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America’s risky corporate borrowers have been shut out of the bond market since Donald Trump’s tariff blitz, in a freeze that is reverberating across Wall Street and which threatens a tentative rebound in dealmaking. Lowly-rated companies have failed to sell any debt in the $1.4tn US high-yield bond market since Trump unleashed market turmoil and … Read more
Stay informed with free updates Simply sign up to the Pensions industry myFT Digest — delivered directly to your inbox. Dutch pension funds are set to plough tens of billions of euros into risky assets in Europe, as their move to a system without fixed benefits supports the continent’s efforts to attract investment and bolster … Read more
In a surprise move, GameStop (GME) has announced that it will add Bitcoin to its treasury reserve assets alongside reporting a sharp rise in quarterly profit. The company’s shares have jumped 14% in premarket trading on this news. GameStop’s decision to invest in Bitcoin is a bold one, especially considering the volatility of cryptocurrencies. However, … Read more
Sonic token has crashed into a bear market even as its decentralized finance ecosystem surges to a record high. Sonic (S) price was trading at 50 cents on Saturday, down by about 50% from its all-time high. This drop has led to a big drop in its market cap from $2.8 billion in February to … Read more
Popular cryptocurrencies like Bitcoin, Ethereum, and Ripple have formed different risky patterns ahead of the closely-watched triple-witching event. Bitcoin (BTC) price has slipped to $83,580 from the weekly high of $87,158, while Ethereum (ETH) has dropped below $2,000. Ripple (XRP) has fallen from this week’s high of $2.59 to $2.35. A likely reason for this … Read more
California Gov. Gavin Newsom holds a fireside chat with Stephen Cheung, the President and Chief Executive Officer of the Los Angeles County Economic Development Corporation (LAEDC) and its subsidiary, the World Trade Center Los Angeles (WTCLA) at the 2025 Economic Forecast and Industry Outlook convening on Wednesday, Feb. 26, 2025, at the East LA College … Read more
It turns out tariffs are good news for goldbugs. As trade policy uncertainty and recession fears rattle markets, surging demand for safe-haven assets helped briefly drive the precious metal’s spot price above the milestone $3,000 mark for the first time on Friday, though it declined later in the day. A historic buying spree of bullion … Read more
Dogecoin price has crashed in the past few months, and this trend may continue as the rare death cross pattern nears. Dogecoin (DOGE) token retreated to a low of $0.019 on Sunday, its lowest level since November 7 last year. It has plunged by over 60% from its highest level in November. Dogecoin’s crash has … Read more
Meta CEO Mark Zuckerberg has pledged to make artificial general intelligence (AGI) — which is roughly defined as AI that can accomplish any task a human can — openly available one day. But in a new policy document, Meta suggests that there are certain scenarios in which it may not release a highly capable AI … Read more
Shiba Inu price remained under pressure as it continued to underperform other popular meme coins. Shiba Inu (SHIB) dropped to the key support level at $0.000020, its lowest level since December 20. There is a risk that the SHIB coin will have a strong bearish breakdown soon as it forms numerous risky chart patterns. Shiba … Read more
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