Economic Report: Industrial output jumps in December as capacity utilization reaches highest in nearly three years

Industrial output in the U.S. rose 0.9% in December, the Federal Reserve said Wednesday.


Posted on Wed, 17 Jan 2018 15:02:39 GMT

Economic Report: Home builder confidence loses steam, but still signals upside market momentum

A closely-watched reading on home-builder sentiment slipped slightly in January after reaching an 18-year high late in 2017.


Posted on Wed, 17 Jan 2018 15:00:03 GMT

CryptoWatch: 5 key reasons bitcoin, other cryptocurrencies have lost a stunning $400 billion in 10 days

The No. 1 digital currency and its cohort continue to unravel on Wednesday, extending a downturn in the market for virtual currencies that has seen the entire sector shed a whopping $365 billion in value since Jan. 7, or more than 40% of their total value.


Posted on Wed, 17 Jan 2018 14:59:43 GMT

George Friedman: North Korea has backed the U.S. into a corner

There isn’t likely to be a good outcome for the U.S., the global strategist says.


Posted on Tue, 16 Jan 2018 19:53:59 GMT

Currencies: Dollar bounces after touching 3-year low, with Bank of Canada meeting in focus

The U.S. dollar gains some ground Wednesday after hitting a multiyear low earlier this week, with the greenback in major focus against Canada’s currency as investors look for the Bank of Canada to lift interest rates.


Posted on Wed, 17 Jan 2018 14:57:55 GMT

Need to Know: The big lesson stock traders can learn from the crypto meltdown

Our call of the day suggests less schadenfreude and more attention to what bitcoin is telling this market. Our chart of the day, meanwhile, has an eye on a mining ETF that could be in for some big wins.


Posted on Wed, 17 Jan 2018 14:56:35 GMT

The Trump administration considers making life easier for payday lenders

The CFPB’s new leadership said it will revisit its payday lending rule.


Posted on Wed, 17 Jan 2018 14:56:10 GMT

CryptoWatch: Bitcoin bloodbath highlights these defensive cryptocurrency strategies

A price of a single bitcoin was tumbling on Wednesday off nearly half at around $10,000 since its peak last year, underlining a broad selloff among the virtual currencies spurred by nagging fears of increased regulation.


Posted on Wed, 17 Jan 2018 14:40:14 GMT

CryptoWatch: Bitcoin trades below $10,000 as selloff continues

Bitcoin continues to drop Wednesday, as the world’s No. 1 cryptocurrency and its rivals fall further after Tuesday’s big selloff.


Posted on Wed, 17 Jan 2018 14:39:59 GMT

CryptoWatch: Now that’s a crypto crash: BitConnect Coin dives 90% as company shuts exchange

Cryptocurrency company BitConnect has said it’s closing its lending and exchange platform after receiving cease and desist letters from Texas and North Carolina. The move has helped spark a big selloff in BitConnect Coin, a virtual currency.


Posted on Wed, 17 Jan 2018 14:31:39 GMT