Author: autoblog

Gold and bitcoin hit record highs as investors hedge against inflation, surging U.S. debt, and a weakening dollar in the new “debasement trade.”

Morgan Stanley’s move marks the latest expansion of access to crypto at the world’s largest wealth management firm.

See which stocks are posting big moves before the bell.

Waller continues to support lowering rates but said the central bank needs to be careful amid conflicting economic signals.

The Treasury plans to hold another round of interviews with all five candidates in the coming weeks and months.

The move comes a day after China ramped up restrictions on rare earths exports amid ongoing tensions with the U.S.

“We do not think cryptocurrency has characteristics that mean it should be included in portfolios for growth or income,” Hargreaves Lansdowne said.

China’s real estate market is on track to drop more than previously expected this year due to the lack of government support, S&P Global Ratings said.

Former U.S. Federal Reserve Governor Larry Lindsey has withdrawn his name from the list of candidates for the next potential chair of the Federal Reserve.

These are the stocks posting the largest moves midday.