The market wondered what's behind this surprise move and some point to Federal Reserve Chair Jerome Powell's statement in front of the U.S. House Financial Services Committee. Powell, who withstood hours of questioning, was also asked by Rep. Bill Foster, a Democrat from Illinois, for his take on cryptocurrencies.
Ethereum, after two weeks of gains, is nearing $250, and JP Morgan's deal may have something to do with this new 2020 high. The largest U.S. bank by assets is reported to be looking into merging Quorom to blockchain software company ConsenSys.
Boeing is flight-testing 737 Max planes in airlines' operational conditions, triggering speculation of an early return to the skies for the planes that were grounded around the globe following two crashes in similar circumstances killing 346 people.
SoftBank Group nine-month net profit down nearly 70%
A probe report that appears to blame a likely error in the Autopilot driver-assistance system of Tesla electric vehicle, may worry users.
While the trade wars slowed the growth of trade ties between the United States and China, the new coronavirus outbreak that is threatening to grow into a pandemic can hasten the decoupling of the world’s top two economies.
Finland is set to become the last uranium producer in the European Union
The coronavirus crisis could cut Chinese GDP by 0.2 to 0.5 percentage points this year
U.S. stocks closed narrowly mixed on Tuesday despite continuing virus worries
Save-A-Lot is closing a series of stores after making an agreement with its lenders to reduce millions in debt.
SD Holdings filed for Chapter 11 bankruptcy amid $22.3 million in secured debt.
Credit card debt hit a record $930 billion, up $46 billion from the third quarter.
Among the countless worries of entrepreneurs, especially those running startups or small businesses, is what they should do when they run into legal troubles. Should they even maintain a business lawyer or hire only when confronted with a legal problem?
Tyson Foods is cutting 500 jobs as part of a restructuring plan.
Thousands of Assamese have fallen into a debt trap due to microlending
The FTC voted to demand documents from Alphabet, Amazon, Apple, Facebook and Microsoft on deals that did not require the companies to notify the federal government ahead of acquisition.
Air Italy has liquidated its operations, ending all flights on Feb. 25.
U.S. District Judge Victor Marrero said that the deal would not likely lessen competition in the mobile service market.
Mastercard has one year to prepare to start doing business in China where mobile payments totaled $27 trillion in 2018.
Britain prepares to build world’s most expensive railway line
Toyota has recalled 44,000 cars and SUVs for an engine problem that could result in oil leaks, damage, or stalling.
U.S. stocks traded higher on Tuesday despite continuing virus worries
Tom Lee has upped his previous Bitcoin price prediction to $40,000.
While cryptocurrencies face opposition across the world and struggle to gain legitimacy, the blockchain technology that is at there core may revolutionize how business is done in other sectors including banking.
Facebook's "acquire and conquer" strategy has landed it another startup to boost its AI game.
Actor Anne Hathaway is living up to her screen image as a smart and grounded woman in real life too with investments that have helped her amass a net worth of $35 million.
The TD Sequential Indicator, which was developed by Tom Demark, founder, and CEO of DeMark Analytics, was able to warn investors that BTC might be on the verge of a drop on several occasions and with pinpoint accuracy.
Traditional banks had been fighting efforts by fintechs to become full-fledged banks.
U.S. stocks closed higher on Monday despite renewed virus worries
Elon Musk described the hardest job he ever had during a recent podcast interview.