The latest tariffs on American and Chinese goods aren’t as severe as expected, making stocks rise on Tuesday. Substantial profits in tech also propelled market gains. The S&P 500 increased 0.5 percent to close at 2,904.31, headed by buyer discretionary spending and industrials. It is also less than half a percent from its record high.
Hurricane Maria had a disastrous effect on Puerto Rico, and even though the one-year anniversary of the natural disaster is on September 20th, the island has yet to fully recover.
Venezuelan workers who got a pittance are now getting a slightly higher pay, thanks to a 3000% increase in their minimum wage. What they may not have, though, are jobs. Seven million employees are now guaranteed 1,800 bolivars per month, which is worth about $20 at the black-market rate, after a minimum wage hike. Venezuelan […]
Professionals at investment bank JPMorgan say the next global economic crisis will start in 2020. Experts say the recession due to occur in two years will be less impactful than the 2008 crash, which sent the globe into recession and has been named the worst recession ever.
Elon Musk appeared as a special guest on The Joe Rogan Experience podcast last week. When Rogan lit up a tobacco-cannabis hybrid cigarette – often referred to as a butt – after two hours of interview, he assumed Musk would decline due to the inevitable backlash from Tesla and SpaceX shareholders.
Nike shares recovered their losses on Monday after their contentious publicity campaign featuring former San Francisco 49ers quarterback Colin Kaepernick initially spurred a drop in their shares. The campaign, released to celebrate Nike’s 30th anniversary of their slogan “Just Do it,” sparked both backlash and support of the brand.
Google just introduced a new group of startup businesses into Launchpad Studio, the tech behemoth’s accelerator it launched last year that matches top machine learning startups and experts from Silicon Valley with Google – its people, network, and advanced technologies. While the accelerator’s first group was meant to gather new insights from medical data, this most […]
Usually, when people think about cryptocurrency, it’s on hard drives, cell phones or third-party exchanges. But, cryptocurrency debit cards have long been an exciting frontier for crypto-enthusiasts. The large San Francisco-based exchange, Coinbase, has offered a debit card, the Shift Payment Card, which allows users to gain access to their cryptocurrency just like their bank […]
Zen Magnets’ existence as a Denver-based Magnet sphere company has not been easy. The company, which once released a Zen Magnets Bitcoin Set, was brought to court over their products and lived to tell about the story. Today, as the only U.S.-based magnet sphere company, the company has pressed on after having their business threatened […]
(GoldSilverBitcoin) – Everex, formerly Midas Reserv, is making waves in the crypto-cash industry thanks to its contributions in cash-transfer technologies. Based on the Ethereum blockchain, Everex’s central product, Cryptocash, allows individuals to transfer cash across borders instantly in form of national currency on a blockchain. Applicable to remittance and cash transfers, Cryptocash is a digitized […]
(Gold Silver Bitcoin) – $450 million RMB on a blockchain. That’s what VeChain brings to the table in the world of blockchain. It’s really the most promising blockchain use case out of China – and there are many.
Hackers threatened the Bengaluru-based IT giant Wipro with a biological attack if the company did not pay $77,760,498 USD (500 crore) in bitcoins by May 25. In an email sent on Friday the sender threatened to use Ricin, a natural toxin, in food served in cafeterias, drones or on toilet seats. The email, with a […]
Chamath Palihapitiya, an owner of the Golden State Warriors professional basketball team, recently took to twitter to celebrate the digital currency Bitcoin. “Reiterating my belief about $BTC,” the venture capitalist from Sri-Lanka (raised in Canada) tweeted. “It’s the ultimate insurance policy against autocracy, currency curbs and other forms of value destruction.” Reiterating my belief about […]
(Gold Silver Bitcoin) President Trump warned last week of a “major, major conflict with North Korea”. He said he’d rather do things diplomatically, though it’d prove “very difficult.” Trump has made no secret about tensions between North Korea and the US. “There is a chance that we could end up having a major, major conflict […]
Mike Cannon-Brookes admitted he likes to gamble – on bitcoin. Cannon-Brookes tweeted on Monday: An ounce of Bitcoin is finally worth more than an ounce of gold. https://t.co/0NEa0Szq2z — Mike Cannon-Brookes (@mcannonbrookes) April 30, 2017 Cannon-Brookes, who mistakenly thinks bitcoins come in ounces, tweeted later that he “bet” on bitcoin, and he has done well […]