Manufacturing activity could begin to expand as soon as April of this year, Bank of America strategists said in a recent note.
Stock market today: Indexes bounce back as investors aim to end 5-day losing streak
The Santa Claus trading window ends Friday, and a negative return during the seven-day trading window could be a bad sign for 2025, a strategist said.
Fed's Kugler says data will drive Fed policy choices amid uncertainty
Federal Reserve Governor Adriana Kugler said on Friday the U.S. central bank is uncertain about what the economy will deliver in 2025 and will let upcoming economic data drive the course of monetary policy. In light of Fed forecasts last month for fewer interest rate cuts in 2025, "there is a view that we can take our time, to slow down" and be more "gradual" while watching the data to see if sticky inflation pressures start to ease again, Kugler said in a CNBC interview. If the resilient job market starts to lose steam, however, "we would be ready to act in a different direction" with monetary policy, she said.
Trump Won't Announce Strategic Bitcoin Reserve Via Executive Order, Says Analyst: 'He Would Likely Buy BTC In The Background'
Cryptocurrency analyst James Van Straten expressed skepticism on Thursday over the immediate announcement of a Bitcoin (CRYPTO: BTC) strategic reserve on Day 1 of Donald Trump’s office. What Happened: Van Straten ruled out the possibility of Trump issuing an executive order establishing a Bitcoin reserve, contrary to previous reports. “I don’t see Donald Trump announcing a BTC reserve via an executive order on Day 1 or in the near term,” he wrote on X. Don't Miss: Coinbase’s latest promo gets yo
Michael Saylor Meets Eric Trump, Says 'Bitcoin Is On The Menu At Mar-a-Lago'
Prominent Bitcoin advocate Michael Saylor has met with Eric Trump, sharing a photo of the two from a meeting in Mar-a-Lago. What Happened: Saylor shared a photo of himself and Eric Trump with the statement, "Bitcoin is on the menu at Mar-a-Lago," in ...
Bitcoin’s price history: From its 2009 launch to its 2025 heights
Here’s how Bitcoin has risen and fallen over time and some of the trends driving those moves.
Bitcoin ETFs Start 2025 With Record Outflows
BlackRock’s flagship bitcoin fund IBIT led a $464.8 million exodus amid a crypto price slide.