Investment firm Aureus Asset Management said the market expects the Federal Reserve to cut interest rates at least until December, but the risk of rising inflation remains high. Despite all the tariff negotiations, prices remain high. We've been looking more at fixed income, and we've found that its volatility can actually be reduced, rather than just going long equities as in the past.
Wall Street panic, US Treasury Secretary Vincent emergency tone, hard-core cut Trump: the plunge began with AI breakthrough, not MAGA policy. Click to view...
On the full moon of Trump's inauguration as US president, his joint interview with "America's first buddy" Musk will be broadcast on Fox News. The pre-recorded interview, which will be broadcast on Hannity on Tuesday night (10am Beijing time on the 19th), will focus on the first 100 days of the Trump administration and Musk's role in the Department of Government Effectiveness. The joint interview comes as Trump and Musk continue to work in government...
As creditors prepare for long-awaited repayments, the FTX data breach has intensified phishing scams. FTX creditor Sunil Kavuri sent an alert on X about the potential data breach, warning that scammers were sending phishing emails to creditors.
Binance founder CZ wished Giggle Academy a happy one-year anniversary on Valentine's Day and revealed that more than 5,000 children are currently actively using the app. Although the number of users is not huge, Giggle Academy is very sticky, and children who have used it once will keep asking to use it.
Retail investors are breaking records for buying US stocks as some professional investors leave the market, and there is no sign that the inflows from them will stop anytime soon. Emma Wu, global quantitative and derivatives strategist at JPMorgan Chase, says retail investor enthusiasm has reached its highest level on record, surpassing the 2021 Internet celebrity boom.
The Biden administration fired the "last shot" at Russia, and oil prices got a boost again as the winter arrived. But analysts point out that crude oil bulls seem to be too "carried away"? > >
As the Federal Reserve enters the new year facing a strong economy and inflation that remains above its 2 percent target, Kansas Fed President Schmid on Thursday signaled reluctance to cut interest rates again. Speaking at the Economic Club of Kansas City, Schmid said that "we are very close to achieving our dual goals of price stability and full employment" and that "with inflation near target and economic growth showing continued momentum, I...
On December 31st, on the occasion of quitting the old and welcoming the new in 2024, OKX CEO Star released an open letter entitled "Salute to another year of hard work". In the letter, he mentioned that in the past year, OKX has continued to strengthen its compliance operations to comply with the risk management mechanism of the top financial services companies. It is this high standard of compliance system that has enabled the company to successfully obtain relevant licenses in regions known fo...
As the hacked WazirX was undergoing a workout, its digital hosting partner Liminal issued a statement addressing the alleged security bugs. On October 22, Liminal issued an update responding to WazirX's alleged "disinformation campaign" and clarifying some information about its role in the incident. Despite blaming Liminal for the $235 million breach in July, WazirX continues to use its digital hosting service, and WazirX holds more than 175 million on its platform.