A majority of JPMorgan’s clients see bitcoin at around $60,000 by year-end, with just 5% expecting the cryptocurrency to hit $100,000

Getty Images Around 41% of JPMorgan clients see bitcoin ending the year around $60,000. Meanwhile, only 5% expect bitcoin to hit $100,000. Bitcoin tumbled below $40,000 to its lowest level since September before bouncing back above $41,000. Sign up here for our daily newsletter, 10 Things Before the Opening Bell Bullish exuberance around bitcoin hitting… Continue reading A majority of JPMorgan’s clients see bitcoin at around $60,000 by year-end, with just 5% expecting the cryptocurrency to hit $100,000

US stocks end mixed as S&P 500 drops for 5th straight session while Nasdaq edges higher after last week’s rout

Traders work on the floor of the New York Stock Exchange.Spencer Platt/Getty Images The S&P 500 dropped for a 5th straight session on Monday but closed well above session lows.  The Nasdaq Composite reversed sharply to finish higher, ending a streak of four straight losses.  The 10-year Treasury yield reached 1.8% for the first time… Continue reading US stocks end mixed as S&P 500 drops for 5th straight session while Nasdaq edges higher after last week’s rout

How to write a business plan: use this free template, tips, and examples

Whether you’re a seasoned business owner or just beginning to think about starting a business, demands come at you fast. Tasks, to-do lists, meetings, and more. Amidst that rush, the idea of writing a good business plan—much less following a business plan template—often feels time-consuming and intimidating. But nearly 70% of business owners who have… Continue reading How to write a business plan: use this free template, tips, and examples

Billionaire Chamath Palihapitiya sees US stocks rebounding rapidly as trillions of dollars rush back in from the sidelines

Chamath Palihapitiya is a billionaire tech investor.Brendan McDermid/Reuters Billionaire investor Chamath Palihapitiya said US stocks could rebound rapidly after the recent sell-off. He said there’s “a ton” of money waiting on the sidelines in products such as money market accounts. Stocks have tumbled this month as the Fed prepares to raise rates, with the tech-heavy… Continue reading Billionaire Chamath Palihapitiya sees US stocks rebounding rapidly as trillions of dollars rush back in from the sidelines

Global shares shake off inflation fears and Omicron, as investors prepare for faster Fed interest-rate rises

Traders are reflected in a screen at the Tokyo Stock Exchange.Hiroshi Watanabe/Getty Images Global shares shook off last week’s inflation jitters and bounced back Monday, ahead of US consumer price data. Tech stocks and cryptocurrencies regained some footing, while shorter-dated Treasuries got hit again. The Federal Reserve may need to raise rates faster than many… Continue reading Global shares shake off inflation fears and Omicron, as investors prepare for faster Fed interest-rate rises

An NFT collection of 10,000 Wall Street bulls sold out in 32 minutes, and soon risk-hungry collectors can double down or lose it all with new gamification feature

The Wall Street Bulls NFT collection on OpenSeaCourtesy of Wall Street Memes company. An NFT collection of 10,000 Wall Street bulls sold out in 32 minutes when it was launched in October. The collection has become a way for investors to mint their membership in a retail-trading community. Now, the collection’s creators are adding a… Continue reading An NFT collection of 10,000 Wall Street bulls sold out in 32 minutes, and soon risk-hungry collectors can double down or lose it all with new gamification feature

The market for prestige whiskeys is drawing scammers and counterfeits as coveted bottles sell for thousands of dollars

SimpleImages/Getty Images The “luxury bourbon” market is hot in America and counterfeiters are cashing in, according to a New York Times report.  Scammers refill empty bottles of premium bourbon brands with cheap whiskey and sell them for thousands of dollars.  “I’ve seen suburban dads counterfeiting just for an extra buck,” a Hollywood producer told “Inside… Continue reading The market for prestige whiskeys is drawing scammers and counterfeits as coveted bottles sell for thousands of dollars