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Traders work on the trading floor of the New York Stock Exchange (NYSE) on Friday.Spencer Platt / Staff | Getty ImagesThe SPAC mania has come to a screeching halt.Just last month, special-purpose acquisition companies celebrated a…

The rally in stock markets during the pandemic was nothing short of astonishing. However, rising interest rates raise the question of how long this bull market can last.In the twelve months to March, the average common stock mutual fund…

In the latest round of legislative proposals, some states are only promoting financial skills, while some would make the subject a requirement for a degree. For example, Ohio is considering a proposal that students must pass half a credit…

A man counts 100 renminbi notes with the Chinese flag in the background.Sheldon Cooper | SOPA pictures | LightRocket | Getty ImagesGUANGZHOU, China - Interest in China's digital yuan project could be driven in part by the rising price of…

Traders work on the floor of the New York Stock Exchange (NYSE) on March 16, 2020 in New York City.Spencer Platt | Getty ImagesWall Street investors, for the most part, view higher interest rates as the biggest threat to the stock rally,…

"Covid really happened so suddenly around this time last year that states and the Centers for Disease Control have not issued guidelines on how to operate quickly," Rosenberg said. "A large part of the camp parents wanted to send their…

The Federal Reserve raised its expectations for economic growth on Wednesday, but signaled that interest rate hikes are not expected for the next two years.The so-called dot-plot projections barely moved, and most members still expect to…

The Adyen logo is displayed on a smartphone.Rafael Henrique | SOPA Pictures | LightRocket via Getty ImagesLONDON - Adyen, the European fintech giant that processes payments for Facebook, Netflix and Uber, is not convinced that Bitcoin can…

The Bank of England has advised UK banks that they should take all necessary steps to prepare their systems for negative interest rates. This opens up the possibility for the central bank to use this additional policy tool to encourage…

Cameron (L) and Tyler (R) Winklevoss.Adam Jeffery | CNBC Gemini, the cryptocurrency exchange founded by Tyler and Cameron Winklevoss, is launching an austerity program for its US users.Starting Tuesday, the Gemini app will add a new…