Stock market today: S&P 500, Nasdaq rise amid more signs of inflation cooldown
Wholesale inflation and jobless data set the stage for a Fed rate cut next week.
Stablecoins Increasingly Used for Savings, Payments in Emerging Countries, but Crypto Trading Still Leads: Report
Commissioned by Brevan Howard and Castle Island Hill, the survey covered more than 2,500 crypto users in Brazil, Nigeria, Turkey, Indonesia and India.
Stock market today: Wall Street is steady following economic reports with few surprises
U.S. stocks are drifting in mixed trading Thursday following a couple reports on the economy that came in close to expectations. In the bond market, the yield on the 10-year Treasury rose to 3.69% from 3.66% late Wednesday.
Stablecoin Giant Circle Is Moving Its Headquarters to New York City
The USDC issuer will move into One World Trade Center, and New York Mayor Eric Adams – who has sought to make the city a crypto hub – will attend the Friday ribbon cutting.
S&P 500 Flounders in Wake of $1.3 Trillion Rally: Markets Wrap
(Bloomberg) -- Stocks struggled to gain traction after a $1.3 trillion rally, with the latest economic data failing to boost market momentum.Most Read from BloombergHow Americans Voted Their Way Into a Housing CrisisFor Tenants, AI-Powered Screening Can Be a New Barrier to HousingHousing’s Worst Crisis in Decades Reverberates Through 2024 RaceAfter a Record Hot Summer, Pressure Grows for A/C MandatesChicago Halts Hiring as Deficit Tops $1 Billion Through 2025The S&P 500 fluctuated after a three-
Kalshi Lists Long-Sought Election Contracts After Beating CFTC in Court
Contracts on which party will control the Senate and House went live Thursday shortly after a federal judge rejected the regulator's last-minute bid to block them.
eToro to restrict U.S. crypto trading after SEC settlement, pay $1.5 million fine
Bitcoin, bitcoin cash, and ether will still be available for trading on the platform, however.
EToro Reaches $1.5M SEC Settlement, Agrees to Stop Trading Most Cryptocurrencies
The only crypto assets U.S. customers will be able to trade on the company’s platform are bitcoin, bitcoin cash and ether.
Oil Rises for Second Day as Storm Hits Gulf, Algo Selling Slows
(Bloomberg) -- Oil gained for the second straight day after storm Francine disrupted crude production in the Gulf of Mexico and algorithm-driven traders took a break from sharp selling in recent sessions. Most Read from BloombergHow Americans Voted Their Way Into a Housing CrisisFor Tenants, AI-Powered Screening Can Be a New Barrier to HousingHousing’s Worst Crisis in Decades Reverberates Through 2024 RaceAfter a Record Hot Summer, Pressure Grows for A/C MandatesChicago Halts Hiring as Deficit T