The forward-thinking investor’s latest fund would track the movements of Bitcoin—if the SEC allows it. Read More
Tag: Federal Reserve
Will the Fed embrace a de facto digital dollar?
Fidelity-backed Circle aims to win converts to its dollar-backed USD Coin, including the Fed. Read More
Stocks flatline ahead of today’s momentous Fed meeting
To taper or not—U.S. futures are flat ahead of today’s big Fed decision. Read More
Fed glitch shuts down wire transfers, direct deposits, other services
Enlarge / The Federal Reserve Building in Washington, DC. (credit: Rudy Sulgan / Getty Images) Federal Reserve electronic systems that enable US banks to send each other electronic payments experienced a massive outage on Wednesday afternoon. A Fed statement attributed the outage to an “operational error” but didn’t provide much more detail. The Federal Reserve […]
As Treasury yields hit near 10-month highs, what it means for investors
Treasury yields are on a tear. The 10-year Treasury yield touched 1.18% on Tuesday, continuing its strong start to 2021 and hitting its highest levels since late March last year. However yields closed flat following ample demand in a $38 billion auction of new 10-year notes midday. “The move has been a pretty decent move […]
Who’s Lael Brainard? Things to learn about Biden’s probably choice for Treasury Secretary
President-elect Biden is beginning to construct his cupboard, and Democrats will be angling to affect that he will select for the rankings. One major candidate for this high profile Treasury Secretary slot would be Lael Brainard, also a part of the Federal Reserve’s Board of Governors. A former under secretary to the Department of the […]
Investors are in a bullish mood as Americans head to the polls
This is the web version of the Bull Sheet, Fortune’s no-BS daily newsletter on the markets. Sign up to receive it in your inbox here. Good morning, Bull Sheeters. It’s a risk-on Election Day. The markets and U.S. futures are gaining as Americans queue up to vote— and then, of course, the big wait begins. Usually, […]
Stocks crude down as investors brace for a volatile week
Here is the internet edition of this Bull Sheet,” Fortune’s no-BS daily newsletter about the markets. Subscribe to get it from your inbox . Great morning. International stocks and U.S. stocks are rebounding before a busy week in the polls and about the corporate rings calendar. A thick gloom still hangs on the petroleum markets […]
Not Big Tech can Rescue investors from the Most Recent markets Dive
Superior morning. It’s risk-off day using a capital R. European bourses are getting their worst day as May because COVID instances hit new records and fresh closures and curfews have been in the works. The U.S. futures also are sinking. Microsoft’s muted prognosis yesterday is weighing {} futureswith a single notable investor warning that we […]
Stocks, futures Slide as a surge of’beats’ Neglect to Raise the COVID gloom
That is the internet edition of this Bull Sheet,” Fortune’s no-BS daily newsletter about the markets. Subscribe to get it from your inbox . Superior morning. International stocks and U.S. stocks are sliding all early as COVID concerns spook traders. Everything else appears to be secondary, such as a heap of earnings beats which traders […]