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(Bloomberg) -- Inflation cooled in the US and Europe, setting the stage for policymakers in both regions to lower interest rates in September.Most Read from BloombergA Guide to Urban Swimming in Europe, Beyond the SeineDense Cities With Low Emissions Suffer Most From Air Pollution, Study FindsIntergenerational Housing Could Help Older Adults Combat LonelinessTurkey Plans Istanbul Taxi Surge to Tackle ComplaintsAs Rural Hospitals Shutter Maternity Wards, Urban Ones FollowOn a three-month annualiz

Earlier this month, Senate Majority Leader Chuck Schumer (D-N.Y.) told the audience at a "Crypto4Harris" virtual event that he hoped to shepherd crypto legislation through Congress and have President Joe Biden sign the bill into law by the end of 2024. It was a bold promise, one that on first blush seems like a hard pledge to fulfill.

Sen. Chuck Schumer promised a crypto bill would become law by the end of the year. How likely is that?

(Bloomberg) -- Global investors are boosting exposure to Indonesia and Malaysia on bets the two markets will benefit more than their developing-nation peers as the Federal Reserve looks set to embark on monetary easing.Most Read from BloombergA Guide to Urban Swimming in Europe, Beyond the SeineDense Cities With Low Emissions Suffer Most From Air Pollution, Study FindsIntergenerational Housing Could Help Older Adults Combat LonelinessTurkey Plans Istanbul Taxi Surge to Tackle ComplaintsAs Rural

Experts explore the possibility of bitcoin reaching $150K, debating its year-end price potential

Historically weak summer trading action doesn't have one of crypto's top analysts feeling any less bullish

A broadening rally in U.S. stocks is offering an encouraging signal to investors worried about concentration in technology shares, as markets await key jobs data and the Federal Reserve's expected rate cuts in September. As the market's fortunes keep rising and falling with big tech stocks such as Nvidia and Apple, investors are also putting money in less-loved value stocks and small caps, which are expected to benefit from lower interest rates. The Fed is expected to kick off a rate-cutting cycle at its monetary policy meeting on Sept. 17-18.