Vaccine stocks slid late Thursday as reports stated noted anti-vaccine politician Robert Kennedy Jr. will serve as the next head of the Department of Health and Human Services.
Shares of Applied Digital surged in extended trading Thursday after Nvidia reported a stake in the company.
The crypto markets are buzzing post-election, with big players making huge moves and record-breaking news dropping every single day this week. BlackRock is expanding its tokenized U.S. Treasury product across multiple blockchains, and its Bitcoin ETF has rocketed to $40 billion in assets. Trump is fuelling optimism with pro-crypto policies, personal Bitcoin holdings, and promises of regulatory reform within the crypto industry. Meanwhile, inflation data is spurring price action, and Robinhood ha
Traders see another rate in December as likely after consumer and wholesale inflation this week were in line with expectations.
(Bloomberg) -- The mastermind behind one of the biggest-ever Bitcoin heists was ordered to serve five years in prison for conspiring with his social-media rapper wife to launder money he stole by hacking into the Bitfinex exchange and grabbing cryptoassets now worth billions of dollars.Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesZimbabwe City of 700,000 at Risk of Running Dry by Year-EndSaudi Neom Gets $3 Billion Loan Guarantee From Italy Export Credit Agency
Powell, asked at an event in Dallas whether he would consider being the first Fed chair in more than seven decades to remain on the Fed board after no longer serving as its leader, said only that he is committed to serving out his term as chair. "I'll certainly serve to the end ... of my chair term," Powell said. Powell's term as a Board of Governors member expires in January 2028.
(Reuters) -Warren Buffett's Berkshire Hathaway said on Thursday it made new investments in Domino's Pizza and Pool Corp in the third quarter, even as it retrenched from stocks such as Apple and Bank of America. Berkshire owned 1.28 million Domino's shares worth about $549 million as of Sept. 30. It also owned 404,000 shares of Pool, a distributor of swimming pool supplies, worth about $152 million as of that date.
(Bloomberg) -- Chancellor of the Exchequer Rachel Reeves said the UK’s crackdown on banks in the wake of the global financial crisis has gone too far and vowed to give the country’s watchdogs new marching orders to ensure they’re focused on growing the economy.Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesZimbabwe City of 700,000 at Risk of Running Dry by Year-EndSaudi Neom Gets $3 Billion Loan Guarantee From Italy Export Credit Agency SaceThe Urban-Rural Divid
Here are the latest changes to Berkshire Hathaway’s portfolio and Buffett’s top bets.
(Bloomberg) -- Stocks fell after Jerome Powell signaled there’s no need for the Federal Reserve to rush with rate cuts as the economy is holding up.Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesZimbabwe City of 700,000 at Risk of Running Dry by Year-EndNYC Congestion Pricing Plan With $9 Toll to Start in JanuarySaudi Neom Gets $3 Billion Loan Guarantee From Italy Export Credit Agency SaceThe Urban-Rural Divide Over Highway Expansion and EmissionsThe equity mark
