Updated: 2 hours 17 min ago
China's central bank renewed its tough talk on bitcoin Friday, calling all digital currency activities illegal and vowing to crack down on the market.
Bitcoin and ethereum tumbled into the red on Friday, with traders rattled by tough talk out of China.
As investors reel from Beijing's regulatory crackdown, the fallout in areas like tutoring can be a guide to what went wrong, and where future opportunities lie.
Major averages have wiped out the steep losses earlier this week and are on pace to post a winning week.
The Federal Reserve will likely start to tiptoe into the unknown before year-end.
These are the stocks posting the largest moves before the bell.
Chinese regulators are trying to regulate Ant Group in line with other financial institutions offering lending products.
U.S. stock index futures were little changed during overnight trading on Thursday.
The Fed indicated rate hikes could be coming sooner than expected, and it significantly cut it economic outlook for this year.
Federal Reserve Chairman Jerome Powell on Wednesday said the central bank's current trading rules are insufficient and promised to make changes.
Wednesday's forecast showed nine of the eighteen FOMC members expect a rate hike in 2022. That's up from seven in June's Fed projections.
This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policy-making meeting on July 28.
President Joe Biden and House Democrats aim to raise taxes on Americans with more than $400,000 of income. But what's the significance of that threshold?
These are the stocks posting the largest moves in midday trading.
Nexi CEO Paolo Bertoluzzo said the Italian payments firm is "contributing to the design" of the European Central Bank's proposed digital currency.
More than three quarters of the respondents said now is a time to be very conservative in the stock market, according to a new CNBC Delivering Alpha survey.
Robinhood is testing crypto wallets with select clients next month, the company said Wednesday.
Dapper Labs and Sorare, two start-ups at the heart of the NFT boom, raised a combined total of $930 million this week.
These are the stocks posting the largest moves in early morning trading.