No bailout for crypto billionaires

No bailout for crypto billionaires

Senator Elizabeth Warren, a Democrat from Massachusetts and ranking member of Senate Banking, Housing, and Urban Affairs Committee, speaks during a hearing in Washington, DC, US, on Thursday, Feb. 5, 2026. Kent Nishimura | Bloomberg | Getty Images Sen. Elizabeth Warren asked the Treasury Department and the Federal Reserve on Wednesday to confirm that they…

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U.S. appeals court blocks Trump’s order curtailing birthright citizenship

U.S. appeals court blocks Trump’s order curtailing birthright citizenship

A federal appeals court ruled on Wednesday that U.S. President Donald Trump’s executive order curtailing automatic birthright citizenship is unconstitutional. Bloomberg | Bloomberg | Getty Images A federal appeals court ruled Wednesday that U.S. President Donald Trump’s executive order curtailing automatic birthright citizenship is unconstitutional and blocked its enforcement nationwide. The 2-1 decision by the San Francisco-based 9th U.S. Circuit Court of Appeals marked the first time an appeals court has assessed the legality…

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U.S., Europe brands take on the Chinese consumer

U.S., Europe brands take on the Chinese consumer

Pictured here is Louis Vuitton’s new cruise ship-shaped store in Shanghai, China, on June 28, 2025. Bloomberg | Bloomberg | Getty Images BEIJING — China’s economic slowdown isn’t discouraging U.S. and European brands from revamping their strategies to reach Chinese shoppers. Instead, the allure of the world’s second-largest consumer market is forcing companies to adapt…

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Blackrock Co-CIO Jeff Shen stays upbeat on U.S. stocks, sees opportunities abroad

Blackrock Co-CIO Jeff Shen stays upbeat on U.S. stocks, sees opportunities abroad

BlackRock’s Jeff Shen, remains constructive on U.S. equities over the next six-to-12 months, but he said investors may find more compelling opportunities overseas as global markets play catch-up. “There’s a fundamental capital expenditure story, given the excitement around artificial intelligence and the potential productivity growth coming from this investment,” said Shen, co-chief investment officer and…

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