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Stocks News Headlines

Big money stays away from booming bitcoin

Bitcoin is booming, digital currency hedge funds are sprouting at the rate of two a week and the value of all cryptocurrencies has surged tenfold this year to more than $170 billion (£129.1 billion).

Daily Briefing: Trumpflation trade rears its head

The Trumpflation trade may be back as the U.S. President's drive to overhaul the tax code cleared a critical hurdle. The dollar, global shares and Treasury yields gained after the Senate approved a 2018 budget blueprint that will pave the way for Republicans to pursue a tax-cut package without Democratic support.

Thirty years ago this week, Wall Street slid into the abyss

Thirty years ago, before heading to work at the New York Stock Exchange, Peter Kenny left his home in lower Manhattan and made a detour to the nearby Our Lady of Victory church to pray to St. Jude, the Roman Catholic patron saint of desperate and lost causes.

Could the 1987 stock market crash happen again?

On the 30th anniversary of the 1987 stock market crash, U.S. stocks are at a record high and investors are concerned that steep valuations may mean a correction is overdue, despite healthy corporate earnings and economic growth.

Daily Briefing: Catalonian show-down, Brexit stand-off

Spain's political showdown with Catalonia hits new heights today. In an unprecedented move since Spain returned to democracy in the late 1970s, Prime Minister Mariano Rajoy has said he will impose direct rule in Catalonia unless the region's leader Carles Puigdemont retracts by 10 a.m. (0800 GMT) the ambiguous statement of intent on independence which he made last week.