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MicroStrategy buys $2 billion in bitcoin in 10 days. Is there $42 billion to go?

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Shares of MicroStrategy Inc. entered record territory Monday for the first time in 24 years, as the self-proclaimed largest corporate holder of bitcoin continued to ride the postelection frenzy in cryptocurrency plays.

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U.S. industrial output battered for second month by Boeing strike, hurricanes

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Industrial production fell 0.3% in October, held down by the Boeing strike and the impact of hurricanes Milton and Helene, the Federal Reserve reported Friday.

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Manufacturing activity surges in New York region to highest level in nearly three years

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The New York Federal Reserve’s Empire State business conditions index, a gauge of manufacturing activity in the state, surged 43.1 points in November to 31.2, the regional Fed bank said Friday. It is the highest level in nearly three years.

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Oil prices head for weekly fall on surging U.S. dollar, soft China demand

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Oil futures were slightly lower Friday and on track for weekly losses, plagued by a jump in the U.S. dollar and continued worries over demand from China, the world’s largest crude importer.

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