Given the uncertainty around tariffs, some investors are starting to view Bitcoin as digital gold and a store of value. If the current trade tensions intensify, Bitcoin could challenge the U.S. dollar as the world's reserve currency. Crypto prices have collapsed as President Donald Trump's trade war has expanded.
Mercedes-Benz stock dips after pulling profit guidance on tariff fears
The carmaker said that the impact of US trade policies remains difficult to quantify — although warned of a hit to its margins.View on euronews
Wall Street slides after economy contracts in first quarter
Wall Street's main indexes dropped on Wednesday after data showed the economy contracted for the first time in three years in the first quarter, deepening concerns around the impact of U.S. tariffs and the global trade war. Private payrolls growth also slowed more than expected in April, while the personal consumption expenditure index - the Federal Reserve's preferred inflation gauge - rose slightly more than expected in March on an annual basis. "Given the amount of damage that's been done to businesses (and) consumer confidence, we could just be getting started on seeing a continuation of these weaker numbers," said John Luke Tyner, portfolio manager at Aptus Capital Advisors.
KuCoin Commits $2B to 'Trust Project' Focusing on Crypto Security, Transparency
KuCoin’s native token, KCS, will play a more pivotal role in the ecosystem.
Tarnished Magnificent 7 stocks rebound faces test with earnings
NEW YORK (Reuters) -The U.S. technology and growth stocks known as the "Magnificent Seven" have regained their footing somewhat after a steep slide, but a few weeks of growing valuations and a dimming earnings edge could make it harder for them to push Wall Street higher. The stocks -- Apple, Microsoft, Nvidia, Alphabet, Amazon, Meta Platforms and Tesla -- have stumbled in 2025, dragging down the benchmark indexes they had lifted to record peaks the prior two years. The highly valued shares had swooned as investor fears spiked about the economic fallout from President Donald Trump's tariffs.
Best money market account rates today, April 30, 2025 (Secure up to 4.41% APY)
Looking for the best money market account interest rates available today? Here’s a look at where to find the highest rates and whether now is a good time to open a money market account.
Corporate earnings tell 2 different consumer stories
This earnings season has offered a more complicated picture of consumer spending as executives observe both caution and normalcy.
Markets Have Endured a Wild Ride in President Trump's First 100 Days
President Trump's policies have rattled financial markets in his first 100 days in office, sending stocks sinking and causing unusual moves in the bond and currency markets.
Kraken debuts service that lets fintechs and banks offer crypto trading
The white-labeled service will give Kraken access to more users.
The markets: China takes a beating while U.S. resilience continues
In recent days new data has shown a drastic reduction in export shipping from China to the U.S. and investors appear to have reacted as a result.