Dogecoin Trade Goes From Meme to Reality as Donald Trump Confirms D.O.G.E
In an X post, Musk said that all Department of Government Efficiency actions will be posted online for maximum transparency.
Rest of world’s markets broken by Trump’s America-first plan
(Bloomberg) -- Donald Trump’s election victory has catapulted US stocks to fresh records and pushed the dollar to a two-year high. It’s anything but good news for the rest of the world. Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesThe Leaf Blowers Will Not Go QuietlyNo Water by Year-End for This Zimbabwean City of 700,000 PeopleArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in Denver’s RiNo DistrictEqui
Shopify's 25% gain sends Canada's benchmark stock index to all-time highs
Shopify's surge added fuel to Canada's strong market rally, helping its benchmark index cross 25,000 for the first time.
US inflation may have picked up in October after months of easing
Annual inflation may have risen in October for the first time in seven months, a sign that price increases might be leveling off after steadily cooling for more than two years. Measured month to month, prices are believed to have ticked up 0.2% from September to October, the same as in the previous month. Excluding volatile food and energy costs, so-called core prices are forecast to have risen 3.3% from a year earlier, unchanged from the previous month.
Crypto Venture Funding Dipped in Quarter Before Trump’s Victory
(Bloomberg) -- Venture capital investment in the cryptocurrency sector fell significantly in the third quarter before President-elect Donald Trump’s electoral surge revived industry sentiment.Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesThe Leaf Blowers Will Not Go QuietlyNo Water by Year-End for This Zimbabwean City of 700,000 PeopleArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in Denver’s RiNo Distri
China’s Copper Market Needs More Stimulus, Says Top Importer
(Bloomberg) -- China needs to deploy more economic stimulus if copper demand is to revive, according to a major importer of the metal.Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesThe Leaf Blowers Will Not Go QuietlyNo Water by Year-End for This Zimbabwean City of 700,000 PeopleArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in Denver’s RiNo DistrictThe government has issued a slew of measures since late
Sri Lankan president seeks party win in parliamentary election to help him push his economic reforms
Sri Lankan President Anura Kumara Dissanayake is looking to consolidate his party's power in Thursday's parliamentary election to help him implement his election pledges to solve the country's economic woes and foster good governance. The Marxist-leaning Dissanayake won the presidential election on Sept. 21 in a victory that marked a rejection of the traditional political parties that have governed the island nation since its independence from British rule in 1948.
China Begins to Market Its First Dollar Bonds in Three Years
(Bloomberg) -- China started marketing dollar bonds in Saudi Arabia, marking the country’s first debt sale in the US currency since 2021.Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesThe Leaf Blowers Will Not Go QuietlyArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in Denver’s RiNo DistrictIt’s offering the three-year and five-year securities with initial price guidance of about 25 basis points and 30 ba
Oil Steadies Near November Lows With Outlook for Demand in Focus
(Bloomberg) -- Oil steadied near its lowest level this month, with the outlook for demand in focus after OPEC cut projections on China’s slowdown.Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesThe Leaf Blowers Will Not Go QuietlyArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in Denver’s RiNo DistrictBrent crude traded near $72 a barrel after ending little changed on Tuesday, with West Texas Intermediate a
Why the euphoric post-election stock rally is disconnected from reality, according to a top economist
With expectations for rates to stay high, and slim Republican majorities in Congress, Trump's policies might not pump up business activity as expected.