Text size Bitcoin falls but holds above the key technical level of $45,000. Dreamstime Bitcoin and other cryptocurrencies fell Friday, with some of the largest digital assets recording their worst per...
Tag: Commodity/Financial Market News
Restarting Keystone XL construction ‘wouldn’t actually increase supply’ of oil: top Biden adviser
“‘Any action on Keystone wouldn’t actually increase supply, and it would transmit oil years in the future.’” — National Economic Council Director Brian Deese That’s the White House’s top economic advi...
U.S. corn and soybean stocks rise, but corn plantings forecast cut: USDA
Corn futures climbed Thursday after reports from the U.S. Department of Agriculture on Thursday revealed higher U.S. corn and soybean stocks, along with a lower forecast for this year’s planted corn a...
Ethereum’s major upgrade is coming. Should you be more bullish on it than bitcoin?
Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch, and I’ll walk you through the latest an...
Opinion: How to retire well — even if you’re not rich
Unquestionably, the best time to retire is after you have saved up more money than you will ever need. But not everybody can do that. If you are one of those people, then this article is for you. In o...
Biden says latest Strategic Petroleum Reserve release could cut gas prices 10 to 35 cents per gallon — but some experts worry about long-term costs
President Joe Biden announced Thursday the daily release of 1 million barrels of oil from the country’s reserves for the next six months as a way to bring down gas prices that have been breaking recor...
Opinion: How to make your money last in retirement
Lots of research has been done on the best way to generate retirement income. It’s one of the most popular financial topics. I think this popularity is driven by two things: its obvious importance—and...
Bitcoin Prices Steady After Crypto Heist. A Prominent Whale Is Getting Bigger.
Text size Bitcoin prices have held onto recent gains. Rutmer Visser/Dreamstime Bitcoin and other cryptocurrencies were mostly steady on Wednesday, holding onto recent gains and shaking off pressure on...
Treasuries Are Getting Crushed. It Might Continue for a Long Time.
Text size Photograph by Alex Wong/Getty Images The price of Treasury bonds has plummeted recently. That could be just the start of a painful road ahead for bond investors. The price of bonds decline ...
Opinion: The Dow, S&P 500 and Nasdaq have now suffered a ‘death cross’ — here’s why this could resurrect them
Reports of the U.S. stock market’s death appear to be greatly exaggerated. I’m referring to the dreaded “death cross” that has now appeared in the price charts of the three major U.S. stock market ave...
S&P 500 set to exit correction: What history says happens next to stock-market benchmark
The S&P 500 index exited market-correction territory Tuesday, a move that has tended to point to near- and medium-term gains for the U.S. large-cap benchmark in the past. The S&P 500 SPX, +1.2...
Defense Stocks Take a Hit on U.S. Defense Spending Request
Text size Defense stocks trade for about 18 times estimated 2022 earnings. Jose Luis Magana / AFP) Defense stocks are taking a small hit after details of the coming defense budget were released. On Mo...
Coinbase Stock Is Popping. What a Rally in Bitcoin Means.
Stock in the cryptocurrency exchange Coinbase surged on Monday, rallying alongside Bitcoin, ether, and other digital assets. Analysts see more room for gains. Coinbase (ticker: COIN) shares jumped 7% ...
‘The dam finally broke’: 10-year Treasury yields spike to breach top of downward trend channel seen since mid-1980s, says Deutsche Bank
Yields on the 10-year Treasury note have spiked through the top line of a downward trend channel tracing back to the mid-1980s, with surging inflation and the Federal Reserve’s reaction to it sparking...
Home Builders Are the Cheapest Stocks Around. Is It Time to Buy?
Construction workers on a Toll Brothers home in Boca Raton, Fla. Toll and other home builders currently trade near book value. Joe Raedle/Getty Images Text size The housing market is still robust, but...