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Trump Says Fed Made the Right Call Last Week to Pause Rate Cuts

(Bloomberg) -- US President Donald Trump said the Federal Reserve was right to pause its rate-cutting path in its decision last week, a break from his penchant for calling for lower rates.Most Read from BloombergNew York’s First ‘Passive House’ School Is a Model of Downtown DensityWhen French Communists Went on a Brutalist Building BoomTrump Paves the Way to Deputize Local Police on ImmigrationHow the 2025 Catholic Jubilee Is Reshaping RomeHistoric London Elevator Faces Last Stop in Labour’s Hou

Wall Street girds for market impact of Trump tariffs

NEW YORK (Reuters) -Global markets buckled up for a turbulent session on Monday after U.S. President Donald Trump launched a trade war with sweeping tariffs on Canada, Mexico and China that threaten to undermine economic growth and reignite inflation. Canadian Prime Minister Justin Trudeau announced plans for retaliatory tariffs on imports of goods from the United States, the first of which also would take effect on Tuesday.

1 Top Cryptocurrency to Buy Before It Soars 600%, According to Billionaire Larry Fink of BlackRock

According to Larry Fink, CEO of asset management giant BlackRock, Bitcoin could eventually soar as high as $700,000. In an interview with Bloomberg at the World Economic Forum in Switzerland, Fink outlined a potential scenario that could send Bitcoin on a path to $700,000. Right now, we're at a point where allocating even 1% of a portfolio to Bitcoin is considered risky, especially if you're a pension fund, endowment fund, or other large institutional investor.

Hong Kong-Listed Chinese Stocks Brace for Trump Tariffs’ Impact

(Bloomberg) -- Chinese stocks listed in Hong Kong will come under renewed pressure when they resume trading on Monday following a three-session break, after US President Donald Trump fired the first salvo of his tariff war.Most Read from BloombergNew York’s First ‘Passive House’ School Is a Model of Downtown DensityWhen French Communists Went on a Brutalist Building BoomTrump Paves the Way to Deputize Local Police on ImmigrationHow the 2025 Catholic Jubilee Is Reshaping RomeHistoric London Eleva

Five Key Charts to Watch in Global Commodity Markets This Week

(Bloomberg) -- Even before US President Donald Trump announced wide-ranging import tariffs on Saturday, speculation over what he would do had propelled gold to its biggest monthly gain since March. Meanwhile, shale patch activity is showing signs of slowing. And financing deals for climate-focused companies are shrinking even as global investment in the energy transition surpasses $2 trillion.Most Read from BloombergNew York’s First ‘Passive House’ School Is a Model of Downtown DensityWhen Frenc