Market News

Silicon Valley startup Xapo, one of a handful of young companies trying to become the Fort Knox of the digital currency bitcoin, raised $20 million in a funding round led by venture-capital firm Benchmark Capital.

A recent Twitter exchange between J.P. Morgan Chase and a customer illustrates the important role social media now play in bank-customer relations.

Russia's intervention in Ukraine signals trouble for OAO Rosneft's bid to buy Morgan Stanley's oil-trading unit, according to people involved in the deal and others familiar with the U.S. government's approval process.

Diners are increasingly dissatisfied with many big, national sit-down restaurant chains, and like fast-food brands better, according to the recently released 2012 American Customer Satisfaction Index. Here's a look at th...

The dramatic increase in oil supply from the U.S. and Canada--coupled with a surprise surge in Iraqi output--helped stave off demand from a cold U.S. winter and nervousness about tension between Russia and Ukraine.

The eleventh trading week of 2014 comes to a close with investors digesting the producer price report, and still focusing their worries on the unfolding situation in Ukraine.

Kayne Anderson MLP Investment Company (KYN) declared a quarterly distribution of $0.625 per share for the quarter ended February 28, 2014. This distribution represents an increase of 2.5% from the prior quarter's distrib...

Here's a preview of this week's IBTimes Magazine: What 9/11 trial? Chris Harress interviews New Yorkers on the street about whether they have concerns or opinions regarding the landmark trial that began March 5 in the fe...

Viktor Zubkov, the chairman of the board of Russian energy giant Gazprom, sold his entire stake in the company on February 11 for about $127,000, according to a statement filed by the company and reported by Russian medi...

Most people, once they get safely past their teenage years, have a pretty concrete list of risks they don't care to take.

The SPDR S&P Semiconductor ETF (XSD) is seeing unusually high volume in afternoon trading Friday, with over 80,000 shares traded versus three month average volume of about 29,000.  Shares of XSD were up about 0.6% on th...

In trading on Friday, the SPDR S&P Oil & Gas Exploration & Production ETF (XOP) is outperforming other ETFs, up about 1.3% on the day.  Components of that ETF showing particular strength include shares of Vaalco Energy ...

RBI says the bonds were sold to a single institutional investor

In trading on Friday, education & training services shares were relative laggards, down on the day by about 1%.  Helping drag down the group were shares of ITT Educational Services (ESI), off about 2.9% and shares of Ed...

In trading on Friday, cigarettes & tobacco shares were relative leaders, up on the day by about 1.3%.  Leading the group were shares of Vector Group (VGR), up about 2% and shares of Reynolds American (RAI) up about 1.6%...

Here's one way to add higher yields to your portfolio.

FMC allows evening trade in globally-linked farm items on weekdays with effect from 1 April

Problems with U.S. railroad traffic amid a harsh winter are disrupting the flow of natural resources across the country, reports the Wall Street Journal.

Russia's 10 richest individuals lost as much as $6.6 billion, or 4.7 percent of their combined net worth since last Monday, according to a new report published by Wealth-X, after the country's ruble-denominated MICEX ind...

What retirees can do now for a better retirement later.

Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the iShares MSCI Brazil Capped ETF (EWZ), where 7,150,000 units were destroyed, or a ...

Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the iShares Short Treasury Bond ETF (SHV), which added 3,800,000 units, or a 19% increase we...