October 11, 2018

After President Donald Trump attacked the Federal Reserve over its interest rate hikes on Wednesday, senior officials and banking chiefs have raced to defend the U.S. central bank and its chairman, Jerome Powell. In the context of a Wall Street […]

October 10, 2018

Gold futures prices slipped Wednesday as elevated bond yields hovered near their steepest since 2011 and the dollar index traded slightly higher. December gold GCZ8, -0.14% was down $1.20, or 0.1%, at $1,190.30 an ounce, nearing a revisit of the […]

October 10, 2018

In the world of Bitcoin, mysterious “whales”—individuals who own large hoards of the digital currency—have long been a source of speculation and anxiety. Now, new research sheds light on the identity of the whales and their impact on the market. […]

October 10, 2018

Global shares were mixed in muted trading Wednesday amid continuing worries about trade tensions and slowing global economic growth. KEEPING SCORE: France’s CAC 40 shed 0.5 percent in early trading to 5,292.91, while Germany’s DAX fell nearly 0.3 percent at […]

October 9, 2018

Skype is now letting Windows 10 users send money over the service via PayPal, albeit with the feature only in testing at the moment. However, the capability should be coming to the release version of Skype soon enough. Previously, this […]

October 9, 2018

I’ll get to them shortly. But first, a question: Why does the fintech world still think that only millennials would be interested in their offerings or, more to the point, why are the creators developing products almost exclusively for people […]

October 9, 2018

European and Asian markets are mixed after the International Monetary Fund lowered its outlook for the world economy, citing the impact of rising interest rates and trade tensions. KEEPING SCORE: Germany’s DAX lost 0.1 percent to 11,930.66 while the CAC […]

October 8, 2018

U.S. stock indexes were lower on Monday, pressured by a drop in technology and energy companies and muted appetite for equities after last week’s spike in Treasury yields following healthy economic data. Six of the 11 major S&P sectors were […]

October 5, 2018

President Donald Trump’s corporate tax cut and his business deregulation efforts are not just an economic “sugar high,” former Federal Reserve governor Kevin Warsh argued on CNBC Thursday. Most economists “never thought the economy could grow this fast,” said Warsh, […]

October 4, 2018

Snap’s user engagement will decline as the messaging app’s customers move to other platforms, according to Evercore ISI. The firm lowered its price target to $7 from $9 for Snap shares, citing the competitive threat from Facebook’s Instagram. The company’s […]