Usa Financial News

The Bitcoin (BTC) price is enjoying an end-of-week relief rally in wake of economic data that showed inflationary pressures in the US continued to subside to more acceptable levels in December 2023.

Thousands of Americans with workplace retirement plans will be able to access a new way to turn their savings into a protected stream of income.

Bitcoin steadied around $40,000 amid a slowdown in outflows from the $20 billion Grayscale Bitcoin Trust that strategists said may help to stanch a two-week slump in the token.

Corporate bond investors are snapping up new issues worldwide at the start of the year, locking in elevated yields ahead of potential interest-rate cuts by major central banks. 

JPMorgan Chase & Co. Chief Executive Jamie Dimon moved some of his top lieutenants into new senior roles, positioning them for more experience running the firm’s operations as he prepares potential successors.

Bitcoin (BTC) mining rig manufacturer, Canaan Inc has raised $50 million in a new funding round by selling preferred shares.

A 40-year-old Russian developer of Trickbot ransomware has been sentenced to a five-year prison term, according to the US Department of Justice (DoJ).

Cristiano Ronaldo trained with holders of his non-fungible token (NFT) in a Binance event amid several investors seeking damages from the sports star in a United States lawsuit.

Troubled cryptocurrency exchange Binance.US continues to face pressure from regulators in the United States after regulators in Florida and Alaska told the crypto exchange that it can no longer serve its residents.

Federal Reserve's favored measure of inflation ticked higher last month, according to government data published Friday, indicating that its long-running battle against rising prices is not over yet. The latest announcement will likely ensure the US central bank remains on hold at its next interest rate decision announcement on Wednesday, as policymakers continue talks on when to start cutting.

'Barron's Roundtable' host Jack Otter discusses Biden's economy as the Treasury Secretary Janet Yellen is expected to take aim at Trump's economy and Big Tech stocks' impact on markets.

Breitbart economics and finance editor John Carney and FOX Business host Taylor Riggs forecast the Federal Reserve’s highly anticipated rate decision and discuss the U.S. economy.

Bank of America CEO and Chairman Brian Moynihan discusses the Feds rate hikes, 2024 consumer strength and big bank regulation.

By Alex Lawler

Shares of American Airlines (NASDAQ:AAL) advanced 1.2% in premarket trading Friday after the US carrier received two upgrades from Seaport and TD Cowen analysts.

Democratic senator Ron Wyden in a letter made public on Thursday. Wyden, who released the December 11 letter, called upon US intelligence officials to stop using Americans' personal data without their express knowledge and consent, saying it was unlawful.

NHTSA) said on Friday. The development comes less than two months after the company recalled nearly all its vehicles in the United States to install new safeguards in its Autopilot advanced driver-assistance system. The rearview malfunction, caused by software instability, might decrease the driver's visibility and increase the risk of a crash, the regulator said. The recall affects the S, Y and X models from 2023, Tesla said. The auto maker has released a free, over-the-air (OTA) software update to address the issue, according to the NHTSA. As of January 22, Tesla had identified 81 warranty claims that may be related to the rearview condition, the regulator added. NHTSA opened its August 2021 probe into Autopilot after identifying more than a dozen crashes in which Tesla vehicles had hit stationary emergency vehicles.

The crypto market remains in the red zone with altcoins and pack leader Ethereum (ETH) posting losses two weeks after the approval of spot Bitcoin (BTC) ETF by the United States Securities and Exchange Commission (SEC).

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(Reuters) — U.S. investors continued to reduce their holdings in equity funds for the fourth consecutive week up to Jan. 24, exhibiting caution ahead of a major inflation report and a Federal Reserve meeting set for the following week.