Forex news, Company news, Analysis

S&P 500 snaps its longest streak ever without back-to-back 0.5 percent declines

The S&P 500 concluded Tuesday its longest stretch ever without back-to-back declines of at least half a percent. The broad index went 310 trading days without consecutive pullbacks of that ...
Read More

This chart of surging US health-care costs explains why these titans of business are getting involved

Warren Buffett, Jeff Bezos and Jamie Dimon are launching their new health care initiative because health care costs are soaring for millions of their employees and Americans overall. The average ...
Read More

Bitcoin drops 12%, falls below $10,000 amid broad cryptocurrency sell-off

Digital currency bitcoin fell Tuesday as the 20 largest digital currencies by market capitalization all declined, according to CoinMarketCap. Bitcoin traded 12 percent lower near $9,817 as of 1:19 p.m ...
Read More

Most of the tax cut windfall will boost buybacks and dividends, not workers’ pockets, survey predicts

Forecasters are more optimistic now about the effects of tax cuts on economic growth, they but don't see workers pocketing much of the windfall. Respondents to the CNBC Fed Survey ...
Read More

Fed will be forced to raise rates more rapidly than expected because of accelerating economy, survey says

Wall Street is looking for more economic growth this year, boosted by recently adopted tax cuts, but also more interest rate hikes from the Federal Reserve. Respondents to the CNBC ...
Read More

Goldman, these other Dow stocks may win if rates keep shooting higher

The jump in the 10-year Treasury yield to its highest in more than three years signals gains for big banks and technology stocks, history shows. Using quantitative analysis tool Kensho, ...
Read More

Goldman Sachs sees ‘high probability’ of a stock market correction in the coming months

Goldman Sachs believes "correction signals are flashing" and is advising its clients to prepare for a correction in the coming months as investors pour cash into the stock market. "Whatever ...
Read More

Ray Dalio made $50 billion for his clients, topping list of biggest hedge fund moneymakers ever

Ray Dalio's Bridgewater Associates has the biggest cumulative net profit for a hedge fund firm ever, according to data from LCH Investments. Dalio's firm led the list with a nearly ...
Read More

Investors rush into new ‘blockchain’ ETFs, pouring in $240 million in a single week

The cryptocurrency craze is finally flowing into the exchange-traded funds business. Investors poured about $240 million into two blockchain-focused ETFs since their launch last week, according to the latest available ...
Read More

Stock trading app Robinhood to launch bitcoin, ethereum trading in five states

Stock trading app Robinhood is becoming a cryptocurrency broker. Customers in California, Massachusetts, Missouri, Montana and New Hampshire will be able to trade bitcoin and ethereum through the app beginning ...
Read More

Brazilian stocks are surging right now after court upholds ex-president Lula’s conviction

Brazilian stocks jumped on Wednesday after an appeals court upheld a corruption conviction for former President Luiz Inacio Lula da Silva. If Lula is barred from the election, current President ...
Read More