Thomas Trutschel | Photothek | Getty Images Bitcoin moved higher Tuesday, breaching $94,000 for the first time, amid rising geopolitical tensions between Ukraine and Russia. The price of the flagship cryptocurrency was last higher by more than 2% at $93,889.25, according to Coin Metrics. Earlier, it rose as high as $94,068.75. Shares of MicroStrategy, which…
Passengers check in at the Spirit Airlines counter at the Fort Lauderdale-Hollywood International Airport on February 07, 2022 in Fort Lauderdale, Florida. Joe Raedle | Getty Images Spirit Airlines, an icon of budget air travel that reshaped the industry, has filed for bankruptcy protection after years of mounting losses, a failed merger and more demanding…
Traders work on the floor of the New York Stock Exchange during the opening bell on Nov. 13, 2024. Angela Weiss | AFP | Getty Images Stock futures were slightly higher on Sunday night as Wall Street awaits a major earnings week and monitors a seemingly fizzled out postelection rally. Futures tied to the Dow…
A Sydney ferry passes the Opera House and skyline of the central business district area on May 12, 2020 in Sydney, Australia. James D. Morgan | Getty Images Asia-Pacific markets traded mixed on Thursday after the U.S. October consumer price index reading reinforced expectations that the Fed would cuts rates again in December. The CPI…
Dogecoin shot higher on Tuesday night, extending its postelection surge after President-elect Donald Trump formally announced the creation of the Department of Government Efficiency, which he referred to as “DOGE” in his statement. Tesla CEO Elon Musk and Vivek Ramaswamy, former Republican presidential candidate and Strive Asset Management co-founder, will lead the department, Trump said…
The stock market could enjoy a bigger boost from President-elect Donald Trump than any previous administration thanks to his pro-business policies, according to Jeremy Siegel, finance professor at the Wharton School of the University of Pennsylvania. “President-elect Trump is the most pro-stock market president we have had in our history,” Siegel said Monday on CNBC’s “Squawk…
Traders work on the floor of the New York Stock Exchange during the morning trading on November 07, 2024 in New York City. Michael M. Santiago | Getty Images U.S. stock futures gained marginally after the S&P 500 and Nasdaq Composite hit records in a postelection rally and investors weighed the Federal Reserve’s latest interest…
Jeffrey Gundlach speaks at the 24th Annual Sohn Investment Conference in New York, May 6, 2019. Adam Jeffery | CNBC DoubleLine Capital CEO Jeffrey Gundlach said Thursday that interest rates could shoot higher if Republicans end up controlling the House, securing a governing trifecta that gives President-elect Donald Trump free rein to spend as he pleases. Gundlach, a…
Oil market’s future is still uncertain under Trump U.S. oil producers are looking forward to less regulations on crude production under Trump, meaning higher oil supply and consequently lower prices. But it’s not that straightforward. Trump has also vowed to put more sanctions on Iranian and Venezuelan barrels, meaning the global market could become tighter,…
In this photo illustration, the Elon Musk’s twitter account seen displayed on a mobile phone screen with a Dogecoin logo in the background. Adrees Abbas | Lightrocket | Getty Images Memecoins surged early Wednesday as former President Donald Trump clinched a second term in office. Dogecoin surged more than 19% and Shiba Inu gained nearly…
