A mixed weekend for crypto
The SEC dropped crypto enforcement actions against two companies, but the DOJ handed a half billion dollars in penalties to another. A fourth was hit with a record hack.
Trump’s Big-Picture Economist Already Has Wall Street Hooked
(Bloomberg) -- It’s no secret that President Donald Trump wants to dismantle the global economic order. Less clear is what he’ll try to build in its place — and Wall Street has turned to Stephen Miran for clues.Most Read from BloombergThe 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 Legal ShowdownNYC to Shut
Lucid Stock Sinks as EV Maker's CEO Resigns, Offsetting Solid Results, Outlook
Lucid Group CEO Peter Rawlinson unexpectedly resigned after leading the EV maker for 12 years.
The Future of Crypto Enforcement in the U.S.
The SEC won’t be giving up on enforcing crypto regulations, but what it focuses on will be different, writes a former head of the SEC’s crypto unit.
Vivek Ramaswamy's firm urges GameStop to invest in Bitcoin
Strive invests in GameStop through multiple ETFs and states that it has a "vested interest" in GameStop adopting a Bitcoin strategy.
Crypto-Friendly Former Congressman Patrick McHenry Joins A16z as a Senior Advisor
McHenry announced his new role in a Wednesday X post, writing that he was “eager to help innovators navigate the policy landscape so they can build.”
Big Tech Retreat Presents Stock-Picking Moment, Morgan Stanley’s Shalett Says
(Bloomberg) -- The monolithic dominance of Big Tech made life miserable for stock pickers in recent years. With the group reaching a double-digit drop from its peak, opportunities to uncover the next market vanguards have arisen, according to Morgan Stanley’s Lisa Shalett.Most Read from BloombergThe 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 Co
Iran’s Uranium Stock Surged Since Trump’s Return to Office
(Bloomberg) -- Iran’s stockpile of uranium enriched near the level needed for nuclear weapons surged more than 50% in the last three months, defying mounting pressure on the Islamic Republic to curb its atomic activities.Most Read from BloombergThe Trump Administration Takes Aim at Transportation ResearchNYC’s Congestion Pricing Pulls In $48.6 Million in First MonthShelters Await Billions in Federal Money for Homelessness ProvidersNew York’s Congestion Pricing Plan Faces Another Legal ShowdownNY
Gold-Back Cryptos Outperform as Precious Metal ETF Inflows Near Three-Year High
The price of gold is up nearly 11% so far in 2025 and 43% over the past 12 months.
Americans are getting fed up with the economy. Does that mean we’re heading into a recession?
American consumers and businesses are feeling uneasy, fearing higher inflation is lurking around the corner as President Donald Trump talks massive tariffs. That’s raising questions on what America’s souring economic mood means for spending, hiring and the future of the world’s largest economy.