Trump's remarks came a day before the Fed was set to announce its next decision on interest rates.Politicsread more
In a tweet, Trump said that he and Xi "had a very good telephone conversation," and that "our respective teams will begin talks prior to our meeting."Politicsread more
Democratic Rep. Maxine Waters on Tuesday requested that Facebook pause its development of Libra, an upcoming cryptocurrency that the company plans to release in 2020.Technologyread more
Tensions between China and the U.S. are threatening to slow global trade further, threatening some Asian economies.Asia Economyread more
Stocks in Asia jumped on Wednesday morning following positive developments overnight on the U.S.-China trade front.Asia Marketsread more
U.S. President Donald Trump officially kicked off his reelection campaign Tuesday at a Florida rally where he exhorted thousands of rollicking supporters to keep advancing his...Politicsread more
Tesla loses vice president of HR and head of diversity, Felicia Mayo, one of a few black woman executives to break Silicon Valley's glass ceiling.Technologyread more
Union Pacific CEO Lance Fritz tells Jim Cramer that he is optimistic about trade relations with China, Mexico, Japan, and the EU.Mad Money with Jim Cramerread more
The S&P 500 is closing in on its all-time high, and is likely to sail past it, as long as the Fed promises lower interest rates and the trade war calms down.Market Insiderread more
American Airlines pilots plan to tell lawmakers they are still concerned about fixes to grounded Boeing 737 Max planes.Airlinesread more
President Donald Trump on Tuesday announced that he will not nominate acting Defense Secretary Patrick Shanahan to hold the position in a permanent capacity. Army Secretary...Politicsread more
Commodities guru Dennis Gartman is not backing off his dramatically bearish stance on bitcoin.
"This is a market ... for criminals, this is a market for millennials," Gartman told CNBC's "Fast Money" on Monday. "This is a market for pure punters, but there is no value here whatsoever."
Even the cryptocurrency's tendency to bounce back in a big way from steep declines is not swaying Gartman.
"How can you buy or sell a painting using bitcoin, when the change in volatility is 20-30-40 percent in the course of a week? It's nonsense," he said. "I shall not trade it."
Bitcoin fell about 20 percent over the weekend, but regained much of its losses. Historically, the cryptocurrency has gained about 28 percent in the weeks following a drop of 20 percent or more.
Monday marked yet another instance of Gartman trashing the cryptocurrency. In August, he told "Fast Money" that he "didn't understand it to begin with, don't understand it now."
Gartman added that he appreciates cryptocurrency's use of blockchain technology, but he believes there are better uses for blockchain.
"There's no question blockchain has merit. It's going to change the manner in which we trade. It's going to change the manner in which we invest," Gartman said.