Category: FINANCE

Stocks dropped Wednesday for a third straight day as inflation fears kept investors on edge.By the closing bell: The Dow was down 164 points. The S&P gave up 12. The Nasdaq slipped 3.Minutes from the ... ( read original story ...)

Japan's exports surged 38.0% in April from a year earlier, Ministry of Finance data showed on Thursday, pointing to solid recovery in overseas demand. The rise compared with a 30.9% increase expected ... ( read original story ...)

Bitcoin and other cryptocurrencies are plunging as anxiety spreads through the market — this time, after China took more steps to crack down on the digital coins. ( read original story ...)

Bitcoin’s been in the limelight for months but a frenzied crash and subsequent mini snap-back in its price in the course of a single day in May was remarkable even by its own volatile standards. The ... ( read original story ...)

Crypto markets are in the midst of a substantial selloff that has shaken the conviction of some new investors in the nascent sector. Here's what some ... ( read original story ...)

All of the top 10 cryptocurrencies by market cap, except the stable coin Tether, fell by double digits on Wednesday in a crypto rout. ( read original story ...)

Mike Novogratz, a major cryptocurrency investor, told CNBC on Wednesday that the breakdown in bitcoin won't be fixed quickly. ( read original story ...)

Stocks closed broadly lower on Wall Street Wednesday, extending the market’s downturn to a third day. The price of Bitcoin and other cryptocurrencies dropped sharply in a surge of selling. ( read original story ...)

Doctors in Japan are asking for the cancellation of the Tokyo Olympics as they fight to contain a recent COVID-19 case increase that has left hospitals in the country full. According to Reuters, the ... ( read original story ...)

Japan’s target of balancing its budget by fiscal 2025 is essentially out of reach and pushing for it too hard would derail the pandemic-hit economy, according to Ayako Fujita, a member of the finance ... ( read original story ...)

After reaching unicorn status, investors are wondering if Boom Supersonic stock is in the near future. If it does go public, here's what you need to know. ( read original story ...)

Stocks fell broadly in afternoon trading Wednesday as the market's downturn entered into a third day. Meanwhile the price of Bitcoin and other cryptocurrencies dropped sharply. ( read original story ...)

Like many things in markets, Bitcoin managed to maximize the pain. Its rise went on just long enough to pull in a bunch of otherwise sensible money. And then it made them pay. ( read original story ...)

The price of cryptocurrencies is continuing to plunge amid a dramatic crash. The entire market has dropped dramatically in the wake of a coming Chinese crackdown on the use and trading of virtual ... ( read original story ...)

Rolling coverage of the latest economic and financial news ... ( read original story ...)

Virtual currencies can't be used to conduct business as they don't have real value, China's central bank said. ( read original story ...)