The Labor Department will bring back staff to work on a key inflation report.
Category: Finance News
Morgan Stanley drops restrictions on which wealth clients can own crypto funds
Morgan Stanley’s move marks the latest expansion of access to crypto at the world’s largest wealth management firm.
Stocks making the biggest moves premarket: Applied Digital, Mosaic Levi Strauss & more
See which stocks are posting big moves before the bell.
Fed Governor Waller sees more rate cuts but says central bank needs to be ‘cautious about it’
Waller continues to support lowering rates but said the central bank needs to be careful amid conflicting economic signals.
How the world’s 240,000 crypto millionaires are spending their fortunes
There are now an estimated 241,700 individuals with crypto holdings worth $1 million or more, up 40% from last year, according to new data.
Trump’s Fed chair candidates list narrowed down to five by Bessent after interviews, sources say
Treasury plans to hold another round of interviews with all five candidates in the coming weeks and months.
China retaliates against U.S. port fees with new charges on American ships
The move comes a day after China ramped up restrictions on rare earths exports amid ongoing tensions with the U.S.
China’s property slump this year is looking much worse than expected, S&P says
China’s real estate market is on track to drop more than previously expected this year due to the lack of government support, S&P Global Ratings said.
‘Bitcoin is not an asset class’: UK’s biggest investment platform has a stark warning for investors
“We do not think cryptocurrency has characteristics that mean it should be included in portfolios for growth or income,” Hargreaves Lansdowne said.
Former Fed Governor Larry Lindsey withdraws name for Fed chair
Former U.S. Federal Reserve Governor Larry Lindsey has withdrawn his name from the list of candidates for the next potential chair of the Federal Reserve.