The volatility of the digital currency markets was on display again Wednesday, as bitcoin briefly fell below $10,000 before rebounding back above $11,000 in the U.S. afternoon.
Wall Street stocks rose early Friday as markets assessed the risks of a possible US government shutdown that could damage the economy.
Bitcoin may be the most famous cryptocurrency but, despite a dizzying rise, it’s not the most lucrative one and far from alone in a universe that counts 1,400 rivals, and counting.
Bitcoin fever has hit the US real estate market, especially that of Florida, offering foreign investors a way to dodge currency controls at home and US economic sanctions.
The stock market’s fantastic start to 2018 stalled out on Wednesday after interest rates climbed.
Canada’s trade deficit rose to Can$2.5 billion (US$1.7 billion) in November on the back of the sharpest rise in imports in more than eight years, the government statistics office said Friday.
Wall Street stocks powered higher Friday with the Dow surging further above 25,000 points as bullish investors shrugged off a disappointing US jobs report.
Saudi Arabia announced Saturday it had boosted stipends and benefits for citizens to cushion the impact of economic reforms including the kingdom’s first ever taxes after an oil price slump.
Asian stock markets rose Friday after the Dow Jones industrial average finished above 25,000 for the first time. An agreement by North and South Korea to hold talks also lifted sentiment. Investors were looking ahead to a U.S. jobs reports
Hong Kong shares went into the weekend with another rise, marking a ninth straight gain following more records on Wall Street and as energy firms benefited from a rally in oil prices.