Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore

News

Stay up to date on the latest crypto trends with our expert, in-depth coverage.

banner
All
Crypto
Stocks
Commodities & Forex
Macro
Flash
00:04
U.S. Senate bill proposes to ban the Federal Reserve from issuing a retail CBDC
The 21st Century Housing Act by the U.S. Senate Banking Committee includes a provision proposing to prohibit the Federal Reserve from issuing retail CBDC, with this provision effective until 2030. (Cointelegraph)
2026/03/02 23:55
International rating agency Fitch recently downgraded the credit rating of Paramount Skydance Corp (stock code: PSKY), noting that the adjustment mainly reflects two core risks: the intense competitive pressure faced by the media industry as a whole, and the continued pressure on free cash flow caused by significant transformation expenditures.
Currently, traditional media companies are generally facing structural challenges such as the impact of streaming media and changes in user habits. Paramount needs to invest a large amount of capital in content production and technology upgrades during the industry's transformation wave. These high transformation costs are significantly dragging down its cash flow. Meanwhile, intensified industry competition has led to rising user acquisition costs and declining returns on content investment, further squeezing the company's profit margins. Fitch emphasizes that whether Paramount can effectively control transformation expenditures through strategic adjustments and maintain content competitiveness in fierce market competition will be key factors determining its future credit status.
2026/03/02 23:54
The private credit fund under Blackstone Group recently announced that its board of directors has voted to increase the scale of the repurchase offer for shareholders to 7% of the fund's total shares.
This adjustment aims to respond to investors' liquidity needs and reflects the fund's proactive approach to capital management.
News