Bitcoin Shatters $100,000 Ceiling, Fueled by Trump's Pro-Crypto Stance
Bitcoin's price surpasses $100,000 for the first time, driven by Trump's pro-crypto policies and a surge in investor interest.
OPEC+ Braces for a Much Longer Mission to Defend Oil Prices
(Bloomberg) -- OPEC+ is accepting that its mission to defend oil prices will drag on much longer than expected.Most Read from BloombergKansas City Looks Back on its Long, Costly Ride With MicrotransitNYC’s Run-Down Bus Terminal Gets Approval for $10 Billion RevampAs Wars Rage, Cities Face a Dark New Era of Urban DestructionRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsAt an online gathering on Thursday, the group led by Saudi Arabia and Russia agreed for a third time to delay th
Signet Stock Plunges on Underwhelming Results, Outlook Cut
Signet Jewelers shares plunged Thursday after the world's largest diamond retailer posted lower-than-estimated quarterly results and cut its full-year projections.
From outsider to the Oval Office, bitcoin surges as a new administration embraces crypto
Born from the ashes of the 2008 global financial crisis, bitcoin arrived after trust had withered in the financial system and in Washington's ability to protect those who must participate in it. Now, it's Washington's very embrace of bitcoin that's helping to send its price to records and lining the pockets of its believers. Bitcoin briefly surged above $103,000 after President-elect Donald Trump said he intends to nominate Paul Atkins, a former regulator who's seen as friendly to crypto, as the next chair of the Securities and Exchange Commission.
Tariffs under first Trump term hurt US firms, NY Fed analysis says
Import tariffs during President-elect Donald Trump's first term broadly lowered stock values on the day they were unveiled, and were associated with lower future profits, sales and employment for the firms whose equity prices were hit the hardest, new analysis by Federal Reserve Bank of New York staff concluded. Firms exposed to trade with China in particular, about half of publicly listed companies, saw bigger stock market losses on days when import tariffs were announced during 2018 and 2019, and over the ensuing two years saw profits, for example, that were about 13% lower than others.
These Small Stocks Got a Big Boost From Trump Jr. Tie-Ups
The stocks of several little-known companies have soared in recent weeks after announcing tie-ups with Donald Trump Jr., the President-elect's eldest son.
EXCLUSIVE: J.Crew Names Julia Collier Chief Marketing Officer
Collier brings to J.Crew almost two decades of experience in marketing including a recent senior role at Skims.
Bitcoin Surged Past $100K, Can It Stay There?
Bitcoin bulls remain confident that despite a history of volatility, the cryptocurrency will continue to trade higher than $100,000.
Bitcoin zooms past $100K mark for the first time
Bitcoin prices have been on the rise this year, and the cryptocurrency has reached the $100,000 price point for the first time on Wednesday. The cryptocurrency's price has jumped more than 5% in the last 24 hours. The latest rally began with the election of Donald Trump as president, as he promised a more crypto-friendly regime than current president Joe Biden.
Southwest Stock Rises as Airline Lifts Outlook on Strong Travel Demand
Southwest Airlines shares rose Thursday morning after the airline became the latest to improve its revenue outlook, citing strong demand for travel heading into the holiday season.