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Tariffs to Fuel Market Volatility in 2025, JPMorgan Finds

(Bloomberg) -- Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here.Most Read from BloombergCitadel to Leave Namesake Chicago Tower as Employees RelocateState Farm Seeks Emergency California Rate Hike After FiresTransportation Memos Favor Places With Higher Birth and Marriage RatesSan Francisco Wants Wealthy Donors to Help Fix Fentanyl CrisisNY Transit Advocate Says Billions in Tax Hikes Would Fix MTAGlobal fin

ECB hopes Trump's crypto plan will speed up digital euro

The European Central Bank hopes U.S. President Donald Trump's plan to support cryptocurrencies pegged to the U.S. dollar will speed up legislative backing for the digital euro, ECB board member Piero Cipollone told Reuters. The ECB has presented its digital currency - essentially an online wallet guaranteed by the central bank - in part as an electronic means of payment that does not rely on dominant U.S. providers such as Visa and PayPal. Cipollone said Trump's support for globally available stablecoins tied to the dollar would help create yet another U.S.-made payment tool and added urgency to the digital euro project.

Musk ‘Buyout’ Taken by 40,000 Federal Workers as Deadline Nears

(Bloomberg) -- The Trump administration’s offer to pay federal employees through the end of September if they agree to leave by the end of February has attracted more than 40,000 sign-ups as of Wednesday — about 2% of the federal civilian workforce.Most Read from BloombergCitadel to Leave Namesake Chicago Tower as Employees RelocateState Farm Seeks Emergency California Rate Hike After FiresTransportation Memos Favor Places With Higher Birth and Marriage RatesSan Francisco Wants Wealthy Donors to