This Sunday will be a boon to the top brands behind chicken wings, pizza, and beer.
Sluggish Jan payrolls growth unlikely to sway Fed
Nonfarm payrolls increased by 143,000 jobs last month after rising by an upwardly revised 307,000 in December, the Labor Department said on Friday. The payroll gain wasn’t great, but it was decent especially considering the jump in payrolls in November and December.
1 Cryptocurrency to Consider Buying With $1,500, and 1 to Avoid
With so many cryptocurrency opportunities abounding right now -- including quite a few opportunities to lose all of your money -- sticking to the highest-quality assets is simply not optional. With that in mind, let's dig into one top crypto coin that's worth considering an investment in, and then take a beat to understand another popular coin that could be a fast trip to nearly zeroing out your invested cash. XRP (CRYPTO: XRP) has one thing going for it that most cryptocurrencies struggle with: a use case that big financial institutions are on board with.
KBW Starts Strategy Coverage With Outperform, Says Firm Offers Leveraged Bitcoin Exposure
The stock could be eligible for S&P 500 index inclusion once it adopts updated FASB accounting standards, the report said.
Oil Set for Weekly Drop as Trump Tariffs Outweigh Iran Sanctions
(Bloomberg) -- Oil headed for a third weekly decline as worries that President Donald Trump’s tariffs on China will sap demand outweighed his first round of sanctions against Iran.Most Read from BloombergCitadel to Leave Namesake Chicago Tower as Employees RelocateNYC Sees Pedestrian Traffic Increase in Congestion-Pricing ZoneNice Airport, If You Can Get to It: No Subway, No Highway, No BridgeHow London’s Taxi Drivers Navigate the City Without GPSTransportation Memos Favor Places With Higher Bir
Traders see Fed cutting rates in June after jobs data
Traders of short-term interest-rate futures continue to bet the Federal Reserve will next cut its policy rate in June after a government report showed the U.S. unemployment rate was 4% last month. Traders also continue to see a second rate cut by the end of 2025 as more likely than not.
Bitcoin Tops $100K After U.S. Added Fewer Than Forecast Jobs in January
The unemployment rate fell to 4%, rather than holding steady at 4.1%.
Bitcoin struggles to break above $100,000 as fears weigh on price
Bitcoin continues to faces strong resistance levels as it approaches $100,000.
Do Trump tariffs make retail stocks totally untouchable?
The newly introduced trade tariffs on goods won't impact companies like Nike as much as a lack of inspiration, according to BMO Capital Markets analyst Simeon Siegel.
Mexico’s Inflation Slows More Than Expected After Rate Cut
(Bloomberg) -- Mexico’s inflation slowed more than expected in January, supporting the central bank’s decision to deliver a half-point cut to its benchmark interest rate and signal additional reductions of the same magnitude. Most Read from BloombergCitadel to Leave Namesake Chicago Tower as Employees RelocateNice Airport, If You Can Get to It: No Subway, No Highway, No BridgeNYC Sees Pedestrian Traffic Increase in Congestion-Pricing ZoneHow London’s Taxi Drivers Navigate the City Without GPSTra