The Daily

Whether you’re an active investor or simply keeping a close eye on your 401K, knowing when the stock market is open and closed is essential to tracking your money.

Primarily comprised of the New York Stock Exchange (NYSE) and the National Association of Securities Dealers Automated Quotations (Nasdaq),the U.S. stock market adheres to a strict holiday schedule throughout the year.

 » Read more about: Stock Market Holidays: When to Expect Closures Throughout 2025  »

 » Read more about: The Smartest Growth Stock to Buy With $20 Right Now  »

Cryptocurrency is notoriously volatile. Digital asset value can swing wildly in a matter of days or hours, making them both a thrilling and high-risk investment.

The latest example is Bitcoin value eclipsing more than $100,000 for the first time in December.

 » Read more about: Investors Lost $5.8B to Cryptocurrency Scams Last Year. Here's How to Keep Your Money Safe  »

Under the proposal, state agencies would be authorized to accept cryptocurrency through a payment processor as designated by the treasurer’s office.

 » Read more about: LaRose, Sprague call on State Board of Deposit to authorize cryptocurrency payments in Ohio  »

The funds leverage the experience of Mackenzie’s global quantitative equity (GQE) team, “which aims to generate alpha and manage risk by using a holistic quantitative approach that combines human insight and data science,” the firm said in a release.

In an interview, Arup Datta, senior vice-president and head of the Mackenzie GQE team in Boston,

 » Read more about: Product roundup: Mackenzie brings four new mutual funds to market  »

BlackRock Inc. (BLK), the world’s largest asset manager, plans to convert its BlackRock GA Disciplined Volatility Equity Fund (BIDVX) and BlackRock GA Dynamic Equity Fund (BIEEX) to exchange-traded funds, according to a recent filing with the Securities and Exchange Commission (SEC).

The two equity mutual funds will be reorganized into the iShares Disciplined Volatility Equity Active ETF and the iShares Dynamic Equity Active ETF,

 » Read more about: BlackRock Files for Two More Mutual Fund-to-ETF Conversions  »

The Federal Reserve is taking a major step back from monitoring banks’ crypto activities.

In a new press release, the regulator says it is withdrawing four previous statements and letters regarding the Fed’s expectations of banking crypto activities.

“The Federal Reserve Board on Thursday announced the withdrawal of guidance for banks related to their crypto-asset and dollar token activities and related changes to its expectations for these activities.

 » Read more about: US Federal Reserve Announces Withdrawal of Guidance for Banks Concerning Crypto Activities  »

A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free here.

By now, anyone with even half an eye on the news has seen headlines about how the economy is suddenly in trouble because of President Donald Trump’s tariffs: Markets are swinging wildly,

 » Read more about: Not feeling the trade war pain yet? Get ready  »

The National Institutes of Health has announced six officials to temporarily lead agencies overseeing infectious diseases, children’s health, nursing and minority health research.

The new appointments come weeks after the agency fired several institute directors or placed them on administrative leave. Several other NIH officials have retired or quit in recent weeks,

 » Read more about: Trump’s presidency: Russia-Ukraine peace talks and trade war with China  »

Alphabet climbed 1.7 percent in its first trading after Google’s parent company reported late Thursday that its profit soared 50 percent in the beginning of 2025 from a year earlier, more than analysts expected.

 » Read more about: Big Tech carries Wall Street to the close of its winning, roller-coaster week  »