online investing game, JPMorgan Chase now believes it is a leader. The […]
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Fed Governor Waller says central bank could cut rates as early as July
Key Points Fed Governor Christopher Waller said Friday that he doesn’t expect tariffs to boost inflation significantly so policymakers should be looking to lower interest rates as early as next month. “If you’re starting to worry about the downside risk [to the] labor market, move now, don’t wait,” he said. Most Fed policymakers prefer a […]
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Apollo to pump £4.5 billion into UK nuclear project in major private loan deal
Cranes surround one of the two reactors being constructed at Hinkley Point C on September 27, 2024 in Bridgwater, England. Anna Barclay | Getty Images News | Getty Images U.S. asset management giant Apollo is set to provide a £4.5 billion ($6 billion) loan to U.K. nuclear project Hinkley Point C, as the private credit […]
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