Author: super@dmin

The indicator known as the price-to-earnings ratio is a good starting point, but that’s about it, says Michael Batnick.

Bitcoin has set a number of records over the past year or so, most of them bad, but the most famous digital currency is on the precipices of setting a fresh record that may give crypto pundits something to cheer about.

Gold futures on Wednesday trade on either side of unchanged as a rally in government bonds across the globe, points to increased appetite for assets perceived as havens, but gains for bullion were kept in check by a firmer dollar.

Mortgage origination is up, but not enough to offset pressure from a flattening, or even inverted, yield curve, analysts say.

Bitcoin prices jumped higher on Wednesday, trading back through $4,000 and putting the cryptocurrency on track for its best session in more than three weeks.

There are a lot of choices, and many tax consequences

The New Zealand dollar is the weakest major currency on Wednesday as its central bank joins the dovish message of its peers. Elsewhere, traders are focusing on the British pound ahead of many key Brexit votes later in the session.

Two consumer-credit giants plan to start working together to sell consumers’ data to banks, the latest attempt to feed banks’ appetite for more information on customers.

Asian markets were mixed in early trading Wednesday as investors remained unnerved about the global economic outlook.

As electronic and mobile payments continue to gain steam, the fintech space is attracting more interest from outside players.