President Trump said Tuesday he’ll delay stimulus talks until after the election, sending stocks lower. BTIG says the S&P 500 could fall at least another 7% without a stimulus bill. Trump signaled support for some stimulus relief on Tuesday night. President Donald Trump announced Tuesday that he was halting stimulus talks until after the election, […]
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Joe Biden had an incredible Super Tuesday, winning nine of 14 states. Many people now view him as the Democratic frontrunner. But Biden doesn’t have the mental fortitude, the policies, or the personality to defeat Donald Trump. Joe Biden is probably a smart man. Unfortunately, he doesn’t appear that way on television. Nonetheless, Biden surged […]
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Joe Biden’s Super Tuesday surprise helped healthcare stocks lead the market recovery on Wednesday. Biden crushed Bernie Sanders and Elizabeth Warren, the leading proponents of “Medicare For All.” Dow stock UnitedHealth Group headlined the surge. Healthcare stocks are heaving a sigh of relief on Wednesday after Joe Biden pulled off a massive upset on Super […]
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Bitcoin prices slid Tuesday after the U.S. Federal Reserve announced an emergency cut in interest rates to counteract risks to the economy from the spreading coronavirus. The largest cryptocurrency by market value was down 2.2 percent to $8,722 as of 15:28 UTC (10:28 a.m. ET). Prices had surged 4.6 percent on Monday, rising alongside U.S. […]
Continue ReadingThe Dow Jones dove on Tuesday as Apple’s coronavirus warning forced investors to grapple with the reality of the global economy. The post Dow Battered Because Bulls Can’t Ignore Economic Reality Forever appeared first on CCN.com
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Upward momentum in the Dow Jones was halted on Tuesday after the CDC confirmed that coronavirus cases are higher than reported. As the stock market faded from its highs, Fed Chair Jerome Powell warned there would be an impact on the U.S. economy from the epidemic. Donald Trump was quick to blame Powell for the […]
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The price of bitcoin jumped on Tuesday after Jerome Powell stressed that the Fed is investing a significant amount into digital currency developments. Adding fuel to the fire, Powell also acknowledged how quickly crypto could become a systemic risk to the USD. China’s “Belt and Road” initiative is expected to roll out a digital currency […]
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Paxos announced Tuesday a new feature allowing customers to automatically wire transfer funds from their bank accounts into either Paxos Standard or Binance USD stablecoins. Conversely, any PAX or BUSD sent to the designated address will be automatically wired back to the individual’s bank account in USD. Zach Kwartler, senior product manager at Paxos, told […]
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Coinbase Pro released a new Android application Tuesday, granting professional investors using the exchange access to high-speed trades and other activities. Product manager Linda Xie wrote in a blog post that Coinbase Pro customers in more than 100 countries could use 50 different trading pairs with its new Android app, released some three months after […]
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The Dow Jones dipped sharply on Tuesday as ISM US Manufacturing moved below the “magic mark” amid trade war deadlock and rising Brexit angst. | Source: REUTERS / Brendan McDermid The Dow Jones endured a torrid session on Tuesday, diving around 300 points as a whirlwind of bad news enveloped US stocks. Dow Struggles as […]
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