Bitcoin could soon have a big global buyer that has shunned it up to this point

Bitcoin could soon have a big global buyer that has shunned it up to this point

Central banks around the world — including the Federal Reserve — could soon become big buyers of bitcoin, after historically shunning the cryptocurrency, according to the Deutsche Bank Research Institute. Monetary policy-setting institutions have traditionally skewed conservative with their reserves, holding mostly gold and Treasurys for stability and to preserve their currencies’ value. Yet, the…

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Nexstar-owned ABC affiliates won’t show Kimmel’s return Tuesday, joining Sinclair in preempting program

Nexstar-owned ABC affiliates won’t show Kimmel’s return Tuesday, joining Sinclair in preempting program

People gather outside the El Capitan Entertainment Centre where the “Jimmy Kimmel Live!” show is performed in Hollywood on Sept. 18, 2025 in Los Angeles, California. Mario Tama | Getty Images Nexstar Media Group, one of the largest owners of broadcast TV stations, said it would not air the return of “Jimmy Kimmel Live!” on…

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Chicago Fed President Goolsbee says officials have to be careful not to get too aggressive with rate cuts

Chicago Fed President Goolsbee says officials have to be careful not to get too aggressive with rate cuts

Chicago Federal Reserve President Austan Goolsbee expressed caution Tuesday about lowering interest rates as the U.S. economy grapples with the forces of slower growth and a weaker labor market. While he joined the rest of the Federal Open Market Committee last week in voting to cut the central bank’s key borrowing rate, he told CNBC…

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