The Securities and Exchange Commission has approved the first U.S. spot bitcoin exchange-traded funds. Here’s what to know before buying these assets.
Category: Finance News
U.S. deficit tops half a trillion dollars in the first quarter of fiscal year
The budget deficit totaled almost $510 billion, following a shortfall of $129.4 billion in December alone.
Stocks making the biggest moves midday: Paramount, Warner Bros. Discovery, Lyft and more
These are the stocks posting the largest moves in midday trading.
Here’s the inflation breakdown for December 2023 — in one chart
The consumer price index rose by 3.4% in December 2023, on an annual basis. That’s up from November, but there are reasons for optimism, economists said.
Consumer prices rose 0.3% in December, higher than expected, pushing the annual rate to 3.4%
The consumer price index for December was expected to increase 0.2% on a monthly basis and 3.2% from a year ago, according to Dow Jones.
Here’s what a bitcoin ETF actually means for investors
The SEC approved the first-ever spot bitcoin ETFs on Wednesday, paving the way to begin trade. Here’s what you need to know.
Shipping boss says ongoing Red Sea disruption could have ‘significant consequences’ for global growth
Maersk CEO Vincent Clerc said it was unclear whether Red Sea trade would resume in “days, weeks or months.”
Stocks making the biggest moves premarket: Citigroup, Lyft, Salesforce, Chewy and more
These are the stocks posting the largest moves in premarket trading.
Coinbase, Robinhood shares rise as bitcoin ETF approval adds credibility to cryptocurrency industry
Shares of Coinbase and Robinhood popped Thursday as traders bet the approval of bitcoin exchange-traded funds in the U.S. would give the companies a boost.
Turkish lira hits fresh record low against the U.S. dollar
The beleaguered lira has fallen some 37% against the U.S. benchmark over the past year.