If you didn’t know what the Chicago Board of Options Exchange Volatility Index (VIX) is, you almost certainly do now after the correction.
Liftoff: Bitcoin futures are up and trading.
Given the huge buzz around the cryptocurrency, its first day was surprisingly tame – at least by Bitcoin standards.
There are a few popular names for what brick-and-mortar retail is going through right now: “Amazon-ization,” the “Retail Apocalypse,” or, my own personal favorite, the “Retail Ice Age.”
If you aren’t a subscriber to my Zenith Trading Circle service, you might have missed some lucrative good news: Retail think tank Fung Global Retail & Technology reported U.S. retailers plan to shutter 6,700 retail locations this year.
The truth is, the GOP’s sweeping plan to overhaul the U.S. tax code – the plan to create jobs and lighten the tax burden on America’s wage-earning workers – is insulting.
Maybe Vanguard Funds’ John Bogle knew he was about to ignite one of the hottest investing crazes of all time when, on Aug. 31, 1976, he launched the world’s first index mutual funds.
Then again, maybe he didn’t.
Earlier this week, Shah showed you how financialization of the U.S. economy could destroy the middle class.
There’s a widening wealth gap in America. It took a generation, but the middle class in this country has been hollowed out.
Today I’m going to share a true work of fiction. Only the names have been changed to protect the not-so-innocent.
Poor, beleaguered Greece hopes to get its next €7.1 billion ($7.5 billion) bailout payment in June, just in time to make roughly €6 billion ($6.5 billion) in payments to creditors in July.