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 Climb as EU Slashes Russian Crude Cap to $47.60 in Sweeping Sanctions
Crude oil prices rose Friday as the European Union finalized a new sanctions package targeting Russia's energy sector, including a steep cut to the Group of Seven's price cap on Russian crude. Brent futures climbed 73 cents, or 1.05%, to $70.25 per barrel, while U.S. West Texas Intermediate advanced 83 cents, or 1.23%, to $68.37. 
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Bitcoin Surges Past $122,000 as Congress Prepares Crypto-Friendly Legislation
Bitcoin soared above $122,000 on Monday, setting a new all-time high and cementing its position as 2025's best-performing asset, as U.S. lawmakers prepared to debate three major cryptocurrency bills that could alter the regulatory landscape for digital assets. 
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Bitcoin Surges to Record $118,872 as ETF Inflows Hit $1.18 Billion, Crypto Stocks Rally Ahead of Congressional Hearings
Bitcoin soared to an all-time high Friday, surpassing $118,000 as institutional investors poured money into crypto-linked exchange-traded funds ahead of a pivotal week for digital asset legislation on Capitol Hill. The flagship cryptocurrency climbed as high as $118,872.85 and was last trading up 3% at $117,297.10, according to Coin Metrics. Ether followed suit, rising nearly 6% to $2,976.90 after breaching the $3,000 mark for the first time since February. 
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Jamie Dimon Warns EU Is ‘Losing’ to U.S. and China, Flags Market Complacency on Tariffs and Rates
Jamie Dimon, CEO of JPMorgan Chase, delivered a stark warning to European policymakers and financial markets on Thursday, declaring that Europe is "losing" its competitive edge to both the United States and China while investors are increasingly ignoring economic red flags tied to trade, inflation, and monetary policy. 
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Oil Prices Rise 1.1% Despite OPEC+ Output Hike and U.S. Tariff Concerns
Oil prices edged higher Monday even after OPEC+ announced a larger-than-expected supply boost for August, with the physical market's tightness providing a cushion against the potentially bearish impact. Brent crude rose 1.1% to $69.05 per barrel by 10:20 a.m. ET, recovering from an earlier low of $67.22. U.S. West Texas Intermediate (WTI) crude climbed 0.78% to $67.52 after briefly falling to $65.40. 
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Oil Prices Dip as U.S. Crude Stockpile Surges and OPEC+ Eyes 411,000-Barrel Output Hike
Oil prices edged lower Thursday as markets weighed an unexpected U.S. crude inventory build, looming OPEC+ production increases, and uncertainty over President Donald Trump's tariff policy. Brent crude futures settled at $68.80 per barrel, down 31 cents or 0.45%, while U.S. West Texas Intermediate fell 45 cents, or 0.67%, to $67.00 in pre-holiday trading. -
Fed Proposes $223 Billion Capital Cut for Big Banks Amid Internal Dissent
The Federal Reserve on Wednesday advanced a proposal to ease capital requirements for the nation's largest banks, marking a significant regulatory shift that has sparked division among policymakers and reignited concerns over systemic financial risk. The move would lower the enhanced supplementary leverage ratio (eSLR), a post-crisis safeguard meant to ensure banks hold adequate capital to absorb losses. 
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Oil Prices Rebound 2% as U.S. Demand Surges, Middle East Tensions Simmer
Oil prices climbed nearly 2% Wednesday, rebounding from a steep early-week decline as U.S. inventory data pointed to robust fuel demand and markets weighed the stability of a tenuous ceasefire between Israel and Iran. Brent crude futures rose $1.22, or 1.8%, to $68.36 a barrel, while U.S. West Texas Intermediate gained $1.25, or 1.9%, to $65.62. 
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Oil Prices Plunge 8% After Iran Targets U.S. Base But Avoids Disrupting Oil Flow
Oil prices plunged 8% Monday after Iran retaliated against U.S. airstrikes with a missile attack on a U.S. base in Qatar that left global energy flows untouched. Markets interpreted the move as symbolic and restrained, easing fears of disruption to oil exports through the vital Strait of Hormuz and lifting U.S. stocks. 
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Oil Prices Fall Sharply as Trump Delays Decision on Iran Strike
Oil prices fell more than 3% Friday as President Donald Trump opted to delay a decision on direct U.S. involvement in the escalating Israel-Iran conflict, citing a potential window for diplomatic talks over Iran's nuclear program.
