Financial Services

admin November 14, 2018

Bitcoin prices were mostly unchanged Tuesday, extending the recent lull in price activity that has pushed a popular gauge of volatility to its lowest level in almost two years. One measure of bitcoin’s volatility in the prior 30-day period marked its lowest level since December 2016, as the world’s largest cryptocurrency remains pegged either side […]

admin November 14, 2018

Courtesy Everett Collection Even Oliver Twist wouldn’t have had the foresight of Meb Faber. Do you ever get the feeling that we’ve overcomplicated this entire investment process? Do you ever wonder if managing investments successfully might be simpler than Wall Street — including most of us in the media — make it sound? If […]

admin November 13, 2018

Stocks failed to take advantage of early gains and turned wobbly Tuesday as oil prices cratered, dragging the energy sector sharply lower, and a resolution of the U.S.-China trade war remained elusive. Stocks had bounced back in the morning as large-capitalization technology and internet-related names appeared to have regained their footing after the Dow and […]

admin November 13, 2018

The price of crude fell from more than $76 a barrel in early October to below $60 currently — a decline of more than 20% — and both oil bulls and bears should be on guard about the meaning of this steep slide. On the one hand, there’s President Donald Trump celebrating oil’s plunge, just […]

admin November 13, 2018

Bloomberg News/Landov Rick Scott doesn’t want a recount. The state of Florida has begun another contentious recount in the races for the U.S. Senate and the governor’s mansion, echoing the 2000 recount of votes in that year’s presidential election, the halting of which put President George W. Bush in the White House. As market […]

admin November 13, 2018

Wall Street professionals are on track for larger bonuses this year, but it may not last. Financial firms will award year-end bonuses of up to 20% larger this year versus last year, according to an analysis released Monday by Johnson Associates, a New York-based compensation consulting firm. Equities traders, investment-banking underwriters and private-equity professionals are […]