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Live Coverage: Fed Chair Powell Discusses Interest Rate Decision
Federal Reserve Chairman Jerome Powell addresses the latest interest rate decision and the state of inflation in the U.S. The central bank leader's press conference comes as traders await other U.S. economic data, including the October jobs report.
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Breaking News articles
U.S. payroll growth slowed sharply in June, with only 57,000 jobs added
This morning's data could slow market expectations for a Fed rate hike as soon as this summer or early Fall.
Saylor's Strategy initiates buybacks and bitcoin monetization program, lifts STRC dividend
Strategy adopted a new capital management framework, authorizing up to $2 billion in buybacks while creating a program that allows future bitcoin sales to support liquidity.
Bitcoin tumbles to new multi-year low of $58,000, but a short-squeeze setup emerges
Derivatives markets signal that betting on further slide in prices is getting overcrowded, setting up for a potential snapback.
Bitcoin falls below $60,000 as AI trade continues to draw investor interest and capital
South Korean memory chip giant on Wednesday filed to raise nearly $30 billion in a U.S. offering.
Fed holds rates steady in first decision under new Chairman Kevin Warsh
The accompanying policy statement and updated economic projections, however, took a hawkish turn.
FTX's Sam Bankman-Fried loses appeal of criminal conviction on fraud, conspiracy charges
The onetime FTX CEO did not persuade a panel of judges that his trial was unfair, the appeals court panel ruled Friday.
Crypto trading firm FalconX confidentially files with SEC for IPO, hires bankers
FalconX has hired Cantor and other bankers to advise on a potential IPO and confidentially filed draft paperwork with the SEC, though the listing is not expected until later this year amid volatile market conditions.
Asset manager Grayscale delays IPO plans as crypto listing boom loses steam
Grayscale’s decision to delay its IPO highlights the growing caution across the crypto industry as volatile markets and weak investor demand weigh on public listing plans.
Google engineer insider-traded search results on Polymarket, Feds allege
The charges mark the second major arrest over insider trading on a prediction market.
Bitcoin heads higher as President Trump announces Iran peace agreement
"An Agreement has been largely negotiated, subject to finalization between the United States of America, the Islamic Republic of Iran, and the various other Countries," wrote President Trump late Saturday afternoon.
