Bitcoin has returned to its all-time high of $124,000 per bitcoin this week while stock markets and crypto have also surged as traders brace for a 2026 Wall Street bombshell. Sign up now for CryptoCodex—A free crypto newsletter that will get you ahead of the market The bitcoin price, which has doubled over the last…
It’s been a rough few years for bearish forecasters. Calls for a recession or a market crash have been mounting since 2022, and barring a slight blip here and there, downbeat prognosticators have basically gotten it all wrong. First, Federal Reserve rate hikes were supposed to throw the economy into recession. When that didn’t happen,…
Stocks fluctuated over the course of the trading session on Thursday before once again ending the day mostly higher. With the upward move, the major averages closed higher for the fifth straight session, reaching new record closing highs. The major averages all finished the day in positive territory. The Nasdaq climbed 88.89 points or 0.4…
Stocks closed at record highs Wednesday despite a U.S. government shutdown expected to idle hundreds of thousands of workers and hobble federal agencies charged with dispensing a range of critical services. So why do investors seem unfazed? Although shutdowns have serious, real-world consequences for millions of Americans, data shows they tend to have a modest impact…
Shares of latin American e-commerce and fintech company MercadoLibre (NASDAQ:MELI) fell 7% in the afternoon session after investors locked in some profits amid broader macroeconomic concerns following a significant run since the start of the year. Given the absence of any company-specific update, this move was likely amplified by a general “risk-off” sentiment in the…