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Fed, Treasury Questioned by Democrats Over Trump’s DEI Order

(Bloomberg) -- A group of House Democrats questioned Federal Reserve Chair Jerome Powell and Treasury Secretary Scott Bessent about actions they may have taken in response to President Donald Trump’s recent executive order ending diversity programs.Most Read from BloombergProgressive Portland Plots a ComebackWhy American Mobility Ground to a HaltA Filmmaker’s Surreal Journey Into His Own Private WinnipegHow to Build a Neurodiverse CitySpaceX Bid to Turn Texas Starbase Into City Is Set for Vote i

Lower Inflation Wouldn’t Assure Rate Cuts, Fed’s Logan Says

(Bloomberg) -- Federal Reserve Bank of Dallas President Lorie Logan urged policymakers to remain cautious in the coming months, reiterating lower inflation wouldn’t necessarily prompt further interest-rate reductions. Most Read from BloombergProgressive Portland Plots a ComebackWhy American Mobility Ground to a HaltA Filmmaker’s Surreal Journey Into His Own Private WinnipegHow to Build a Neurodiverse CitySpaceX Bid to Turn Texas Starbase Into City Is Set for Vote in May“Even if we do get better

Oil Dips as Ample Supply Outlook Overshadows Trump Iran Threats

(Bloomberg) -- Oil fell as a key market gauge signaled that supplies are ample and traders discounted US threats to Iran’s crude exports. Most Read from BloombergProgressive Portland Plots a ComebackWhy American Mobility Ground to a HaltA Filmmaker’s Surreal Journey Into His Own Private WinnipegHow to Build a Neurodiverse CitySpaceX Bid to Turn Texas Starbase Into City Is Set for Vote in MayWest Texas Intermediate’s front-month futures were trading at as little as 1 cent more per barrel than con

Why the Official Trump Cryptocurrency Is Skyrocketing Today

Official Trump is seeing huge gains following news that the Securities and Exchange Commission (SEC) has accepted Grayscale's application to form an exchange-traded fund (ETF) built around XRP. Investors are betting that policy changes at the SEC could open the door for catalysts that drive powerful rallies for altcoins. While the SEC's acknowledgment of the application doesn't mean Grayscale will be able to move forward with an XRP ETF, it's a notable development.

Chevron Cranks Up Venezuelan Oil Exports Amid Trump-Maduro Reset

(Bloomberg) -- Chevron Corp. plans to ratchet up oil exports from Venezuela to a seven-year high as a reset of the country’s relationship with the US eases concerns that trade restrictions will increase.Most Read from BloombergProgressive Portland Plots a ComebackWhy American Mobility Ground to a HaltA Filmmaker’s Surreal Journey Into His Own Private WinnipegHow to Build a Neurodiverse CitySpaceX Bid to Turn Texas Starbase Into City Is Set for Vote in MayExports of synthetic oil from Chevron’s P