Category Archives: Money
JPMorgan exec warns stock market could fall by 40%
By Chris IsidoreA top JPMorgan Chase executive is warning that stocks could fall as much as 40% in the next few years.Daniel Pinto, JPMorgan’s co-president, said during an interview on Bloomberg...
Mar 08, 2018
Bill Gates flunks Ellen’s grocery shopping challenge
By Aaron Smith Bill Gates is a genius. But he doesn’t know much about grocery prices. The billionaire appeared on the “The Ellen DeGeneres Show” Wednesday, and played a guessing game...
Feb 21, 2018
$530 million cryptocurrency heist may be biggest ever
By Daniel Shane A cryptocurrency exchange in Japan is coming under government scrutiny after it said hackers stole $530 million from its users. The exchange, Coincheck, has promised to partially refun...
Jan 29, 2018
In Davos Trump Touts U.S. Economy, Disparages Press
President Donald Trump is telling the world that doing business with America has never been better. At the annual gathering of international bankers, government officials and chief executives in Davos...
Jan 26, 2018
U.S. economy grew faster in 2017, but growth slowed at year’s end
By Patrick Gillespie The U.S. economy gained momentum in 2017, but growth slowed at the end of the year. The economy grew 2.3% for the year, the Commerce Department said Friday. That’s well ahea...
Jan 26, 2018
Walmart is raising its minimum wage and handing out tax cut bonuses
By Jill Disis Walmart is raising its minimum wage and handing out tax cut bonuses because of the new Republican tax law. The retail company said the wage hike — $11 an hour — would roll ou...
Jan 11, 2018
Powerball + Mega Millions = $690 million
By Chris Isidore You’ve got two ways to win more than $300 million this week. But the odds of winning either lottery aren’t as good as they used to be. The Mega Millions jackpot reached $3...
Dec 28, 2017
U.S. stocks had a banner year in 2017. These markets did even better
By Alanna Petroff U.S. stocks were on a first-class ride into record territory in 2017. But they weren’t alone. The value of public companies on global stock markets grew by $12.4 trillion in 20...
Dec 27, 2017
Dow rockets to 24,000, building on incredible post-election surge
By Matt Egan And just like that, Wall Street is celebrating another milestone: Dow 24,000. Barely a month after hitting 23,000, the Dow reached the latest landmark on Thursday just after the opening b...
Nov 30, 2017
Next stop $10,000? Bitcoin’s incredible surge hits new heights
By Daniel ShaneThe great bitcoin boom of 2017 is going from strength to strength.The virtual currency rocketed above $9,000 for the first time on Sunday and was trading above $9,500 by Monday morning ...
Nov 27, 2017