WisdomTree takes new crack at Bitcoin ETF despite prior rejections. Why this time may be different
WisdomTree is attempting to launch a spot bitcoin exchange-traded fund even though its peers have failed. The firm filed with…
Biden says Supreme Court ‘misinterpreted the Constitution’ in rejecting student loan relief
WASHINGTON — President Joe Biden said Friday he’ll give a second go at his student debt relief plan, rooting it…
LGBTQ small business owners struggle to find financing
It’s not an easy time to be a small business in search of financing. For LGBTQ owners, the struggle has…
Key Fed inflation measure shows prices rose just 0.3% in May
Inflation pressures eased slightly in May as consumer spending slowed considerably, according to a Commerce Department report released Friday. The…
First-quarter economic growth was actually 2%, up from 1.3% first reported in major GDP revision
The U.S. economy showed much stronger-than-expected growth in the first quarter than previously thought, according to a big upward revision…
Watch Fed Chair Jerome Powell speak live at a policy forum in Portugal
[The stream is slated to start at 9:30 a.m. ET. Please refresh the page if you do not see a…
Powell says more ‘restriction’ is coming, including possibility of hikes at consecutive meetings
Federal Reserve Chairman Jerome Powell talked tough on inflation Wednesday, saying at a forum that he expects multiple interest rate…
ECB chief economist warns markets against pricing in rate cuts within the next two years
European Central Bank Chief Economist Philip Lane on Tuesday warned markets against pricing in cuts to interest rates within the…
A U.S. recession is coming this year, HSBC Asset Management warns — with Europe to follow in 2024
The U.S. will enter a downturn in the fourth quarter, followed by a “year of contraction and a European recession…
Markets are pricing in rate cuts too soon, IMF’s Gopinath says
Major central banks will have to keep interest rates high for much longer than some investors expect, Gita Gopinath, first…
