Trump Administration Axes Warning on Crypto in 401(k)s 50 minutes ago The Department of Labor threw Biden-era crypto caution to the wind Wednesday, rescinding guidance that had called for employers to use “extreme caution” when including cryptocurrency-based options in retirement plans. The department said Wednesday it was withdrawing the guidance established in 2022 discouraging fiduciaries
Celebrating the top Seed stage investors in 2025 who made early bets on the startups driving today’s AI revolution. The Midas Seed List is back for its fourth year, spotlighting the early-stage investors who helped fund household startup names from their infancy. This year’s standouts reflect a market pivoting from consumer and enterprise wins to
A bear market is coming back just in time for summer, according to David Bianco, the chief investment officer of DWS Group Americas. While the S&P 500 has recovered from its earlier dip on news of trade talks with China and the EU, another steep pullback is in the cards, as Bianco sees a case
CHINA is on the cusp of its biggest move yet to open up its vast commodities markets, after the Shanghai Futures Exchange (SHFE) unveiled an internationalisation plan to streamline access for overseas investors. The country’s biggest raw materials bourse is soliciting views on a proposal to let participants post foreign exchange as collateral for yuan-denominated
00:00 Speaker A If I’m an Nvidia investor, I’m listening to this Patrick. There are some bulls on the street, I know, who actually get more excited about the second half. And I’m curious what you think about that, and among the reasons for the excitement, they talk about it, as you suggested, there may
Bond yields were down Tuesday, but over the last few months they’ve been rising. Bond investors have been demanding higher yields, because they’re concerned about the GOP’s plan to cut taxes without making any meaningful spending cuts. That will force the government to issue a whole lot of new bonds in the future, which will
US stocks surged to kick off the shortened trading week, fueled by the latest tariff developments and lower bond yields, with traders also eyeing a midweek earnings report from a key mega-cap tech name. Major indexes rose at the open, with the Dow Jones Industrial Average climbing more than 500 points. The S&P 500 and
From Left: Mar Hershenson, Hemant Taneja, Larry Li Cody Pickens for Forbes New York, NY – May 27, 2025 – Forbes today unveiled the 2025 Midas List, the definitive ranking of the top 100 venture capital investors in the world. This year’s Midas List reflects a cautious market environment, with a small number of major
WEST SPRINGFIELD — The Scuderi Group knows there are questions, questions from a reporter who’s called and emailed over the last few days and even reached out to its attorney and a former state representative who served as its lobbyist. The questions have also come from the group’s small-time investors who were recruited word-of-mouth or
This is CNBC’s live blog covering Asia-Pacific markets. Asia-Pacific markets traded mixed Tuesday as investors continued to assess global trade climate with U.S. President Donald Trump deferring 50% tariffs on European Union imports. Japan’s benchmark Nikkei 225 fell 0.21% while the broader Topix index was flat. In South Korea, the Kospi index declined 0.45%, reversing course from its three-month high in Monday’s session,