Investment

BOAO, China - China's central bank is now calling Bitcoin an "investment alternative" - ​​a marked change in Beijing's tone after cracking down on the issuance and trading of cryptocurrencies nearly four years ago.Industry insiders called…

Until recently, Bill Hwang sat on one of the greatest - and perhaps least known - fortunes on Wall Street. Then his luck ran out.Mr. Hwang, a 57-year-old veteran investor, managed $ 10 billion through his private investment firm Archegos…

After the implosion of a little-known investment firm that last week weighed billions in losses on banks around the world, a big question is being asked all over Wall Street: How did they let this happen?The answer could be because Archegos…

CNBC's Jim Cramer on Thursday outlined the pros and cons of investing in the current market environment."If you accept your predicament and follow these rules, you have a chance to thrive in this brand new market. However, if you try to…

"Most people cheer, but at the same time they shake their heads and leave, when will the bust come?" said Jane Leung, SVB Private Bank's chief investment officer.One of those who bought their way into the frenzy was Matthew Schorr, 35, a…

Tesla, led by Elon Musk, confirmed it bought around $ 1.5 billion worth of bitcoin in January and expects it to be accepted as payment in the future.Artur Widak | NurPhoto | Getty ImagesDaniel Ives, an analyst at Wedbush Securities, said…

Customers wait in line at Xiaomi's flagship store in Mong Kok, Hong Kong.Miguel Candela | SOPA pictures | LightRocket | Getty ImagesIn response, Xiaomi filed a lawsuit against the U.S. Treasury Department and the U.S. Department of…

Here’s what you need to know:The tit-for-tat trade restrictions between China and the United States under the Trump administration, coupled with the coronavirus pandemic, have given China a surprising edge.China has for the first time…

pedrosala | iStock | Getty ImagesPresident-elect Joe Biden's rise to the presidency will fuel more renewable energy projects in the United States. International investors take note of this.Greencoat Capital, a global renewable energy…

Cars drive past a Walmart store in Washington, DC on August 18, 2020.Nicholas Comb | AFP | Getty ImagesWalmart said Monday that a fintech startup is making it with Ribbit Capital, one of the venture capital firms behind Robinhood.The big…