Bitcoin rises 9% to 10-day high above $9,000
Bitcoin topped the psychologically key $9,000 level to hit a 10-day high Wednesday amid improved sentiment about government regulation. The cryptocurrency climbed 9.7 percent to $9,346, its highest since Feb. 4, according to CoinDesk’s bitcoin price index, which tracks prices...
Boeing and these other Dow stocks outperform when inflation is running hotter
Boeing and Apple are among the top performing components of the Dow Jones industrial average one week after inflation readings come in greater than expected, history shows. CNBC used Kensho, a quantitative analytics tool used by hedge funds, to look...
Whistleblowing: still a risky business
Barings Bank’s collapse, the Zeebrugge ferry disaster and the Piper Alpha oil rig explosion – it took a series of scandals and fatal tragedies for the government to finally develop regulation in 1998 to protect whistleblowers: the Public Interest Disclosure...
Insider trading is still rampant on Wall Street, two new studies suggest
Insider trading remains a rampant problem on Wall Street, with new research finding that the nation’s largest financial institutions pocket hefty sums with the help of nonpublic information. A study from the University of Cambridge and Stanford holds that well-informed...
Brazil’s devilish future?
Former president Luiz Lula da Silva at a recent rally The most striking feature of one of January’s biggest news story was the feigned surprise. No, not the exposure of the horrible and sexist goings-on at the President’s Club in...
Walmart, P&G are the Dow’s safest stocks when markets get wild
Volatility has come back with a vengeance, but there are some of the stocks that won’t turn your stomach while the rest of Wall Street is on a roller coaster. CNBC ran a study using analytics tool Kensho to find...
‘Godfather’ of technical analysis Acampora says market is ‘bottoming out’ so buy bank stocks
One of Wall Street’s most experienced analysts says the equity market is “bottoming out” and recommends investors take a hard look at financial stocks. The so-called godfather of technical analysis, Ralph Acampora, shared his views on last week’s big equity...
The fastest stock market correction ever may not necessarily mean an equally speedy rebound
U.S. stocks may take some time to recover from their violent plunge in the last two weeks, if history is any guide. The S&P 500 dropped 10 percent into correction territory in just nine trading days, the fastest on record...
Goldman back in the 1MDB swamp after Leissner and Ng charges
The charges unsealed by the US Department of Justice (DoJ) around the 1MDB scandal on Thursday drag Goldman Sachs right back into the mire it has spent the past few years deftly escaping. It’s not just the fact that two...
BNPP and French ECM: a tough year gets a bit better
The latest French government sale of shares in engine-maker Safran could not have come at a better time for BNP Paribas, which has got some serious work to do if it wants to get close to the top of the...
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