Bitcoin and other cryptocurrencies are being caught up in the storm impacting all kinds of markets, including stocks. The plunge in a type of crypto called TerraUSD is raising special concern.
Stocks staged a remarkable recovery after plunging earlier, underlining just how volatile conditions are after Russia invaded Ukraine.
Stocks fell on Tuesday as investors weighed the potential economic fallout from the new coronavirus variant. Federal Reserve Chair Jerome Powell said the central bank could end its bond-buying early.
Stock markets around the world tumbled on concerns about the new variant. While it's too soon to tell exactly how the variant functions, virologists are rushing to learn more.
If 100% of a firm's traders are fully vaccinated, it can start sending more to the stock exchange floor. They can eat lunch in their booths again. Masks will be optional in some parts of the floor.
Jerome Powell and Treasury Secretary Janet Yellen will tell Congress the economy is recovering but that more needs to be done to get to pre-pandemic levels
Meanwhile, the unemployment rate dipped to 6.2% last month as the winter wave of coronavirus infections eased.
The video game retailer's shares shoot up, the online broker Robinhood struggles for cash and securities regulators issue a stern warning for anyone trying to game the market.
GameStop has seen its stock soar, driven higher by a group of amateur day traders on Reddit, who are taking on Wall Street hedge funds. The frenzy has gotten the attention of regulators and lawmakers.
The Dow, S&P 500 and Nasdaq all hit new records as markets closed on Wednesday. Former President Donald Trump frequently cited stock market gains as a personal accomplishment.
The short-tem rental company says it's actually seeing an increase in its business because people are less inclined to stay at hotels and are choosing to "work from any home" during the pandemic.
Markets welcomed President Trump's recommendation the transition process begin, which will provide critical resources and information to President-elect Joe Biden's team.
Investors were also reassured by comments from two Biden advisers that no nationwide COVID-19 lockdowns are being contemplated.
The Dow tumbled more than 900 points as COVID-19 cases surge in the United States and Europe, while next week's election is only adding to the uncertainty over the economy.