Before a state of emergency had officially been declared to slow the spread of the pandemic in Japan, overall activity on crypto exchanges decreased as there was a spike in fiat deposits. According to data published in March 2020 by the Japan Virtual and Crypto assets Exchange Association (JVCEA),Read More →
A number of analysts believe that at some point in the future, Bitcoin prices will touch the six-digit zone or $100,000 or more per unit. This price point has been predicted by a variety of experts and analysts including the stock-to-flow (S2F) proponent Plan B, financial analyst Peter Brandt, theRead More →
Just recently, cryptocurrency evangelist Roger Ver shared a video on Twitter that shows a number of vending machines in Hong Kong that accept bitcoin cash and ethereum, but not bitcoin. A bunch of people got upset at the Tweet, including the crypto-pundit Tone Vays because they couldn’t deal with theRead More →
U.S. stocks on Thursday largely erased early losses that came after China, following a change in its methodology, reported a sharp rise in COVID-19 cases and deaths. What are major indexes doing? The Dow Jones Industrial Average DJIA, -0.26% was 67 points, or 0.2%, lower at 29,485, while S&P 500Read More →
The most fortunate young Americans are ahead of their older peers when they were their age. A sizeable number have seen a savings bump in recent years. One quarter of millenmials have $100,000 or more in savings, up from 16% two years ago, according to Bank of America’s BAC, -0.69%Read More →
The number of coronavirus infections has spiked, Chinese officials announced Saturday. The pneumonia-causing illness that infects the respiratory tract was responsible for at least 41 deaths in Central China, with 15 new fatalities as of Saturday, and more than 1,370 cases, with 400 new cases identified by Chinese health officials.Read More →
New year, new you — but only if you keep at it. About four in 10 Americans make New Year’s resolutions each year, with things like eating healthier, getting more exercise and saving more money topping the list. Despite that, most of us fail at our resolutions, with some dataRead More →
There are more millionaires next door. Despite that fact that most people are undersaved for retirement, a study released by Fidelity Thursday shows that the retirement savings picture isn’t quite as grim as you might think. Indeed, the number of 401(k) and IRA millionaires hit a record high at theRead More →
(Reuters) – Qantas Airways (AX:) pledged on Monday to slash its carbon emissions to net zero by 2050, which it said would make it only the second airline to do so, as a global push to combat climate change gathered momentum. “We’re doing this because it’s the responsible thing toRead More →
Financial advisers have long recommended that people keep up to six months’ worth of emergency savings in case of an unexpected medical bill or job loss. They crunched the numbers on more than 70,000 lower-income households, and they’ve come up with what may be the magic number for emergency savingsRead More →
Happy Monday, MarketWatchers. Don’t miss these top stories: Wealthy taxpayers have one big advantage with the IRS (that has nothing to do with Trump’s tax reform) ‘There are a lot of advantages to being rich, and this is one of them.’ These two maps show how the trade war withRead More →
Going to an Ivy League school seems to seriously pay off. Six of the eight Ivies made the Wealth-X top 20 list of universities with ultra-high-net-worth (UHNW) alumni, which ranks the schools with the wealthiest grads in the U.S. and abroad, as well as how their wealth was made. EachRead More →
The next time you order food delivery, you might want to check your driver for greasy fingers. A new survey found more than a quarter of delivery drivers admit to having taken food from customers’ orders. The study by US Foods on food-delivery habits polled about 500 delivery drivers andRead More →
Shares of Netflix Inc. surged Monday, on track for the first gain in six sessions, after a Piper Jaffray analyst said he expects the video streaming giant to beat second-quarter U.S. subscriber growth expectations. Analyst Michael Olson said while a preliminary reading of his “Netflix Search Index,” which is basedRead More →
Netflix Inc. attracted a record number of paying subscribers in the first quarter of 2019, a fact that would usually coincide with huge gains for its stock, but concerns about the rest of the year actually damaged shares Tuesday afternoon. Netflix NFLX, +3.04% on Tuesday reported first-quarter earnings, including theRead More →
Joe Raedle/Getty Images Libor is the benchmark for many adjustable rate mortgages A funny thing has happened on the way to the graveyard for the most important number in finance. Libor has been given a second life. After being manipulated by seemingly every bank during the financial crisis, regulators feltRead More →
Happy Monday, MarketWatchers! Don’t miss these top stories: Personal Finance American Airlines kicks mother and baby off flight because of dry skin condition An airline employee seemed to think the woman had a contagious disease. States and feds battle in court for supervision of fintechs A turf war or aRead More →
Americans are swiping their way deeper into debt. The number of consumers who have access to a credit card — meaning those who either have a card themselves or are authorized users on a card — hit a record high of 178.6 million at the close of 2018. That meansRead More →
The economy may be better, and unemployment may be lower. But that doesn’t mean American consumers are doing any better with their debts. That’s according to a new survey of 1,000 people from the personal-finance company Bankrate. It found that 29% of Americans have more credit-card debt than they doRead More →
Evidence is mounting that the U.S. is becoming a less attractive place for international students to study. The latest sign: A report published Thursday by the Council of Graduate Schools, which found that applications from international students to U.S. graduate schools dropped 4% between fall 2017 and fall 2018, theRead More →
