Financial Services

S&P 500 Falls Into Bear-Market Territory as Dow Drops

S&P 500 Falls Into Bear-Market Territory as Dow Drops

Investors’ fears over inflation and the economy’s outlook in the face of rising interest rates tipped the S&P 500 into bear market territory, lifted bond yields and dragged down cryptocurrencies and other riskier holdings. The S&P fell 3.1% in early afternoon trading Monday. If the loss holds to the market’s close, the broad index would …

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Why Apple's BNPL Just Became a Nightmare for Affirm and Block

Why Apple’s BNPL Just Became a Nightmare for Affirm and Block

Text size Apple announced a buy now, pay later product called “Apple Pay Later.” Courtesy of Apple Apple is making big strides toward being a finance company and it is crushing the shares of Affirm and Block. Apple (ticker: AAPL) announced Monday that it would soon be offering a buy now, pay later product called …

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Ethereum could 'take over everything', and there won't be a multi-chain future, says EY's blockchain leader

Ethereum could ‘take over everything’, and there won’t be a multi-chain future, says EY’s blockchain leader

Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch, and I’ll walk you through the latest and greatest in digital assets this week so far. Find me on Twitter at @FrancesYue_ to send feedback, or tell us what you think we …

Ethereum could ‘take over everything’, and there won’t be a multi-chain future, says EY’s blockchain leader Read More »