The Latest Breaking News from Craig Erlam

The Fed Remains Prepared to Raise Rates Further If Needed, Powell Says

The central bank remains committed to reaching its 2% inflation target.

Kiplinger · Aug 25, 2023

Stock Market Today: Stocks Drop on Troubling China Data, Bank Ratings Worries

The main benchmarks fell Tuesday, but healthcare stocks outperformed as Eli Lilly and Novo Nordisk surged.

Kiplinger · Aug 8, 2023

UK appears increasingly distant from global peers on price rises as Eurozone inflation falls to 5.1% in June

Inflation in the UK was 8.7% in May, the last month for which data has been published

Evening Standard · Jun 30, 2023

Bitcoin, Ethereum, Dogecoin Spike Amid Risk Rally: Why A Red September Could Present 'Great Buying Opportunity' For Investors

Bitcoin and Ethereum rose Wednesday evening as the global cryptocurrency market cap increased 2.95% to $974.2 billion at 8.11 p.m. EDT.

Benzinga · Sep 8, 2022

Global stocks rise as Europe wrestles with gas shortages

Global stock markets and Wall Street futures are higher as Liz Truss prepares to become British prime minister and Europe wrestles with gas shortages

The Independent UK · Sep 6, 2022

Bitcoin, Ethereum, Dogecoin Rally Halts As Chinese Data Disappoints: Are Investors Already Engaging In Profit-Taking?

Bearish sentiment kept major coins lower on Monday evening as the global cryptocurrency market cap declined 1.05% to $1.15 trillion at press time.

Benzinga · Aug 16, 2022

Bitcoin, Ethereum, Dogecoin Unfazed By Upcoming Rate Hike: Why This Analyst Is Waiting For A 'Big Short Squeeze'

Major coins, including Bitcoin, traded in the green at press time on Thursday, as the global cryptocurrency market cap rose 2.8% to $925.2 billion.

Benzinga · Jul 15, 2022

Bitcoin, Ethereum, Dogecoin Plunge As Diamond Hands Feel The Pain: How Much Longer Will Crypto Slide Last?

Bitcoin traded below a key psychological level on Monday evening, while other major coins also slid, as the global cryptocurrency market declined 4.05% to $888.7 billion at press time.

Benzinga · Jul 12, 2022

Bitcoin, Ethereum, Dogecoin Buoyant After Fed Rate Hike: Are Cryptos Catching Up With Stocks?

Bitcoin and Ethereum traded higher at press time on Wednesday evening as the global cryptocurrency market cap rose 4% to $974.2 billion.

Benzinga · Jun 16, 2022

Bitcoin HODLers Clenching Their Moneybags Even As Stocks Plunge Is Remarkable, Says Analyst

Analyst Will Clemente noted the remarkable conviction of Bitcoin (CRYPTO: BTC) HODLers as 64% of Bitcoin supply hasn’t moved in a year despite the tech-heavy Nasdaq plunging 18% from its peak.

Benzinga · Apr 22, 2022