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Bitcoin isn't just a tech innovation — it's the foundation of a new global protocol, says Jeff Booth, who believes it's "an order of magnitude bigger than the internet."

The peer-to-peer app is bringing stablecoin payments into the QR code economy.

Companies that focus on food, health care and other necessities gained ground or held relatively stable, despite a slump in the broader stock market over worries about an escalating trade war that erased trillions of dollars in value for the biggest U.S. companies. Big Tech stocks, specialty retailers, travel and energy companies took sizeable losses. “The market is pricing in a big hit to the broad economy from tariffs cutting into corporate profits, hurting hiring, and curtailing consumer spending," said Bill Adams, chief economist for Comerica Bank.

A real-time reaction to the impact of President Donald Trump's tariff actions and lackluster earnings has the CEO of luxury furniture maker RH in the spotlight. On Wednesday RH, previously known as Restoration Hardware, reported a fiscal fourth-quarter adjusted profit of $1.58 per share on revenue of $812.4 million. Analysts polled by Zacks Investment Research predicted a higher profit of $1.91 per share on revenue of $827.3 million.

NEW YORK (Reuters) -Global hedge funds and levered exchange-traded funds (ETFs) dumped more than $40 billion of stocks at a breakneck pace, growing increasingly bearish after President Donald Trump's shock announcement of harsher-than-expected global tariffs, according to bank notes to clients on Friday. Since late on Wednesday, when Trump boosted tariff barriers to their highest level in more than a century, S&P 500 companies have lost over $4 trillion in stock market value. JPMorgan said in a note that volatility targeting portfolios had between $25 billion and $30 billion in equities to sell in the coming days, as they unwind positions to reduce risk.

LONDON (Reuters) -Global markets have been sucked into a downdraft after U.S. President Donald Trump's sweeping tariffs, setting investors' go-to warning lights flickering but not yet flashing red. S&P 500 companies have shed $5 trillion in stock market value, an all-time two-day plunge for the benchmark, surpassing a two-day loss of $3.3 trillion in March 2020, when the pandemic ripped across global markets.

(Bloomberg) -- European stocks tumbled into a correction on Friday as China retaliated against US tariffs, escalating the global trade war.Most Read from BloombergHousing Agency Aims to Relocate Its DC HeadquartersMetro-North Is Faster Than Acela on NYC-New Haven Route After Signal UpdatesLocal Governments Vie for Fired Federal WorkersWhat Would ‘Transportation Abundance’ Look Like?London Clears Final Hurdle for More High-Speed Trains to EuropeThe Stoxx Europe 600 Index slid 5.1% at the close in

MicroStrategy has held every Bitcoin it has ever bought, including during major market crashes and a recent price dip to $83,000. On-chain data reveals zero sales since 2020.

Mining stocks tumbled Friday amid worries the Trump administration’s tariffs could impact demand for raw materials.

Policymakers in coming months may face difficulty meeting their dual mandate to ensure stable prices and maximum employment, Federal Reserve Chair Jerome Powell said.