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With the political environment so finely poised, candidates would be wise to attract crypto voters, says Nonco’s Jeffrey Howard.

Most Federal Reserve officials agreed last month that they would likely cut their benchmark interest rate at their next meeting in September as long as inflation continued to cool. The minutes of the Fed’s July 30-31 meeting, released Wednesday, said the “vast majority" of policymakers “observed that, if the data continued to come in about as expected, it would likely be appropriate to ease policy at the next meeting.” In July, the policymakers kept their benchmark rate at 5.3%, a near-quarter-century high, where it's stood for more than a year.

(Bloomberg) -- Ovintiv Inc. is considering a possible sale of its operations in the Uinta Basin, which could fetch as much as $2 billion, people with knowledge of the matter said.Most Read from BloombergThe Serious Work That Free Play Can DoDenver-based Ovintiv is working with an adviser to gauge buyer interest in the asset, the people said, asking not to be identified discussing confidential information. Ovintiv’s operations in the Central Basin of Utah involves drilling in about 2,600 feet of

Wednesday's release shows the US labor market added fewer jobs than initially reported in the 12-month period ending in March 2024 but economists are wary about reading too much into the release.