JOHANNESBURG – Cryptocurrency has shaken up the financial world over the past decade, offering a new way to transfer, store and invest money. From Bitcoin to Ethereum, these digital assets are known for their volatility. Prices can skyrocket or crash in a matter of hours. But one type of cryptocurrency is built differently: the stablecoin.
» Read more about: Stablecoins: The steady side of cryptocurrency »
Bitcoin descended more than 8% on Friday, October 11, plunging to $104,782, as global markets reeled from dramatic escalation in U.S.-China trade tensions as President Donald Trump has imposed new tariffs and tech exports controls.
In late September, the Department of Labor issued a new advisory opinion clarifying that certain lifetime-income funds in 401(k)s can qualify as default investments even when they include alternative assets (that is, investments that are not publicly traded like stocks, bonds, mutual funds, or ETFs).
That step follows multiple developments in August: President Trump issued an executive order on “democratizing access to alternative assets,” allowing 401(k)s and similar workplace retirement plans to invest in real estate,
» Read more about: Risk Aversion Is Holding Retirement Funds Back »
The year 2025 has been a rollercoaster ride for world markets. Early optimism faded as slow growth, sticky inflation, and volatile commodity prices kept investors nervous.
The US and Europe grapple to keep growth and inflation in balance, while China faces a sustained slowdown in property and exports.
Geopolitical hotspots have also contributed to the volatility,
» Read more about: Top international mutual funds for Indian investors: Diversify beyond borders »
Build-A-Bear Workshop, the nearly 30-year-old toy brand, is having a breakout moment, eclipsing some of Wall Street’s biggest winners by targeting customers across a broad age range.
The toy company’s revenue grew 11% in the second quarter to a record $124.2 million,
» Read more about: How ‘kidulting’ helped make Build-A-Bear a Wall Street darling »
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NEW YORK (AP) — A monthslong calm on Wall Street shattered Friday, and U.S. stocks tumbled after President Donald Trump threatened to crank tariffs much higher on China.
The S&P 500 sank 2.7% in its worst day since April. The Dow Jones Industrial Average dropped 878 points,
» Read more about: Wall Street has worst day since April amid tariff threat »
House Majority Leader Steve Scalise responds to Chuck Schumer’s shutdown comments, JD Vance’s viral post and the toll of the government standoff on families and workers.
A trade spat between the U.S. and China erupted Friday, sending U.S. stocks spiraling, with all three of the major averages closing sharply lower,
» Read more about: Stocks fall as US-China trade war reignites after Trump threatens tariff hike »
This special report focuses on the escalating trade war between the United States and China, with former US President Donald Trump announcing a significant tariff hike on Chinese goods. According to reports cited in the bulletin, Donald Trump stated that ‘this 100% tariff will be applied on Chinese goods from the 1st of November’.
For a moment, it looked like the relationship between China and the US was showing signs of improvement.
On 19 September, US President Donald Trump and China’s President Xi Jinping spoke on the phone after months of silence. It was only the second conversation confirmed by both sides since President Trump was inaugurated in January.
US markets tanked the most since President Donald Trump’s tariff tantrums in April on Friday, October 10, over renewed hostilities between the US and China.
The Dow Jones fell nearly 900 points, while the Nasdaq declined over 3.5%, after hitting an intraday record high before the President’s announcement. The fall on the Nasdaq was also exaggerated due to a 7% fall in shares of Qualcomm,