MicroStrategy Chairman Michael Saylor reassured investors, claiming Bitcoin could never drop to $1, and if it did, he would buy it all.
1 Top Cryptocurrency to Buy Before It Soars 337%, According to Cathie Wood
Wondering whether Ethereum is a contender in the crypto race, despite recent price drops? Cathie Wood has some thoughts, and even a restrained version of her analysis suggests market-beating returns in the long run.
Schmid Says Fed May Need to Balance Growth Concerns, Inflation
(Bloomberg) -- Federal Reserve Bank of Kansas City President Jeff Schmid sounded a warning about rising inflation expectations and concerns over economic growth, cautioning that the US central bank may soon confront both.Most Read from BloombergCuts to Section 8 Housing Assistance Loom Amid HUD UncertaintyThe Trump Administration Takes Aim at Transportation ResearchShelters Await Billions in Federal Money for Homelessness ProvidersNYC’s Congestion Pricing Pulls In $48.6 Million in First MonthNew
US economic growth slows in fourth quarter
U.S. economic growth slowed in the fourth quarter, the government confirmed on Thursday, and the loss of momentum appears to have persisted early this quarter amid cold temperatures and concerns that tariffs will hurt spending through higher prices. Economists polled by Reuters had expected that GDP growth would be unrevised. GDP growth was revised up by less than 0.1 percentage point, which after rounding matched the 2.3% rate that was estimated last month.
America First? Not when it comes to stock markets worldwide this year
The US stock market has risen in 2025 and isn't far from its all-time high set last week. But it's climbed less than stock indexes in Mexico City, Paris and Hong Kong.View on euronews
Rise in US inflation expectations means Fed has to stay on guard, Schmid says
Recent surveys showing a rise in consumer inflation expectations mean the U.S. central bank needs to keep its focus on ensuring price pressures are fully contained, Kansas City Federal Reserve President Jeff Schmid said on Thursday, highlighting a growing and potentially troubling issue for policymakers. "The last two months have seen a sharp upward movement in some measures of expected inflation," Schmid said in remarks prepared for delivery at a federal agriculture conference. "Certainly, survey measures of inflation expectations are imperfect and subject to noise, but with inflation just recently at a 40-year high, now is not the time to let down our guard."
Teamsters’ WARN claims against Yellow fall short in federal bankruptcy court
A federal bankruptcy court in Delaware sided with Yellow’s rationale for shortening the layoff notification period to union employees. The post Teamsters’ WARN claims against Yellow fall short in federal bankruptcy court appeared first on FreightWaves.
Intuitive Machines Stock Rises as Latest Moon Mission Launches on SpaceX Rocket
Shares of Intuitive Machines rose on Thursday after its latest lunar lander mission successfully launched on a SpaceX Falcon 9 rocket on Wednesday night.
Number of Americans filing for unemployment benefits rises to 242,000, highest level in 3 months
Applications for U.S. jobless benefits rose to a three-month high last week but remained within the same healthy range of the past three years. The number of Americans filing for jobless benefits rose by 22,000 to 242,000 for the week ending Feb. 22, the Labor Department said Thursday. Analysts projected that 220,000 new applications would be filed.
Warner Bros. Discovery Stock Rises as Upbeat Outlook Outweighs Soft Results
Warner Bros. Discovery reported weaker-than-expected fourth-quarter results, but shares rose in premarket trading Thursday on an upbeat streaming outlook.