Oil prices spiked higher on Friday, heading toward 2½-year highs the morning after two dozen crude-producing nations agreed to limit their output through the end of 2018. U.S. West Texas Intermediate crude prices rocketed up 98 cents per barrel, or 1.7 percent, to $58.38
Bitcoin’s giant move upward is far from done, according to tech investor and stock picker James Altucher. According to Altucher, society has made major changes to its currency a few times in history: Gold replaced barter as a transactional currency; paper money replaced gold
The markets have been focused for months on global economic growth, record earnings and the premium in the market for tax cuts. But traders have spent almost no time thinking about the risk premium in the market for President Donald Trump’s potential legal troubles.
On a wild day for the markets, CNBC’s Jim Cramer wanted to take a step back and focus on an under-the-radar name to help investors unwind. “Of course, the trouble with under-the-radar [stocks] is that sometimes you’re too late to the party and it’s
“I never dismiss the big picture,” the “Mad Money” host said. “Through all of the Dow 24,000 hubbub, the sturm und drang surrounding theSenate tax reform bill and the pearl-clutching about the latest revelations from the Russia probe, let’s not forget that there are