Donald Trump says U.S. interest rates are already too high. Markets are increasingly betting that the Federal Reserve chair he appointed will raise them anyway. At 5:20 p.m. EDT on…
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Business
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PG&E shares lost about one-fifth of their value Monday after California lawmakers produced a wildfire package that left the utility industry’s central liability concerns largely untouched. PCG was trading at…
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Salesforce’s latest earnings did more than rescue a stock that had spent much of the past year under pressure. They reopened a much bigger market question: what if artificial intelligence…
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Kevin Warsh did not give markets the forward guidance they wanted at Jackson Hole. He gave them something more consequential: a much clearer hierarchy of risks. Inflation is first. In…
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Why Is Schwab Expanding Beyond Bitcoin And Ether? Charles Schwab plans to add Solana, Avalanche and Chainlink to its cryptocurrency trading platform in the coming months, widening its direct digital…
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How Does The Bitcoin-Backed Mortgage Work? Better Mortgage and Coinbase have made their Bitcoin-backed mortgage product generally available, giving U.S. homebuyers a way to use Bitcoin toward a down payment…
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A federal jury convicted Las Vegas business owner Brent C. Kovar on Monday for defrauding at least 400 investors of $24 million through a cryptocurrency Ponzi scheme, exposing him to…
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Treasury Secretary Scott Bessent unveiled a sweeping new campaign of economic sanctions against Iran on Monday, threatening to cut off dollar access to any country or institution that helps Tehran…
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Moderna (NASDAQ: MRNA) gave back a large piece of its historic cancer-vaccine surge on Thursday, falling about 24% to $133.32, according to on-chain data, a day after it soared 177%…