Crypto markets shift from buy, buy, bitcoin to bye, bye bitcoin, in a nanosecond — and market technicians say that the digital asset may have more room to fall in the near-term as a monthslong bullish trend unravels. See full story.
Dow skids over 400 points, gives up May gains ahead of Fed minutes
U.S. stocks on Wednesday head for a third straight loss as fears of inflation weigh on Wall Street sentiment. Investors will watch for minutes from the Federal Reserve’s most recent policy meeting for clues on how the central bank will address evidence of pricing pressures building in the economy, which it has so far described as transitory. See full story.
As Europe relaxes COVID-19 restrictions and U.S. cases fall, India sets one-day record for deaths as Asia remains hot spot
The uneven state of the pandemic across the world was on full display Wednesday, with India setting a global record for one-day fatalities, while the U.S. reported continued declines in cases and deaths and the European Union said it would open its borders to vaccinated travelers after months of restrictions. See full story.
Swimsuits and luggage are hot items as U.S. shoppers prepare for summer events with relaxed COVID restrictions
Poshmark, which sells new and used items, said bikini sales were up 86% in March. See full story.
New York AG now investigating Trump Organization ‘in a criminal capacity’
The New York attorney general’s office said Tuesday night that the Trump Organization is now being investigated “in a criminal capacity.” See full story.
‘Philanthropic households rose to the extraordinary challenges presented by the pandemic.’ See full story.