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Bitcoin jumps back above $6,000 to give respite to investors

Bloomberg The weekend is offering some respite for Bitcoin investors. The bellwether of the cryptocurrency world rose 8 percent to $6,338.22 in New York on June 30, according to Bitstamp prices. The gain, which comes after the digital asset crashed through the $6,000 threshold for the first time since February, means the token has still lost about two-thirds of its ...

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Strategists see a blowout H2

Bloomberg A global trade war is looming and emerging markets are plunging. Time to pile into US stocks. That’s the message from Wall Street prognosticators, who have stuck with full-year forecasts during a first half that’s been anything but smooth. After a torrid start to the year, the S&P 500 plunged into its first correction since 2016 and spent the ...

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Enbridge project gets Minnesota’s green light in win for oil sands

Bloomberg Canada’s oil industry just moved one step closer to getting some relief from its pipeline woes. Enbridge Inc’s planned $7 billion replacement and expansion of its Line 3 conduit, linking Alberta’s oil fields to refineries in the US, was given the green light by regulators in Minnesota, clearing the way for the project to move ahead. The state’s Public ...

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