Latest news

Latest news

China investors bet on volatility as U.S. presidential election heats up

SHANGHAI/HONG KONG (Reuters) - Investors in China are betting on a bumpy ride until the end of the U.S. presidential election and seeking to protect their assets from a long chill in Sino-U.S. ties. Global equity fund managers are shifting out of....

Fundstrat’s Tom Lee says stocks are in a ‘dangerous’ spot but long-term investors should sit tight

As major stock indexes fell again on Monday, Fundstrat’s Tom Lee said the market was in a “dangerous” situation but he still expected the market to erase most of its recent losses by the end of the year.

The COVID-19 lockdown is squeezing real estate from all sides and threatens to burst the housing and mortgage bubble

Recently the Federal Housing Finance Administration (FHFA) — conservator of Fannie Mae and Freddie Mac — extended the moratorium for both evictions and foreclosures until the end of the year. Many homeowners breathed a sigh of relief. Indeed, over....

Bitcoin Skeptic Turns Bitcoin Bull: Billion Dollar Company Buys 17K BTC in 74 Hours

Nasdaq-listed company Microstrategy recently bought almost 17K bitcoins within 74 hours, costing about $175 million. The CEO of this billion-dollar company used to be a bitcoin skeptic but has recently become a bitcoin bull when his company purchased....

CDC says it erroneously posted guidance that said coronavirus spreads through air and travels beyond 6 feet

The Centers for Disease Control and Prevention said Monday it erroneously posted guidance saying the coronavirus spreads through airborne particles that can remain suspended in the air and travel beyond 6 feet. The updated guidance, posted on the....