Latest Market News

Jun 02
Biden to prod Congress to act on gun violence in speech tonight, White House says

President Joe Biden on Thursday night will give a televised address on “the need for Congress to act to pass commonsense laws to combat the epidemic of gun violence that is taking lives every day,” the White House said. The president is scheduled to speak from the White House at 7:30 p.m. Eastern. His speech […]

Jun 02
Public Review of Draft Regulation

Topics Expertise from the subject matter experts at New Brunswick’s Financial and Consumer Services Commission. Regulated Industries FCNB is responsible for the regulation and enforcement of securities, insurance, pensions, credit unions, trust and loan companies, co-operatives, mortgage brokers, pay day lenders, real estate and a wider range of other consumer legislation. We regulate 36,000 industry […]

Jun 02
Bitcoin touches $30K as ex-BitMEX CEO hopes $25K marks BTC price ‘local bottom’

Bitcoin (BTC) recovered to $30,000 prior to the June 2 Wall Street open as feet remained cold across crypto markets. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Crucial breaker rejecting” on Bitcoin Data from Cointelegraph Markets Pro and TradingView showed BTC/USD climbing to local highs of $30,182 on Bitstamp after wicking down to near $29,300 overnight. […]

Jun 02
Goldman COO Waldron sees ‘complex’ economic environment, but avoids Dimon’s hurricane analogy

Goldman Sachs Group Inc. GS, +0.42% COO John Waldron on Thursday characterized the U.S. economic environment as possibly the most complex, dynamic environment he’s seen in his career, according to a transcript of his comments at the Bernstein Strategic Decisions Conference. “I’m not going to use any weather analogies,” Waldron said, in refence to remarks […]

Jun 02
Coinbase chief legal officer responds to SEC disclosure FUD

Paul Grewal, the chief legal officer of Coinbase, highlighted that the funds of customers are protected legally and physically. 443 Total views 12 Total shares As fears surrounding the Coinbase exchange run wild, Paul Grewal, the chief legal officer of Coinbase, assured customers that their funds are safe within the exchange.  In an SEC disclosure […]

Jun 02
U.S. stocks extend losses Thursday morning as Microsoft lowers earnings guidance

U.S. stock benchmarks were trading down Thursday morning, after Microsoft Corp. lowered its profit guidance for its fiscal fourth quarter. The Dow Jones Industrial Average DJIA, -0.44% was down 0.3%, the S&P 500 SPX, -0.29% fell 0.2% and the Nasdaq Composite COMP, +0.08% slipped 0.1%, according to FactSet data, at last check. All three major […]