Markets

Bitcoin Is Money

(Julia Tsokur/Shutterstock)
(Julia Tsokur/Shutterstock)

Up 158 percent against the U.S. dollar this year, bitcoin is now the best-performing currency. Many are confused as to how this mathematical protocol can...




  • An African elephant is pictured in Hwange National Park in Zimbabwe on Nov.19, 2012. (MARTIN BUREAU/AFP/Getty Images)

    We’re All Environmentalists Now

    The days when political lines could be drawn in terms of where one stood on the environment are over. Everybody wants cleaner air, open spaces, vibrant... Read more

  • ( L-R) Joe Marchese, President of Fox Networks Group; Donna Speciale, President of Ad Sales & Marketing, Turner; and Sean Moran, Head of Marketing & Partner Solutions, Viacom speak at the OpenAP launch event April 7 in New York City.  (Dave Kotinsky/Getty Images for New Creative Mix Inc.)

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    Christie’s: Global Sales of Luxury Homes Cooled in 2016

    LOS ANGELES—Global luxury home sales cooled off in 2016 for the second consecutive year, even with a record number of homes selling for more than... Read more

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    Bitcoin Climbs a Wall of Worry

    Investors in bitcoin live dangerously. This year, they watched as the virtual currency hit a high point of $1,350 and a low point of $975,... Read more

  • WATERBURY, CT - MARCH 28:  People walk through a nearly empty shopping mall on March 28, 2017 in Waterbury, Connecticut. As consumers buying habits change and more people prefer to spend money on technology and experiences like vacations over apparel, shopping malls across the country are suffering.In the last decade dozens of malls have closed as retailers like JCPenney, Macy's and Sears, known as 'anchor stores,' close hundreds of locations do to falling sales. Real estate firm CoStar are projecting that nearly 25% of American malls are in danger of losing their anchors stores.  (Photo by Spencer Platt/Getty Images)

    Clouds Gathering Above America’s Shopping Malls

    The recent dominance of online retailers like Amazon.com, combined with dismal department store sales figures, seems to suggest the suburban shopping mall’s days are numbered. A confluence... Read more

  • A sold sign is seen in front of a west-end Toronto home on April 9, 2017. Toronto’s overheating housing market should not be an impediment to kick-starting a private-label mortgage-backed securities market, according to two mortgage industry experts. (The Canadian Press/Graeme Roy)

    Stage Set for Private Mortgage-Backed Deals in Canada

    The time is ripe for the emergence of a residential mortgage-backed securities (RMBS) market in Canada. For some, RMBS bring back nightmares of the subprime... Read more

  • President Donald Trump speaks to workers at the headquarters of tools manufacturer Snap-On on April 18, 2017 in Kenosha, Wisconsin. Doubts continue to mount on the administration’s ability to fulfill the president’s ambitious agenda. (Scott Olson/Getty Images)

    Trump Trade Fades

    Financial markets are always adjusting to the new reality. Sometimes they get ahead of themselves and then they retrace. Case in point: reacting to the... Read more

  • A sign is displayed in the reception of the Sydney offices of Goldman Sachs in Australia, May 18, 2016. (REUTERS/David Gray/File Photo)

    In Rare Fumble, Goldman Stuns Wall Street With Weak Trading

    (Reuters)—Goldman Sachs Group Inc. fell short of earnings expectations on Tuesday due to a drop in quarterly trading revenue, prompting analysts to demand explanations for... Read more

  • Karen Mills, former head of Small Business Administration, during a House Small Business Committee hearing on Capitol Hill on June 6, 2012. (Mark Wilson/Getty Images)

    Loose Regulations Fuel the Rise of Loan Sharks

    Business owners can now secure loans in days, or even hours, without ever walking into a bank, thanks to the explosion of alternative lenders. The new... Read more

  • Crude oil storage tanks are seen from above at the Cushing oil hub, appearing to run out of space to contain a historic supply glut that hammered prices, in Cushing, Oklahoma, March 24, 2016. (REUTERS/Nick Oxford/File Photo)

    Oil Near One-Month High After US Missile Strike in Syria

    LONDON—Oil traded near a one-month high on Friday after the United States fired missiles at a Syrian government airbase, sending shockwaves through global markets and... Read more

  • A single family home in Toronto. (Epoch TImes)

    Experts Weigh in on Toronto’s Scorching Housing Market

    TORONTO—The average selling price of all homes in the Greater Toronto Area skyrocketed last month, climbing 33.2 percent from a year ago to $916,567. The... Read more

  • An oil derrick and wind turbines stand above the plains north of Amarillo, Texas on March 14, 2017. (REUTERS/Lucas Jackson)

    Oil Hits One-Month High Near $55 on Tighter Supplies

    LONDON—Oil hit a one-month high near $55 a barrel on Wednesday as a fall in U.S. crude inventories raised hopes OPEC-led supply cuts were clearing... Read more

  • Shoppers at a car dealership in Hollywood, Fla. (Photo by Joe Raedle/Getty Images)

    Auto Loan Market Fears Mounting

    After several years of growth, the auto loan market—traditionally a staple of the U.S. economy—could face severe challenges in the near future.  Currently, there is a... Read more

  • Traders work on the floor of the New York Stock Exchange (NYSE) shortly after the opening bell in New York, U.S., March 22, 2017.  (REUTERS/Lucas Jackson)

    Stocks Rise, Dollar Rallies After Strong US Data

    NEW YORK—Wall Street followed gains in stocks globally on Tuesday after U.S. consumer confidence soared to a more than 16-year high, while the U.S. dollar... Read more

  • (REUTERS/Dado Ruvic/Illustration/File Photo)

    Dollar Skids to Four-Month Low as Trump Trade Deflates

    NEW YORK—The dollar fell to its lowest since November against a basket of currencies on Monday as investors lost confidence in prospects for a fiscal... Read more

  • A consumer browses the web on his iPad at a Starbucks Coffee location in Fort Worth, Texas. (Tom Pennington/Getty Images)

    Small Business Marketing: Interruption is No Longer the Best Practice

    Marketers revel at the thought of having successful campaigns that convert consumers to customers. Being able to have that gleeful euphoria embarks marketers on a... Read more

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