A criminal investigation into Federal Reserve Chair Jerome Powell is ongoing, and the central bank has not yet produced documents demanded by grand jury subpoenas, CNBC reported Wednesday. The probe remains active, with no clear deadline disclosed for the Fed’s compliance. Powell said on Jan. 11 that the Fed had received grand jury subpoenas connected
Following today’s decision to leave interest rates unchanged, expectations regarding the interest rate path until 2026 are beginning to become clearer. Five major financial institutions, including JPMorgan Chase and Citigroup, shared their thoughts on both potential rate cuts in 2026 and key messages regarding tonight’s rate decision. While institutional forecasts suggest the Fed will maintain
Messari dropped its State of DePIN report for 2025, and it draws attention to the sector’s maturation as it shifted from speculative experiments toward infrastructure businesses generating real revenue. According to the report, by the end of the fiscal year 2025, the entire DePIN sector, worth $10 billion, had generated an estimated $72 million in
Tesla’s (TSLA) bitcoin holdings remained flat during the fourth quarter of 2025, continuing at 11,509 coins. The value of that stack, though, declined markedly as the price of bitcoin tumbled from roughly $114,000 to $88,000 during the final three months of the year. That decline forced Tesla to book an after-tax impairment loss of about
The crypto industry took an alarmingly long time to allow retail traders to speculate on spot precious metals markets. By the time many exchanges had listed gold and other monetary metals using traditional finance products like futures and contracts for difference (CFDs), a substantial portion of the gains from those commodities had already come and
The Fed kept interest rates unchanged at its January policy meeting, as expected. However, the decision drew attention because two Fed officials voted against the 25 basis point interest rate cut. This decision means the Fed is pausing its easing cycle for the first time since July, after cutting rates three times last year. Following
Global markets were focused on the Fed’s latest interest rate decision, and the bank kept its policy rate unchanged, as expected. The Fed stated that its decisions for March would depend on future macroeconomic data. Analysts discussed the latest developments following the press conference held by Federal Reserve Chairman Jerome Powell. Ryan Detrick, Chief Market
The Federal Reserve held interest rates steady on Wednesday, a decision that capped a sharp reversal in market expectations that had once favored an early 2026 rate cut. “Job gains have remained low, and the unemployment rate has shown some signs of stabilization,” said the central bank in its policy statement. “Inflation remains somewhat elevated.”