ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailOn today’s episode of CNBC Crypto World, major cryptocurrencies trade higher with ether climbing more than 3% to more than $1,800. Plus, the Department of Justice is seeking a 20-year prison sentence for former Celsius CEO Alex Mashinsky. And, Chris Maurice of crypto payments firm Yellow Card discusses regulatory developments around stablecoins in the United States.10:44Tue, Apr 29 20253:32 PM EDT Source link
Author: usaeverydaylife
Pedestrians walk past an Itau Unibanco Holding SA bank branch in Sao Paulo, Brazil.Patricia Monteiro/Bloomberg | Bloomberg | Getty ImagesInvestors have been piling into emerging market bonds as Treasurys’ long-held reputation as a safe haven took a beating following U.S. President Donald Trump’s “reciprocal” tariffs.Emerging market local currency bond yields slid by 13 basis points between April 2 — when Trump announced the tariffs — and April 25, according to the most recent data provided by JPMorgan. In contrast, the benchmark 10-year Treasury yield rose by more than 7 basis points during the same period.”We are seeing that pickup into…
CNBC’s Jim Cramer on Tuesday expressed that politicians should take investors’ interests into consideration and pushed back against the notion that only wealthy people are shareholders who stand to benefit from market gains.”Shareholders are a constituency,” he said. “We should be considered. It’s not just arrogant rich people who own stocks. In fact, the mega-rich love to come on the air and tell you the stock market is too dangerous.”According to Cramer, the U.S. is home to many companies that do meaningful business and could make investors a lot of money, “yet neither political party wants to take credit for…
An abandoned ranch in western Mexico that groups searching for missing relatives had claimed was an “extermination camp” — because of discarded personal items and burned remains found there — was a training hub for a major cartel, Mexico’s attorney general announced on Tuesday. But, he said “there is not a single piece of evidence to prove” that the ranch was the site of human cremations.At a news conference presenting his office’s findings so far in the high-profile case, Attorney General Alejandro Gertz said that the Izaguirre ranch in Teuchitlán, a village near Guadalajara in Jalisco state, was “totally proven”…
‘Fast Money’ traders talk SMCI earnings. Source link
Shoppers and pedestrians walk past a Shiels store at Rundle Mall in Adelaide, Australia, on Thursday, Feb. 11, 2021.James Bugg | Bloomberg | Getty ImagesAustralia’s first-quarter inflation rose 2.4% compared to the same period last year, staying at a four-year low.This was higher than the Reuters expectations of a 2.3% climb, and unchanged from the 2.4% rise in the previous quarter.Data from the Australian Bureau of Statistics said that the most significant price rises this quarter were in housing, education, as well as food and non-alcoholic beverages.This was partially offset by falls in the prices of recreation and culture activities,…
Facebook’s CEO Mark Zuckerberg (L) speaks with Microsoft’s CEO Satya Nadella after posing for a family picture with guests who attend the “Tech for Good” Summit at the Elysee Palace in Paris, on May 23, 2018.Charles Platiau | AFP | Getty ImagesMicrosoft CEO Satya Nadella on Tuesday said that as much as 30% of the company’s code is now written by artificial intelligence.”I’d say maybe 20%, 30% of the code that is inside of our repos today and some of our projects are probably all written by software,” Nadella said during a conversation before a live audience with Meta CEO…
LIANYUNGANG, CHINA – APRIL 11, 2025 – A worker produces plush toys for sale to countries along the Belt and Road at a toy company’s production line in Lianyungang, Jiangsu province, China on April 11, 2025. Cfoto | Future Publishing | Getty ImagesChina’s manufacturing activity fell more than expected to a near two-year low, sliding into contractionary territory in April as the escalating trade war with the U.S. hurts bilateral trade.The official purchasing managers’ index came in at 49.0 in April, according to data from the National Bureau of Statistics on Wednesday, falling below the 50-level threshold, which determines expansion from contraction,…
The ‘Fast Money’ traders talk what to expect in next 100 days. Source link
Traders work on the floor of the New York Stock Exchange (NYSE) on April 29, 2025 in New York City. Angela Weiss | Afp | Getty ImagesStock futures tied to the S&P 500 were lower Tuesday evening as traders prepared for a blast of economic data to wrap up a tumultuous month of trading.S&P 500 futures slipped 0.2%, while Nasdaq 100 futures lost 0.3%. Dow Jones Industrial Average futures added 11 points, or 0.03%.The major averages ended Tuesday higher after Commerce Secretary Howard Lutnick told CNBC that the White House was close to announcing a trade deal, but didn’t name…
