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Tag: Fox Business

Stocks lower on China and rail strike concerns, King dollar returns, bitcoin tries to hold onto $16k

US stocks are lower as the global growth picture takes a hit following key China Covid lockdowns and as the US economy could...

Crude crushed, gold stumbles

Oil Crude prices remain heavy as China continues to have setbacks with its COVID fight. The warnings from key Chinese officials are the primary...

Top 10 Fintech News Stories for the Week Ending November 19, 2022

The FTX fiasco continued to lead the news all week. Every day contained new revelations of the staggering mismanagement inside FTX as their downfall...

Podcast 396: Lawrence Wintermeyer of GBBC Digital Finance

Before the FTX blowup there was a serious conversation happening around regulation of the DeFi space. During our Merge event in London last...

US Close: Stocks fluctuate, Fed stays hawkish, Dollar posts weekly gain, Oil’s bad week, Gold declines, Cryptos surprisingly find support

US stocks are acting like they are already feasted on a 12-pound turkey.  Today’s market moves were uninspiring as we did not learn...

Market Insights Podcast (Episode 400)

Jonny Hart looks back on the week’s business and markets news with OANDA Senior Market Analyst Ed Moya in New York.  This week they...

Week Ahead – Central banks remain hawkish

US Wall Street’s shortened trading week will be jam-packed with the FOMC minutes, more Fed speak, the flash PMIs and the final look at...

Uncertain times

Equity markets are back in the green on Friday after a choppy week in which the recovery rally has stalled. Efforts by Fed policymakers...

Oil extends decline, gold steady

Brent below $90 ahead of December OPEC+ gathering Oil prices are continuing to retreat against the backdrop of increasingly gloomy economic prospects and surging...

Market Insights Podcast (Episode 399)

OANDA Senior Market Analyst Craig Erlam reviews the latest market news with Jonny Hart. They discuss the UK Autumn Statement and US economic...

Oil slides, gold softens

Oil Yesterday’s bullish triggers for oil prices were quickly undone today. ​ Oil prices declined after flows from the Druzhba pipeline resumed and preliminary analysis of the missile that killed two in Poland was likely an errant missile fired by Ukraine’s defense system. ​ It looks like we aren’t seeing an immediate escalation from the Russians and […]

Michael Saylor on SBF’s ’Diabolical Twist’ That Led to the Fall of the FTX Empire

On Tuesday (15 November 2022), Michael Saylor, Co-Founder and Executive Chairman at business intelligence software company MicroStrategy Inc. (Nasdaq: MSTR), was affected what the ripple effects of the collapse of FTX would be. It is worth remembering that on 11 August 2020, MicroStrategy announced via a press release that it had “purchased 21,454 bitcoins at an aggregate purchase […]

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