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Finance News — Page 169

NY Fed: Remote Work Fuels 64% of Youth Unemployment

NY Fed: Remote Work Fuels 64% of Youth Unemployment

The New York Fed’s latest research links the surge in youth unemployment – up to 5.6% for recent graduates – largely to the rise of remote work, which it says accounts for 64% of the increase. While r

CNBC · 2mo ago
Ethereum's Vitalik Buterin is rethinking how DeFi handles market crashes

Ethereum's Vitalik Buterin is rethinking how DeFi handles market crashes

In a research post published Monday, Buterin proposed creating index-tracking assets using options contracts rather than...

CoinDesk · 2mo ago
Stock Market Today: Dow falls 200 points as oil prices and Treasury yields climb; S&P 500 and Nasdaq rise as software's comeback continues - MarketWatch

Stock Market Today: Dow falls 200 points as oil prices and Treasury yields climb; S&P 500 and Nasdaq rise as software's comeback continues - MarketWatch

The market split on June 1: the Dow slipped roughly 200 points as higher oil prices and Treasury yields weighed on broader equities, while the S&P 500 and Nasdaq posted gains, driven by a resurgence i

Google News Business · 2mo ago
Nvidia's entrance into the PC market gives investors another reason to own the stock

Nvidia's entrance into the PC market gives investors another reason to own the stock

Nvidia is expanding beyond data‑center chips with the RTX Spark, a MediaTek‑co‑designed system‑on‑chip that bundles a CPU, GPU and NPU for Windows PCs. The Computex debut sparked a >4% jump in Nvidia’

CNBC · 2mo ago
Powell warns political pressure risks Fed credibility

Powell warns political pressure risks Fed credibility

Former Fed Chair Jerome Powell warned the central bank is 'undergoing a stress test,' cautioning that removing officials over policy differences would cause the public to lose faith in its credibility

The Hill · 2mo ago
S&P 500 Record Close Driven by AI & Chip Stocks

S&P 500 Record Close Driven by AI & Chip Stocks

The S&P 500 hit a fresh record on May 31, but the rally was powered by a narrow group of AI‑related and semiconductor stocks, echoing the limited breadth that preceded the dot‑com crash of 2000. Analy

CNBC · 2mo ago
Strategy shares fall after selling $2.5 million in bitcoin, its first sale since 2022

Strategy shares fall after selling $2.5 million in bitcoin, its first sale since 2022

Michael Saylor’s firm Strategy sold 32 bitcoin for $2.5 M – its first sale since 2022 – and issued over 800 k shares, raising $128.3 M. The move triggered a 6% pre‑market share decline and a 2% dip in

CNBC · 2mo ago
Iran‑Backed Threat Triggers Wall Street Dip, S&P 500 -0.2%

Iran‑Backed Threat Triggers Wall Street Dip, S&P 500 -0.2%

Wall Street opened lower as Iranian media warned the Iran‑backed “Axis of Resistance” was preparing to activate all fronts, pushing the S&P 500 down 0.2% and the Dow 0.4%.

Google News Business · 2mo ago
Binance to launch 7,000 tokenized US stocks as bStocks

Binance to launch 7,000 tokenized US stocks as bStocks

Binance is preparing to roll out bStocks, tokenized securities representing roughly 7,000 US stocks and ETFs, with the launch awaiting approval from Ontario's financial regulator.

Cointelegraph · 2mo ago
MEXC Launches RealStocks: 0‑Fee US Equity Trading

MEXC Launches RealStocks: 0‑Fee US Equity Trading

Amid tight U.S. energy supplies and Meta’s AI push on Threads, crypto exchange MEXC is shifting focus to Wall Street with RealStocks, a zero‑fee platform that lets users own actual U.S. shares and col

Cointelegraph · 2mo ago
Live markets: Bitcoin retreats under $72,000 as Strategy unloads BTC for first time in four years

Live markets: Bitcoin retreats under $72,000 as Strategy unloads BTC for first time in four years

AI enthusiasm is pulling capital away from crypto, sending Bitcoin under $72,000 for the first time in four years. Nvidia’s new RTX processor sparked a 6.2% surge in its stock, while AI‑focused miners

CoinDesk · 2mo ago
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This Tech Stocks Rally Can Rage Into June but Markets Face 3 Big Obstacles. - Barron's

This Tech Stocks Rally Can Rage Into June but Markets Face 3 Big Obstacles

Google News Business · 2mo ago
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Nvidia Enters PC Market With RTX Spark Arm Chip

Nvidia announced the RTX Spark, an Arm-based consumer PC chip family built with MediaTek that it calls "the most efficient PC chip ever built," marking its entry into the Windows laptop market and cha

TechMeme · 2mo ago
Bitcoin slides as spot ETF outflows hit $2.97B record

Bitcoin slides as spot ETF outflows hit $2.97B record

Bitcoin and other crypto assets fell sharply as U.S. spot bitcoin ETFs recorded a record ten‑day outflow of $2.97 billion, while AI‑driven equity rallies and rising oil prices added to market tension.

CoinDesk · 2mo ago
Bitcoin and software stocks are breaking up — and history says a major crypto move is coming

Bitcoin and software stocks are breaking up — and history says a major crypto move is coming

Bitcoin and software equities have sharply diverged, with the iShares Tech‑Software ETF surging 36% and reclaiming its 200‑day trend line while Bitcoin slides about 10% below its 200‑day average and i

CoinDesk · 2mo ago
Coinbase launches rupee transfers in India

Coinbase launches rupee transfers in India

Coinbase has unlocked direct rupee‑bank transfers for Indian users after securing an FIU nod, giving the platform a fast, IMPS‑based bridge to spot, futures and its Advanced Trade suite. The move come

Cointelegraph · 2mo ago
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Nvidia Enters Consumer PCs With RTX Spark Arm Chip

Nvidia unveiled the RTX Spark, an Arm-based consumer chip made on TSMC's 3nm process with MediaTek, marking its first move into consumer PC processors alongside a deep Microsoft partnership.

TechMeme · 2mo ago
NYDIG suggests $1.3B IBIT sale was whale exiting directional trade

NYDIG suggests $1.3B IBIT sale was whale exiting directional trade

Bitcoin’s market is under pressure: U.S.-listed ETFs have logged 11 days of net outflows, the flagship coin slipped below $1.5 trillion in market cap and the Fear & Greed Index sank to 29. NYDIG flags

Cointelegraph · 2mo ago
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US stock futures rise as Nvidia, AI cheer offset Iran military flare-up - Investing.com

US stock futures rise as Nvidia, AI cheer offset Iran military flare-up  Investing.comStock Market Today: New Nvidia Chi...

Google News Business · 2mo ago
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Musk mocks Bezos' rocket blast as SpaceX nears $1.8T

Elon Musk jabbed at Jeff Bezos after a Blue Origin rocket blew up, while SpaceX’s valuation surged toward a $1.8 trillion IPO. The New Glenn mishap has tightened launch capacity, giving SpaceX a marke

Google News Business · 2mo ago

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