A weekly look at the most important news and moves in crypto, and what’s on the horizon in digital assets.
It’s no longer the glory days for the classic 60/40 investment strategy.
Egg prices at the grocery store shocked many consumers over the recent holiday season, and those prices are expected to continue to climb after an unanticipated spike in the number of bird flu cases in late 2024 led to a significant drop in the number of egg-laying hens in the United States.
“Almost all” Fed officials judged that the upside risks to inflation had increased, according to minutes of the Fed’s December meeting released Wednesday.
AMD’s stock just got downgraded, with HSBC warning that the company’s “AI GPU roadmap is less competitive than we previously thought.”
Live-TV streaming offerings are still far cheaper than cable and there may be more affordable bundles.
Investors may look back and “see points in time” when Treasury yields were approaching 5% and investors should have been buying, according to PGIM’s head of global bonds.
The U.S. will honor former President Jimmy Carter, who died on Dec. 29 at age 100, with an official state funeral on Thursday, Jan. 9.
Investors continued to sell off long-dated U.S. government maturities Wednesday morning, sending 20- and 30-year yields further into their highest levels in more than a year on lingering concerns about inflation and the possible impacts of the incoming Trump administration’s policies.
Nvidia’s talk of huge market opportunities in autonomous driving and robotics is “potentially comforting for investors thinking about what might come next for the company,” an analyst says.
This group was first identified by Jefferies in September 2020 and included Nvidia long before the company’s growth explosion began.
Shares of Rigetti Computing, Quantum Computing, IonQ and D-Wave were down sharply after Nvidia’s Jensen Huang said that “very simple quantum computers” could be 20 years away.
“I’m considering downsizing to one car to save about $1,600 a year.”
Chip maker AMD is investing $20 million in AI drug startup Absci, which will use AMD chips and software for drug development.
Advocates accuse Drug Enforcement Administration of blocking the reclassification of cannabis as a Schedule III drug under the Controlled Substances Act.
The number of people who applied for unemployment benefits in the first week of the new year fell to an 11-month low, the latest sign layoffs remain extremely low even as businesses cut back on hiring.
Federal Reserve Governor Christopher Waller said Wednesday that he doesn’t think that proposed import tariffs from the incoming Trump administration will lead to upward pressure on inflation.
Albertsons Cos. Inc.’s stock rose 3.6% early Wednesday, after the grocery chain beat profit estimates for its fiscal third quarter, offsetting a small revenue miss.
Looking for signs from the “first five days of January indicator” and the “January barometer.”
The private-equity industry wants more access to retirement accounts.
