Shiba inu coin, a meme-based cryptocurrency that is based off another meme-based cryptocurrency that makes fun of cryptocurrencies altogether, soared more than 20% on Tuesday to hit a record high of $0.00004853, according to data from CoinMarketCap. The move...
There are signs that price growth could be cooling off in the otherwise red-hot housing market. Prices rose 19.8% year over year in August, which was the same as the previous month, according to the S&P CoreLogic Case-Shiller Indices....
U.S. stocks climbed to record levels on Tuesday as major corporations continued to turn in solid quarterly results, but major averages closed off their highs of the day with some major tech names rolling over. The Dow Jones Industrial...
As people lose confidence in the government institutions, bitcoin could benefit and rise to become the world's reserve currency, Senator Rand Paul said. "I've started to question now whether or not cryptocurrency could actually become the reserve currency of...
Despite the ever scary inflation headlines, the Dow Jones Industrial Average (^DJI) and S&P 500 (^GSPC) are flirting with record highs. That's counter to prevailing wisdom, right? On paper, increasing inflationary pressure brought on mostly from...
The Central Bank of Nigeria joined a growing list of emerging markets betting on digital money to cut transaction costs and boost participation in the formal financial system. “Nigeria has become the first country in Africa, and one of...
As supply-chain bottlenecks persist, investors are preparing for backlogs to continue into next year, and that’s fueling concerns of even higher inflation. “The biggest risk that we have right now is that inflation expectations become unanchored,” Katie Nixon, Northern...
New home prices in China slid 0.8% in September. It was the country’s first real estate decline in six years, triggered largely by the Evergrande fiasco. Residential sales, meanwhile, tumbled 17%. Given China’s massive role in...
Stock futures edged higher in early morning trading Monday after the Dow Jones Industrial Average notched its third positive week in a row at a record high. Dow futures rose 18 points. S&P 500 futures and Nasdaq 100 futures...
This week marked a milestone for cryptocurrency as investors started trading the first U.S. bitcoin futures exchange-traded fund, exceeding other ETF launches, and another followed Friday. These funds invest in bitcoin futures contracts, or agreements to buy or sell...
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