Crypto losses due to security breaches have surpassed $1.5 billion, highlighting vulnerabilities in bug bounty programs and the need for stricter security measures.
Bitcoin and other major cryptocurrencies surged Sunday after President Donald Trump announced plans for a U.S. crypto reserve that would include XRP, Solana, and Cardano.
(Reuters) -U.S. stocks face a tenuous moment with the arrival of President Donald Trump's latest tariffs. Tariffs are exacerbating the headache. Trump has said proposed 25% tariffs on Mexican and Canadian goods will take effect on Tuesday, along with an extra 10% duty on Chinese imports.
(Bloomberg) -- European markets are coming to grips with a looming era of higher government spending as the transatlantic alliance that’s endured for almost 70 years starts to buckle under the weight of Donald Trump’s shift toward Russia and US protectionism. Most Read from BloombergHow Upzoning in Cambridge Broke the YIMBY MoldRemembering the Landscape Architect Who Embraced the CityNYC Office Buildings See Resurgence as Investors Pile Into BondsHong Kong Joins Global Stadium Race With New $4 B
(Bloomberg) -- South Africa probably avoided a recession last year, saved by strong consumer demand in the fourth quarter as the key mining and manufacturing sectors continued to struggle.Most Read from BloombergHow Upzoning in Cambridge Broke the YIMBY MoldRemembering the Landscape Architect Who Embraced the CityNYC Office Buildings See Resurgence as Investors Pile Into BondsHong Kong Joins Global Stadium Race With New $4 Billion Sports ParkUS Tent Facility is Holding Migrant Families Longer Th
On Monday, reports surfaced that Nvidia chips were making their way to customers in China, with the high-end tech circumventing strict US export controls.
Oil prices extended losses on Tuesday after reports of OPEC+ plans to proceed with output increase in April while further price pressure was applied by U.S. tariffs on Canada, Mexico and China as well as Beijing's retaliatory tariffs. Brent futures were down $1.04, or 1.45%, at $70.58 a barrel by 1417 GMT while U.S. West Texas Intermediate (WTI) crude was off 73 cents, or 1.07%, at $67.64. "The current downward trend in oil prices is primarily driven by OPEC+'s decision to increase output and the introduction of U.S. tariffs," said Darren Lim, commodities strategist at Phillip Nova.
Billionaire Giancarlo Devasini of Tether wants to maintain the stablecoin’s freedoms; his rival, Jeremy Allaire of Circle, is working hard to rein in his competitor with regulations.
NEW YORK/LONDON/SINGAPORE (Reuters) -The dollar fell to a three-month low on Tuesday as concerns about slowing growth and the impact from tariffs on the U.S. economy outweighed any potential boost from new levies on Canada, China and Mexico. President Donald Trump's 25% tariffs on goods from Canada and Mexico took effect Tuesday, along with a doubling of duties on Chinese goods to 20%. In response, China said it will impose additional tariffs of 10-15% on certain U.S. imports from March 10.
Betting markets are shifting, with the odds of the war ending in the first 90 days of Trump's presidency down to about 20% on Monday.
