Bank regulator gives BlackRock new deadline on bank stakes, Bloomberg reports – Yahoo Finance
(Reuters) – The Federal Deposit Insurance Corporation has given BlackRock a new deadline of Feb. 10 to resolve issues related to its oversight of asset managers' investments in FDIC-regulated banking organizations, Bloomberg News said. reported on Sunday, citing three people familiar with the incident. Case. If sufficient progress is not made toward resolving the issue, […]
US stock market faces reality check in high-bar earnings season – Yahoo Finance
(Bloomberg) — The strongest U.S. stock market rally in two years since the dot-com bubble is next, as companies begin reporting quarterly earnings and serve as a key gut check on whether valuations are outperforming underlying reality. is heading for a big test. Most Read Articles on Bloomberg The S&P 500 index fell 1.5% on […]
UK Treasury Chief Says London the ‘Natural Home’ for Chinese Finance
(AFP) – British Treasurer Rachel Reeves said Saturday that London is a “natural home” for Chinese finance during a visit to Beijing in the shadow of turmoil in her home country's bond market. Reeves, whose official title is Chancellor of the Exchequer, will be the most senior British government official to visit China since then […]
Bitcoin ETFs hit $100B in year 1: Bitwise CIO talks 2025 growth – Yahoo Finance
One year after the SEC approved spot Bitcoin ETFs, these funds have surpassed $100 billion in total assets in their first year of trading. Bitwise Asset Management CIO Matt Hougan joins us to discuss the outlook for Bitcoin (BTC-USD) in 2025. Bitwise operates several proprietary Bitcoin (BITB, BITC, BTOP) and cryptocurrency (BITQ, BITW) ETFs. “As […]
Stock market today: Asian shares slide further as rate cut, tariff worries hit market sentiment – Yahoo Finance
NEW YORK (AP) — U.S. stocks are plummeting on concerns that: Good news on Friday's job market perhaps Too good And maintaining it will prove to be bad for Wall Street. inflation and interest rate expensive. The S&P 500 fell 1.5% in intraday trading, marking its fourth decline in the past five weeks. As of […]
Cryptoverse: Next wave of US crypto ETFs already in the pipeline – Yahoo Finance
Written by Suzanne McGee (Reuters) – What a difference a year can make. Rewinding the clock to early January 2024, the asset management industry is wondering whether the long-awaited debut of the US Spot Bitcoin exchange-traded fund will live up to expectations of raising as much as $30 billion in its first fund. , who […]
Dollar gains extend ahead of US jobs reading – Yahoo Finance
Written by Tom Westbrook SINGAPORE (Reuters) – The dollar was on track to extend its longest weekly winning streak in more than a year on Friday, buoyed by rising bond yields and hopes that U.S. jobs data will be strong again. The dollar rose 0.5% against the yen this week to buy 158.03 yen, adding […]
Here's what you need to know about credit card defaults – Yahoo Finance
NEW YORK (AP) — Americans are increasingly defaulting on their credit cards, reaching their highest level in 14 years. U.S. credit card defaults soared to a record $46 billion from January to September 2024, the Financial Times reported, citing data analyzed by BankRegData. high level credit card debt Inflation and high inflation have left many […]
Bitcoin Languishes as US ETFs See Second-Highest Daily Outflow – Yahoo Finance
(Bloomberg) — After a strong start to the new year with Bitcoin (BTC-USD) reclaiming the $100,000 level, the original digital asset is struggling to maintain momentum. Most Read Articles on Bloomberg Bitcoin fell 1.8% on Thursday to $92,741, down sharply from its high of $102,733 two days earlier and about 14% below its all-time high […]
Buoyant dollar keeps pound, euro and yen under pressure – Yahoo Finance
Written by Uncle Banerjee SINGAPORE (Reuters) – The U.S. dollar rose on Thursday, supported by rising U.S. Treasury yields, pushing the yen, pound and euro near multi-month lows amid changing tariff threats. Market focus in 2025 will be on the policies of US President-elect Donald Trump, who will re-enter the White House on January 20th, […]