The price of bitcoin, the scorching-hot cryptocurrency, soared above $9,000 a coin for the first time early Sunday morning.Bitcoin was trading at an all-time high of $9,481 a coin Sunday afternoon, according to data from Markets Insider.
Billionaire businessman Mark Cuban told Business Insider the price of bitcoin will continue to rise as long as it continues to act more as a collectible than a currency.Bitcoin's impressive march into record territory continued Sunday afternoon.
The digital cur
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Bitcoin soars above $9,000 to new record high
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Nearly all of the Fed board is up for grabs and that's creating a risk Wall Street isn't thinking about
Federal Reserve turnover is unusually high, with four seats on the central bank's board still awaiting presidential nominations.
Many market participants welcome Jerome Powell, the new chair, as having market experience and signaling a degree of policy continuity with outgoing chair Janet Yellen.
There are also fears, however, that the dwindling number of economics PhDs at the highest levels could hamper interest rate policy in coming years.Wall Street is becoming a little too c -
Pixar's 'Coco' tops 'Justice League' to win the Thanksgiving weekend box office (DIS)
Disney/Pixar dominated the Thanksgiving holiday weekend at the multiplex once again.
"Pixar" won the long holiday weekend with an estimated $72 million.
The animated movie knocked off "Justice League," which took in $60 million to come in second place.Pixar and Disney Animated Studios have dominated the Thanksgiving holiday weekend over the past handful of years, giving us titles like "Frozen," "Moana," "The Good Dinosaur," and "Tangled." Now you can add Pixar's latest "Coco" to that list.
The -
The 10 most expensive ski towns in America — and how much it costs to buy a home there
Owning a vacation home is a hallmark of the 1%.
While most Americans will shell out hundreds of dollars a weekend for hotel rooms or home rentals in the most popular ski towns, the richest of the rich can afford to put down roots.
Realtor.com recently published a list of the most expensive ski towns in the US and how much it would cost to buy a home there this winter season.
The site started with a list of more than 300 ski resorts and then located the nearest town or city in tho -
Wall Street has had a dismal year — and the latest business-by-business report card confirms it
A dismal year on Wall Street has been further confirmed by the latest business-by-business report card.
Investment banking revenues at the top-12 banks fell to $118.1 billion during the first three quarters of 2017, according to data from industry consultant Coalition.
Banks saw a strong first quarter in 2017, but it's been downhill since.
Third-quarter revenues dropped 11% from 2016 to $36 billion, according to the latest data from Coalition. That follows a trying second-quarter -
Here's how many people watched the original shows that Facebook is renewing for second seasons (FB)
Facebook has ordered second seasons for only a handful of the original shows it's funding for its Watch video section. The shows all share the same kind of viewership numbers: Significant views in the tens of millions followed by steep declines in viewership for subsequent episodes.
Watch is Facebook's three-month-old effort to foster television-like viewing habits on its service by offering original, episodic video programs (and to rake in the billions of dollars spent on T -
Walmart is crushing Target in 3 critical ways
Walmart has an edge over Target online.
The retailer is beating Target in three key ways: convenience, digital capabilities, and value.
Walmart and Target are going head-to-head in the digital war against Amazon, and so far Walmart has the upper hand, according to Cowen & Company analysts.
Walmart's e-commerce sales soared more than 50% in the most recent quarter, compared to 24% growth for Target.
In a research note, Cowen managing director Oliver Chen s -
Here's everything you need to know about blockchains, the ground-breaking tech that could be as disruptive as the internet
From a 'castle' full of bitcoin millionaires to the initial coin offering (ICO) craze, it's hard to escape the chatter about how some people are building their fortunes off the new world of cryptocurrencies. But behind those cryptocurrencies sits a technology called blockchains, which some people believe could fundamentally rewrite how transactions are handled online.
With analysts at UBS estimating that blockchains could be a $300 billion to $400 bi
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