(Bloomberg) -- Executives at the US’s biggest management consulting firms are trying to shield tens of billions of dollars in federal contracts from scorched-earth spending cuts by the Trump administration.Most Read from BloombergHow Britain’s Most Bike-Friendly New Town Got BuiltThe Dark Prophet of Car-Clogged CitiesWashington, DC, Region Braces for ‘Devastating’ Cuts from CongressNYC Plans for Flood Protection Without Federal FundsA Malibu Model for Residents on the Fire FrontlinesOne of their
JPMorgan Stock Traders Score Windfall as Trump Jolts Market
(Bloomberg) -- A chaotic run in stock markets is unleashing a windfall for banks’ equities traders.Most Read from BloombergHow Britain’s Most Bike-Friendly New Town Got BuiltThe Dark Prophet of Car-Clogged CitiesWashington, DC, Region Braces for ‘Devastating’ Cuts from CongressNYC Plans for Flood Protection Without Federal FundsA Malibu Model for Residents on the Fire FrontlinesJPMorgan Chase & Co. is on track to boost revenue from equities trading by more than 30% this quarter from a year earli
Tesla short sellers land a $16.2bn payday on stock plunge as rival BYD hits record high on world’s fastest EV recharging tech
BYD hit a record high market cap thanks to its latest innovation, while a market crash in Elon Musk's auto company has lined the pockets of Tesla bears.
Crypto firms are reportedly pushing for National Bank status
Several crypto companies are reportedly seeking national bank charters under the Trump administration.
Crypto Market Maker Keyrock Launches U.S. Entity as Regulatory Climate Set to Improve
The opening of the New York office is part of the company's global expansion.
Dogecoin millionaires grow as whales load up on cheap DOGE
According to on-chain data, whale addresses—often called "Dogecoin millionaires"—have accumulated more tokens, showing their confidence in a rebound for the dog-themed meme coin.
A wavering stock market turns to Fed Chair Powell, 'dot plot' projections to ease 'stagflation' fears
All eyes are on the Federal Reserve as markets look for clues on the path forward for interest rates and the US economy.
Sarepta Therapeutics Stock Sinks After Company Says Patient Taking Its Drug Dies
Patient Was Taking Firm's Muscular Dystrophy Treatment
Tesla Stock Slumps Amid China News, Downbeat Wall Street Takes
A fresh set of headlines may have given investors fresh reasons to sell Tesla, among them competitive news out of China and some skeptical analysis from Wall Street.
Michael Saylor's Strategy Funding More Bitcoin Purchases With New Preferred Stock
The world's largest corporate holder of bitcoin is looking to raise around $500 million in an offering of Perpetual Preferred Strife Stock.