State Street, which commissioned Wall Street’s ‘Fearless Girl’ statue, ends diversity policies
The popular statue had become a symbol of workplace gender diversity.
News
Lockstep Moves in US Stocks Suggest More Volatility Is Brewing
(Bloomberg) -- US stocks are increasingly moving in tandem, raising the risks of further turbulence ahead as investors grapple with uncertainty over economic growth and the potential fallout from President Donald Trump’s trade policies.Most Read from BloombergRepublican Mayor Braces for Tariffs: ‘We Didn’t Budget for This’Trump Administration Plans to Eliminate Dozens of Housing OfficesHow Upzoning in Cambridge Broke the YIMBY MoldNYC’s Finances Are Sinking With Gauge Falling to 11-Year LowRemem
'Big Three' Automaker Stocks Gain as Trump Grants One-Month Tariff Exemption
Shares of GM, Ford, and Stellantis gained Wednesday as the White House granted the automakers a one-month exemption from new tariffs on Canada and Mexico.
What Crypto Must Do to Activate the Wealth Advisory Segment
Though it may seem contrary to the industry’s Do Your Own Research ethos that is particularly beloved by purists, successfully unlocking crypto access for high net worth investors and their advisors will propel the industry forward, says Binance’s Catherine Chen.
Germany to ease government debt limits in major step aimed at boosting economy, defense spending
The two political parties expected to form the next German government have agreed to loosen the country's constitution restrictions on borrowing, enabling 1 trillion euros ($1.08 trillion) or more in spending on defense and infrastructure. It’s a major change in Germany’s debt-averse political culture, rejecting conventional economic wisdom that long dominated Europe’s biggest economy and one of the world’s wealthiest countries. Here are key facts about the debt brake and what the changes will mean for Germany and Europe.
Companies see year-ahead inflation rising to as high as 4%: NY Fed
Trump administration tariffs risk stoking inflation, disrupting supply chains and undermining corporate earnings, Bank of America Securities analysts said.
Bitcoin’s Risk-Adjusted Returns Took a Hit in February
The world's largest crypto is lower so far in 2025 after a number of violent price swings.