U.S. economy

Stocks, yields edge higher; Powell says economy still in good place

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mint

NEW YORK (Reuters) -Stock indexes rose on Friday after Federal Reserve Chair Jerome Powell said the U.S. economy continues to be in a good place and it remains to be seen if the Trump administration’s tariff plans will prove to be inflationary, while U.S. 10-year Treasury yields also turned higher. Stocks and Treasury yields were … Read more

Bitcoin set for biggest weekly fall since FTX collapse in 2022

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Yen climbs on BOJ outlook, yuan helped by prospect of trade deal

SINGAPORE (Reuters) – Bitcoin hit its lowest since November and was set for its biggest weekly fall in over two years, swept up in a sell-off in tech stocks at a time when a $1.5 billion hack and doubts about U.S. crypto policy has left industry sentiment fragile. The world’s largest cryptocurrency by market value … Read more