No-fee trading has arrived for crypto. Here’s what that may mean for revenue at these companies

No-fee trading has arrived for crypto.  Here’s what that may mean for revenue at these companies

Zero-fee trading has come to the world of bitcoin, raising questions about how fee compression may affect revenues for crypto trading platforms. Last week, the US arm of the crypto exchange Binance, which had some of the lowest trading fees around, dropped fees for spot bitcoin trading. Shares of Coinbase, one of its main competitors … Read more

What to expect in a typical recession

There has been a lot of chatter recently about the possibility of a recession. Yet what exactly does that mean — and what would a potential downturn look like? A recession is defined as “a significant decline in economic activity that is spread across the economy and that lasts more than a few months,” according … Read more

Mark Zuckerberg envisions 1 billion people in the metaverse

Meta Platforms CEO Mark Zuckerberg told CNBC’s Jim Cramer on Wednesday that the metaverse could be a considerable part of the social-network operator’s business in the second half of the decade. “We hope to basically get to around a billion people in the metaverse doing hundreds of dollars of commerce, each buying digital goods, digital … Read more

5 things to know before the stock market opens Tuesday, June 21

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street set to bounce after S&P 500’s worst seek since 2020 The sign for Wall Street is seen with US flags outside the New York Stock Exchange. Yuki Iwamura | afp | Getty Images Dow futures … Read more

Stocks with strong balance sheets and attractive returns

European companies have never been richer, according to Morgan Stanley, and are ready to splash the cash — including distributing part of it to shareholders. The Wall Street bank has named a raft of stocks that have strong balance sheets and resilient cash flows and are set to return excess cash to shareholders through buybacks … Read more

Sterling has further to fall, strategists say

LONDON — Sterling has fallen by more than 9% against the US dollar so far this year and despite a recent reprieve, currency strategists see further pain ahead for the pound. The Bank of England last week delivered another 25 basis point hike to interest rates, a more cautious move than peers such as the … Read more

Retirement funds are getting beat up in 2022. How investors can cope

Near-retirees who turned to target-date funds to build their nest eggs may want to rethink their retirement planning as stocks and bonds face sharp declines. The S&P 500, off by about 23% in 2022, is in bear market territory. Bonds are also taking their lumps, with the 10-year Treasury yield rising as high as 3.48% … Read more

401(k) plans may not last long enough in retirement

Elena Kurkutova | Istock | Getty Images Older Americans may have a number of different goals with their retirement savings. But usually their main goal is the same: to make it last. Unfortunately, many younger baby boomers and members of subsequent generations who don’t have access to a traditional pension could outlive the funds in … Read more

Stocks like Coinbase & Pinterest are buys in a recession

Anxious investors should bolster their portfolios with stocks that have the best chance to weather the market volatility and represent good long-term buying opportunities, analysts said this week. These companies have certain characteristics that Wall Street analysts believe will allow them to come out on the other side of the turbulence. CNBC Pro combed through … Read more

After another big weekly loss, assessing whether stocks are cheap and a buying opportunity is near

Stocks are emphatically on sale, but are they cheap? Markdowns are not always the same as bargains. Much depends on the original price and quality of the goods. And even with last week’s price drops on Wall Street, it’s tough to say yet that the market is broadly cheap. But value seems to be emerging … Read more