Bitcoin Climbs, Benefiting From Higher Yields
U.S. stock futures rose, while one asset benefiting from higher yields is bitcoin, which briefly neared $80,000 early this morning. It hasn't closed at that level since mid-May.
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Bitcoin Heads for Best Week Since 2024 as Trump-Fueled Crypto Rally Rages On
It's been a stellar week for cryptos-and it's about more than just President Donald Trump calling for Congress to pass the Clarity Act.
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Canada Retail Sales Slip After Rising a Sixth Straight Month in June
The value of retail trade in the country rose 0.6% in June from the month before to a seasonally adjusted 74.28 billion Canadian dollars, the equivalent of about US$53.87 billion.
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Europe, Asia See Pickup in Activity Despite Headwinds
Surveys of purchasing managers recorded a pickup in activity in the eurozone, Japan and India during August, suggesting the global economy might avoid a further modest slowdown in the third quarter.
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Japan Inflation Picks Up as Rate-Boost Bets Firm
Japan's consumer inflation picked up last month, firming expectations that the next interest-rate hike is around the corner.
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U.S. to Boost Beef Imports to Address High Prices, Trump Says
The president said he would temporarily allow up to 300,000 metric tons of ground beef to be imported into the U.S. without paying higher tariffs.
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Bessent's 'Big Toolkit' Leaves Investors Guessing About Next Treasury Surprise
The Treasury Secretary surprised markets by buying back more long-term debt to lower yields.
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U.K. Government Borrowing Rose Despite Record Income Tax Revenue
The U.K. government borrowed more in July than a year earlier as an increase in spending more than offset record revenues from income taxes.
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Canada Trade Official Says Tariff Deal With U.S. 'Very Close'
Dominic LeBlanc, Canada's minister in charge of U.S. trade, said Ottawa and Washington are "very close" to finalizing an agreement.
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Trump Wants to Revive Keystone XL. The Industry Has a Different Plan.
A trio of proposed pipelines would serve the same function-delivering heavy oil from western Canada to Gulf Coast refineries-without the hot-button name.
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Private Credit's Next Big Thing Is $1 Trillion in British Pensions
A deal that includes Standard Life, CVC and Goldman Sachs is the latest to tap an increasingly popular source of investor cash.
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6 Big Takeaways From Retail's Big Week of Earnings
Walmart worries, tariff windfalls and tepid same-store sales results lead the way
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How Moderna's Historic Short Squeeze Upended the AI Chip Trade
Moderna stock surged following positive cancer-vaccine data, burning short sellers and spilling over into the semi sector.