Wall Street bonuses hit record high
Bonus season on Wall Street runs through March, and based on estimates released Wednesday morning, it has been a lucrative start to spring for the more than 200,000 people working in the securities industry.
Reliance Pauses Buying of Venezuelan Oil After Trump 25% Tariff
(Bloomberg) -- Sign up for the India Edition newsletter by Menaka Doshi – an insider's guide to the emerging economic powerhouse, and the billionaires and businesses behind its rise, delivered weekly.Most Read from BloombergThey Built a Secret Apartment in a Mall. Now the Mall Is Dying.Why Did the Government Declare War on My Adorable Tiny Truck?Trump Slashed International Aid. Geneva Is Feeling the Impact.How SUVs Are Making Traffic WorseParis Votes to Make 500 More Streets Car-FreeReliance Ind
Defense Contractor Sold for €1 Is One of Europe’s Hottest Stocks
(Bloomberg) -- A €1 bet on a struggling Austrian engine maker has turned into one of the hottest investments in Europe thanks to the boom in defense stocks.Most Read from BloombergThey Built a Secret Apartment in a Mall. Now the Mall Is Dying.Why Did the Government Declare War on My Adorable Tiny Truck?Trump Slashed International Aid. Geneva Is Feeling the Impact.How SUVs Are Making Traffic WorseParis Votes to Make 500 More Streets Car-FreeGerman private equity firm Mutares SE paid the token pri
Spanish Consumers Helped Economy Outpace Peers at End of 2024
(Bloomberg) -- Household consumption drove Spain’s economic expansion at the end of last year, helping it outpace its euro-zone peers.Most Read from BloombergThey Built a Secret Apartment in a Mall. Now the Mall Is Dying.Why Did the Government Declare War on My Adorable Tiny Truck?Trump Slashed International Aid. Geneva Is Feeling the Impact.How SUVs Are Making Traffic WorseParis Votes to Make 500 More Streets Car-FreeConsumer spending increased 1% in the fourth quarter while government outlays
China Sets Softer Carbon Caps for New Industries Added to Market
(Bloomberg) -- China has set softer emissions rules for the three industries it plans to add to its carbon market in 2025.Most Read from BloombergThey Built a Secret Apartment in a Mall. Now the Mall Is Dying.Why Did the Government Declare War on My Adorable Tiny Truck?Trump Slashed International Aid. Geneva Is Feeling the Impact.How SUVs Are Making Traffic WorseParis Votes to Make 500 More Streets Car-FreeThe regulator has confirmed that steel, aluminum and cement companies will participate in
Bitcoin Hovers Above $87K, Dogecoin, SHIB Surge 11% as Traders Monitor Tariffs
“Call skew hasn’t meaningfully shifted toward calls, with call skew only emerging from June onwards, suggesting traders are waiting to see how the tariff situation develops,” one trading desk said.
Bitcoin's Price Recovery Runs Into a Bearish Double Top Pattern, What Next for XRP, SOL, DOGE?
The double top pattern typically requires confirmation through a decisive drop below the "neckline," the support level between the two peaks, which lies around $80,000 to $84,000 based on recent price action.
Fed's Goolsbee sees lower interest rates in a year's time, but warns of uncertainties, FT reports
Goolsbee, a voting member of Fed's rate-setting committee this year, told the FT that if markets start factoring higher inflation then he would view that as "a major red flag area of concern" for policymaking decisions. Fed policymakers left the central bank's benchmark interest rate in the 4.25%-4.50% range earlier in March and signaled they still expect to lower it at some point later this year. Fed Chair Jerome Powell later said that President Donald Trump's tariff increases would delay progress in bringing down inflation this year, but the Fed's base case is that tariff-related price impacts will be transitory, working through the economy quickly.
Watch These Carvana Price Levels as Stock Surges
Shares Have Gained 33% During Their Five-Day Winning Streak
Consumer sentiment is plunging. Wall Street sees a tired US shopper as a major risk to stocks.
The Conference Board's Consumer Confidence index hits its lowest level in four years this month. Forecasters see weaker spending hurting earnings this year.