Benzinga | Detroit Free Press Wall Street remained on edge as investors adopted a cautious stance amid an increasingly uncertain economic outlook this past week. At its March meeting, the Federal Reserve kept interest rates unchanged at 4.25%-4.50%, signaling “no rush” to adjust its monetary policy. Yet, the central bank’s latest economic projections painted a
A day after White House officials said the Education Department would administer the student loan program, President Donald Trump announced that the Small Business Administration would be taking over the $1.7 trillion portfolio. He told White House reporters that the move would happen “immediately,” though he didn’t say how that process would work. Currently, federal law
Illinois Gov. JB Pritzker was in Rockford on Friday to celebrate the $32 million expansion of the Rockford Mass Transit District downtown bus station and garage. The 18-month project that broke ground in November is being paid for from the Rebuild Illinois Capital Plan, a $45 billion capital improvement program. The program is also paying
The S&P 500 has wobbled in 2025. The U.S. stock index briefly touched correction territory last week. Investors can take advantage of such selloffs by buying stocks at a discount, financial experts say. Investors should be mindful of their overall stock/bond allocations when doing so. Volatility often sends investors running for the hills. But gyrations
A Russian national who was charged for his role in a crypto market manipulation scheme will give up his access to millions worth of assets after striking a plea deal with US prosecutors. In November, the U.S. Justice Department filed charges against the crypto market maker Gotbit’s CEO and founder Aleksei Andriunin for providing services
A widely followed analyst says Bitcoin (BTC) is showing signs of being on the verge of a massive breakout. The analyst pseudonymously known as Credible Crypto tells his 462,900 followers on the social media platform X that Bitcoin may reclaim the $100,000 range if BTC can break through resistance around the $88,000 level. “We’re at
The second-largest US-based crypto exchange by trading volume is expanding its repertoire as it prepares to go public. Earlier this month, Kraken announced plans to offer an Initial Public Offering (IPO) early next year. On the heels of the announcement, Kraken now says it has acquired the leading US retail futures trading platform NinjaTrader. NinjaTrader
Bernard Goyder | Bloomberg U.S. stocks’ rebound off of last week’s lows will face a new test on Friday, when a pile of options contracts are set to expire in a quarterly event that often stoked volatility in the past. The so-called “triple-witching” will see about $4.5 trillion of contracts tied to stocks, indexes and
Ripple announced that the SEC’s lawsuit against the firm is over. Ripple Labs’ XRP cryptocurrency spiked over 13% on the news. It is another indicator of shifting regulatory tides for crypto under the Trump administration. The US Securities and Exchange Commission is dropping its case against Ripple, the blockchain firm that fell into regulatory crosshairs
The financial services giant Goldman Sachs is telling shareholders that its competitors are now offering crypto products and services that the bank doesn’t. In its 2024 Annual Report, Goldman Sachs says in some circumstances, rival firms are offering products that clients may prefer, such as specific digital assets, which Goldman cannot or choose not to