Michael Saylor's MicroStrategy arbitrage seals suggest underlying market risks
Prime brokerage desks are preparing for credit shocks as leveraged trading expands within cryptocurrency financial networks.
Prime brokerage desks are preparing for credit shocks as leveraged trading expands within cryptocurrency financial networks.
Rate-sensitive stocks plummeted on Wednesday after the Federal Reserve scaled back its forecast for future interest rate cuts and projected inflation would run hotter than previously expected next year.
Federal Reserve Chair Jerome Powell hinted Wednesday that the economic policies of President-elect Donald Trump are starting to become top of mind for the central bank.
In a year marked by three consecutive rate cuts totaling 100 basis points, Federal Reserve Chair Jerome Powell said the Fed is shifting gears to a more cautious stance heading into 2025 as interest rates move tantalizingly close to a neutral environment for the economy. Following the latest 25-basis-point reduction announced Wednesday, the federal funds rate now sits at 4.25%-4.5%, the lowest since January 2023. “We’re significantly closer to neutral,” Powell said during the post-meeting press c
Steve Burns: Stocks are in the ‘greatest bubble in the history of civilization.’ He blames the Fed.
The president-elect’s inaugural fund donors range from CEOs like Sam Altman and Ken Griffin, to Meta, Amazon, Bank of America and Goldman Sachs.
U.S. tax changes set for 2025 mean digital asset holders should consider strategies to protect their wealth, say Jeff Verdon, Moish Peltz and Kyle Lawrence.
(Bloomberg) -- Oil rose as strong US crude exports signaled firm global demand before paring gains after the Federal Reserve reduced the number of rate cuts it expects to make next year.Most Read from BloombergNYPD Car Chases Are Becoming More Frequent — and More DangerousWest Texas Intermediate advanced 0.7% to settle below $71 a barrel, while Brent edged higher to settle above $73. WTI’s gain shrank after the session as the Federal Reserve’s outlook for 2025 boosted the dollar, making commodit
The integration allows BOB, a "hybrid L2," to use Bitcoin as its anchor chain where transactions with assets from other chains can be irreversibly recorded.
NEW YORK (Reuters) -Futures on the federal funds rate, which measure the cost of unsecured overnight loans between banks, priced in on Wednesday that the Federal Reserve will hold the overnight benchmark rate steady in January, after it lowered rates by 25 basis points at the end of its two-day meeting. Rate futures also factored in about 33 bps in cuts in 2025, down from 49 bps immediately after the Fed statement, LSEG calculations showed. The Fed on Wednesday also released new estimates on rate forecasts, also known as the "dot plot", which called for two quarter-point rate cuts next year.