Andres Diaz

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U.K. stocks end higher as traders shake off Syria tensions for now

U.K. stocks erased an earlier loss and ended higher on Friday, tracking gains across Europe as worries over an imminent military attack in Syria …

Stock Markets

Trump is finally making investors nervous

Investors spent most of last year ignoring the president’s antics. They’re not anymore.<p>If the stock market was in a Trump rally before, it’s in a Trump slump now — even if the president would rather not admit it.<p>Wall Street largely embraced — or, when necessary, ignored — Trump’s antics during the …

A key recession signal is back at levels last seen during the financial crisis

• <b>The yield curve, which measures the difference between short- and long-term bond yields, hit its narrowest point since October 2007.</b>• <b><br>When the curve inverts, meaning long-term yields fall below short-term yields, it has historically indicated that a recession is coming.</b>• <b><br>Follow 2-year and 10-year</b> …

Economics

Bitcoin is nearing a 'death cross' on the charts. Here’s what it means

Bitcoin has gone bust, tumbling below $8,000 this week. There's something in the charts that could have investors hitting the panic button.<p>Bitcoin's …

Bitcoin plunges as social media cracks down on cryptocurrency ads

Volatile bitcoin took another punch to the gut.<p>Bitcoin (XBT) briefly fell below $8,000 because of concerns that top social media companies are no longer running ads tied to cryptocurrencies. Twitter (TWTR) is the latest to take action against crypto ads.<p>The company confirmed in a statement to …

Social Media

Dow drops more than 400 points into correction, posts worst week since Jan. 2016

Stocks fell sharply on Friday, adding to their steep weekly losses, as investors assessed the possibility of a trade war brewing between the U.S. and …

My Best Advice For Millennials Right Now

I have two Millennial children at the very youngest end of that generation's age range. So, this is really the advice I'm giving to my own children. …

Fund figures show investors retreated from U.S. stocks on tariff news

NEW YORK (Reuters) - U.S. fund investors withdrew billions from domestic stocks during the equity market's tariff tantrum, the Investment Company Institute (ICI) said on Wednesday, adding turbulence to a market that has shed its carefree attitude.<p>Some $11 billion was liquidated from U.S.-based …

Bitcoin’s bouncing back, here are the next big catalysts for the cryptocurrency

Bitcoin is back.<p>The cryptocurrency surged Tuesday, closing in on the $12,000 level. One bitcoin bull says progress on the regulatory front could send …

Anonymous trader buys $400 million in bitcoin

Go big or go home. That’s the motto of one mysterious investor who put his chips on the table, buying close to $400 million of the No.1 digital …

Cryptocurrency

Litecoin jumps 30 percent as traders bet on more users, upcoming split into litecoin cash

Litecoin surged Wednesday after news that a payments processor for the cryptocurrency is set to launch Feb. 26.<p>The cryptocurrency jumped 36.8 percent …

Bitcoin trader after a discussion with his accountant: ‘F**k taxes’

Cryptocurrency traders, relatively new to the “investing” game and coming off a year of incredible gains, are getting a crash course in what …

The 19-year-old who made his fortune in bitcoin says if you don't become a millionaire in the next 10 years, it's your own fault

German teenager Erik Finman has an unusual success story.<p>When was 12 years old, he realized school wasn't his future. Most of his classmates felt the same, of course, but Finman took action: He made a bet with his parents.<p>His parents promised that if he became a millionaire before his 18th …

Cryptocurrency

Warren Buffett Shares the Secrets to Wealth in America

I have good news. First, most American children are going to live far better than their parents did. Second, large gains in the living standards of …

Why You Shouldn't Be Afraid of Artificial Intelligence

Artificial intelligence is one of the hottest, least understood and most debated technological breakthroughs in modern times. In many ways, the magic …

Banks expected to share tiny proportion of mammoth Saudi Aramco IPO

LONDON (Reuters) - The banks that will advise and execute Saudi Aramco’s stock market listing are expected to share a tiny proportion of the $100 billion Riyadh hopes to raise in its initial public offering, according to banking sources and industry insiders.<p>FILE PHOTO: Logo of Saudi Aramco is seen …

Your Evening Briefing

<i>Want to receive this post in your inbox every afternoon? Sign up here.</i><p>What does the Bitcoin craze have in common with dot-coms and tulips? That's the …

Bitcoin sinks below $10,000 and is now 50% off all-time high as cryptocurrency sell-off deepens

Bitcoin fell below $10,000 for the first time since November, as a sell-off in cryptocurrencies continued for a second day.<p>The world's largest …

Bitcoin tests important price level after dramatic plunge

While bitcoin may look like it will continue to crash and burn, some strategists say its chart suggests it could be trying to find at least a …

Bitcoin Crashes and Then Surges in Wild Weekend Action

Bitcoin is proving that investing in digital currencies isn’t for the faint of heart.<p>After plunging as much as 29 percent from a record high …

Cryptocurrency

Bull market in 'bottom of ninth inning,' says strategist who called the year's rally

A Wall Street portfolio strategist who urged investors to believe the rally is now predicting the bull market's eventual demise — and it has nothing …

Bad-Debt Experts, China's Calling

So China would like a bit of foreign expertise after all.<p>In a surprise move, and timed with U.S. President Donald Trump's state visit, China said it …

Wall Street can’t catch up to this surging tech stock

It's the best performing stock in the last year that Wall Street just can't catch up to.<p>Shares of Nvidia are up 194 percent over the last 12 months, …

Capital One exits mortgage loans business, cuts 1,100 jobs

(Reuters) - Capital One Financial (COF.N) will stop issuing mortgage and home equity loans and cut some 1,100 jobs amid rising interest rates that have pushed away borrowers and slowed loan growth at many U.S. regional banks.<p>FILE PHOTO - Capital One Financial Corp building is seen in McLean, …

Companies are more worried about Amazon than Trump

In the early weeks and months after Donald Trump was elected U.S. president, it was all companies could talk about.<p>While industries debated what the …

Wells Fargo sees trouble for stocks — brace for a 4% to 8% slide before year’s end

The stock market could come within a hair of a correction in the next three months, Wells Fargo says.<p>Scott Wren, senior global equity strategist at …

Bank of America will continue share buybacks, CEO says

(Reuters) - Bank of America Corp (BAC.N) will continue to favor share buybacks over a dividend increase to avoid putting itself in a position where it may have to reduce the dividend in the future, Chief Executive Brian Moynihan said at a conference in London on Wednesday.<p>FILE PHOTO: Brian …

As Wells Fargo’s woes mount, its board may be on the firing line

Ongoing wrongdoing at Wells Fargo could claim its board of directors, according to new research.<p>While such steps have a “checkered history,” and …

Week ahead: How to navigate the cruelest market month

Consider these the dog days of the dog days. Not only is August traditionally a crappy markets month, but it's also when it gets harder to find truly …

Market movers this week: Get ready for the Fed, housing reports and earnings

Investors just keep watching the stock market go ever higher, smashing new records on an almost daily basis. This week, they'll have plenty more to …