Ex-Fed Chairman Alan Greenspan: ‘We are in a bond market bubble’ that’s beginning to unwind
Former Federal Reserve Chariman Alan Greenspan told CNBC on Thursday the decadeslong bull market in bond prices is coming to an end. “We are in a bond market bubble” that’s beginning to unwind, he said on “Squawk on the Street,”...
Overstock.com drops 10% after revealing SEC investigation into cryptocurrency token sale
Shares of Overstock.com dropped more than 10 percent in pre-market trading Thursday after the e-commerce retailer that’s developed cryprocurrency operations in the last year disclosed that the Securities and Exchange Commission is investigating the firm over digital tokens. “In February...
Overstock.com drops after revealing SEC investigation into cryptocurrency token sale
Shares of Overstock.com fell Thursday after the e-commerce retailer that’s announced cryptocurrency operations in the last year disclosed the Securities and Exchange Commission is investigating the firm over digital tokens. In an 8-K filing Thursday with the commission, Overstock said...
Watch steel stocks pop, fall, then rebound as Trump’s trade tariff battle plays out in real time
Steel and aluminum stocks traded in a wide range Thursday as a battle between President Donald Trump and his advisors on the implementation of tariffs played out in real time. Shares of U.S. Steel closed up 5.8 percent, while AK...
Don’t make this bitcoin investing mistake, warns fund manager who’s nearly all-in on cryptocurrencies
Bitcoin bull and hedge fund manager Brian Kelly says the key to building a portfolio of digital currencies is first understanding the crypto universe. “Bitcoin is just the biggest of literally thousands of cryptocurrencies,” the founder of BK Capital Management...
CFTC’s concerns about FX industry annoy pros
In a speech to the TradeTech FX conference, Andrew Busch – who was named the Commodity Futures Trading Commission’s (CFTC) first chief market intelligence officer less than 12 months ago – said the CFTC was concerned about loss of liquidity...
This index shows enthusiasm for the economy is getting out of hand
While Federal Reserve Chairman Jerome Powell talks up the strength of the U.S. economy, growth expectations appear to have gotten a little out of hand. Wednesday’s report that GDP increased 2.5 percent in the fourth quarter — a notch lower...
Amazon-coin? Most customers would use a cryptocurrency if online retailer creates one: Survey
As Amazon continues its rapid expansion into groceries, health care and more, it may next want to disrupt the banking system, new research indicates. More than half of Amazon shoppers would embrace using an Amazon-created cryptocurrency on the site, according...
Gun stocks close at multiyear lows after Trump tells lawmakers to raise purchase age
Shares of gun makers Sturm, Ruger & Co. and American Outdoor Brands — formerly Smith & Wesson — fell to multiyear lows Wednesday after Dick’s Sporting Goods announced that it will no longer sell assault-style rifles and President Donald Trump...
Circle acquisition of Poloniex is just the beginning of likely consolidation in crypto
News Monday that digital payments company Circle has bought cryptocurrency exchange Poloniex is stirring speculation of more acquisitions in the young digital currency world. “I think this is a really good sign for the industry. It shows that a lot...
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