Cryptocurrency News

The U.S. economy has a stellar track record of producing the world’s most valuable companies. United States Steel became the first $1 billion company in 1901. General Motors then rode …

(Bloomberg) — Jerome Powell delivered exactly what traders up and down Wall Street had long hoped for: A big interest-rate cut that would justify this year’s steep rally in stocks …

By Saqib Iqbal Ahmed, Suzanne McGee and Carolina Mandl NEW YORK (Reuters) – Investors who anticipated furious market swings following the U.S. Federal Reserve’s bumper rate cut saw more of …

By Lewis Krauskopf and Davide Barbuscia NEW YORK (Reuters) – One of the most consequential Federal Reserve meetings in recent history has put investors’ focus squarely on one question: whether …

Federal Reserve Chair Jerome Powell said the central bank believed the economy was in good shape and unemployment was still relatively low.Jose Luis Magana/AP The Fed just issued its first …

Asian markets forged higher on Thursday after the Federal Reserve kicked off its efforts to prevent a recession in the U.S. with a bigger-than-usual cut to interest rates. In Tokyo, …

By Tom Westbrook SINGAPORE (Reuters) – The dollar bounced, long-dated bond yields were up and Asian stocks mostly rose after the U.S. Federal Reserve began its easing cycle with a …

Cindy Ord/Getty Images for Yahoo; iStock; Rebecca Zisser/BI Fundstrat’s Tom Lee expects the S&P 500 to top 15,000 by 2030. Demographic trends, millennial spending habits, and technology advancements will be …

(Bloomberg) — Asian equities braced for a tailwind from the Federal Reserve’s half-point rate cut and signs of further policy easing in the months ahead. Most Read from Bloomberg Japanese …

(Bloomberg) — US equities will climb through the rest of the year with the Federal Reserve’s aggressive interest-rate cut bolstering the chances of a soft landing for the economy, according …