PayPal launches its cryptocurrency service in the UK
PayPal has launched its cryptocurrency service in the U.K. PayPal LONDON — PayPal is launching its cryptocurrency service in the U.K. The U.S. online payments giant said Monday it would let British customers buy, hold and sell digital currencies, starting...
Fed’s Jackson Hole symposium to take place virtually due to Covid risk
The Federal Reserve’s annual Jackson Hole, Wyo., symposium will take place virtually this year due to Covid risks, the Kansas City Fed announced Friday. “While we are disappointed that health conditions will prevent us from being able to gather in...
August is usually volatile for the market, but the Fed is a wild card and could agitate things further
A trader works on the floor at the New York Stock Exchange (NYSE) in New York, August 20, 2021. Andrew Kelly | Reuters The markets: It’s August, but it’s also Covid. Normal August trading flows are being greatly complicated by...
Stocks making the biggest moves premarket: Deere, Foot Locker, Buckle, Spotify and more
Check out the companies making headlines before the bell: Deere (DE) – The heavy equipment maker reported quarterly earnings of $5.32 per share, compared with a consensus estimate of $4.58, and its revenue beat forecasts as well. Deere was up...
Chinese regulators meet with developer Evergrande as scrutiny on real estate grows
A banner promoting the Emerald Bay residential project outside the China Evergrande Centre in the Wan Chai area of Hong Kong, China, on Friday, July 23, 2021. Lam Yik | Bloomberg | Getty Images BEIJING — Chinese authorities called for...
Charles Schwab to give most employees 5% raise for pandemic work
A pedestrian passes in front of a Charles Schwab Corp. bank branch in downtown Chicago, Illinois. Christopher Dilts | Bloomberg | Getty Images Brokerage Charles Schwab is giving most of its employees a special 5% pay raise as record stock...
Jobless claims hit new pandemic-era low in a sign of hope for the employment picture
First-time filings for unemployment insurance hit a pandemic-era low last week, a sign that the jobs market is improving heading into the fall despite worries over the delta Covid variant. Jobless claims for the week ended Aug. 14 totaled 348,000,...
Hard lesson for U.S. investors: Chinese companies don’t make the rules in China
Beijing office towers, including Alibaba’s, are illuminated with Chinese characters reading ‘blessing to China’ to celebrate National Day in October 2020. Zang Zhihao | Visual China Group | Getty Images BEIJING — American investors’ shock at an ongoing regulatory crackdown...
Federal Reserve preparing for taper this year, July minutes show
Federal Reserve officials at their July gathering made plans to pull back the pace of their monthly bond purchases likely before the end of the year, meeting minutes released Wednesday indicated. However, the summary of the July 27-28 Federal Open...
Mortgage rates hit their highest level in a month, and weekly demand drops
Prospective home buyers arrive to tour a house for sale in Dunlap, Illinois. Daniel Acker | Bloomberg | Getty Images Borrowers backed away from the mortgage market last week, as higher interest rates chilled a recent revival in refinances. The...
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Introduction to Basic Trendline AnalysisIn this series we will piece together the anatomy of a swing trade and discuss ... 
DailyFX Forex Trading Course Walkthrough: Part TwoForex Trading Course Walkthrough Talking Points:This is the second of a ten-part series in which ... 
Forex Trading Truth or Lie? Uncovering the Truths of FX TradingDo you know the truths about forex trading?Traders face a barrage of information when they ... 
DailyFX Forex Trading Course Walkthrough: Part FiveForex Trading Course Walkthrough Talking Points:This is the fifth of a ten-part series in which ... |