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Stocks fall on Fed rate hike bets, yen hits fresh 24-year low

Stocks fall on Fed rate hike bets, yen hits fresh 24-year low

Register now for FREE unlimited access to Reuters.com Register LONDON, Sept 7 (Reuters) – European stock markets fell on Wednesday after U.S. economic data prompted traders to ramp up Federal Reserve rate hikes bets, pushing the dollar to a 24-year high against the Japanese yen. U.S. Treasury yields jumped and the dollar received a boost …

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Dollar edges higher as oversized Fed rate hike bets rise

Dollar edges higher as oversized Fed rate hike bets rise

Pound and U.S. dollar banknotes are seen in this illustration taken January 6, 2020. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register NEW YORK, Aug 30 (Reuters) – The dollar edged higher on Tuesday, but was below the 20-year high it hit a day earlier, while the euro broke back above parity, …

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Buffett and Berkshire added big to their bets on Ally, Occidental, Paramount and Activision. But these other 6 stocks also got a vote of confidence.

Buffett and Berkshire added big to their bets on Ally, Occidental, Paramount and Activision. But these other 6 stocks also got a vote of confidence.

Warren Buffett’s Berkshire Hathaway Inc. added to nine stock holdings during the second quarter, reduced holdings of four and sold two outright. That’s according to Berkshire Hathaway’s BRK.B, +1.22% most recent 13F filing with the Securities and Exchange Commission. The company held 45 stocks with a combined market value of $330.1 billion as of June …

Buffett and Berkshire added big to their bets on Ally, Occidental, Paramount and Activision. But these other 6 stocks also got a vote of confidence. Read More »

Vegas home builder bets $32.5 million spec mansion will smash a local record in Southern California

Vegas home builder bets $32.5 million spec mansion will smash a local record in Southern California

Blue Heron’s cliffside spec house spans four levels in San Diego’s La Jolla neighborhood. Blue Heron This newly built cliff-side mansion overlooking the Pacific Ocean in Southern California comes with an ambitious $32.5 million asking price. It’s one of the most expensive homes for sale in San Diego County, and that price tag puts it …

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Hot inflation fuels bets on supersized Fed rate hike

Hot inflation fuels bets on supersized Fed rate hike

July 13 (Reuters) – The U.S. Federal Reserve is seen ramping up its battle with 40-year high inflation with a supersized 100 basis points rate hike this month after a grim inflation report showed price pressures accelerating. “Everything is in play,” Atlanta Fed President Raphael Bostic told reporters in Florida, when asked about the possibility. …

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The U.S. bets billions of dollars on better COVID-19 boosters as it prepares for a spike in COVID-19 cases next winter

The U.S. bets billions of dollars on better COVID-19 boosters as it prepares for a spike in COVID-19 cases next winter

The U.S. is gearing up for another wave of COVID-19 infections in the fall and winter following a flurry of activity this week that included putting billions of dollars toward more COVID-19 vaccines and treatments and setting up new rules for how to update the shots.  Here’s what happened this week:  The Food and Drug …

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Celsius bid to rival Wall St with crypto lending scuppered by risky bets

Celsius bid to rival Wall St with crypto lending scuppered by risky bets

Celsius Network co-founder Alex Mashinsky was in a defiant mood on Twitter this past weekend. When asked by one user why he had so many enemies, Mashinsky boasted: “because I am winning and giving it all to my community”. Days later, his crypto investment firm is in crisis after it blocked customer withdrawals, a move …

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Bitcoin cryptocurrency background. A bunch of golden bitcoin, Digital currency

Tesla could take a big loss on its Bitcoin bets (NASDAQ:TSLA)

Tevarak/iStock via Getty Images Tesla’s (NASDAQ:TSLA) big bet on Bitcoin (BTC-USD) is beginning to look like a blunder amid a violent crash for cryptocurrencies. While adding Bitcoin (BTC-USD -14.6%) in early 2021 looked like a wise decision throughout the year and even into early 2022, the tables have turned rather quickly in recent months. The …

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