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Fund managers boost exposure to bitcoin ETFs, quarterly US filings showAsset managers significantly increased their holdings in U.S. bitcoin ETFs in the fourth quarter of 2024 as bitcoin's price surged by 47%. ...- Dow notches record high close after upbeat economic dataThe personal consumption expenditures report came on Friday after Fed Chair Jerome Powell last week expressed support for an imminent polic...
- Trump, Republicans court crypto votes and dollars at 'Bitcoin 2024'The industry has quickly rebounded after FTX and a series of other crypto companies collapsed in 2022, sending token prices sliding and for...
- Wall Street’s broadening trade pressures index-tracking billionsSuch a broadening in the winners’ list has been sought for years by market skeptics lamenting an equity melt-up whose momentum has been gen...
- S&P 500, Nasdaq drop as investors weigh Fed moves after inflation dataAt 11:29 a.m. ET, the Dow Jones Industrial Average had risen 57.67 points (0.15%) to 38,169.15. Meanwhile, the S&P 500 had fallen 26.62 poi...
- Boeing CEO Dave Calhoun to step down in management shakeup amid safety crisisBoeing Co CEO Dave Calhoun will step down by year-end amidst a management shakeup triggered by safety concerns following a mid-air panel bl...
- S&P 500, Nasdaq hit record highs as jobs data strengthens rate cut betsAt 09:37 a.m. ET, the Dow Jones Industrial Average was up 8.98 points, or 0.02%, at 38,800.33, the S&P 500 was up 9.57 points, or 0.19%, at...
- Billionaire gets roasted for sharing Rs 7,000 breakfast bill and then complaining on social mediaBillionaire investor Kyle Bass faced social media criticism for attributing his $85 room service bill to Biden, Yellen, and the Federal Res...
- US bond market flouting inflation looks more vulnerableThe broader bond market is also signaling that a Federal Reserve policy rate peak short of 5% will be enough to cause a recession, requirin...
- Dow Jones edges higher on tech gains; meme stocks rallyInvestors awaited fresh cues from inflation data this week and an upcoming Federal Reserve meeting.
- Investors see Biden's 15% minimum tax offer as positiveBiden offered to set a minimum tax rate that companies should pay at 15 per cent, two sources familiar with the matter said, in what would ...
- Be wary of China's might! Commodities at record high may be heading for a burstWhile billions of yuan have poured in from Chinese retail investors, brokers and traders say even more is coming from an army of deep-pocke...
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