ABU DHABI, United Arab Emirates – If one strains hard enough to listen in the humid heat of this oil-rich kingdom, one can hear the rumblings of the most profound event for global energy markets and the world economy, not only for...
Most business economists think the U.S. economy could avoid a recession next year, even if the job market ends up weakening under the weight of high interest rates, according to a survey released Monday. Only 24% of economists surveyed by the National Association for Business Economics said they see a...
For years, the U.S. government has maintained a side hustle auctioning off bitcoin and other cryptocurrencies. Historically, Uncle Sam has done a pretty lousy job of timing the market. The 500 bitcoin it sold to Riot Blockchain in 2018...
Stocks dropped on Wall Street Tuesday as House Democrats met to consider a potential impeachment probe of President Donald Trump and a report showed a drop in consumer confidence. After a higher open, stocks declined as the Conference Board,...
Howard Lutnick, the CEO of Wall Street firm Cantor Fitzgerald, has praised USDT stablecoin issuer Tether, describing himself as a “big fan” of the firm. “I’m a big fan of this stablecoin called Tether...I hold their treasuries....
Turkey will soon take steps regarding cryptocurrencies, which have become an issue of concern for many governments and central banks. A law on cryptocurrencies is ready and will soon be discussed at the national assembly, President Recep Tayyip Erdoğan...
Stocks fell on Wednesday after a weak jobs report fueled growing worries about the economy. The Dow Jones Industrial Average (DJINDICES:^DJI) and the S&P 500 (SNPINDEX:^GSPC) both lost nearly 2%. Energy stocks were particularly weak, but all sectors closed in the red.
The Bitcoin (BTC) price has fallen slightly since reaching a new yearly high of $44,730 on December 8. The BTC price grapples with a long-term horizontal and Fib resistance level, having moved above and below it numerous...
Trading platform Robinhood has announced the beta launch of its cryptocurrency wallets, which is set for mid-January. The company said 1.6 million people have signed up for the crypto wallets. Robinhood’s Crypto Wallets to Launch in Beta This Month
It’s easy to see the appeal of buying so-called growth stocks, whether they come in the form of disrupting existing markets, taking market share from competitors, or carving out an entirely new niche. But finding the market’s best growth...
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