Markets

In an effort to tackle a looming oil supply shortage, the Organization of the Petroleum Exporting Countries (OPEC) will be discussing output levels at its biannual meeting in Vienna on June 22–23. The cartel is expected to unwind its production cut agreement to calm oil prices. New U.S. sanctions on Iran and a plunge in […]

EXC: At the root of the threat is the remarkable speed of quantum computing, which is far more efficient than classical computing at performing key functions that make the blockchain work. 100x: Speed increase of solving Bitcoin proof of work problems with quantum computers.

The blockchain was supposed to change everything. Despite years of research and a ton of resources poured into its development by both startups and incumbent companies, little has come to fruition to change established practices.

BRUSSELS—Although there has been the controversy over bubbles and fraud, the new technology called block chain and the cryptocurrency are increasingly being accepted as the stream of time in which people cannot go against by many in the society. In some cases, it is also true that many people acknowledge the new technology called block […]

Heightened geopolitical risks and market fears of a looming supply shock pushed oil prices to their highest level in May in nearly four years. However, an oil expert says that these are short-term blips, and that there are plenty of options for oil producers to ease price hikes. New U.S. sanctions that may hit Iranian oil exports […]

There are many ways to measure the value of bitcoin, but most proponents of the decentralized cryptocurrency agree that the more people use it, the higher its value will be. One of the reasons bitcoin’s market capitalization is only $145 billion is that not many people are using it as currency. While millions have opened […]

The number of companies listed on the stock exchange has dropped significantly in the last two decades. Although the benefits of going public are significant, it has over time become an unattractive means of raising capital for businesses. An initial public offering (IPO) is the process by which a private company can go public by […]

Here are five things to watch for in the Canadian business world this week: Air Canada discusses first-quarter results on Monday. Statistics Canada releases the latest gross domestic product report from February on Tuesday. On a busier Thursday for earnings, telecom and media giant BCE Inc. discusses first-quarter results. Also, insurance and investment company Fairfax […]

The debate between active and passive investing will probably never end, but the trend toward passively managed money is undeniable.

It looks like bitcoin is taking investors through all of the stages of a classic bubble: euphoria, denial, fear, and desperation. When bitcoin fell under $7,000 and the market capitalization of the whole sector halved, the funeral preparations by nay-sayers were already underway. The fact that bitcoin has already survived five such bubbles doesn’t seem […]

Earnings season couldn’t be coming at a better time for the stock market.

The stock market has been misbehaving in 2018, and the erstwhile pattern of 2 to 3 percent corrections followed by new highs has been broken. First, there was a 12 percent mini-crash, then a rally, then another drawdown—and no new high, at least not yet. Most pundits think this is just a repeat of the […]

NEW YORK—U.S. stocks dropped on Monday, with the S&P and Nasdaq suffering their worst day in just over five weeks, as concerns over increased regulation for large tech companies was spearheaded by a plunge in Facebook shares. Facebook shares tumbled 6.8 percent as Chief Executive Mark Zuckerberg faced calls from both U.S. and European lawmakers […]

President Donald Trump’s new tariffs on imported steel and aluminum look like an effort that goes beyond its stated rationale of preserving national security. The tariffs could be the first of a number of initiatives by the Trump administration to retaliate against unfair foreign trade practices. “We’re going to see who’s treating us fairly, who’s […]

A whopping 313,000 people entered the U.S. workforce in February, crushing the economists’ expectation of 205,000 by more than 50 percent. The report is a win for President Donald Trump, who promised to bring back jobs. The news sent stocks soaring and prompted a celebratory tweet from the president. “JOBS! JOBS! JOBS!” Trump wrote on […]

TORONTO—Canada’s main stock index will climb to a record high by the end of the year as the prospect of higher global inflation boosts the appeal of its resource shares, a Reuters poll found, but a rising recession risk will cap the index’s rise in 2019. The median forecast from the poll of over 30 […]

Certain customers of digital currency exchange Coinbase reported mysterious charges appearing on their credit and debit cards in late January and early February.

After decades of stagnation and decreasing government funding following the Cold War, the U.S. space industry has found new legs in recent years due to massive private financing and an increased interest from the Trump Administration.

Investors spend hours crunching numbers and economic fundamentals, price-to-earnings ratios, and relative valuations. But at the end of the day, they trust their gut the most. “This market’s current temperament feels so much like either Japan in 1989 or the United States in 1999. And the events that have transpired so far this January make […]

During communist times in some Western countries and in China’s communist regime today, atheist governments supported churches financially. This initially seems contradictory. That is only because we have a skewed understanding of what help is. Aid from government tends to be damaging in the long run. What government funds, government can control. In those countries, the […]

The 4 percent crash in the U.S. dollar in January didn’t harm the stock market, given that the S&P 500 rose 7.4 percent through January before the recent crash. Neither did the 0.45 percent rise in yields to 2.85 percent on the 10-year Treasury. People thought those two factors would not hurt stocks. Yes, the […]

The White House issued a statement in response to the historic plunge of the Dow Jones Industrial Average on Monday. After the Dow suffered the biggest single-day drop in history, White House Press Secretary Sarah Sanders pointed to sound economic indicators and prospects for further growth. “The President’s focus is on our long-term economic fundamentals, […]

The U.S. Federal Reserve left its key policy rate range unchanged at 1.25 percent to 1.50 percent, as was widely expected on Jan. 31.

WASHINGTON—The U.S. Justice Department and the country’s derivatives regulator said on Monday they had filed civil and criminal charges against three European banks, which paid $46.6 million to settle the cases, and eight individuals for alleged in U.S. futures and commodities market. UBS, Deutsche Bank and HSBC and former traders at the banks, as well […]

While U.S. stock markets soar to record highs after the passing of the Trump administration’s Tax Cuts and Jobs Act, bonds face a rough ride.

Bankers hope technology companies will drive IPO listings to further heights in 2018.

The Dow eased slightly after hitting the 26,000 mark for the first time on Tuesday, as earnings season got off to a strong start following upbeat results from UnitedHealth and Citigroup. The largest U.S. health insurer rose 2.6 percent after reporting results that beat analysts’ estimates and raised full-year profit forecast. Citigroup Inc rose 0.72 […]