Given the uncertainty around tariffs, some investors are starting to view Bitcoin as digital gold and a store of value. If the current trade tensions intensify, Bitcoin could challenge the U.S. dollar as the world's reserve currency. Crypto prices have collapsed as President Donald Trump's trade war has expanded.
The carmaker said that the impact of US trade policies remains difficult to quantify — although warned of a hit to its margins.View on euronews
Wall Street's main indexes dropped on Wednesday after data showed the economy contracted for the first time in three years in the first quarter, deepening concerns around the impact of U.S. tariffs and the global trade war. Private payrolls growth also slowed more than expected in April, while the personal consumption expenditure index - the Federal Reserve's preferred inflation gauge - rose slightly more than expected in March on an annual basis. "Given the amount of damage that's been done to businesses (and) consumer confidence, we could just be getting started on seeing a continuation of these weaker numbers," said John Luke Tyner, portfolio manager at Aptus Capital Advisors.
KuCoin’s native token, KCS, will play a more pivotal role in the ecosystem.
NEW YORK (Reuters) -The U.S. technology and growth stocks known as the "Magnificent Seven" have regained their footing somewhat after a steep slide, but a few weeks of growing valuations and a dimming earnings edge could make it harder for them to push Wall Street higher. The stocks -- Apple, Microsoft, Nvidia, Alphabet, Amazon, Meta Platforms and Tesla -- have stumbled in 2025, dragging down the benchmark indexes they had lifted to record peaks the prior two years. The highly valued shares had swooned as investor fears spiked about the economic fallout from President Donald Trump's tariffs.
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This earnings season has offered a more complicated picture of consumer spending as executives observe both caution and normalcy.
President Trump's policies have rattled financial markets in his first 100 days in office, sending stocks sinking and causing unusual moves in the bond and currency markets.
The white-labeled service will give Kraken access to more users.
In recent days new data has shown a drastic reduction in export shipping from China to the U.S. and investors appear to have reacted as a result.
