Bitcoin has fallen double digits over the last week amid a slew of bad news, and one strategist said this loss of momentum could prove negative for the cryptocurrency in the near term. Boris Schlossberg, managing director of foreign exchange strategy at BK Asset Management, told CNBC's "Trading Nation" that...
A gauge of world stock markets slipped on Thursday, pausing after notching a run of record highs, as a decline in Boeing and interest-rate sensitive sectors such as utilities and real estate weighed on U.S. equities. Shares on Wall Street took a breather after the strongest performance of the year...
The housing picture is likely to improve in 2018: Home prices are expected to climb, but not as fast More houses could be for sale toward the end of the year, giving home buyers a greater selection to choose from Homeowners will have more equity to borrow from Yet in...
The stock market is on fire. The Dow just zoomed another 300 points and closed above 26,000 for the first time. The latest rush to buy stocks left the average up almost 8,000 points since President Trump's 2016 election. The rally on Wednesday gave the Dow its best percentage gain since...
After 22 consecutive quarters of year-over-year drops, IBM sales expected to gain Software and cloud growth are expected to be key in turning around years of revenue declines at International Business Machines Corp. when Big Blue reports earnings Thursday. IBM is scheduled to report fourth-quarter results after the closing bell on Thursday,...
Facebook Inc (FB.O) said on Wednesday it would conduct a new, comprehensive search of its records for possible propaganda that Russian operatives may have spread during the run-up to Britain’s 2016 referendum on EU membership. “We would like to carry out this work promptly and estimate it will take a...
Bank announces in Paris it ‘will no longer finance upstream oil and gas’ after 2019 in response to threat posed by climate change The World Bank will end its financial support for oil and gas extraction within the next two years in response to the growing threat posed by climate...
So much for 2018 being different than 2017. Anyone who expected the new year to bring about a new market environment has been sorely mistaken. The year is still extremely young and anything can happen in the coming months―but at least through the first week of 2018, almost nothing...
Hedging to some may be complex and the traditional instruments are difficult to access, if not altogether beyond their reach. That’s why when the US Securities and Exchange Commission approved binary options in 2008, retail traders jumped in for the chance to engage in hedging that is at once...