Federal Reserve
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Business
Federal Reserve Inspector General Clears Jerome Powell of Misconduct in Building Renovation Probe
A months-long inspector general investigation into cost overruns at the Federal Reserve’s headquarters renovation has concluded without finding administrative misconduct…
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Crypto
Bitcoin Holds $84,000 as Cooler PCE Data Eases Fed Hike Fears Amid Macro Headwinds
Bitcoin has stabilized above $84,000 following the release of August inflation data that came in lighter than anticipated, temporarily reducing…
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Crypto
Bitcoin Drops to $83,000 as Iran Oil Shock and Fed Rate Hike Odds Crush Crypto Rally
Leveraged cryptocurrency traders absorbed nearly half a billion dollars in losses Monday as geopolitical escalation in the Middle East and…
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Business
Economist Peter Schiff Warns of Deepening Energy Crisis as Diesel Costs Ripple Through the Economy
A prominent voice in American economic commentary is sounding the alarm on what he sees as an escalating energy-driven downturn,…
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Crypto
U.S. crypto regulators move after Senate blocks Clarity Act in 49–50 vote
WASHINGTON — The SEC, CFTC, Federal Reserve and Office of the Comptroller of the Currency launched separate digital asset initiatives…
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Business
10-Year Treasury Yield Hits 5.21%, Pushing 30-Year Mortgage Rates to 7.45%
WASHINGTON — The benchmark 10-year U.S. Treasury yield has climbed to 5.21%, its highest level since 2007, pushing the average…
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Business
Fed Rate-Hike Odds Top 75% as Treasury Yields Surge and Oil Breaks $108
WASHINGTON — Markets now see more than a 75 percent chance that the Federal Reserve will raise its benchmark interest…
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News
Warren Seeks Answers on Commerce Department’s Removal of Scientific Integrity Safeguard
Sen. Elizabeth Warren (D-Mass.) is seeking a full account of the Commerce Department’s decision to remove language protecting federal science…
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Business
Nscale’s $35 Billion IPO Bid Exposes the AI Economy’s Deep Losses
WASHINGTON — Bitcoin rose 5% in early trading, peaking at $84,959 and crossing above its 50-week moving average, a technical…
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Crypto
Bitcoin Breaks $85,000 as Short Sellers Face a $648 Million Wipeout
NEW YORK — Bitcoin climbed to an intraday high of $85,111 on Monday, gaining 5.7% in 24 hours as a…
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