commodity
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Another key U.S. inflation gauge surges in April and hits 13-year high
The numbers: A key barometer of inflation leaped again in April and by one measure hit a 13-year high, reflecting…
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Bitcoin is ‘impossible to shut down’, says Ark’s Cathie Wood
It is “impossible [for regulators] to shut [bitcoin] down” and regulators will become “a little more friendly over time” towards…
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10-year Treasury yield rises back above 1.60% as investors weigh data, $6 trillion budget proposal
U.S. Treasurys sold off and yields climbed on Thursday as economic reports on balance confirmed a healthy economic recovery from…
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GameStop stalls, AMC soars in rare divergence — short interest might hold the key
After posting almost identical charts for weeks, the two biggest names in meme stocks are suddenly no longer twinning, and…
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Bitcoin no longer ‘fringe asset’ — stock-market volatility rises after crypto’s ‘extreme’ moves, study says
Like it or not, stock-market traders need to keep an eye on bitcoin prices or risk getting whipsawed when the…
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Archegos wipes off $6bn from top banks’ stock trading units in first quarter
The implosion of family office Archegos Capital wiped off more than $6bn from the world’s largest investment banks’ equities business,…
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‘Meme stock’ ETF targets retail investor boom
An exchange-traded fund that offers investors exposure to meme assets, and all the trending investments that social media has to…
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US banking chiefs to urge need for controls in cryptocurrency sector
The chief executives of major US banks including Citigroup and Bank of America have expressed their caution about cryptocurrencies in written…
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Watchdog orders crypto app Luno to halt ‘misleading’ London bus and Tube ads
The Advertising Standards Authority has ruled that advertisements for cryptocurrency exchange service Luno took advantage of consumers’ lack of experience. The…
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Home prices rise at fastest pace since 2005 — here’s where they soared the most
The numbers: Home price gains continue to accelerate, reflecting the significant imbalance between the supply and demand for housing across…
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There’s a new ETF for stock-market FOMO
An exchange-traded fund that offers investors exposure to meme assets, and all the trending investments that social media has to…
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Crypto ‘Wild West’ needs taming ahead of a UK bitcoin ETF
The outlook for the UK to approve a bitcoin exchange traded fund in the near future is opaque at best,…
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HSBC has no plans to get into crypto, boss Noel Quinn says
HSBC is staying away from the cryptocurrency trading game, despite a number of its rivals planning to enter the space.…
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Don’t be a sitting duck when this stock market rally fades — here’s what you should do now
Stock investors got a dose of harsh reality earlier this month when the major US market indexes declined and took…
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Oil higher, taking cue from stock market as dollar weakens
Oil futures were higher Monday, with crude taking a cue from a positive tone for equities and a softer U.S.…
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Here’s why bitcoin dipped — and what crypto bulls think about it
Bitcoin took a beating over the weekend as China stepped up its curbs on cryptocurrency trading, falling almost 50% from…
Read More » - Health
Green Finance Goes Mainstream, Lining Up Trillions Behind Global Energy Transition
Some of the world’s biggest companies and deepest-pocketed investors are lining up trillions of dollars to finance a shift away…
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Flash U.S. PMI points to ‘spectacular acceleration of growth’ in May
The numbers: The flash reading of the IHS Market U.S. composite purchasing managers index rose to a record high 68.1…
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Why companies like crypto platform Coinbase are issuing a torrent of convertible bonds
Companies issued a torrent of convertible bonds since the pandemic hit, even before Coinbase Global Inc. brought out its own…
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Bitcoin’s value ‘entirely based on wishful thinking’, says Deutsche Bank
The value of bitcoin is “entirely based on wishful thinking”, Deutsche Bank has said in a note to clients, adding…
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These energy stocks are expected by Wall Street to rise up to 37% over the next year
Despite the doom and gloom in the financial media over the past week, 2021 has been a good year for…
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Bond trading ‘cartel’ lands Nomura, UBS and UniCredit with €371m fine
A raft of investment banks have been hit with multimillion euro fines after the EU Commission found traders had operated…
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Oprah’s Oatly IPO fetches $17 a share, $10bn valuation
Oatly’s IPO raised $1.43bn, and the $17 price tag — first reported by The Wall Street Journal — gave the celebrity-backed…
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Dow off 250 points after Fed minutes show officials debating inflation risk
U.S. stocks on Wednesday remained down, but off session lows, after the release of minutes from the Federal Reserve’s latest…
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Opinion: Jack Bogle’s ghost warns about 401(k)s
Retirement investors have never had it so good. For a decade now individual retirement accounts and company 401(k) plans have…
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Bitcoin’s chances of topping $100k tumble as crypto bulls flee
The likelihood of bitcoin reaching $100,000 before the end of 2021 has narrowed on the back of a mass sell-off…
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This signal is telling investors that highflying stocks are ready to fall back to Earth, says fund manager
It has been a good year for value investors. The Russell 1000 value index RLV, -0.93% has gained 17%, while…
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Oil trades above $70 a barrel on reopening optimism
Oil futures rose Tuesday, with the global benchmark, Brent crude, briefly pushing above the $70-a-barrel threshold for the first time…
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Elon Musk reveals Tesla is still holding bitcoin as crypto price crashes
Tesla boss Elon Musk has clarified that the electric vehicle manufacturer has not sold any of its bitcoin holdings, after…
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These growth companies may be primed for massive stock buybacks
Economists’ projections for an incredible U.S. rebound in 2021 are coming true. In the stock market, this year may go…
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Bitcoin, dogecoin lead wipeout of over half a trillion dollars in manic Monday for crypto
The air is leaking out of the crypto complex, highlighted by declines in popular trades, including bitcoin, dogecoin and crypto…
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El-Erian on why Elon Musk tweets have ‘shaken’ the bitcoin dynamic
Mohamed El-Erian, chief economic adviser to Allianz, says the recent slump in bitcoin’s price is a sign that the cryptocurrency…
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New York factory activity stays strong in May as prices keep rising
The numbers: The Empire State Manufacturing Index slipped to a reading of 24.3 in May from 26.3 in April, which…
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Rather than ‘Will cryptos drop to zero?’, investors should be asking this question instead, says strategist
Stocks are looking up at the end of a volatile week for both equities and cryptocurrencies. Keeping the newsflow going…
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Dogecoin prices surge 40% higher but here’s one sign the crypto is headed for a lasting breakout, analysts say
Here’s how to tell if dogecoin’s rebound is more bark than bite, according to technical analysts following the popular crypto.…
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U.S. stocks jump, even as retail sales data comes in weaker than expected
U.S. stocks were up around midday Friday as investors took a weaker-than-expected reading of April retail sales in stride, shaking…
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Elon Musk’s U-turn on accepting bitcoin for Tesla payments kicks down crypto’s price
The price of Bitcoin fell steeply to dip below $50,000 after Tesla chief executive Elon Musk said over Twitter the…
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Fund manager heavyweights fret over ‘worrying’ inflation threat
The prospect of rising inflation has spooked investors, with European stocks following a sell-off on Wall Street sparked by a…
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Square has ‘no plans’ to buy more bitcoin after $20m loss
Payments fintech Square said it has no plans to buy more bitcoin for its corporate treasuries, after losing $20m on…
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Sensex ends 2-day losing streak, mid-, smallcaps underperform; here’s what analysts make of today’s trade
The nifty index closed below 50-Days SMA and a falling trendline, which suggests a downside move for the near term,…
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Here’s how the five biggest cryptocurrencies have performed in 2021
Amid a backdrop of massive government stimulus and rock-bottom interest rates, cryptocurrencies have been experiencing a boom. The prices of the…
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Elon Musk working with dogecoin developers after Tesla suspends bitcoin payments
Elon Musk is working with dogecoin developers to improve its efficiency after his electric car company Tesla suspended payments in…
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ETF Wrap: Is a new ‘crypto’ fund the long-awaited bitcoin ETF in disguise
Hello, again: Thanks for all the feedback from last week’s ETF Wrap. Please, keep it coming. The Holy Grail for…
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Elon Musk tweets about Dogecoin, and prices immediately jump
A day after revealing that Tesla Inc. would stop accepting bitcoin as payment for its cars, Tesla Chief Executive Elon…
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U.S. stock futures mostly lower after rout triggered by inflation fears
U.S. stock-index futures pointed to a mixed start for U.S. equities Thursday, a day after hot inflation data sent the…
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Tesla stock and bitcoin drop after Elon Musk says car sales with crypto will be halted due to energy usage of mining
Tesla Inc. will halt sales of cars using bitcoin due to the effects on the environment that cryptocurrency mining can…
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Ether passes JPMorgan and Visa to record $500bn market cap milestone
Ether has reached a market capitalisation of more than $500bn, making the cryptocurrency worth more than financial heavyweights like JPMorgan and…
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These ‘panic events’ could soon spell relief for stock markets, says top strategist Thomas Lee
The clock is ticking down to a big reading on U.S. inflation, a red-hot topic for markets. Ahead of that,…
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Gas prices are ticking up after the Colonial Pipeline ransomware attack — here’s where drivers will be most affected
Just ahead of Memorial Day weekend — a time when families may be itching to get out and greet summer…
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Here’s what the Colonial Pipeline cyberattack means for energy markets
The operator of the largest fuel pipeline system in the U.S. is aiming to “substantially” restore operational service by the…
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