Bitcoin hasn’t bottomed yet, says BitMEX co-founder
Bitcoin is rallying. The digital tokens were priced around $7,400 on Thursday at 5:30 p.m. ET — an increase of more than 10 percent from a month ago, according to Coinbase. But Arthur Hayes, the bitcoin bull who predicted the...
Fed being ‘very aggressive’ on rates and ignoring things they shouldn’t: Ex-Dallas Fed VP
President Donald Trump has a point — the Federal Reserve is being “very aggressive” about raising interest rates, former Dallas Fed Vice President Jerry O’Driscoll told CNBC on Thursday. “They’re ignoring things they should be paying attention to like the...
After-hours buzz: SKX, COF & more
Check out the companies making headlines after the bell: Shares of Skechers plummeted more than 20 percent in extended-hours trading. The shoe company missed analysts’ earnings expectations for its second quarter, posting only 29 cents per share compared with the...
White House: Trump is not interfering with Fed policy decisions
The White House clarified statements made by President Donald Trump to CNBC about the Federal Reserve and its decision to raise interest rates this year. In a statement to CNBC, the White House said: “Of course the President respects the...
Trump lays into the Fed, says he’s ‘not thrilled’ about interest rate hikes
In a stinging and historically rare criticism, President Donald Trump expressed frustration with the Federal Reserve and said the central bank could disrupt the economic recovery. Presidents rarely intercede when it comes to the Fed, which sets the benchmark interest...
Automakers push back on EU tariff plan, saying there’s no evidence imports affect national security
Auto executives pushed back Thursday on the Trump administration’s proposal to dramatically raise tariffs on auto imports from the EU. Industry executives, testifying at the first of a two-day hearing being held by the U.S. Commerce Department, warned against the...
Copper — a metal with a history of predicting economic trouble — hits 1-year low, nears bear market
Copper prices reached their lowest levels in a year on Thursday amid concerns that a global trade war could strain global supply chains and slow down the global economy. The metal’s futures for September delivery traded as low as $2.6735...
Trump trade tactics sabotaging the economy and markets, Stephen Roach warns
Wall Street could be making a costly mistake. According to economist and Yale University senior fellow Stephen Roach, the markets are underestimating the impact from the trade war with China. “The market just thinks this is typical Donald Trump bluster,...
Fed’s banking supervisor backs new interest rate benchmark
The Federal Reserve’s banking supervisor gave his backing Thursday to a new interest rate benchmark for institutions to use when lending to each other. Fed Governor Randal Quarles, vice chairman for supervision, said banks can use the central bank’s Secured...
Leading indicators up slightly more than expected in June
The Conference Board’s Leading Economic Index increased half a percent in June, beating expectations. The index rose 0.5 percent in June, edging past expectations for a gain of 0.4 percent, according to economists polled by Reuters. This marks the eight...
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Trading education
Introduction to Basic Trendline AnalysisIn this series we will piece together the anatomy of a swing trade and discuss ... 
Daily Forex Trading Course Walkthrough: Part TwoForex Trading Course Walkthrough Talking Points: This is the second of a ten-part series in ... 
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Daily Forex Trading Course Walkthrough: Part FiveForex Trading Course Walkthrough Talking Points: This is the fifth of a ten-part series in ... |