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ETFs, hashrate markets and AI have fundamentally reshaped the bitcoin mining industry, reducing miners' dependence on bitcoin’s price.

The market looks like it's heading back the speculative mania seen during the pandemic-era boom, Jim Chanos said.

SONAR market experts say Trump’s tariffs on Canada, China and Mexico might have spurred shippers to “pull forward” orders and rethink their supply chains. The post Tariffs loom over freight market, may shift supply chains, SONAR experts say appeared first on FreightWaves.

Coinbase alone registered a net outflow of over 15,000 BTC Wednesday, hinting at a major institutional purchases of coins.

Coach and Kate Spade parent Tapestry posted record holiday-quarter sales, sending shares to an all-time high Thursday.

Canada Goose Holdings trimmed its annual profit forecast and missed market estimates for third-quarter revenue on Thursday due to choppy sales in China, a key market for luxury goods, sending its shares down 4% in morning trading. Weak consumer spending in China, which is grappling with youth unemployment and a property crisis, has been a major concern for the luxury goods industry and has slowed demand recovery in the region, significantly impacting brands such as Canada Goose. U.S. luxury retailer Estee Lauder, which bet on China, expanded a restructuring plan on Tuesday that involves up to 7,000 job cuts as the cosmetics giant grapples with persistent demand weakness, especially in Asia.

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Wall Street is drifting Thursday as gains for fashion brands and cigarette makers help offset drops for Ford Motor and Qualcomm following their latest profit reports. The S&P 500 was up 0.2% in early trading following healthy gains for stock markets across most of Europe and Asia. Tapestry, the company behind the Coach and Kate Spade brands, helped lead the market and jumped 18.6%.

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Treasury Secretary Scott Bessent said Donald Trump is not asking the Federal Reserve to lower its short-term interest rates, but what he and the president do want is to bring down longer-term borrowing costs via 10-year Treasury yields.