• Feb 27, 2025

Investors See ‘2017-Like’ Rally in the Making for Emerging-Market Currencies

(Bloomberg) -- Emerging-market currencies are pulling off an unlikely comeback at the start of 2025 as investors grow bullish amid signs of a turning point in the US dollar.Most Read from BloombergCuts to Section 8 Housing Assistance Loom Amid HUD UncertaintyThe Trump Administration Takes Aim at Transportation ResearchShelters Await Billions in Federal Money for Homelessness ProvidersNYC’s Congestion Pricing Pulls In $48.6 Million in First MonthNew York’s Congestion Pricing Plan Faces Another Le

• Feb 27, 2025

Oil Tankers Going to Russia Get Mine Checks After Mystery Blasts

(Bloomberg) -- Owners of oil tankers calling at Russian ports are sending divers and underwater drones to check their ships’ hulls for mines — a precaution following a wave of unexplained explosions on ships.Most Read from BloombergCuts to Section 8 Housing Assistance Loom Amid HUD UncertaintyThe Trump Administration Takes Aim at Transportation ResearchShelters Await Billions in Federal Money for Homelessness ProvidersNYC’s Congestion Pricing Pulls In $48.6 Million in First MonthNew York’s Conge

• Feb 27, 2025

Ad Giant WPP Stock Sinks on Weak Revenue Outlook

U.S.-listed shares of WPP sank 15% Thursday when the giant advertising firm's revenue declined and it gave soft guidance as North America and China sales slid.

• Feb 27, 2025

London Stock Exchange will survive exodus of companies, insists chief

Britain’s stock market can survive the wave of companies quitting to move to New York, the head of the London Stock Exchange Group (LSEG) has said.

• Feb 27, 2025

Fed's Schmid: 'Now is not the time to let down our guard' on inflation

Kansas City Fed president Jeff Schmid warned about the lessons of the 1970s as he expressed new worries about rising consumer expectations of future inflation.

• Feb 27, 2025

Crypto Holds as TradFi Sinks on Latest Trump Tariff Threat

Already having posted sharp losses over the past days, the price of bitcoin held about steady following the news.

• Feb 27, 2025

Saylor says he’ll buy ‘all the Bitcoin’ if it drops to $1

MicroStrategy Chairman Michael Saylor reassured investors, claiming Bitcoin could never drop to $1, and if it did, he would buy it all.

• Feb 27, 2025

1 Top Cryptocurrency to Buy Before It Soars 337%, According to Cathie Wood

Wondering whether Ethereum is a contender in the crypto race, despite recent price drops? Cathie Wood has some thoughts, and even a restrained version of her analysis suggests market-beating returns in the long run.

• Feb 27, 2025

Schmid Says Fed May Need to Balance Growth Concerns, Inflation

(Bloomberg) -- Federal Reserve Bank of Kansas City President Jeff Schmid sounded a warning about rising inflation expectations and concerns over economic growth, cautioning that the US central bank may soon confront both.Most Read from BloombergCuts to Section 8 Housing Assistance Loom Amid HUD UncertaintyThe Trump Administration Takes Aim at Transportation ResearchShelters Await Billions in Federal Money for Homelessness ProvidersNYC’s Congestion Pricing Pulls In $48.6 Million in First MonthNew

• Feb 27, 2025

US economic growth slows in fourth quarter

U.S. economic growth slowed in the fourth quarter, the government confirmed on Thursday, and the loss of momentum appears to have persisted early this quarter amid cold temperatures and concerns that tariffs will hurt spending through higher prices. Economists polled by Reuters had expected that GDP growth would be unrevised. GDP growth was revised up by less than 0.1 percentage point, which after rounding matched the 2.3% rate that was estimated last month.