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Markets-Economics

Bitcoin Surges Most Since December After Breaching Key Levels

April 12, 2018-9:54 pm Stevie 0

Bloomberg Bitcoin’s back. At least for one day. The biggest cryptocurrency climbed 12 percent as of 5 p.m. in New York, piercing both the $7,000 and the $8,000 levels in less than an hour early […]

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Markets-Economics

FANG Stocks Tumble 6% in Unprecedented Selloff

March 27, 2018-7:43 pm Stevie 0

Bloomberg The market’s darlings just suffered their worst day in at least three years. The NYSE FANG+ index, tracking the FANG block and its megacap brethren, tumbled 5.6 percent in the biggest rout in data […]

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Markets-Economics

3 Reasons Why the Dow Jones Industrial Just Got Smashed to Pieces

March 22, 2018-9:33 pm Stevie 0

The Street So much for the market’s rally off the February correction lows. Investors now appear to be adjusting to several new realities. It’s time to grab a stiff drink, maybe 10 of them. The Dow […]

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Markets-Economics

Trump’s Trade War Wreaks Havoc on Two of the Most Volatile Tariff Stocks

March 22, 2018-9:18 pm Stevie 0

Bloomberg President Donald Trump’s so called “trade war” with China has broader equity marketsrunning scared and is wreaking havoc on aluminum and steel stocks. Century Aluminum Co. and United States Steel Corp. are two of the most […]

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Markets-Economics

Peter Thiel Is Bullish on Bitcoin, the Heartland and Trump

March 18, 2018-9:35 pm Stevie 0

Bloomberg Billionaire investor Peter Thiel praised Bitcoin and U.S. President Donald Trump while criticizing big, liberal-leaning cities and Democrats during a talk at the Economic Club of New York. The Facebook Inc. board member on Thursday said Bitcoin will […]

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Markets-Economics

Bitcoin Slumps to One-Month Low After Google Plans Cryptocurrency Ad Ban

March 14, 2018-7:33 am Stevie 0

The Street Google will follow Facebook in banning ads for digital currency trading on its platforms as regulatory oversight in the $360 billion market continues to tighten. Bitcoin prices fell to the lowest levels in […]

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Markets-Economics

US Futures Gain as Markets Shrug Off Trade War Concerns Following Tillerson Exit

March 14, 2018-7:28 am Stevie 0

The Street Reports of a new set of tariffs on China, alongside the firing of Secretary of State Rex Tillerson, has investors concerned over the potential of a damaging trade war as President Donald Trump […]

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Markets-Economics

Here’s what key US trading partners stand to lose from Trump’s tariffs — and how they may retaliate

March 9, 2018-5:30 am Stevie 0

Business Insider Trump’s import tariffs are here. The president confirmed this morning that the US will roll out tariffs on steel and aluminum — of 25% and 10% respectively — effective from March 23. Research from […]

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Markets-Economics

Global Stocks Mixed in Cautious Reaction to North Korea Summit, U.S. Tariff Move

March 9, 2018-5:25 am Stevie 0

The Street President Donald Trump’s plans to meet North Korea’s Kim Jong-Un has boosted markets in Asia, but concerns over a potential trade war following last night’s decision on steel tariffs has investors in a […]

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Markets-Economics

Stock Futures Tank as Gary Cohn’s White House Exit Triggers Trade War Fears

March 7, 2018-6:43 am Stevie 0

The Street There goes those profits from last week. Wall Street is braced for heavy selling at the opening bell Wednesday as global investors fret over an escalating trade war after a key economic adviser to President […]

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