Tuesday saw a decline in a number of significant cryptocurrencies as investors considered the potential effects of money inflows into the market following the U.S. the first spot Bitcoin (CRYPTO: BTC) exchange-traded funds (ETFs) were approved by the Securities and Exchange Commission (SEC) over two weeks ago on January 10, 2024.

Jan 24, 2024 10:05 AM EST

Legislators in Vermont are joining a growing national effort led by Democrats, who think the measures will gain support as states deal with post-pandemic budget squeezes, by presenting legislation this week that would levy extra taxes on the richest people of the state.

Jan 24, 2024 06:32 AM EST

Over 15 million Americans over 65 who are in poverty have considered Social Security as a lifeline, as they are lifted out of it each year by the program, according to the Center for Budget and Policy Priorities.

Jan 24, 2024 05:58 AM EST

Thousands of bankers, private equity investors, venture capitalists, and other wealthy people swarm Union Square in San Francisco each year to chase transactions.

Jan 24, 2024 12:24 AM EST

20 top fund managers earned $67 billion in gains for investors in 2023, compared to $65 billion during the pandemic-era boom in 2021, according to research released on Monday by LCH Investments, a hedge fund.

Jan 23, 2024 06:02 PM EST

Democrats are proposing to increase taxes on businesses whose CEO salaries are at least 50 times higher than those of the average worker. They claim that this legislation is necessary to curb corporate greed.

Jan 23, 2024 01:31 AM EST

In order to restore sustainable growth and put inflation back to goal, the global economy does not require a "collapse," according to Steven Wieting, chief economist and investment strategist at Citi Global Wealth.

Jan 22, 2024 10:30 AM EST

The stock market experienced a surge to unprecedented levels on Friday, as investor optimism regarding anticipated interest rate cuts by the Federal Reserve and robust corporate profits fueled a rally on Wall Street.

Jan 22, 2024 09:39 AM EST

Monday saw a further decline in oil prices as geopolitical worries in the Middle East and the attack on a Russian fuel export facility over the weekend were countered by economic headwinds that put pressure on the forecast for global oil consumption.

Jan 22, 2024 07:00 AM EST

Elon Musk's "everything app," X (previously Twitter), has stoked rumors in the cryptocurrency world regarding whether or not it will integrate cryptocurrencies by establishing a separate account for its planned payments function.

Jan 22, 2024 12:25 AM EST

Reminding us how difficult 2023 was, some of the most well-known midsized lenders in the country announced significant declines in profitability during the fourth quarter. The issue is that by 2024, not much improvement is anticipated.

Jan 19, 2024 11:10 AM EST

Bitcoin has experienced a decline to its lowest price since the US Securities and Exchange Commission (SEC) approved nearly a dozen exchange-traded funds (ETFs) holding the cryptocurrency last week.

Jan 19, 2024 10:01 AM EST

Dinners and parties at Davos have been dominated by talk about Donald Trump, with many attendees of the World Economic Forum considering the former president's possible candidacy for president again following his overwhelming victory in the Iowa vote.

Jan 19, 2024 09:24 AM EST

A short-term budget package that would keep federal agencies funded until March and prevent an impending partial government shutdown was delivered to President Joe Biden by Congress on Thursday.

Jan 19, 2024 07:10 AM EST

Thursday's dramatic increase in U.S. equities saw the S&P 500 close to all-time highs as advances in Nvidia and other chipmakers were fueled by confidence about artificial intelligence.

Jan 19, 2024 03:40 AM EST