Brexit

Although formal negotiations over the U.K.’s exit have not yet begun, investors may be starting to think about what might happen.
The cryptocurrency surged, then plummeted, following a long bull run. So, what’s driving the big moves?
At the head of a new year, we speculate on what lies ahead economically, politically, and even globally.
Pound sterling experiences flash crash; Merrill moves to retirement fees; Schwab joins ETF cost-cutting; protectionism hot topic at IMF.
IMF projections see U.S. slowdown, problems in commodity-centric emerging markets; BlackRock slashes some ETF fees; U.S. oil supply dips; VP candidates battle.
Theresa May announces target to begin two-year departure process; Deutsche Bank shares rise on rumors of reduced settlement; Henderson to buy Janus; Illinois freezes out Wells.
Weak growth and divisive politics post threats to global trading system, but the former WTO head insists the true picture is brighter.
With a negative 35 percent return so far this year, the U.K. hedge fund manager finds himself at the bottom of the table and shedding assets.
Policymakers must address the adverse consequences of open trade if they want to stem populist pressures.
Little contagion from the referendum is seen on EU ratings, while concerns about a possible global slowdown are offset by a wall of money chasing yields.