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3 mins read
Market mayhem has calmed down. Here's what went down — and why more chaos may be coming.
Fresh fears of a recession, a Japanese interest-rate hike, and declining asset valuations rattled i…
Theron Mohamed
2 mins read
Stock market today: Indexes jump as post-election rally continues ahead of inflation data
October's CPI report will be released on Wednesday. The Trump trade continued to rally in the new w…
Matthew Fox
2 mins read
Stock market today: Stocks end lower as markets brace for Powell's Jackson Hole speech
Indexes fell Thursday as investors wait for comments on rate cuts and the economy from Jerome Powel…
Kelly Cloonan
2 mins read
'Big Short' investor Michael Burry boosts Alibaba, Baidu, and JD.com bets as he doubles down on China
Michael Burry's Scion Asset Management ramped up its bets on three Chinese tech giants but also hed…
Theron Mohamed
2 mins read
Binance CEO pleads guilty, steps down and agrees to pay $4.3 bn in fines
Binance Founder Changpeng Zhao (also known as CZ) on Wednesday announced that he will step down as …
2 mins read
Bitcoin tumbles as risk assets plunge in global market rout
Bitcoin and ethereum dropped amid a global market rout on Monday, fueled by US economic worries fol…
Kelly Cloonan
3 mins read
Stock market today: Indexes edge up ahead of major Fed interest rate decision
Markets are pricing in with certainty that the Fed will deliver a rate cut this afternoon, the firs…
Jennifer Sor
1 min read
China is Binance's biggest market despite its ban on cryptocurrency trading, report says
Crypto assets worth $90 billion were traded on Binance in China in May, The Wall Street Journal rep…
Joseph Wilkins
3 mins read
Gold boosts returns and lowers risk, while Bitcoin heightens volatility, says World Gold Council
Gold, a time-tested asset known for its stability, has long been a safe haven during market downtur…
ANI
8 mins read
The stock market is entering a prolonged period of chaos — and that's a good thing
Wall Street is worried about a recession, which means investors are paying closer attention to what…
Linette Lopez
1 min read
Bitcoin ETFs lost $1.2 billion in 8 days as markets swing amid latest economic data
Bitcoin ETFs faced net outflows for eight straight days as iInvestors shed risky assets after the l…
Kelly Cloonan
2 mins read
Coinbase surges 14% after outlining plan to slow down hiring during crypto market downturn
"We know this is a confusing time and that market downturns can feel scary," the crypto exchange wr…
Carla Mozée
2 mins read
Crypto.com coin tumbles 17% after the digital currencies exchange cuts down rewards to cardholders
Changes to the CRO Card rewards program will "ensure long-term sustainability," the crypto exchange…
Carla Mozée
2 mins read
Bitcoin is sending a warning that the stock market is about to sell off, Stifel says
Stifel said Nvidia stock could feel the most pain if the stock market experiences a correction late…
Matthew Fox
1 min read
MicroStrategy extends 2-day decline to 30% as bitcoin melts down and SEC rejects its crypto accounting
MicroStrategy has bought 124,391 bitcoin at an average price of $30,159, which is just 10% below bi…
Matthew Fox
1 min read
Binance says it's trying to hunt down the Squid Game crypto token scammers
Binance, one of the largest crypto exchanges, has set up a team to try and track down the Squid Gam…