SINGAPORE — As the world’s oil traders and analysts gathered at the annual Asia Pacific Petroleum Conference in Singapore last week, the slump in oil and where it was headed was foremost in everybody’s mind.
China, the main engine driving the world’s oil demand, has been sputtering. In the International Energy...
This week was a real belt-buster on so many levels. Federal Reserve Chair Jerome Powell finally gave a portion of the market what it wanted by tossing out a 50 basis point interest rate cut.
The S&P 500 hit another all-time high and gold remains in up-only mode.
In response to...
Bitcoin shot up this week following long-expected cuts from the Federal Reserve Wednesday. The biggest digital coin is now priced at $63,125 per coin, according to CoinGecko—a more than 5% seven-day rise.
The price jump came after Jerome Powell announced that the central bank would be cutting by 50 basis...
The northern hemisphere summer has not yet officially finished, but United States natural gas markets are already sizing up supply and demand balances for this winter and the next year, and indicate that sharply higher prices may emerge.
US stocks closed mixed on Friday as rate-cut euphoria faded, but the Dow Jones Industrial Average (^DJI) managed to stay above the 42,000 level again to eke out another record close.
The S&P 500 (^GSPC) fell 0.2%...
The United States Securities and Exchange Commission (SEC) gave Nasdaq the go-ahead to list and trade shares of options for BlackRock’s spot Bitcoin exchange-traded fund, or ETF.
In a Sept. 20 notice, the SEC approved options trading for...
The U.S. Securities and Exchange Commission has approved listing and trading of options for asset manager BlackRock's spot bitcoin exchange-traded fund on the Nasdaq.
Options trading for BlackRock's fund iShares Bitcoin Trust has been approved with ticker...
Bitcoin rallied nearly 6% after the world’s largest asset manager issued a white paper highlighting the digital asset’s potential as a hedge against monetary and geopolitical risks.
BlackRock published a Bitcoin white paper on its appeal to investors as a “unique diversifier” that is detached from traditional fiscal and geopolitical...
Cryptocurrencies rose as part of a broad market rally Thursday, one day after the Federal Reserve delivered a half-percentage-point reduction in interest rates, the first in more than four years.
The price of bitcoin was recently higher by 5% at $63,255.00, according to Coin Metrics, building on a rally underway before the...
Mortgage rates continued to decline this week, taking a little more pressure off America’s tight housing market as the Federal Reserve ramps up its efforts to keep the economy on an even keel.
The standard, 30-year fixed-rate mortgage averaged 6.09% in the week ended September 19, Freddie Mac said Thursday,...
