Usa Financial News

Grayscale CEO Michael Sonnhenshein is calling for approval of public options on Bitcoin spot ETFs after his company’s Bitcoin fund successfully converted into one last month.

Raymond James Investment Management chief market strategist Matt Orton looks ahead to earnings reports, future of the AI sector and the Fed's rate trajectory.

German Chancellor Olaf Scholz has pushed for further U.S. and European aid for Ukraine as he set off for a visit to Washington

Bitcoin (BTC) rose above $46,000 on Friday, hitting its highest level in a month.

China has ramped up its digital yuan work over the last year, while the ECB is now in the preparation phase for a digital euro and India is seeing a million transactions per day processed by commercial banks throughout the country for the digital rupee. Yet in the US, the Federal Reserve has been cautious about pushing ahead with pilots and several governors have expressed scepticism about the need for a CBDC. This month, Donald Trump vowed to prevent the creation of a digital dollar if he wins the US presidential election, calling a CBDC a "dangerous threat to freedom". Josh Lipsky and Ananya Kumar from the Atlantic Council’s GeoEconomics Centre warn that technological payments innovation at the Fed is lagging behind its peers and competitors.

Osborne, who was chancellor between 2010 and 2016, joins the US giant as it looks to expand internationally and faces up to a host of regulatory challenges, including an SEC lawsuit claiming it has operated its crypto asset trading platform as an unregistered national securities exchange, broker and clearing agency. Osborne was onstage as moderator last year when Coinbase CEO Brian Armstrong made headlines for suggesting the company could move its headquarters out of the US over regulatory frustrations. Says the ex-chancellor: "There’s a huge amount of exciting innovation in finance right now.

For several months, I have pushed back against the market expectation that the US Federal Reserve’s cycle of interest-rate cuts would start as early as March. Last fortnight, I said that June was much more probable.

In recent times, shoppers have been displaying new behaviours. A phenomenon called ‘bracketing’ is on the rise. This term describes a tendency of a consumer to buy multiple versions of a product, such as different sizes of a shirt, with the intent of sending back the ones they don’t want to keep.

Paxlovid can prevent hospitalization and death from COVID-19, but experts say it's being underused

We knocked on the doors of Hell’s darker chamber/ Pushed to the limit, we dragged ourselves in—Decades, Joy Division A decade is a good time-frame to take stock of just how much we pushed the limits, how far inside the darker chambers we dragged ourselves to, and finally, how much changed as an outcome. As the Narendra Modi government completes a decade, it’s not a bad idea to take stock of economic policymaking from a bit of Joy Division lens. A dispassionate analysis of the last decade throws up this point: the government has managed to check almost every major box on the “reforms wish-list’ of India since 1991.

Since returning from this year’s World Economic Forum (WEF) meeting in Davos, I have been asked repeatedly for my biggest takeaways. Among the most widely discussed issues this year was artificial intelligence (AI), especially generative AI (GenAI).

In case you missed the White House memo, the U.S. economy is fantastic. It’s never been better.

A diplomatic rift between Ecuador and Russia appeared to intensify over the weekend after the European nation decided to ban some imports of bananas from Ecuador

JPMorgan quant strategists have identified “a plethora of similarities” between the current rally in US stocks and the dot-com bubble, despite common dismissals of such parallels due to the distinct «irrational exuberance» of the latter period.

The flow of money moving across borders is rebounding from a record low as investors prepare for interest-rate cuts globally, according to the world’s largest custodian bank.

Morgan Stanley analysts are turning bullish on major US banks on expectations that pending regulatory changes for higher capital levels will be less onerous than the current proposal, opening the door for an increase in buybacks.

Sam Lee, 35, an Australian citizen residing in Dubai was charged for allegedly co-founding 'too-good-to-be-true' online investment platform HyperFund. Rodney Burton, 54, of Miami, and Brenda Chunga, 43, of Maryland, were promotors of HyperFund.According to court documents, HyperFund’s promotional materials allegedly made various false claims, including that investors who purchased HyperFund “memberships” would receive between 0.5% to 1% daily in passive rewards until the company either doubled or tripled the investor’s initial investment. To convince investors that it could make such payments, HyperFund allegedly claimed that its payments would be disbursed in part from its revenues from large-scale crypto mining operations, when in truth, HyperFund did not have such operations.

As the White House ponders its response to the attack on Tower 22, the U.S. military outpost in Jordan, the news from the Middle East could hardly be worse. From Gaza to the Red Sea and from Jordan to Iraq, a stream of unprovoked attacks by Iran and its proxies are driving President Biden into the greatest crisis of his presidency.

A New Brunswick man has received a 12-year prison sentence for trying to entice and coerce a 10-year-old child into sexual activity in the United States.

By Walter Bianchi

The US Securities and Exchange Commission (SEC) said on Tuesday that a post sent from the agency's account on the social media platform X announcing the approval of a long-awaited bitcoin exchange-traded fund (ETF) was "unauthorised," and that the agency's account was hacked.