Category: Markets

London (CNN Business)Bitcoin and other cryptocurrencies have plunged, and one of the world’s biggest lenders of cryptocurrency has paused all withdrawals from its platform as the market meltdown continues apace. … Read More

When the going gets tough, even the tough can get a beating. The latest example is Goldman Sachs’s downgrade of four top internet stocks from Neutral to Sell. Each of … Read More

We got what we expected Friday, as the consumer price index came in again at levels not seen in over 40 years. One thing is almost a certainty now: things … Read More

Hong Kong (CNN Business)Shares in Chinese tech companies have surged this week on hopes that Beijing is close to ending a yearlong regulatory crackdown on the industry. Alibaba (BABA) was … Read More

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of … Read More

At 24/7 Wall St., we know how important dividend size, stability and growth are to growth and income investors that need a dependable stream of income. We often have written … Read More

The corporate regulator has alleged errors in ANZ Bank’s systems led to more than 165,000 credit card accounts being wrongly charged fees or interest, as it launched legal action against … Read More

Hong Kong (CNN Business)Luckin Coffee, the Chinese startup that became mired in a fraud scandal and was kicked off Wall Street two years ago, is making a comeback. The coffee … Read More

New York (CNN Business)What goes up must come down, and what goes bull must go bear. The conventional wisdom is that a bit of market madness is inevitable, cyclical and … Read More

The futures were lower again on Thursday, after yet another demoralizing day across Wall Street Wednesday in which all the major indexes were shredded, as were the transports and even … Read More

Recent moves within the market have beaten up the tech sector, and now investors are seeing these stocks trade at low multiples on both earnings and EBITDA. As a result, … Read More

Premarket trading Friday had all three major U.S. indexes trading in the green. Six of the 11 S&P sectors closed higher on Thursday, led by communications services (up 1.1%). The … Read More