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Wall Street
Crypto Took Wall Street on a Wild Ride. Now It’s Ending in Tears.
Cory Klippsten is a big fan of Bitcoin. But his affinity for cryptocurrencies ends there. Klippsten, head of a company called Swan Bitcoin, sees a growing minefield of scams, fraud, and risky products throughout the industry. As the…
Cramer’s week ahead: ‘Sell stocks into any rally’ as the Fed curbs any market bounce
CNBC's Jim Cramer on Friday warned investors that any upcoming market rallies will be temporary as the Federal Reserve turns up the heat in its fight against inflation."Until we see a pattern of higher unemployment, lower consumer…
Stock market news live updates: Stocks rise to recover from bear market brink
U.S. stocks rose Monday, with equities coming off a seven-week losing streak on more solid footing as investors shook off some recent volatility and digested fresh trade-related remarks from the Biden administration.The S&P 500 rose…
Nancy Pelosi makes millions off tech stocks – and scoffs at push to ban congressional
Nancy Pelosi is scrambling to quash bipartisan efforts to ban stock trading by Congressional lawmakers — even as she and her husband have raked in as much as $30 million from bets on the Big Tech firms Pelosi is…
Market-Roiling Kishida Sticks to Japan’s ‘New Capitalism’
(Bloomberg) -- After roiling financial markets with comments on capital gains taxes and share buybacks, Japanese Prime Minister Fumio Kishida returned to parliament -- and investors will be watching closely to see if he does it…
Terra’s Do Kwon Says He Has Been “Devastated” by Project’s Collapse
Alex Dovbnya
Terra’s Do Kwon claims that he has lost his entire fortune following the collapse of the Terra blockchain
In a recent interview with The Wall Street Journal, controversial Terra co-founder Do Kwon said that he was…
Goldman Sachs guidance on Build Back Better a bad economic call
When Goldman Sachs talks, people usually listen because the smart guys who run the company often make good calls on markets.
But they’ve also been wrong and it’s usually when ideology about…
Asia stocks, oil prices suffer as Omicron spreads
A man walks past a stock quotation board at a brokerage in Tokyo, Japan February 26, 2021. REUTERS/Kim Kyung-HoonRegister now for FREE unlimited access to Reuters.comRegisterAsian stock markets :Nikkei, S&P 500 futures slip 0.7% in…
Nasdaq Posts Record-Setting Losses In First Half Of 2022
The Dow Jones and Nasdaq composite remained in the negative late Thursday. But both indexes trimmed losses and traded off intraday lows, but ultimately closed lower.
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Nasdaq Lags, Small Caps Lead
At the close, the Dow Jones…
Jury in Elizabeth Holmes Trial Seized on Two ‘Smoking Guns’ to Convict Theranos Founder,
SAN JOSE, Calif.—In their second week of deliberations, jurors in the trial of Elizabeth Holmes seized on what one juror described as two “smoking guns” that sealed the fate of the Theranos Inc. founder.Huddled in a fifth-floor…