It would seem the shrug of the market is based on the idea that the U.S. economy can't get any worse. But is that the right approach, given the number the Americans currently out of work?
Though it’s a feature that’s been built into Bitcoin since its inception, the third-ever halving of the network’s mining subsidy dominated cryptocurrency headlines this week.
Here's a list of the top ten countries holding the highest official gold reserves. These nations together add up to almost three-fourths of the central bank official reserves globally.
Taking action that is likely to restart a trade war right now may serve some political purpose, but from an economic perspective it is potentially disastrous.
With a ballast from the coronavirus, the healthcare sector is performing well in 2020. To be more specific, growth-oriented areas of the group, namely biotechnology, are delivering out-performance.
With a ballast from the coronavirus, the healthcare sector is performing well in 2020. To be more specific, growth-oriented areas of the group, namely biotechnology, are delivering out-performance.
“The markets are distinguishing between companies that they think are part of the solution, such as tech and biotech, versus those that are the most vulnerable, such as travel and hospitality,” said Nasdaq’s Tal Cohen.
While investors come to grips with the revelation the global economic rebound won’t be the V-shape that was hoped for, they are also digesting the rising tensions between the US and China as the US looks to reclaim supply chains for critically-needed items
The gold price in USD terms has risen 12% since the beginning of the year, as it continues to take on the role as a safe-haven asset in the midst of the economic damage being done by the forced lockdowns to contain COVID-19.
As Fed Chair Jay Powell reminded us yesterday, the damage done to the U.S. economy over the last couple of months is huge and threatens to be long-lasting, even if the result of the lifting of restrictions is smoother than expected.
Nasdaq's Market Technology community is truly keeping markets up and running. Ashish Jaywant Rege, Director of Group Technology at Bursa Malaysia, discusses how his exchange is managing the current environment for their stakeholders, members and employees.
The recent rally in stocks hinged on "hopium" associated with the reopening of the global economy, but the renewed coronavirus case counts of the last few days and extended “shelter in place” orders have been a sober reminder that uncertainty remains
In response to the economic hardships caused by COVID-19, the Fed unleashed all of its firepower on March 23 by implementing “QE infinity”, which allowed for unlimited purchases of Treasuries and mortgage-backed securities.
Though Millennials are usurping them in other areas, Baby Boomers still have a firm grip on much of the country’s wealth. According to a Cerulli Associates study, Boomers will remain the wealthiest generation until at least 2030.