market

Goldman Sachs has endured from losses from trying to cater to the broader market and is now looking to sell its investment advisor. Leading global investment banking and financial services company Goldman Sachs (NYSE: GS) is considering…

Stocks regained momentum in afternoon trading on Monday as the tech-heavy Nasdaq Composite moved closer to breaking its four-day losing streak.During the afternoon session the Dow Jones Industrial Average (^DJI) fell 0.2%, while the S&P…

Xi Jinping sleeping (AI image)What is happening in the bond market?Treasury yields are reaching fresh cycle highs even with Fed hiking probabilities unchanged. Wonks are talking about r* again in a sure sign they have no idea what's…

Imperial College London announced a partnership with the artificial intelligence (AI) startup FluidAI on Aug. 21 to help troubleshoot issues in the digital asset market using emerging technologies. The university’s AI lab I-X will be…

Nikada Japan +0.31%. China -0.62%. People’s Bank of China lowered its one-year loans prime rate by 10 basis points to a record low of 3.45%, but kept the five-year loan prime rate unchanged at 4.2%. Chinese property firm Country Garden…

Remarks from Deutsche Bank Securities economists on higher yields, saying the Federal Reserve will welcome these due to how strong the US economy is given recent data and GDP projections. Main points: Higher yields will serve to tighten…

Blockstream, a top-tier Bitcoin infrastructure firm, has joined forces with STOKR, a trailblazing digital platform for alternative assets based in Luxembourg. Their collaboration has birthed a new investment offering: The Blockstream ASIC…

UPCOMING EVENTS:Monday: PBoC LPR.Wednesday: NZ Retail Sales, AU/JP/EZ/GB/US PMIs, Canada Retail Sales.Thursday: US Jobless Claims. Friday: Fed Chair Powell speaks at the Jackson Hole Symposium (24-26 August).MondayThe PBoC is…

(Bloomberg) -- At any other time in history, the current state of the global diesel market would have sent some countries into a panic.Most Read from BloombergAll over the world, prices for the fuel are sky-high relative to the crude oil…

While the broader cryptocurrency market recently took a nosedive, some mysterious Ethereum whale successfully escaped with $41 million worth of ETH. Days later, the price of ETH went down, along with BTC and…