One of the main obstacles holding back mass adoption of Bitcoin is that it’s not all that easy for the average person to buy it.
If you like bull markets, you better hope Janet Yellen is one of the most talkative Fed Chairs in history.
Friday’s jobs report may be better than the last two – but it’s still far from good.
The latest exchange on raising the minimum wage in 2014 is only one chapter in this months-long political brawl – one that will see Republicans mostly on the defensive.
Fresh ammo came Tuesday from a new Congressional Budget Office (CBO) report, which gave both advocates and opponents some statistics to crow about.
Money Morning Chief Investment Strategist Keith Fitz-Gerald appeared on FOX Business’ “Varney & Co.” this morning (Tuesday) to answer the question, “Does weather move the markets?”
Georgia will fall victim today to a winter storm the National Weather Service is calling “a historic, catastrophic event.” Atlanta will shut down for the next two days, and U.S. President Barack Obama declared an emergency for the state. The storm will ultimately affect more than 100 million people, from Texas to Georgia, New York, and Massachusetts this week.
On Tuesday morning, Federal Reserve Chair Janet Yellen spoke before the House of Representatives in the semiannual Monetary Policy Report. These are her first public comments since assuming the role as head of the U.S. central bank from her predecessor Ben Bernanke on Feb. 3, 2014.
A fresh crisis may be the beginning of the end for Bitcoin exchange Mt. Gox, but the harm to the digital currency itself will be temporary.
Fans of the digital currency woke up Friday trying to figure out why Bitcoin prices are falling after more than a month of relative price stability on the Japan-based exchange.
After several consecutive months of job gains near or above 200,000, the streak came to an abrupt halt with the December jobs report – reminding everyone how fragile our economy still is.
Today, 1.3 million long-term unemployed workers sit restlessly in Congress’ palm. They will be left without federal unemployment benefits just three days after Christmas if Washington fails to rework the budget deal to extend the Emergency Unemployment Compensation Program (EUC).
Fed-watchers are pretty sure they know what the word on a Fed taper will be when the official announcement comes following the Federal Open Market Committee (FOMC) meeting today and tomorrow (Wednesday)…