US stocks fell on Monday after the Department of Justice opened a criminal investigation into Federal Reserve Chair Jerome Powell, marking a sharp escalation in President Donald Trump’s long-running effort to pressure the central bank. The Dow Jones Industrial Average fell 388 points, or 0.8%. The S&P 500 slipped 0.3%, while the Nasdaq Composite also
US stocks were little changed on Tuesday as investors digested a slightly cooler inflation report and weighed the first wave of fourth-quarter corporate earnings. The S&P 500 edged up 0.1%, while the Dow Jones Industrial Average slipped by 35 points. The Nasdaq Composite hovered around the flatline, reflecting a cautious tone across equity markets. Tuesday’s
The cryptocurrency market’s performance has improved over the past few hours as Bitcoin, Ether, and other leading cryptos are in the green. Monero’s XRM is leading the way in terms of performance as it hit a new all-time high of $688 an hour ago, adding 17% to its value in the last 24 hours. Ether
Cardano (ADA) failed to overcome the $0.40 psychological level on Monday and has now declined to $0.39. This performance comes as the broader market rally stalls, with Bitcoin still stuck around $92k. Currently, the market metrics show mixed signals. Whale accumulation and rising long bets suggest retail demand, but the negative funding rates and declining
Global central bank leaders have issued a rare, coordinated show of support for US Federal Reserve Chair Jerome Powell. This comes after federal prosecutors opened a criminal investigation linked to the $2.5 billion renovation of the Fed’s headquarters in Washington, DC, and Powell’s related testimony to Congress. In a joint statement released on Tuesday, central
The Nasdaq 100 Index and its top exchange-traded funds (ETFs) like the QQQ and JEPQ are stuck in a tight range this week as investors wait for key corporate and macro news from the United States. The index was trading at $25,787, a few points below the all-time high of $26,787. This article explores some
Several major corporations have announced fresh rounds of job cuts, signalling that the wave of layoffs seen through 2025 has carried into 2026. Financial institutions and technology groups are trimming headcount as they seek to control costs, restructure operations, and redirect investment toward priority areas such as artificial intelligence and alternative assets. Citigroup accelerates multi-year
Plug Power stock price has stabilized in the past few weeks, ending the recent plunge that pushed it from last year’s high of $4.57 in October to a low of $1.70 in November. It was trading at $2.28, up by 35% from its lowest point in November. This article explores why the stock may crash
Amid geopolitical concerns stemming from escalating anti-government protests in Iran, oil prices continued their upward trend, marking a fourth consecutive session of gains during Asian trading on Tuesday due to fears of potential supply disruptions. Widespread anti-government demonstrations, marked by significant violence and reported heavy casualties due to a security force crackdown, are currently impacting
JPMorgan Chase has kicked off the latest US earnings season with an unexpected stumble in one of Wall Street’s biggest revenue lines. The bank’s investment-banking fees fell in the fourth quarter, even after it had signalled last month that the business was set for a small gain. The results still showed strength elsewhere, including stronger-than-expected