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Market debuts of SpaceX, Anthropic and OpenAI plus slowing buybacks could remove vital support for equities, investors warn
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Asian stocks slide, oil rises as Iran and US launch strikes ReutersStock futures slip after U.S. launches ‘self-defense strikes' against Iran: Live updates CNBCAsian stocks fall as US and Iran exchange fire - business live The GuardianEmerging-Market Stocks Rise Most in Two Months on AI Dip-Buying Bloomberg
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The May inflation numbers are due out Wednesday morning. Here's what to expect CNBCBond Traders Bet on a CPI Surge That Bolsters Case for Fed Pivot Bloomberg.comInflation is set to hit the highest level since 2023 — and the Fed is back in the hot seat MarketWatchWeek Ahead for FX, Bonds: U.S. Inflation Data Due, ECB L
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Losses for AI-linked stocks overshadow gains across rest of market
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Soccer's premier tournament brings a hidden danger to your investment portfolio.
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Disruption. It's coming for the U.S. dollar in the form of digital currency. Last week the Biden administration detailed a broad plan for adopting a central bank digital currency (CBDC) in the coming years. The Departments of Energy, Commerce, the Treasury, and other agencies weighed in on how to manage and regulate a CBDC.
The government is reacting in part to the explosive growth of digital currencies. About three out of ten U.S. adults currently invest in some form of cryptocurrency, or "crypto," like Bitcoin or Ethereum. These digital "coins" rely on a decentralized network of computers to verify financial transactions, cutting out third parties like banks or credit cards.
The good, the bad, and the ugly of crypto
Advocates of crypto point to its affordability, efficiency, and its ability to reach consumers with little or no access to traditional banking services. With just a mobile phone or a crypto ATM, consumers can easily send and receive digital currency, even across international borders.
On the other hand, crypto is still largely unregulated and volatile. Investors in Bitcoin, for example, saw returns of over 70% in 2021, but the currency is down almost 60% year to date. And if you send your payment to the wrong account (called a "digital wallet") there may be no way to retrieve it. Crypto has also been used for money laundering, fraud, and to fund terrorism. Several
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Chinese stocks suffered their worst day in more than three months, as traders and investors returned from a weeklong national holiday and caught up to a global selloff that has dragged down many emerging markets.
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