News

(Bloomberg) -- Subscribe to Economics Daily for the latest news and analysis.Most Read from BloombergDOGE Visits National Gallery of Art to Discuss Museum’s Legal StatusTrump Gives New York ‘One Last Chance’ to End Congestion FeeTrump Administration Takes Over New York Penn Station RevampThe Racial Wealth Gap Is Not Just About MoneyNashville’s $3 Billion Transit Plan Brings a Call for Zoning ReformWorld economic and finance chiefs want an off-ramp from the worst global trade crisis in a century.

When politics interferes with the central bank’s ability to set monetary policy, inflation tends to be the result.

Crypto traders don’t need another ChatGPT wrapper. They need battle-tested copilots built for the thrill of the trade.

Amazon shares slid Monday, falling amid a downgrade by Raymond James and a broad pullback in stocks.

Trump repeated his criticism of Powell, saying in a Truth Social post that the economy could slow down unless interest rates are lowered immediately. Trump's continued criticism of the Fed chair has heightened worries about the central bank's ability to independently formulate monetary policy in the world's largest economy, undermining investor confidence in U.S. assets already diminished by Trump's tariffs.

Bitcoin has gained 2.8% past month (as of April 19, 2025 and at the time of writing) compared with 7.2% decline in the SPDR S&P 500 ETF Trust (as of April 17, 2025).

Bitcoin touches $87,000 as Trump’s feud with the Federal Reserve triggers economic uncertainty.