The stock market may not literally be the economy, but the distinction between the two is getting increasingly harder to draw. With household ownership of stocks scaling new heights and the destiny of companies — particularly in the innovative tech sector — tied to their share prices, the fates of...
Bitcoin is off nearly 55% from its November peak, and 40% of holders are now underwater on their investments, according to new data from Glassnode. That percentage is even higher when you isolate for the short-term holders who got skin in the game in the last six months when the...
The Federal Reserve warned of deteriorating liquidity conditions across key financial markets amid rising risks from the war in Ukraine, monetary tightening and high inflation in a semi-annual report published Monday. “According to some measures, market liquidity has declined since late 2021 in the markets for recently-issued U.S. cash Treasury...
SINGAPORE — Shares in Asia-Pacific fell on Monday as investors watched for market reaction to Chinese trade data that came in better-than-expected. In Japan, the Nikkei 225 fell 2.35%, leading losses among the region’s major markets as...
The dollar began the week on a strong footing, buttressed by sharply rising U.S. yields and by investors’ tilt toward safety as lockdowns in China, war on the edge of Europe and fear about higher interest rates sent a nervous jolt...
Crypto prices continued to drop this weekend, wiping over $200 billion off the total market cap in just a few days. The crypto market initially made a surprise rally in response to what was the Fed's biggest rate hike since 2000....
Bitcoin continued to slide after a broader stock sell-off in the U.S. last week sent the cryptocurrency market into a frenzy and prompted bitcoin to plummet by roughly 10%. Bitcoin, the world’s largest digital currency by market...
Stocks lost ground in choppy trading on Friday as investors struggled to find a floor after a dramatic week that saw the Dow Jones Industrial Average post both its best and worst days since 2020. The S&P 500 shed 0.57% to close at 4,123.34, while the Nasdaq Composite fell 1.40%...
The Organisation of Petroleum Exporting Countries and its partners in OPEC+ led by Russia decided this week they would not increase their target production figure for next month. Effectively, OPEC+ slapped the EU in the face, as this decision means no additional oil is coming to Europe to replace...
Bitcoin continued its slide this week, falling losing nearly 9% on Thursday and Friday amid a broader selloff in financial markets. The cryptocurrency traded Friday at just under $36,000 and is down 18% over the last month, according to Coinbase. Other major digital currencies have also pulled back sharply. Here's what...
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