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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Bitcoin Plunges Below $110,000 as Trump–Xi Truce and Fed Rate Cut Trigger Market Selloff
Bitcoin's record-breaking run came to an abrupt halt this week as global policy moves sent shockwaves through digital asset markets. The cryptocurrency plunged below $110,000 following the trade truce between U.S. President Donald Trump and Chinese President Xi Jinping, coupled with a Federal Reserve rate cut that spurred investors to shift toward traditional assets. 
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Federal Reserve Cuts Rates Again, Ends Balance Sheet Reduction Amid Data Blackout
The Federal Reserve lowered its benchmark interest rate for the second time this year on Wednesday, voting 10-2 to cut the federal funds rate to a range of 3.75% to 4%, even as the government shutdown limits access to key economic data. The move underscores the central bank's growing concern about slowing job growth, persistent inflation, and tightening liquidity in financial markets. 
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Rare Earth Stocks Drop as U.S. Predicts China Will Delay Export Controls Amid Trade Talks
Shares of major U.S.-listed rare earth miners fell sharply Monday after officials in Washington said they expect Beijing to delay implementing export controls on critical minerals as part of ongoing trade negotiations between China and the United States. 
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Gold Rebounds After Sharp Selloff; JP Morgan Predicts Record $6,000 by 2028
Gold prices rebounded Thursday after a steep two-day decline, as investors sought safety amid persistent global uncertainty and growing expectations of Federal Reserve rate cuts. Analysts at JP Morgan reaffirmed their bullish long-term outlook, forecasting the metal to average $5,055 per ounce by the fourth quarter of 2026 and potentially climb to $6,000 by 2028. 
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Oil Surges Nearly 5% as U.S. and EU Hit Russia’s Energy Sector, Markets Brace for Supply Shock
Oil prices surged nearly 5% on Thursday after President Donald Trump announced sweeping new sanctions on Russia's largest oil producers, Rosneft and Lukoil, a move that immediately rattled energy markets and lifted global stock indices tied to the sector. 
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Japan’s New PM Sanae Takaichi Plans 14 Trillion Yen Stimulus to Tackle Inflation, Boost AI and Defense
Japan's new Prime Minister Sanae Takaichi is preparing an economic stimulus package exceeding 13.9 trillion yen ($92 billion) in her first major policy initiative since taking office this week, according to government sources familiar with the plan. The package, aimed at easing inflation pressures on households and revitalizing strategic sectors, could be unveiled as early as next month. 
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Gold Slides 8% From Record High as Traders Unwind Bets; Oil Rises on Geopolitical Jitters
Gold prices extended their decline Wednesday, erasing much of the year's record-breaking rally as investors rushed to lock in profits and analysts warned that speculative trading had reached unsustainable levels. 
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Oil Prices Rise as India Considers Halting Russian Imports Under Trump Pressure
Oil prices rose Thursday as traders weighed the prospect of India curbing imports of Russian crude following U.S. President Donald Trump's claim that Prime Minister Narendra Modi had pledged to end purchases from Moscow. Brent crude climbed 54 cents, or 0.87%, to $62.45 a barrel, while U.S. West Texas Intermediate gained 56 cents, or 0.96%, to $58.83 by 11:35 a.m. GMT. 
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DOJ Seizes $15 Billion in Bitcoin as U.S. and U.K. Sanction Cambodia-Based ‘Pig Butchering’ Crime Network
The U.S. Department of Justice has seized about $15 billion in bitcoin linked to an alleged global fraud and human trafficking network based in Cambodia, marking the largest cryptocurrency forfeiture in its history. The operation targeted a sprawling "pig butchering" scam - an industry-scale investment fraud ring that U.S. prosecutors say was run by Chinese-born businessman Chen Zhi through his conglomerate, Prince Holding Group. 
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JPMorgan CEO Jamie Dimon Warns of 30% Chance of U.S. Stock Market Correction
Jamie Dimon, the chairman and chief executive officer of JPMorgan Chase, warned that the U.S. stock market faces a heightened risk of a significant correction, saying he is "far more worried than others" about the possibility of a downturn in the next six months to two years. 
