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Cryptocurrencies
Viral DeFi Altcoin Under $0.05 Flips Bitcoin (BTC) and Ripple (XRP) as the Top Altcoin to Watch in 2025
In a shocking twist, a viral DeFi altcoin priced under $0.05 has quickly surged in popularity, outpacing the likes of Bitcoin (BTC) and Ripple (XRP) as the top altcoin to watch in 2025. While Bitcoin, currently valued at $76,000, and Ripple (XRP), priced at $1.7, have long dominated the crypto market, this emerging player is […]Cryptopolitan
Wed, Apr 9
Forex
COLUMN-Creaking US bond market signals danger still lurks: McGeever
By Jamie McGeeverORLANDO, Florida, April 9 (Reuters) - Global markets are breathing a huge sigh of relief following U.S. president Donald Trump's surprise announcement of a 90-day hiatus in much of his tariff agenda, but it would be premature to think the dangers posed by the U.S. bond market dy...Reuters
Wed, Apr 9
Stocks
1 "Magnificent Seven" Stock to Buy Hand Over Fist in the Nasdaq Bear Market
As of market close on April 7, the Nasdaq Composite has fallen by 19% so far this year, falling further into bear market territory.Among the worst-hit Nasdaq stocks so far in 2025 are the "Magnificent Seven," each of which has posted negative returns on the year. During volatile times like these, it...The Motley Fool
Wed, Apr 9
Other
FOCUS-Wall Street bosses fear anti-American backlash as Trump's trade war intensifies
Bankers on edge as global policymakers plot responsesJPMorgan has missed out on a couple of deals, Dimon saysFormal restrictions against Wall Street could be costly for EU By Lananh Nguyen, Sinead Cruise NEW YORK/LONDON, April 9 (Reuters) - Wall Street bosses are girding for Europe to sideline Am...Reuters
Wed, Apr 9
Other
Social Security abandons phone service cuts after backlash
Telephone cuts would have led to more people having to visit officesAdvocates warned the planned cuts could overwhelm the SSASSA gives no reason for abrupt reversal By Nathan Layne April 9 (Reuters) - The U.S. Social Security Administration abandoned plans to end phone services for retirees that ...Reuters
Wed, Apr 9
Other
Deals of the day-Mergers and acquisitions
April 9 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1930 GMT on Wednesday:** Investment firm Ancora Holdings on Wednesday walked away from a bitter board room fight with U.S. Steel X.N, days after President Donald Trump signalled the iconic American company m...Reuters
Wed, Apr 9
Other
Higginbotham acquires Georgia's Tidwell & Hilburn
By Isha MaratheApril 9 - (The Insurer) - Texas-based insurance, financial and HR services firm Higginbotham has acquired Tidwell & Hilburn Insurance in Macon, Georgia, expanding to its 11th office in the state.The financial terms of the deal were not disclosed. Tidwell & Hilburn's roots...Reuters
Wed, Apr 9
Other
US corporate bond market dries up on Trump tariff volatility
U.S. corporate bond market quiets on tariff war, Treasury market volatilityBond spreads widen most in week after tariffs since first week of March 2023 regional bank stressFive to six companies stay on sidelines after volatility, syndicate banker saysBy Matt Tracy April 9 (Reuters) - U.S. corpora...Reuters
Wed, Apr 9
Stocks
1 No-Brainer S&P 500 Vanguard ETF to Buy Right Now for Less Than $500
The S&P 500 has been in turmoil recently due to fears about President Donald Trump's steep tariffs. Some economists are growing increasingly concerned that the tariffs will cause the U.S. to slide into a recession, with J.P. Morgan recently raising the probability of one to 60% for this year. Compan...The Motley Fool
Wed, Apr 9
Commodities
SOFTS-Cocoa rises sharply, sugar down before US tariff reversal
NEW YORK, April 9 (Reuters) - Cocoa prices rose sharply on ICE on Wednesday, with dealers citing a technical recovery amid oversold signals after the market hit its lowest levels in five months earlier in the session.Coffee prices ended little changed after earlier hitting multi-month lows as well, ...Reuters
Wed, Apr 9
Other
Germany's Merz unveils coalition deal to spur growth, tackle migration
Conservative leader set to become chancellor after winning February electionParty leaders unveil coalition deal between conservatives, Social Democrats Agreement promises tax cuts, tougher stance on migrationMerz tells Trump that Germany is 'back on track'Surging far-right AfD tops opinion p...Reuters
Wed, Apr 9
Other
Liberty Mutual CEO Sweeney succeeds Long as chairman
By Chris MunroApril 9 - (The Insurer) - Liberty Mutual veteran David Long’s four-decade association with the company has come to an end after the business announced current president and CEO Timothy Sweeney has succeeded him as chairman.In a statement, Boston, Massachusetts-based Liberty Mutual said...Reuters
Wed, Apr 9
Other
EXCLUSIVE-Italy targets ION in latest Big Tech tax evasion probe, sources say
U.S. tech firms targeted by a series of probes in ItalyGoogle this year paid to settle case, Amazon under investigationProsecutors allege ION produced in Italy income declared abroadION lawyers challenge claims in talks with Italy tax authoritiesBy Valentina Za and Emilio Parodi ROME, April 9 (Re...Reuters
Wed, Apr 9
Other
Leading appeals lawyer leaves Jones Day for US Justice Dept post
By Mike Scarcella April 9 (Reuters) - Longtime Washington appellate lawyer Hashim Mooppan has left law firm Jones Day for a post at the U.S. Justice Department, where he also held senior roles during Republican U.S. President Donald Trump's first administration.Mooppan in Trump's firs...Reuters
Wed, Apr 9
Cryptocurrencies
Bitcoin surges by 8%, Tesla gains 20% as Trump pauses key tariffs
Bitcoin jumped by more than 8% on Wednesday afternoon after President Donald Trump posted on Truth Social that he had authorized a 90-day pause on key trade tariffs. This pushed the price of Bitcoin up to $82,350.37, according to CoinGecko. Earlier in the day, the price had dropped as low as $74,567.02 when the 10-year […]Cryptopolitan
Wed, Apr 9
Stocks
CORRECTED-GLOBAL MARKETS-Stocks spring higher, dollar gains as Trump announces tariff pause excluding China
US Treasury yields pare gains after auctionTrump tariff announcement drives stocks sharply higherDollar up vs yen and other currenciesBy Caroline Valetkevitch NEW YORK, April 9 (Reuters) - Major stock indexes shot higher on Wednesday, with the Nasdaq last up about 10%, after U.S. President Donald...Reuters
Wed, Apr 9
Forex
CANADA FX DEBT-Canadian dollar posts biggest gain in three months on tariff pause
Canadian dollar gains 1.2% against the greenbackPosts biggest advance since January 20Price of U.S. oil settles 4.65% higherTwo-year yield touches a six-week highBy Fergal Smith TORONTO, April 9 (Reuters) - The commodity-linked Canadian dollar strengthened by the most in nearly three months again...Reuters
Wed, Apr 9
Stocks
CORRECTED-GLOBAL MARKETS-S&P 500 up 6%, dollar gains as Trump announces tariff pause excluding China
US Treasury yields pare gains after auctionTrump announcement drives stocks sharply higherBy Caroline ValetkevitchNEW YORK, April 9 (Reuters) - Major stock indexes shot higher on Wednesday, with the S&P 500 last up more than 6%, after U.S. President Donald Trump said he had authorized a 90-day p...Reuters
Wed, Apr 9
Other
Fed minutes show some officials favored steady balance sheet drawdown
Fed minutes reflect some opposition to downshift in balance sheet planMinutes show more on how Fed evaluating market liquidityFed continues to wrestle with market liquidity amid debt ceiling issuesBy Michael S. Derby April 9 (Reuters) - The Federal Reserve’s decision to dramatically decelerat...Reuters
Wed, Apr 9
