• Mar 28, 2025

King Dollar Rocked by Trump's Assault on World Economic Order

(Bloomberg) -- As US stock prices tumbled this month, John Sidawi, a fund manager at Federated Hermes, noticed something strange. Most Read from BloombergWhy Did the Government Declare War on My Adorable Tiny Truck?Gold-Rush Fever Returns to Historic New Zealand Mining TownHow SUVs Are Making Traffic WorseTrump Slashed International Aid. Geneva Is Feeling the Impact.These US Bridges Face High Risk of Catastrophic Ship StrikesThe dollar, long a go-to hiding place during market selloffs, wasn’t ra

• Mar 28, 2025

Crypto-Related Stocks Sink, Following Bitcoin Lower Friday

Shares of Mara Holdings, Strategy, and several other companies tied to cryptocurrencies fell Friday, along with the price of Bitcoin.

• Mar 28, 2025

Oil Falls as Trump’s Trade War Stokes Concerns Demand May Drop

(Bloomberg) -- Oil fell on concerns that the Trump administration’s tariff onslaught will reduce energy demand.Most Read from BloombergGold-Rush Fever Returns to Historic New Zealand Mining TownWhat Frank Lloyd Wright Learned From the DesertBank Regulators Fight for Desks as OCC Returns to New York TowerThese US Bridges Face High Risk of Catastrophic Ship StrikesCharter Schools, Colleges Push Muni Debt Distress Near RecordWest Texas Intermediate slid 0.8% to settle above $69 a barrel, retreating

• Mar 28, 2025

FDIC Reverses U.S. Crypto Banking Policy That Demanded Prior Approvals

The U.S. banking agency withdrew policies that contributed to crypto industry accusations that it pressured institutions to "debank" digital assets customers.

• Mar 28, 2025

Michael Saylor predicts Bitcoin will have a $500T market cap and will 'demonetize gold'

Saylor sees global capital shifting from traditional assets to Bitcoin as institutions explore its growing role in the evolving financial system.

• Mar 28, 2025

Fed's Daly: Inflation progress has been flat, dents confidence in rate cut view

Government data on Friday showed underlying inflation rose 0.4% in February - the most in more than a year - and a survey from the University of Michigan showed consumer inflation expectations rose. "One hundred percent of my focus is on what's happening with inflation," Daly told Reuters on Friday in a follow-up call from an interview on Thursday. "The progress there hasn't been so decisive that I'm comfortable starting any kind of rate path declines right now."

• Mar 28, 2025

Why Bitcoin, Ethereum, and Dogecoin Plunged Today

Instead, it was weak economic data that caused the sell-off. If you're wondering why cryptocurrencies aren't a hedge against the economy and inflation, you only need to look at history. The last time the economy slowed and inflation jumped, Bitcoin's value collapsed.

• Mar 28, 2025

Crypto Card Firm Baanx Partners With Circle for Rewards Wallet

The Rewards Wallet, built using programmable wallet infrastructure from Circle, allows crypto holders access to cashback, fee discounts, and other subscription perks.

• Mar 28, 2025

Stocks see second-worst day of the year amid inflation, AI investment concerns

Renewed inflation fears, plummeting consumer confidence and rising doubts about the payoff from artificial intelligence touched off a fresh round of heavy selling in stocks Friday.

• Mar 28, 2025

German finance minister warns of tariff hit to U.S. and German economies

Germany's Finance Minister Joerg Kukies warned on Friday that U.S. tariffs would hit both the German and the U.S. economies and that Berlin was working to prevent an escalating trade war. Kukies made the statement to Reuters after meeting his U.S. counterpart, Treasury Secretary Scott Bessent, and other members of the Trump administration in Washington. Export-oriented car companies in Europe, most notably Germany's big automakers, are heavily exposed.