ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailIn this episode of Beyond the Valley, Monica Long, President of Ripple, joins CNBC’s Arjun Kharpal to talk about the state of the crypto market and what President Donald Trump means for the industry. Long also discusses Ripple’s stablecoin and the current push towards so-called real-world asset tokenization.30:46Thu, Apr 24 202512:38 PM EDT Source link
Author: usaeverydaylife
U.K. retail sales better than expectedU.K. retail sales volumes rose for the third consecutive month in March by 0.4%, beating gloomy expectations of a 0.3% decline.Clothing and outdoor retailers said that good weather had boosted sales, according to the Office for National Statistics, offsetting a decline in supermarket sales.However, some economists expect the positive trend to be short-lived.”While today’s retail sales data confirmed that households spent a bit more freely than expected in Q1, that may not last,” said Alex Kerr, economist at Capital Economics. “The decline in consumer confidence to a 17-month low, in part due to the uncertainty…
Companies in March accelerated their orders for big-ticket long-lasting goods ahead of President Donald Trump’s aggressive tariffs on U.S. imports, the Commerce Department reported Thursday.So-called durable goods orders soared a seasonally adjusted 9.2% on the month, up from a 0.9% gain in February and well ahead of the Dow Jones forecast for a 1.6% increase. Excluding defense, the increase was even higher, at 10.4%, though the ex-transportation number was flat.Transportation equipment orders surged 27%, led by a 139% increase in nondefense aircraft and parts. In addition to aircraft and autos, the durables category also includes items such as appliances, computers…
Trump to Putin: ‘Vladimir, STOP!’Russian missile and drone strikes on Kyiv killed at least 12 people and injured 90 others yesterday. The attack prompted President Trump to express rare disapproval of Moscow.“Vladimir, STOP!” Trump posted on social media, addressing Russia’s president, Vladimir Putin. “I am not happy with the Russian strikes on KYIV. Not necessary, and very bad timing.”The attack came hours after Trump and his top aides had demanded that Ukraine’s president, Volodymyr Zelensky, accept an American-designed plan that favored Russia.Speaking in the Oval Office yesterday, Trump said that he had “no allegiance” to either side and that his…
The S & P 500 ‘s technical levels made a dreaded and somewhat rare crisscross for chart watchers. If history repeats itself, data from Bank of America shows more short-term weakness ahead before a rebound. The broad index’s 50-day moving average fell below its 200-day moving average on April 14, a price chart pattern known as the “death cross.” This is a concerning signal that indicates the S & P 500 is losing momentum in the near term and can fall even further. A death cross marks the latest milestone for the S & P 500, which has seen highly…
South Korea’s Trade, Industry and Energy Minister Ahn Duk-geun (right) arrives at Incheon International Airport on April 23, 2025, as he departs for Washington for finance and trade ministers’ talks with the U.S.Jung Yeon-je | Afp | Getty ImagesSouth Korea has asked for “calm” and “orderly” discussions with the U.S. on trade issues, as Asia’s fourth largest economy reportedly seeks to work out a deal with the U.S. by July to avoid tariffs.In the so-called “2+2” talks in Washington, D.C., on Thursday, South Korean Finance Minister Choi Sang-mok and Trade, Industry and Energy Minister Ahn Dukgeun met with U.S. Treasury…
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., April 24, 2025. Brendan McDermid | ReutersS&P 500 futures rose on Thursday evening on the heels of Wall Street seeing its third straight day of gains and Alphabet’s latest quarterly results.Futures linked to the S&P 500 were 0.3% higher, while Nasdaq-100 futures gained 0.4%. Futures tied to the Dow Jones Industrial Average hovered around the flatline.In extended trading, shares of Alphabet jumped about 5% after the Google-parent and “Magnificent Seven” name beat on the top and bottom lines for the first quarter. By…
During President Trump’s first term, Ukraine worried that Mr. Trump might recognize Russian control over Crimea, the Ukrainian peninsula Moscow forcibly seized in early 2014.As a candidate, Mr. Trump had said he would “take a look” at the matter, even though the Obama administration and America’s Western allies had rejected Russia’s annexation of the strategic territory. Mr. Trump even mused that “the people of Crimea, from what I’ve heard, would rather be with Russia.”But Mr. Trump never followed through and even doubled down against Moscow. In July 2018, Secretary of State Mike Pompeo issued an official “Crimea Declaration” pledging that…
‘Fast Money’ traders react to Alphabet earnings. Source link
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailOn today’s episode of CNBC Crypto World, bitcoin holds its ground at the $93,000 level after multiple days of gains. Plus, Coinbase gets rid of fees for purchases of PayPal’s stablecoin on its platform. And, Devin Finzer, CEO of OpenSea, breaks down what changing U.S. regulations mean for the NFT market.12:46Thu, Apr 24 20253:06 PM EDT Source link
