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Bitcoin Reserve Would 'Benefit Special Interest Groups,' Former Fed Chairman Warns
Friday, December 6, 2024 - 11:00am | 545Read More...Former chairman of the New York Federal Reserve Bill Dudley on Friday voiced strong concerns over the United States potentially including Bitcoin (CRYPTO: BTC) in its national reserves, a proposal gaining momentum among crypto-friendly legislators. In an opinion piece, Dudley argues that such a...
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Former New York Fed President Says Risk Of Hard Landing Higher Now: 'We Are Actually In A Worse Place Today'
Thursday, March 23, 2023 - 2:39am | 470Read More...Former New York Fed President Bill Dudley expressed skepticism about the current economic environment and reportedly said that the possibility of a hard landing is higher now. "Uncertainty has gone up a lot. And I think it’s sort of interesting that markets are not really fully focused on...
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Dow Suffers Largest Daily Decline Since July, S&P 500 At 8-Week Lows On Global Growth Concerns
Tuesday, October 7, 2014 - 4:52pm | 2340Read More...U.S. stocks tumbled with the three major indices each shedding more than 1.5 percent as global economic growth concerns surfaced. The IMF lowered its global growth forecast for 2014 to 3.3 percent from a previous 3.4 percent. The agency also lowered its 2015 global growth projections to 3.8...
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Market Wrap For March 7: Markets Cap Off Positive Week With Small Gains
Friday, March 7, 2014 - 5:31pm | 2369Read More...U.S. stocks were mixed as investors continue to follow the standoff in Ukraine and digested February's jobs report which indicated that harsh winter weather could be the culprit behind weakness seen in recent economic data reports. The S&P 500 trading at new all time highs at 1,883.57 but...
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Market Wrap For March 6: Investors Find Positives In Jobless Claims
Thursday, March 6, 2014 - 6:06pm | 2478Read More...U.S. stocks rose as investors digested jobless claims data which fell to a three month low ahead of Friday's monthly employment report. The S&P 500 was lifted to a new all time high of 1,8881.94 while the Dow recorded modest gains. The Nasdaq finished in the red The Fed's Bill Dudley...






