"We do not seek conflict with Iran or any other country," Trump tells reporters in the Oval Office.Politicsread more
Nineteen billionaires release a letter asking the 2020 presidential candidates to support a tax on America's richest families.Economyread more
Sen. Bernie Sanders announced a plan Monday to forgive the country's $1.6 trillion outstanding student loan tab, intensifying the higher education policy debate in the 2020...Personal Financeread more
Shopify debuts a new network to help it compete with Amazon.Marketsread more
Home Depot CEO Craig Menear said the company aims to minimize any impact that potential tariffs will have on customers by cutting costs elsewhere in the supply chain. The...Retailread more
Shares of Bristol-Myers Squibb plunged Monday after announcing that the target closing date for the proposed acquisition of Celgene has been pushed back and that the deal will...Biotech and Pharmaceuticalsread more
These are the stocks posting the largest moves midday.Market Insiderread more
She takes the helm after Kevin Tsujihara was ousted in March after an investigation into sexual misconduct allegations.Entertainmentread more
The Trump administration had argued the president has wide-ranging authority over national security matters.Politicsread more
Gold surged to its highest level in nearly six years on Monday as the prospects of lower Federal Reserve rates and lingering geopolitical tensions between the U.S. and Iran...Marketsread more
Cashin believes the Fed could slash interest rates by an aggressive 0.5% at its next policymaking meeting at the end of July.The Fedread more
Cryptocurrency ripple fell Tuesday on the Bitstamp exchange, adding to sharp losses from the previous day.
The price of the digital currency dropped 12.8 percent and was at $2.12 as of 4:56 p.m. ET.
Ripple shed more than 8 percent Monday as prices of several digital currencies also declined. Bitcoin briefly dropped more than 10 percent before finishing the day down about 2 percent. Litecoin also fell Monday.
Coinmarketcap.com, an industry site, showed ripple down more than 30 percent at one point on Monday. The sharp move lower appeared to be a reflection of the site excluding certain prices from Korean exchanges. Other sites and exchanges showed ripple down more than 10 percent at the time.
Ripple's price gain last year left major cryptocurrencies like bitcoin in the dust. In 2017, ripple soared 35,000 percent, while bitcoin rose 1,500 percent.
However, some experts say the digital currency, which is also called XRP, may have run ahead of itself. "Definitely the ripple ecosystem is definitely going to have to get a lot , " Michael Graham, an analyst at Canaccord Genuity, said last week. But he also said "the use case for XRP is quite clear. That sets it apart from other crypto assets."
Ripple is officially the name of a San Francisco company that is developing a payments network for financial institutions. XRP is the name of the coin that Ripple participants can use for transactions. The company has also said that more than 100 financial institutions are using its network in some capacity.