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Markets-Economics

Your paycheck probably just got a little bigger — here’s why

February 2, 2018-6:35 am Stevie 0

Business Insider Most Americans are about to see a bump in their pay, even if their employer didn’t give them a raise. The Internal Revenue Service released new guidelines on how much employers should withhold […]

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Markets-Economics

Bitcoin Drops Below $8,500 as Cryptocurrency Pain Continues

February 2, 2018-6:25 am Stevie 0

Bloomberg Bitcoin tumbled below $8,500 as a miserable 2018 continued for cryptocurrencies, with investors confronting a mounting list of concerns about the future of the industry. The largest digital currency dropped about 10 percent to […]

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Markets-Economics

Digital Coins Tumble in January Amid Facebook, Tether Concerns

January 31, 2018-7:15 am Stevie 0

Bloomberg For cryptocurrency investors, January is turning into a month to rue. Digital coins have mostly slid this week, with Bitcoin heading for its worst monthly decline since February 2014, as U.S. regulators ramp up […]

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Markets-Economics

Every One of the World’s Big Economies Is Now Growing

January 27, 2018-11:18 pm Stevie 1

The NY Times LONDON — A decade after the world descended into a devastating economic crisis, a key marker of revival has finally been achieved. Every major economy on earth is expanding at once, a […]

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Markets-Economics

Dow Soars 322 Points to New Record, Exploding Past 26,000

January 18, 2018-6:17 am Stevie 0

The Street The Dow, S&P 500 and Nasdaq all finished at new records on Wednesday. The Dow Jones Industrial Average soared by 322 points on Wednesday, Jan. 17, finishing above 26,000 and setting a new […]

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Markets-Economics

Bitcoin Tumbles 20% as Fears of Cryptocurrency Crackdown Linger

January 16, 2018-7:18 am Stevie 0

Bloomberg January’s cryptocurrency selloff got fresh impetus on Tuesday when bitcoin slumped, plunging as much as 20 percent as the prospect of regulatory crackdowns appeared to spread. The largest digital coin fell 14 percent to […]

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Markets-Economics

Stocks finish at record highs, S&P 500 has best start to a year since 1987

January 10, 2018-4:56 am Stevie 0

CNBC U.S. equities rose to record highs on Tuesday as investors remained optimistic about the market heading into the corporate earnings season. The S&P 500 hit a fresh all-time high, rising 0.1 percent to close at 2,751.29. […]

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Markets-Economics

Five Must-Read Studies From the Big Economics Confab: Eco Pulse

January 9, 2018-6:32 am Stevie 2

Bloomberg Economists descended on Philadelphia last weekend for an annual conference that’s basically wonk utopia. Central bankers, Nobel laureates and the profession’s elite professors debated the merits of math-heavy models in packed conference rooms while Ph.D. job market […]

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Markets-Economics

It Was the Best Week for Stocks in a Year

January 6, 2018-8:03 am Stevie 7

Bloomberg It always looks inevitable in retrospect. Why wouldn’t U.S. stocks rally, surging to the biggest weekly gain in a year, amid earnings euphoria like this? With no hint of fatigue, the S&P 500 Index […]

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Markets-Economics

23 startups that became unicorns in 2017, scoring valuations of $1 billion or more

December 30, 2017-9:36 am Stevie 0

Business Insider Once upon a time, a startup worth $1 billion or more was considered to be a rare, almost mythical thing — a unicorn. But in the past few years, unicorns have become far […]

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