Nasdaq-listed MicroStrategy (MSTR) is continuing to buy hundreds of millions of dollars worth of Bitcoin (BTC ), causing its company’s stock to rise more than 9% on Sept. 16. The purchase of bitcoin has returned MSTR stock to pre-Covidien levels. On Aug. 11, MicroStrategy first announced that the companyRead More →
Don’t look for gold to hedge a falling dollar. That may be a surprise since gold GC00, +0.54% is often the first asset that investors think of when wanting to hedge against currency devaluation. Gold’s reputation has been strongly reinforced since mid-May, as the U.S. Dollar Index DXY, +0.04%Read More →
The latest research from the ZUBR derivatives exchange published on 29 June showed that retail investor participation is increasing despite the longstanding argument that institutional adoption would be necessary to propel crypto prices upwards With the recent halving being a distant memory and the price of Bitcoin (BTC) remaining atRead More →
Within the last hour Bitcoin (BTC) price dropped below $9,000 to a daily low at $8,813. Since June 24 Bitcoin price has been losing momentum while pinned below the 20-MA and today’s drop to $8,813 coincided with a surge in sell volume. Crypto market weekly price chart. Source: Coin360 AsRead More →
Bitcoin & Black America author Isaiah Jackson says that people invoking Bitcoin during the protests over the police killing of George Floyd have identified the “real enemy” — a legacy financial system that shuts out African Americans. Jackson spoke to Cointelegraph on June 4, saying he welcomed pictures on socialRead More →
Crypto fund manager Grayscale Investments is accumulating Bitcoin at a rate equivalent to 150% of the new coins created by miners since the May 11 block reward halving. According to data published by independent crypto researcher Kevin Rooke, Grayscale has added 18,910 BTC to its Bitcoin Investment Trust since theRead More →
© Reuters. Egypt issues new rules on buying treasury stocks in bid to support market CAIRO (Reuters) – Egypt introduced exceptional measures on Sunday to make it easier for listed companies to buy treasury stocks, a move aimed at supporting the stock market following a sharp fall in world marketsRead More →
Planning to sell a home in Raleigh, N.C.? There’s a decent chance that an “iBuyer” will purchase it. Raleigh had the largest share of homes bought by companies that use technology to make instant offers on homes. Nearly 7% of homes sold in Raleigh in the third quarter of 2019Read More →
Economists say that 2020 will be a positive — though not exactly stellar — year for the housing market. And that could be good news for renters and home buyers alike. But that’s assuming experts’ forecasts are right. “If interest rates go up 100 basis points, we’ll be off,” DougRead More →
PARIS (Reuters) – Airline group Air France-KLM (PA:) said on Wednesday it was not necessary to buy a stake in Virgin Atlantic to expand a transatlantic joint venture with Virgin Atlantic and Delta Air Lines (N:). Air France-KLM also said in a statement it would continue final preparations toward theRead More →
By David Shepardson WASHINGTON (Reuters) – California said on Monday it will halt all purchases of new vehicles for state government fleets from GM, Toyota and Fiat Chrysler and other automakers backing President Donald Trump in a battle to strip the state of authority to regulate tailpipe emissions. Between 2016Read More →
© Reuters. By Geoffrey Smith Investing.com — There are always risks to trading an election campaign, but it’s hard to see the dip in BT and Talk Talk shares on Friday as anything other than a buying opportunity. BT Group (LON:) fell as much as 4% and smaller rival TalkRead More →
By Rajendra Jadhav MUMBAI (Reuters) – Indian refiners have resumed buying Malaysian palm oil after a gap of nearly a month and contracted around 70,000 tonnes of shipments in December as Kuala Lumpur has been offering a $5 per tonne discount over supplies from rival Indonesia, five traders told ReutersRead More →
Craving a Snickers or Hershey’s HSY, -2.09% chocolate during your three o’clock slump? Think again. The U.S. Food and Drug Administration issued a final rule on Friday to revise font sizes used in calorie labeling on food sold in glass-front vending machines. It requires that calorie labels’ type size shouldRead More →
One even mildly bullish Friday 13th session could break some stock records. And why not, now that the European Central Bank has released the stimulus bazooka, the Fed is all but expected to cut rates next week and there’s more upbeat trade chatter. Incidentally, U.S-China trade hopes have added 2,000Read More →
On a recent weeknight, Dahlia and Adam Brown came home to their spacious Colonial on a quiet cul-de-sac in Marietta, Ga. The Browns both work demanding jobs and have two young sons. They bought the house in June using Knock, a company that’s trying to revolutionize the real-estate industry withRead More →
Dear Moneyist, I am a 23-year-old female who is in a relationship with a 30-year-old man. We have been together for the past four years and now have a 1-year-old together. He also has one child from a previous relationship. He has a career in the Navy and is planningRead More →
A previous version of this story misstated the profit figure. Christopher Wane Online retailer Chris Wane: ‘I really just wanted an extra 200 pounds a month to help pay the bills and maybe save up for a holiday.’ Two years ago, Chris Wane, a now 31-year-old living in Manchester, England,Read More →
Getty Images President Donald Trump suggested Tuesday he would give more aid to American farmers as the trade spat with China continued, and told his Twitter followers his administration is watching Google “very closely” over election interference. FARM AID With the U.S. and China mired in a trade brawl, TrumpRead More →
The type of personal information compromised in thefts like Capital One’s COF, -1.16% data hack could hold the “keys to the kingdom” for a bad actor, experts say — and she or he can do far more than open a credit card in your name. The company revealed MondayRead More →
Insiders at tech companies are telling us our worries about the market are overblown. While experts debate whether trade wars and an inverted yield curve portend the demise of the U.S. economic expansion, this group of elite business leaders has little doubt. Over the past few weeks, insiders at moreRead More →
Patty Angeles got the deal of a lifetime when she went shopping two years ago for secondhand furniture for her new apartment. The 25-year-old from Austin, Texas picked up almost-new shelves — and a fiancé. “We tell people we met on an app,” Angeles told MarketWatch. That’s true, but notRead More →
© Reuters. U.S. Secretary of State Mike Pompeo visits Germany BERLIN (Reuters) – The United States aims to educate its international partners on the risks posed by next-generation wireless networks manufactured by China’s Huawei, but allies will make their own sovereign buying decisions, Secretary of State Mike Pompeo said. SpeakingRead More →
© Reuters. FILE PHOTO: The storefront of a Boost mobile phone store is seen in the Brooklyn borough of New York By Angela Moon, Sheila Dang and Diane Bartz (Reuters) – Amazon.com Inc (NASDAQ:) is interested in buying prepaid cellphone wireless service Boost Mobile from U.S. carriers T-Mobile US IncRead More →
Getting to work in the mornings can be a struggle for Angelina Flood. On a good day, it can take at least an hour for her to drive from the home she and her husband bought in Southborough, Mass., to her job as an editorial assistant in Cambridge, Mass., justRead More →
