U.S. Treasury Downplays Role of Crypto in Financing Palestinian Militant Groups
Finance
FinCEN Report Unveils Bitcoin's Role in Human Trafficking and Child Exploitation
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Gold Prices Plunge Below $2,000 as Stubborn Inflation Dashes Rate Cut Hopes
"Gold prices tumbled below the critical threshold of $2,000 per ounce, marking the lowest point in two months, as a U.S. inflation report that exceeded expectations dampened hopes for an imminent reduction in interest rates by the Federal Reserve. -
Dow Faces Sharp Decline Amid Hotter-Than-Expected Inflation Data
"The stock market experienced a significant downturn on Tuesday, with the Dow Jones Industrial Average plummeting over 500 points, marking one of its steepest declines since March 2023. This sell-off was spurred by unexpectedly high inflation data for January, which has cast doubts on the anticipated series of Federal Reserve rate cuts that many investors had been banking on to bolster the equity market.
The Latest
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Oil Prices Suffer Biggest Monthly Drop Since 2021 as Saudi Arabia Shifts Strategy and Recession Fears Mount
Crude oil prices are heading for their steepest monthly decline in over two years, as signs of economic contraction in major economies and a strategic shift by Saudi Arabia weigh heavily on market sentiment. West Texas Intermediate futures slid more than 3.5% on Wednesday to a session low of $58.20 a barrel, while international benchmark Brent crude also fell 3.5% to $60.93. 
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Trump’s $TRUMP Meme Coin Surges 50% After Dinner Offer to Top Holders
A cryptocurrency linked to President Donald Trump surged more than 50% in value Wednesday after its website announced an exclusive dinner with the former president for the top 220 holders of the $TRUMP meme coin. The coin's market capitalization jumped to $2.7 billion, according to CoinMarketCap, making it the day's top-performing digital asset. 
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Gold Prices Drop as Trump Softens on Fed and China Tariffs, Market Sentiment Shifts
Gold prices declined sharply Wednesday as U.S. President Donald Trump signaled a softer approach toward both the Federal Reserve and China trade relations, prompting a wave of profit-taking after bullion hit all-time highs earlier this week. 
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Gold Tops $3,500 as Trump’s Attacks on Fed Shake Investor Confidence
Gold prices surged to fresh record highs Tuesday, driven by mounting investor anxiety over U.S. political and economic instability following President Donald Trump's intensifying public assault on Federal Reserve Chair Jerome Powell. The precious metal climbed as high as $3,509.90 per ounce, extending a year-to-date rally that now exceeds 31%. 
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U.S. Stocks Plunge and Dollar Sinks to Three-Year Low as Trump Targets Fed Chair Powell Over Interest Rates
U.S. stocks plunged Monday and the dollar sank to its lowest level in over three years as investors reacted to President Donald Trump's escalating criticism of Federal Reserve Chair Jerome Powell and deepening concerns over trade policy. The Dow Jones Industrial Average fell 850 points, or 2.17%, while the S&P 500 dropped 2.26% and the Nasdaq Composite tumbled 2.67%. 
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Oil Prices Slide as U.S.-Iran Talks Ease Supply Fears, Tariff Tensions Weigh on Demand Outlook
Oil prices fell sharply on Monday as signs of progress in nuclear negotiations between the U.S. and Iran eased fears of tight global supply, while persistent concerns about U.S. tariffs and their impact on global economic growth pressured demand expectations. 
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China Holds Lending Rates Steady as Strong GDP Eases Pressure for Stimulus
China's central bank left key lending rates unchanged Monday, as stronger-than-expected economic data allowed policymakers to prioritize currency stability amid rising pressure from U.S. trade measures. The decision to keep the one-year loan prime rate at 3.1% and the five-year LPR at 3.6% matched forecasts from a Reuters poll of economists. 
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European Central Bank Slashes Rates for Third Time This Year, Citing Trade War Fallout
The European Central Bank on Thursday cut interest rates by 25 basis points to 2.25%, its seventh reduction in a year, as policymakers confront deepening economic uncertainty sparked by U.S. trade actions and fading post-pandemic inflation. The move comes as the eurozone grapples with slowing growth, a volatile investment environment, and the threat of a broader trade war with the United States. 
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Tech Stocks Rally After Tariff Reprieve, But Trump Signals More Semiconductor Levies Ahead
Global stock markets rallied Monday after President Donald Trump announced a temporary exemption on U.S. tariffs for electronics, including smartphones and computers, easing immediate concerns for technology firms and investors bracing for higher costs. The S&P 500 climbed 1.5% in early trading, with the Nasdaq Composite up 2% and the Dow Jones Industrial Average gaining 441 points, or 1.1%. 
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Binance Seeks End to Treasury Monitorship While Courting Trump Crypto Venture
Binance executives met with U.S. Treasury officials last month to push for the removal or reduction of federal oversight, while also exploring a potential partnership with former President Donald Trump's cryptocurrency venture, according to a report by The Wall Street Journal citing sources familiar with the discussions. 
