Bitcoin is surging on hopes rate cuts will drive a speculative rush
The end-of-summer doldrums may be over for bitcoin. The token’s price climbed as much as 6.4% to $61,337 on…
Amazon CEO’s ‘bureaucracy mailbox’ for employees is a smart idea that more companies need
Amazon is asking workers to report wasteful bureaucracy. Sometimes, it takes a bit of bureaucracy to trim the bureaucracy….
Stock market today: Indexes rise on upbeat retail sale data ahead of Fed meeting
Traders work on the floor of the New York Stock Exchange. Stocks moved higher after stronger-than-expected US retail sales…
Russia is still passing $2 billion worth of its oil products to the West via middlemen, think tank says
Russia sold $1.3 billion worth of its oil to 3 Turkish refineries in the first half of the year,…
Investors are pouring into this defensive corner of the stock market amid fears of an economic slowdown
Amid fears of a recession and increased market volatility, analysts have been pointing to defensive stocks as a safe…
The biggest threat to the US dollar is America’s exorbitant debt load, JPMorgan says
De-dollarization is only a problem to the extent that the US allows it to be one, according to a…
Hedge funds are planning a ‘budget boom’ in 2025 for the datasets that cost them millions a year
Alternative data vendors capture unique datasets from sources such as satellites. The wonky datasets powering multi-strategy funds and quant…
Stock market today: Indexes close mixed as tech stumbles and traders brace for Fed meeting
In this May 22, 2020, file photo, a car drives past the Federal Reserve building in Washington. Stocks close…
Oracle’s Larry Ellison is now the world’s 4th-richest person after a $57 billion wealth surge this year
Larry Ellison also owns a stake in Tesla worth about $10 billion. Larry Ellison has overtaken Bernard Arnault to…
Americans are piling into a hot new type of ETF investing
The popularity of exchange-traded funds has skyrocketed over the past decade as more Americans have opted for them over…