Tether is the third-biggest cryptocurrency in the world by market value. And it’s got some economists — including an official at the U.S. Federal Reserve — worried.
Last month, Boston Fed President Eric Rosengren raised the alarm about tether, calling it...
Federal Reserve officials talked tapering at their most recent meeting, but few seemed in a rush to get the process going, according to minutes released Wednesday.
The Federal Open Market Committee’s June 15-16 meeting summary provided only a few...
Disagreement within OPEC could trigger a more a volatile period for oil, with prices jumping on lack of new supply or sinking suddenly if member countries decide to release crude independently.
Oil prices initially surged to a six-year high...
China’s central bank said Tuesday it had called for the shutdown of a company that “was suspected of providing software services for virtual currency transactions.” The statement, issued by the Beijing office of the People’s Bank of China, also warned institutions not to...
The fossil fuel power plant that a private equity firm revived to mine bitcoin is at it again. Not content to just pollute the atmosphere in pursuit of a volatile crypto asset with little real-world utility, this experiment in free marketeering is...
Glauber Contessoto took a big risk on dogecoin, a meme-inspired cryptocurrency that began as a joke, earlier this year.
Between his savings and borrowed funds, Contessoto says that he invested over $250,000 in dogecoin on February 5 when it...
Disagreement within OPEC could trigger a more a volatile period for oil, with prices jumping on lack of new supply or sinking suddenly if member countries decide to release crude independently.
Oil prices initially surged to a six-year high...
Stock Markets
The stock market gained upward momentum with both the broad S&P 500 Index and the tech=heavy Nasdaq Composite Index closing a fifth successive quarterly rise. The Russell 1000 Growth Index saw an eighth straight weekly gain as...
The stock market is entering the danger zone, according to one often overlooked measure of equities valuation.
At its current level of 38 times, the Shiller P/E Ratio is nearing the peak (44 times) seen at the height just...
Gary Lachance has a knack for getting people to help him out. One of the co-inventors of the Decentralized Dance Party (DDP) – a roving celebration powered by a radio transmitter, hundreds of boomboxes and thousands of dancers – he never struggled...
