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"Over time, we may allow some investments in the single-digit percentage range," Zhao said.

(Bloomberg) -- Federal Reserve Bank of Atlanta President Raphael Bostic said he expects the US central bank will lower interest rates twice in 2025, though uncertainty around that projection has risen.Most Read from BloombergTrump to Halt NY Congestion Pricing by Terminating ApprovalAirbnb Billionaire Offers Pre-Fab Homes for LA Fire VictimsSorry, Kids: Disney’s New York Headquarters Is for Grown-UpsChild Migrant Watchdog Gutted in DOGE CutsChicago Council Delays $830 Million Bond Vote Amid Scru

Federal Reserve officials are taking note of what they see as rising inflation risks and the uncertain impact of President Donald Trump's trade, immigration and other policies. "Going forward, I consider it is appropriate to hold the federal funds rate in place for some time, given the balance of risks that we face right now," Federal Reserve Governor Adriana Kugler said on Thursday. Inflation still has "some way to go" before reaching the Fed's 2% target, she said, and while the labor market is healthy and the risk of it weakening has diminished, upside risks to inflation remain.

Wayfair shares dropped Thursday after the company reported a bigger adjusted loss in the fourth quarter than analysts expected.

Washington Fine Properties' William Moody and Thomas Anderson, Compass' Robert Reffkin and Washington Fine Properties' Dana Landry and Marc Schappell (Washington Fine Properties, Compass, Getty)Compass is continuing a series of acquisitions with another homegrown firm, this time in the nation’s capital. The company announced a deal for Washington, D.C.-based brokerage Washington Fine Properties. The 150-agent luxury brand was the fourth-ranked […]This article originally appeared on The Real Deal

The U.S. Securities and Exchange Commission has been overhauling its digital asset legal strategy, and this week it dropped an appeal of the crypto dealer rule.

A year ago, policy gridlock stifled crypto. Now, change is happening with the Trump administration’s stance on crypto, fueling greater acceptance and momentum.