"In a recent disclosure by the U.S. Treasury Department, officials have minimized the significance of cryptocurrencies in the financial operations of Palestinian militant factions Hamas and the Palestinian Islamic Jihad (PIJ), challenging prevailing narratives about digital assets' role in global terrorism financing.
A recent report from the U.S. Treasury's Financial Crimes Enforcement Network (FinCEN) highlights a concerning trend in the realm of digital finance, specifically pointing to Bitcoin as the predominant currency in transactions related to human trafficking and online child sexual exploitation (OCSE).
"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.
"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 Federal Reserve lowered interest rates by a quarter percentage point Wednesday and signaled two additional cuts before year-end, seeking to shore up a slowing labor market even as inflation remains elevated.
Mortgage refinance demand surged last week as U.S. interest rates fell to their lowest level since late 2022, sparking a rush among homeowners to lock in savings ahead of an anticipated Federal Reserve rate cut.
Gold prices climbed to fresh records Tuesday, lifted by expectations that the Federal Reserve will cut interest rates this week and by a wave of investor demand seeking safety from economic and geopolitical turmoil.
Gold surged to a fresh record high Monday as a weakening U.S. dollar, falling Treasury yields and heightened expectations for a Federal Reserve rate cut fueled investor demand for the precious metal, underscoring a broad shift toward safe-haven assets amid global economic uncertainty.
The European Central Bank kept interest rates unchanged at 2% on Thursday, signaling a cautious approach as the eurozone economy struggles to gain momentum and uncertainty grows over the fallout from U.S. President Donald Trump's sweeping tariffs.
Gold prices hit another record Wednesday, extending a months-long rally driven by expectations of Federal Reserve rate cuts, mounting concerns about U.S. central bank independence, and weakening confidence in the dollar's global dominance.
China's largest state-owned banks are warning of continued profit pressure in the second half of 2025 after reporting record-low margins and mixed earnings, underscoring how slowing loan demand, deflation risks and property sector woes are straining the financial system.
Bullish (BLSH) surged in its Nasdaq debut on Wednesday, capping its first trading day with an 83.8% gain from its initial public offering price and lifting the cryptocurrency exchange operator's market capitalization above $10 billion, according to Reuters. Shares closed at $68, then climbed another 11.2% in after-hours trading.
Gold prices tumbled Monday as investors awaited clarity from the White House on potential bullion tariffs, erasing gains from last week's rally and rattling precious metals markets.
Gold futures surged to a record high Friday after reports that the United States had imposed tariffs on imports of 1-kilogram bullion bars, a move that struck at Switzerland's dominant refining industry and widened the gap between U.S. futures and spot prices.