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Day: March 7, 2025

US Treasury chief says plan to be put in place on acquiring crypto

US Treasury chief says plan to be put in place on acquiring crypto

March 7, 2025

WASHINGTON (Reuters) – Plans will be discussed about how to acquire cryptocurrency for a U.S. strategic reserve that will include bitcoin, Treasury Secretary Scott Bessent

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Fed expected to cut rates in June as jobs data raises potential red flags

Fed expected to cut rates in June as jobs data raises potential red flags

March 7, 2025

(Reuters) – The Federal Reserve will head into its March 18-19 policy meeting with the labor market strong overall but showing some potential early signs

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Morgan Stanley cuts US growth forecast for 2025 on tariff concerns

Morgan Stanley cuts US growth forecast for 2025 on tariff concerns

March 7, 2025

(Reuters) – Morgan Stanley lowered its 2025 economic growth forecast for the United States on Friday, citing greater impact from tariffs and a still-tight labor

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US cancels $400 million in grants, contracts to Columbia University over antisemitism allegations

US cancels $400 million in grants, contracts to Columbia University over antisemitism allegations

March 7, 2025

(Reuters) – President Donald Trump’s administration has canceled grants and contracts totaling $400 million to Columbia University due to “inaction in the face of persistent

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