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Cryptocurrencies
Did A Massive Bitcoin And Ethereum Sell-Off By Binance Trigger The Market Crash? Crypto Exchange Responds
There have been recent concerns within the crypto community regarding Binance’s recent activities after a claim surfaced that the exchange had been offloading large amounts of Bitcoin and Ethereum. The Binance selloff trend was first noted on social media platform X by a market participant kno...NewsBTC
Wed, Feb 12
Cryptocurrencies
Each of These 3 Penny Cryptos Have More Potential Than Dogecoin (DOGE) and Shiba Inu (SHIB) Combined in 2025
As we look toward 2025, five penny cryptos—Lightchain AI, VeChain (VET), and XDC Network(XDC)—are gaining attention for their potential to outperform Dogecoin (DOGE) and Shiba Inu (SHIB) combined. Lightchain AI, in particular, is generating significant buzz due to its blockchain and AI integration. The Lightchain AI Presale has already raised over $15.3 million at a […]Cryptopolitan
Wed, Feb 12
Economic Indicator
U.S. posts $129 billion January deficit on calendar shifts, higher outlays
WASHINGTON, Feb 12 (Reuters) - The federal government posted a $129 billion budget deficit for January, up sharply from an unusually low $22 billion deficit in January 2024 due to calendar shifts in benefit payments as well as outlays for Social Security, Medicare, interest and other items that grew...Reuters
Wed, Feb 12
Stocks
US fourth-quarter 2024 earnings growth set to be highest in three years
By Caroline ValetkevitchNEW YORK, Feb 12 (Reuters) - S&P 500 earnings growth for the fourth quarter of 2024 is on track to be the highest since the end of 2021, according to LSEG, thanks to much stronger-than-expected results in communication services, financials and other sectors.With reports i...Reuters
Wed, Feb 12
Stocks
BUZZ-NKGen jumps on FDA's 'fast track' designation for Alzheimer's drug
** Drug developer NKGen Biotech's shares NKGN.O surge 26% to 47 cents ** Company says U.S. FDA has granted "fast track" designation for its experimental drug, troculeucel, for the treatment of moderate Alzheimer's disease, a neurodegenerative disorder that causes cognitive impairmen...Reuters
Wed, Feb 12
Other
Not aware of any preconditions for Trump, Putin visits, White House says
WASHINGTON, Feb 12 (Reuters) - White House spokeswoman Karoline Leavitt said on Wednesday that she was not aware of any preconditions for U.S. President Donald Trump and Russian President Vladimir Putin to visit each other's nations."Not that I'm aware of. That doesn't mean they don&...Reuters
Wed, Feb 12
Other
NIH principal deputy director resigned on Tuesday, New York Times reports
Feb 12 (Reuters) - The National Institute of Health's principal deputy director, Dr. Lawrence A. Tabak, resigned and retired from government service on Tuesday, The New York Times reported on Wednesday.Citing a letter to colleagues, the newspaper added that Tabak did not give a reason for his de...Reuters
Wed, Feb 12
Commodities
EU determined to protect steel and aluminium sector, Poland says
Feb 12 (Reuters) - EU member states are determined to protect the European steel and aluminium sector against possible market destabilisation, and remain open to negotiations with the U.S. on tariffs, Poland's trade minister said after a video conference with EU colleagues on Wednesday. "We ...Reuters
Wed, Feb 12
Other
White House says an American being released from Belarus
WASHINGTON, Feb 12 (Reuters) - One American and two individuals are being released from Belarus, White House press secretary Karoline Leavitt said on Wednesday.The release comes after American schoolteacher Marc Fogel was freed by Russia after three and a half years in prison.Reuters
Wed, Feb 12
Other
Sustainable Finance Newsletter-NYC Comptroller urges US CEOs: Do not obey Trump in advance
By Ross Kerber Feb 12 (Reuters) - The new administration of U.S. President Donald Trump is pressing financial firms on various fronts to back away from their consideration of environmental and social matters, coverage of which I rounded up this week.Some of my reporting turned into an interview w...Reuters
Wed, Feb 12
Commodities
Cuts to USAID halt US farm research at universities, sources say
Lab closures affect seed, equipment tech, and market developmentStop-work orders issued after Trump froze foreign aid, affecting 17 labsBy Leah Douglas, P.J. Huffstutter and Tom Polansek Feb 12 (Reuters) - The Trump administration's dismantling of the U.S. Agency for International Development...Reuters
Wed, Feb 12
Other
BRIEF-Essilorluxottica CEO says production capacity for Ray-Ban Meta to reach 10 mln units
Feb 12 (Reuters) - EssilorLuxottica SA ESLX.PA, CEO Francesco Milleri in post-results conference call with analysts:ESSILORLUXOTTICA CEO SAYS PRODUCTION CAPACITY FOR RAY-BAN META SET TO REACH 10 MILLION UNITS ANNUALLY BY THE END OF NEXT YEARFurther company coverage: ESLX.PAReuters
Wed, Feb 12
Commodities
Buyers of Mexican crude complain of salt and water content, Pemex CEO says
Recasts with problems of salt and water content in Mexican crudeBy Ana Isabel Martinez MEXICO CITY, Feb 12 (Reuters) - Mexico, an important supplier of crude oil to U.S. refineries, has received complaints from buyers over the salt and water content of its crude over the past month, the CEO of st...Reuters
Wed, Feb 12
Stocks
ANALYSIS-Hotter January inflation jolts markets, dimming rate cut hopes
Heating economy clouds Fed outlookTemporary factors may have pushed January inflation higherBut some investors worry next Fed move may be a rate hikeTrump's tariffs exacerbate inflation rebound fearsBy Davide Barbuscia and Saqib Iqbal Ahmed NEW YORK, Feb 12 (Reuters) - Surprisingly strong U.S...Reuters
Wed, Feb 12
Cryptocurrencies
LIVE MARKETS-US stocks steady a little while Powell talks
Dow off ~0.4%, S&P 500 off ~0.3%, Nasdaq edges upEnergy weakest S&P 500 sector; Cons Disc leads gainersDollar edges red; crude off ~2.5%; gold, bitcoin up slightlyU.S. 10-Year Treasury yield jumps to ~4.63%Welcome to the home for real-time coverage of markets brought to you by Reuters report...Reuters
Wed, Feb 12
Cryptocurrencies
Trump exchanged crypto laundering Russian prisoner for American teacher Marc Fogel
President Donald Trump authorized a high-stakes prisoner swap, exchanging Russian cybercriminal Alexander Vinnik for American teacher Marc Fogel, according to a report from The Post on Wednesday. The deal, finalized in the past few days, secured Fogel’s release after more than three years in a Russian prison while Vinnik, who laundered $9 billion in crypto, […]Cryptopolitan
Wed, Feb 12
