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Biden"s infrastructure plan will pass in late 2021 and boost growth next year, Morgan Stanley says
The bank upgraded its 2022 GDP projection but warned that rebounding rent costs are flashing "signs of more persistent inflationary pressures." President Joe Biden. Mike Segar/Reuters Morg.....»»
: This software engineer used cryptocurrency to buy his dream home — but the process wasn’t entirely straightforward
'You can’t pay your closing costs with a Van Gogh — it’s the same with your bitcoin.'.....»»
Sidestepping taper talk, ECB to stick to stimulus plans
The bank is pinning borrowing costs near record lows via massive bond purchases to see the euro zone through a scarring recession.....»»
China Calls Bitcoin An "Investment Alternative" — Why The Move Is Significant
China’s central bank is now calling the world’s biggest cryptocurrency Bitcoin (BTC) an "investment alternative," CNBC read more.....»»
Coinbase IPO vs Big Bank Earnings
Cryptocurrency exchange Coinbase is coming public Wednesday, the same day that three of the nation's banks report first-quarter results. Which is the bigger story?.....»»
NewsWatch: Here’s where investors see a market bubble — and it isn’t stocks, says Bank of America
Our call of the day from Bank of America narrows down where investors see the most risk these days. Fingers are pointing at the world's most popular cryptocurrency......»»
Need to Know: Here’s where investors see a market bubble — and it isn’t stocks, says Bank of America
Our call of the day from Bank of America narrows down where investors see the most risk these days. Fingers are pointing at the world's most popular cryptocurrency......»»
JPMorgan CEO Jamie Dimon says the US faces 7 major hurdles to economic growth, including high healthcare costs and income inequality
"Fixing America's problems is going to take hard work," the CEO of the US' largest bank by assets wrote in his annual sharehold.....»»
BNY Mellon Invests In Cryptocurrency Custodian Fireblocks
Bank of New York Mellon (NY.....»»
Need to Know: How bitcoin is like Tesla and here to stay, but will feel volatility from this unique effect, says Deutsche Bank
The past week has been another blockbuster for bitcoin: The cryptocurrency cleared the $60,000 milestone over last weekend and has been bolstered by news from major banks......»»
Ethereum network upgrade that will destroy coins could cause "explosive growth" in the ether price, experts say
The upgrade to the Ethereum network - known as EIP-1559 - will limit the supply of ether by overhauling the way transactions work. Ether is the cryptocurrency of the Ethereum network Photothek/Getty Images An upgrade to.....»»
Controversial Bonus Change At Bank Of America Pulls Forward $400 Million In Costs
Controversial Bonus Change At Bank Of America Pulls Forward $400 Million In Costs .....»»
Goldman Sachs restarts cryptocurrency trading and will begin dealing bitcoin futures for clients next week, report says
The cryptocurrency trading desk will be a part of the US Global Markets division. The bank i.....»»
The Ratings Game: Buying Signature Bank stock gives investors cryptocurrency exposure for free, analyst says
Buying shares of Signature Bank is a cheap way to gain exposure to cryptocurrencies, such as bitcoin, according to BofA Securities analyst Ebrahim Poonawala, prompting him to raise his price target by 15%......»»
Bill Gates Has "Neutral" Feelings For Bitcoin But Recognizes Value Of Technology
Microsoft Corporation (NASDAQ: MSFT) founder Bill Gates said he was “neutral” about Bitcoin (BTC) while acknowledging the cryptocurrency’s role in bringing down transaction costs. read more.....»»
US Exposes North Korea Blockchain Plot To Evade Ship Sanctions
A North Korean computer hacker has been charged in a plot using blockchain to get investors to unknowingly fund North Korean cargo ships with cryptocurrency as a way to evade U.S. sanctions. read more.....»»
New bill would limit preschool, child care costs for Mass. families
State lawmakers plan to file first-of-its-kind legislation on Tuesday that would create what.....»»
BNY Mellon Opens Its Doors To Bitcoin And Cryptocurrency Custody
America’s oldest bank, Bank of New York Mellon Corp (NYSE: BK), will offer Bitcoin and digital asset custody services later this year. read more.....»»
Analysts weigh in on how Wells Fargo"s layoffs, other cuts are playing out
Widespread layoffs are underway at Wells Fargo & Co., as the bank seeks to slash costs and build efficiency......»»
Bitcoin is "most crowded" trade: survey
Big-money managers say too many investors have piled into the red-hot cryptocurrency bitcoin at the start of 2021, according to a Bank of America survey conducted in January......»»