News
Important Only
Economic Indicator
Bostic: Fed independence means making decisions with a long-term horizon
WASHINGTON, Feb 5 (Reuters) - Federal Reserve independence hinges on the central bank's ability to think about issues with a longer term horizon than the shorter election cycles that can shape the thinking of elected officials, outgoing Atlanta Fed president Raphael Bostic said on Thursday."...Reuters
Thu, Feb 5
Commodities
US to auction drilling rights for Alaska reserve on March 9
Feb 5 (Reuters) - The Trump administration on Thursday said it would hold a sale of oil and gas drilling rights across 5.5 million acres of Alaska's National Petroleum Reserve on March 9. WHY IT'S IMPORTANTThe sale is the first of at least five mandated by President Donald Trump's On...Reuters
Thu, Feb 5
Other
Trump defends Noem, Gabbard and Bondi at National Prayer Breakfast
Trump pushes law-and-order themes, praises US military mightRejects calls to fire Noem over Minneapolis killingsSays he is unsure if he is 'pure in heart'By Nandita Bose and Steve HollandWASHINGTON, Feb 5 (Reuters) - President Donald Trump defended three members of his cabinet whose actions ...Reuters
Thu, Feb 5
Economic Indicator
ECB keeps rates unchanged, signal comfort with dollar weakness
Dollar moves already incorporated in baseline, says LagardeKeeps guidance for meeting-by-meeting, data-dependent approachInvestors betting on steady interest rates all yearEconomic growth healthy, inflation seen at target in medium termBy Balazs Koranyi and Francesco Canepa FRANKFURT, Feb 5 (Reut...Reuters
Thu, Feb 5
Other
Elton John's husband accuses Daily Mail of homophobia in UK privacy trial
Furnish says publisher unlawfully obtained informationAssociated says its stories were based on sourcesPrince Harry, Doreen Lawrence among other claimantsBy Sam Tobin LONDON, Feb 5 (Reuters) - British singer Elton John's husband, David Furnish, on Thursday told London's High Court that th...Reuters
Thu, Feb 5
Cryptocurrencies
Russian analysts predict Bitcoin bottom near $60,000
Bitcoin will reach the bottom of the current downturn in the coming weeks, somewhere in the range between $60,000 and $65,000, Russian market watchers say. Dropping below the $70,000 mark, the leading cryptocurrency hit a low unseen in well over a year, losing more than 40% of its value since the latest all-time high above […]Cryptopolitan
Thu, Feb 5
Other
World Economic Forum investigates its CEO over Epstein links
ZURICH, Feb 5 (Reuters) - The World Economic Forum has launched an independent investigation into its CEO Borge Brende to clarify his relationship with sex offender Jeffrey Epstein, the organisation said on Thursday.The Geneva-based organiser of the Davos summit said it was looking into disclosures ...Reuters
Thu, Feb 5
Other
Cuba to roll out rationing plan as U.S. moves to block fuel supply
HAVANA, Feb 5 (Reuters) - Cuban president Miguel Diaz-Canel said on Thursday that his government would roll out a multi-sector contingency plan in the next week to confront fuel shortages as U.S. pressure grows to block the supply of oil to the Caribbean island nation."(The U.S. blockade) affect...Reuters
Thu, Feb 5
Other
Trump administration to end job protections for up to 50,000 federal workers
Trump administration makes biggest change to civil service rules in more than a century Federal worker unions and allies plan to challenge the new policy in courtBy Courtney Rozen WASHINGTON, Feb 5 (Reuters) - U.S. President Donald Trump will have more power to hire and fire up to 50,000 career f...Reuters
Thu, Feb 5
Other
Treasury's Bessent defers to DOJ on Trump's lawsuit against IRS
WASHINGTON, Feb 5 (Reuters) - U.S. Treasury Secretary Scott Bessent on Thursday said any settlement of President Donald Trump's $10 billion lawsuit against Treasury and the Internal Revenue Service would come from the Treasury general account.Bessent said he had not spoken with the president or ...Reuters
Thu, Feb 5
Stocks
Why SSR Mining Stock Keeps Falling
Key PointsGold and especially silver prices are tumbling.They're still both a lot higher than last year -- and that's probably good for SSR Mining profits.10 stocks we like better than SSR Mining › Owning SSR Mining (NASDAQ: SSRM) stock hasn't been a lot of fun this past week.Shares of the gold mine...The Motley Fool
Thu, Feb 5
Other
Bayer says its experimental blood thinner cuts risk of stroke recurrence by 26%
FRANKFURT, Feb 5 (Reuters) - Bayer BAYGn.DE said on Thursday its experimental blood thinner cut the risk of stroke recurrence by 26% in a late-stage trial, in a fresh boost for CEO Bill Anderson's turnaround efforts.The German group said the read-out came from a Phase III study comparing a combi...Reuters
Thu, Feb 5
Cryptocurrencies
Tether Invests $100M In Anchorage Digital While HYPER Gains Momentum
Quick Facts: ➡️ Tether’s $100M investment in Anchorage Digital signals a major shift toward regulated, US-centric stablecoin infrastructure via the new $USAT token. ➡️ The deal highlights the institutional demand for compliant custody solutions, bridging the gap between traditional finance and...Bitcoinist
Thu, Feb 5
