Powell notes economic improvement, but says the pandemic remains a risk
Jerome Powell, chairman of the U.S. Federal Reserve, speaks during a House Select Subcommittee on the Coronavirus Crisis...
Bitcoin drops as China intensifies crypto mining crackdown
A bitcoin mine near Kongyuxiang, Sichuan, China on August 12, 2016. Paul Ratje | The Washington Post |...
Stocks making the biggest moves midday: Nvidia, Lennar, Adobe and more
A sign is posted in front of the NVIDIA headquarters on May 10, 2018 in Santa Clara, California....
Goldman Sachs ramps up bitcoin trading in new partnership with Mike Novogratz’s Galaxy Digital
Goldman Sachs’ efforts to help hedge funds and other big institutional clients wager on bitcoin have taken a...
Fed’s Jim Bullard sees first interest rate hike coming as soon as 2022
St. Louis Federal Reserve President James Bullard told CNBC on Friday that he sees an initial interest rate...
Inflation breakout will drive 10-year Treasury yields above 2% in coming months, Wells Fargo predicts
Treasury yields may be about to break out. Even though yields temporarily fell after this week’s Federal Reserve...
Stocks making the biggest moves in the premarket: Adobe, Smith & Wesson, Orphazyme & more
Take a look at some of the biggest movers in the premarket: Adobe (ADBE) – Adobe reported quarterly...
China’s entertainment industry is set to bounce back from Covid, says Chinese dancer
BEIJING — Chinese dancer and TV host Jin Xing is confident the entertainment industry will return to normal,...
Mortgage rates shoot higher after Fed Chairman Powell’s comments
The average rate on the popular 30-year fixed mortgage moved decidedly higher Thursday, hitting 3.25%, according to Mortgage...
Jobless claims show surprise increase to highest level in a month
Initial jobless claims unexpectedly rose last week despite an ongoing recovery in the U.S. employment market, the Labor...
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