Bitcoin turns positive but still heads for its worst week since 2023

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  At London Fashion Week, Street Style Turned Heads

  Outfits on and off the runways at London Fashion Week offered loads of inspiration.
  
  The New York Times - 2d

• Walmart's worst week since 2022: Retailer's former U.S. CEO Bill Simon thinks Wall Street is getting earnings, tariff risks wrong

  Walmart is coming off a tough week after delivering a slowing profit growth forecast.
  
  CNBC - 6d

• Standard Chartered still sees bitcoin hitting $500,000 despite recent selloff

  Bitcoin earlier this week sank to a three-month low below $90,000 amid declines in global equity markets.
  
  CNBC - 1d

• America has turned on its friends

  Donald Trump’s abandonment of allies is real and will endure
  
  Financial Times - Feb. 21
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  Marlins' Sandy Alcantara touches 99 mph in first pitching appearance since 2023 Tommy John surgery

  Alcantara is expected to be on the trading block by the 2025 deadline, if not earlier
  
  CBS Sports - 5d

• Palantir drops 10% for worst day since May as investors continue dumping onetime market favorite

  The stock notched its fourth straight losing session.
  
  CNBC - 3d

• Still the 'plan' to hold budget plan vote this week, Johnson says

  Politico - 4d

• Mortgage rates drop to lowest since mid-December, but demand still falls short

  Applications for a mortgage to purchase a home were flat for the week and 3% higher than the same week one year ago.
  
  CNBC - 1d

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• Microsoft is shutting down Skype after a 21-year run. Here's how it lost out to video call rivals

  Skype is among the world's most long-lasting digital brands. But other mobile apps took off faster, and Skype didn't see the Covid bump that Zoom did.
  
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• Fed's favorite core inflation measure hits 2.6% in January, as expected

  The PCE price index was expected to show an annual inflation rate of 2.5% in January.
  
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• Trump administration, Musk’s DOGE plan to fire nearly all CFPB staff and wind down agency, employees say

  Employees testified that CFPB leaders and Elon Musk's DOGE want to wind down the agency to five employees, the minimum required under law.
  
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• Americans are suffering from 'sticker shock' — here’s how to adjust

  After years of inflation, most Americans are experiencing sticker shock, a recent report found. Setting a spending plan can help with the stress of high prices.
  
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• Full Video: Trump-Zelenskyy Oval Office meeting explodes into shouting match

  President Donald Trump and Vice President JD Vance argued with Ukraine President Volodymyr Zelenskyy, with Vance accusing Zelenskyy of disrespect.
  
  CNBC - 3m

• Trump's latest midday surprise briefly jolts the market — plus, our February winners and losers

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• 

  Former HSBC chief Noel Quinn to become Julius Baer chair

  Appointment is latest shake-up at Swiss wealth manager hit by exposure to Rene Benko’s Signa property empire
  
  Financial Times - 13m
• 

  Trump cuts short Zelenskyy meeting after fiery White House clash

  US president says Ukrainian leader is ‘gambling with world war three’
  
  Financial Times - 15m
• 

  The People’s Union USA’s ‘Economic Blackout’ Organizer Served Jail Time on Sex Charge

  John Schwarz, who organized a viral shopping boycott, was previously registered as a sex offender after pleading guilty to “disseminating voyeuristic material.”
  
  The New York Times - 18m