Pork prices surged an eye-watering 20.2% according to the National Bureau of Statistics, even as producer price inflation slowed to 4.2% in July, from 6.1% in June, on the back…
A robust jobs report last Friday and a U.S. Federal Reserve determined to tackle searing inflation could threaten to put the kibosh on the summer of tech.
U.S. stocks and Bitcoin are up over the last few weeks and the 90-day correlation between Bitcoin and benchmark S&P 500 has restrengthened to 0.65, its highest level since 2010.
While the yen has rebounded somewhat in recent weeks, helped in no small measure by the Bank of Japan pledging to pick up the slack, the slide may be far…
With the S&P 500 shedding 16% in the last quarter, Berkshire Hathaway came in to buy the dip, mainly in sectors that the investment holding company already is invested in…
BlackRock Inc. is partnering with Coinbase Global Inc. to make it easier for institutional investors to manage and trade Bitcoin.
Global growth of chip sales has decelerated for six straight months, in yet another sign that the global economy is straining under the dual weights of rising interest rates and…
Nursing heavy losses amid a tech rout that has caused performance across one of the world’s largest hedge funds to end the second quarter down 63.6%, Tiger Global’s flagship fund…
The market cap of all cryptocurrencies rose a whopping US$280 billion in July, after a painful selloff in May and June shook many weaker hands out of the market completely.
In a blogpost Tuesday, Robinhood announced that it was slashing 780 employees, or around 23% of its workforce, closing two if its offices.