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Markets-Economics

Ethereum Co-Founder: Ether Is Not a Security and Doesn’t Need to Be Regulated

May 3, 2018-7:07 am Stevie 0

Joseph Lubin told TheStreet on Tuesday that he’s confident that the regulators ‘that matter’ understand what Ethereum is.  Nelson Wang, The Street May 1, 2018 5:49 PM EDT Ethereum co-founder Joseph Lubin On a day when the price of Ethereum […]

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Markets-Economics

FANG Stocks Tumble 6% in Unprecedented Selloff

March 27, 2018-7:43 pm Stevie 0

Bloomberg The market’s darlings just suffered their worst day in at least three years. The NYSE FANG+ index, tracking the FANG block and its megacap brethren, tumbled 5.6 percent in the biggest rout in data […]

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Markets-Economics

3 Reasons Why the Dow Jones Industrial Just Got Smashed to Pieces

March 22, 2018-9:33 pm Stevie 0

The Street So much for the market’s rally off the February correction lows. Investors now appear to be adjusting to several new realities. It’s time to grab a stiff drink, maybe 10 of them. The Dow […]

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Markets-Economics

Peter Thiel Is Bullish on Bitcoin, the Heartland and Trump

March 18, 2018-9:35 pm Stevie 0

Bloomberg Billionaire investor Peter Thiel praised Bitcoin and U.S. President Donald Trump while criticizing big, liberal-leaning cities and Democrats during a talk at the Economic Club of New York. The Facebook Inc. board member on Thursday said Bitcoin will […]

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Markets-Economics

Bitcoin Slumps to One-Month Low After Google Plans Cryptocurrency Ad Ban

March 14, 2018-7:33 am Stevie 0

The Street Google will follow Facebook in banning ads for digital currency trading on its platforms as regulatory oversight in the $360 billion market continues to tighten. Bitcoin prices fell to the lowest levels in […]

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Markets-Economics

US Futures Gain as Markets Shrug Off Trade War Concerns Following Tillerson Exit

March 14, 2018-7:28 am Stevie 0

The Street Reports of a new set of tariffs on China, alongside the firing of Secretary of State Rex Tillerson, has investors concerned over the potential of a damaging trade war as President Donald Trump […]

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Markets-Economics

Stock Futures Tank as Gary Cohn’s White House Exit Triggers Trade War Fears

March 7, 2018-6:43 am Stevie 0

The Street There goes those profits from last week. Wall Street is braced for heavy selling at the opening bell Wednesday as global investors fret over an escalating trade war after a key economic adviser to President […]

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Markets-Economics

Dow Futures Take a Dive Sunday Evening

March 4, 2018-8:32 pm Stevie 0

The Street Investors gear up for another huge week on Wall Street in the wake of Trump tariff news. Will the selling pressure finally ease? And the selling pressure continues. Dow Jones Industrial Average futures […]

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Markets-Economics

S&P 500 Caps Best 5 Days Since 2011 as Oil Jumps

February 15, 2018-10:40 pm Stevie 0

Bloomberg U.S. stocks capped their best five-day run since 2011, extending a global rally as equities rebounded from the worst of this month’s correction. The dollar slumped to a three-year low and oil rallied. The […]

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Markets-Economics

Blockchain Regulation Is Inevitable, But It’s Also Good for Business

February 14, 2018-7:43 am Stevie 0

The Street The challenges to blockchain commercialization lie mostly in technological impediments. After all, there’s still a lot we don’t know about just how to utilize what many are billing as revolutionary technology. But as blockchain’s potential […]

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