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Gold futures fell for a second straight session on Tuesday, settling at their lowest over four weeks. The U.S. dollar continues to “catch a big tailwind from rising U.S. interest rates, with the 10-year Treasury yield soaring toward 3.45%” ahead of Wednesday’s Federal Reserve decision on rates, said Colin Cieszynski, chief market strategist at SIA […]

“We are in the process of communicating with relevant parties and fully committed to working this out” Su Zhu stated. 696 Total views 2 Total shares Su Zhu, the co-founder of Singapore-based crypto venture capital firm Three Arrows Capital (3AC) has put out a cryptic statement on Twitter in response to swirling rumors that the […]

Oil futures gave up early gains to finish with a loss on Tuesday, pressured after Bloomberg reported that a U.S. senator may propose a plan to impose a federal surtax on certain oil companies in a move to curb inflation. Natural-gas prices, meanwhile, settled at their lowest in five weeks as full repairs to a […]

Some of the highest-profile investors in crypto believe that a crypto market bottom is fast approaching and the timing is right to buy — although one still warns of catastrophic outcomes should prices fall below established support levels.  Billionaire Mike Novogratz, the founder, chairman and CEO of digital asset merchant bank Galaxy Digital Holdings told […]

Shares of homebuilders traded broadly lower Tuesday, after two real estate companies announced job cuts, another sign suggesting the housing market has slowed. The iShares U.S. Home Construction ETF ITB, -0.88% slumped 0.9%, putting it on track to close at the lowest price since Nov. 9, 2020. Among the sector tracker’s more active components, D.R. […]

Stocks finished mostly lower on Tuesday, with both the Dow and S&P 500 booking a fifth straight day of declines, a day before the Federal Reserve is expected to raise rates by 75 basis points. The Dow Jones Industrial Average DJIA, -0.50% shed about 150 points on Tuesday, or 0.5%, ending near 30,365. The S&P […]