Category: United States

Cryptocurrency platform Coinbase Global Inc. COIN, +5.96% became the most valuable U.S. financial exchange on Wednesday as it ended the day trading at $ 328.28, valuing the company at nearly $ 86 billion on a diluted basis. Brooklyn Nets star Kevin Durant, the third highest earner in the NBA, was one of the early investors […]

President Joe Biden and Japanese Prime Minister Yoshihide Suga committed to work together on “challenges” presented by China, the two leaders said Friday at the White House. The White House meeting was Biden’s first face-to-face with a foreign leader, part of a strategy for facing a more-assertive China. Biden is also set to meet South […]

Bitcoin fell early on Friday, after Turkey’s central bank decided to ban the use of cryptocurrencies for payments from the end of the month. The Central Bank of the Republic of Turkey (CBRT) cited a number of reasons for the ban, including a lack of “supervision mechanisms” and “central authority regulation” for crypto assets. It […]

Using the budget reconciliation process to speed President Joe Biden’s infrastructure bill through Congress with only Democratic votes will pose new procedural and political hurdles that the party avoided in their earlier fiscal stimulus bill, their first big legislative package,  experts say. Democrats say they are still unsure whether they will use reconciliation, an optional […]

Long-dated U.S. government debt Friday morning came under some selling pressure, pushing prices lower and yields higher, but Treasury yields remain firmly down for the week, with fixed-income experts attributing some of the retrenchment in yields to hedge fund short covering and concerns about tensions between Russia and the U.S. How are Treasurys performing? The […]

A new study from researchers at Oxford University has found that people who contract COVID-19 are at far higher risk of developing blood clots than people who receive COVID-19 vaccines, further bolstering the case for vaccine use. The study, which was published in preprint form on Thursday, meaning it has not yet been peer-reviewed, found […]

Dear Quentin, I would like your perspective as to whether my perspective is off. I have been the primary earner in the household. A few years ago, I received a job offer in another state. My partner, from whom I am now separated and is not my children’s father, agreed to go part time so […]

David Einhorn says that regulators are asleep on the Wall Street beat and that anomalies in the market are increasingly being ignored. “From a traditional perspective, the market is fractured and possibly in the process of breaking completely,” wrote the head of Greenlight Capital Management in a quarterly letter dated Thursday. Einhorn said that small […]

Hi there, MarketWatchers! We’re helping you get better with money in our first-ever money challenge. Look out for a challenge each Monday in April in your inbox. Follow us on Instagram for more updates and let us know your money goals. And now, here are the day’s top stories covering personal finance: I’m on track […]

Oil futures inched higher on Thursday, on track to score a fourth climb in a row, with prices holding ground at their highest levels since mid March after upbeat monthly oil demand forecasts and a weekly decline in U.S. crude inventories. “Demand optimism continues to be a key component…with recent data out of the U.S. […]

Outgoing Amazon.com Inc. Chief Executive Jeff Bezos has some interesting parting shots in his last annual letter to shareholders. Employees, as well as customers, are the new obsession. “Despite what we’ve accomplished, it’s clear to me that we need a better vision for our employees’ success,” Bezos said in the letter, released early Thursday. “We […]

Here’s yet another reason to get back into a regular exercise habit if you’ve put on the quarantine 15.  An observational study of almost 50,000 adults found that those who met the recommended 150 minutes of moderate physical activity each week were less likely to be hospitalized or die due to COVID-19 compared to more […]

Boasting sharp new styling inside and out, and a new range-topping Calligraphy trim that serves as a “serious alternative to a similarly sized SUV from a luxury brand,” the redesigned Hyundai Santa Fe easily earned a spot on our list of best new cars for 2021. Best new cars of 2021 In highlighting the best new […]

March retail sales in the U.S. may have climbed by a double-digit percentage, thanks to the $ 1,400 stimulus checks distributed by the federal government, according to a strategist at a fund manager. The forecast by Jeffrey Schulze, investment strategist at ClearBridge Investments, comes ahead of the release of the data by the Commerce Department […]

Alissa Resnick and Brett Benhazl’s experience buying a home will sound familiar to many Americans negotiating today’s housing market. The married couple began seriously searching for a property to buy in Austin, Texas, after November’s presidential election. After their first two bids fell through, they were ready to go all out, Resnick said. “We were […]

The number of people who traveled the skies last year plummeted amid the coronavirus pandemic, but it appears that those who did opt to fly in 2020 were far more likely to be packing heat. The Transportation Security Administration discovered 3,262 firearms at security checkpoints in U.S. airports last year. That number represents a decrease […]

Wealthy investor Mike Novogratz speculates that bitcoin could be worth $ 100,000 by the end of 2021 and sees that value increasing five-fold by 2024, as the nascent crypto market continues to evolve and grow. But first, the industry may face a bit of near-term reckoning. The CEO of Galaxy Digital GLXY, -16.84% and prominent […]

U.S. stocks are mostly lower in the final hour of trade Wednesday, after the Federal Reserve’s Beige Book pointed to a moderate pace of economic growth this spring, but a slight inflation uptick in 2021. Losses in technology shares offset gains in bank stocks after financial powerhouses JPMorgan Chase, Wells Fargo and Goldman Sachs kicked […]

The growing concerns about a rare blood-clotting disorder that has been reported in people who received the vaccines developed by AstraZeneca PLC and Oxford University and Johnson & Johnson dominated COVID-19 news on Wednesday, with Denmark becoming the first country to fully discontinue use of the AstraZeneca jab. The Danish Health Authority said on Wednesday […]