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North Korea’s cryptocurrency is most likely bullshit — just like its conference

North Korea is supposedly preparing to develop its own cryptocurrency to dodge the strict international sanctions crippling its economy, VICE News reports. The project was announced by Alejandro Cao de Benos, the head of “Korean Friendship Association,” a group that seeks to promote international relations with the Democratic People’s Republic of Korea (DPRK). дальше »

2019-9-19 15:56


Jamie Dimon Quashes Recession Fears — Here's Why He's Wrong

Despite worries of an impending global recession, Jamie Dimon is still feeling rather positive about the state of the U.S. economy — but his sentiment might be misguided. The J.P. Morgan Chase chairman says his gut feeling is that the American economy isn't nearing a turn for the worse — telling reporters at the Business […] The post Jamie Dimon Quashes Recession Fears — Here's Why He's Wrong appeared first on CCN.com дальше »

2019-9-19 23:03


FedEx Stock Gets Smoked After Warning Next Year Will Stink

FedEx stock is down 8% after-hours after the company reported earnings that missed analysts’ expectations and also guided towards lower revenue and profits for the rest of the year. What exactly is driving FedEx’s current problems? Is it a weakening economy, the trade war with China, or competition? Let’s parse the numbers from the earnings […] The post FedEx Stock Gets Smoked After Warning Next Year Will Stink appeared first on CCN.com дальше »

2019-9-18 02:21


Dow Jones in Trouble? Fund Managers Expect Full Blown Recession to Hit in 1 Year

A growing number of fund managers expect a recession to hit the global economy in the next 12 months, casting doubts over the Dow Jones and the stock market. “Recession concerns continue to temper investor risk appetite as 38% of Fund Managers in latest BofAML survey expect a recession over the next 12mths vs 59% […] The post Dow Jones in Trouble? Fund Managers Expect Full Blown Recession to Hit in 1 Year appeared first on CCN.com дальше »

2019-9-18 21:00


India’s Proposed Blanket Bitcoin Ban Will Set The Economy Back As Blockchain Devs And Traders Leave

Being too tough on innovation can be a cause for brain drain. At least that is what some crypto specialists in India believe right now. As the government continues its plans to ban cryptocurrencies locally, India is starting to see its first big signs of brain drain happening in the country. A complete blanket ban […] дальше »

2019-9-17 23:11


The Return of Mortgage-Backed Securities: Private Banks Ready to Play Fannie Mae and Freddie Mac

Despite the fact that mortgage-backed securities helped tank the economy during the financial crisis of 2007–2008, banks are once again getting more heavily involved with mortgage bonds after the Trump administration proposed privatizing and downsizing Fannie Mae and Freddie Mac earlier this month. дальше »

2019-9-17 22:23


Blockchain’s ‘Embedded Supervision’ Could Allow For Easier And Faster Compliance: BIS Economist

Raphael Auer, an important economist of the Bank for International Settlements (BIS), has recently devised a new low-cost solution for compliance in the financial market. The BIS, which is known as the central bank of all central banks, has an interest in the stability of the world economy and has been recently interested in the […] дальше »

2019-9-16 21:01


U.S. Treasury Yields Continue to Surge as Mnuchin Considers “Dangerous Temptation”

U. S. government debt yields rose on Thursday after core inflation exceeded analysts’ estimates, signaling that the economy is performing better than previously feared. The inflation report seemed to strike a delicate balance on Wall Street: Firming expectations about the domestic economy without compromising the Federal Reserve’s plans to lower interest rates next week. дальше »

2019-9-13 00:00


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Uber won’t reclassify drivers as employees, despite California’s AB5 ruling

Uber has said it has no plans to reclassify its vast army of drivers as employees, in light of the the gig workers’ rights bill passed in the California Senate yesterday. “We continue to believe drivers are properly classified as independent, and because we’ll continue to be responsive to what the vast majority of drivers tell us they want most — flexibility — drivers will not be automatically reclassified as employees, even after January of next year,” the company said in a statement. дальше »

2019-9-12 09:40


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California passes landmark gig workers’ rights bill — here’s what that means

California legislators on Tuesday approved a landmark bill that would consider contractors for companies like Uber and Lyft as “employees. ” The state Senate voted in favor of the bill — dubbed Assembly Bill 5 (AB5) — that would ensure gig economy workers in companies like Uber, Lyft, and DoorDash are entitled to minimum wage, workers‘ compensation, and other benefits. дальше »

2019-9-11 13:02


5 Coins to $5 Million: Teeka Tiwari’s Free Live Crypto Event is Sept 18, 2019

Dear cryptocurrency family, we have a special announcement to make regarding the “#1 Most Trusted Person in Cryptocurrency” who goes by Mr. T, the ‘crypto oracle'. As most of our loyal readers and followers know, we are definitely in a special time when it comes to finance and investing. The economy as we know it […] дальше »

2019-9-10 05:52


Dow Slithers Higher, But ‘Shallow Recession’ Lurks

The Dow crept higher on Monday, as the US stock market began its quest to record a third straight weekly gain amid rampant trade war optimism. However, the top economist at investment bank CLSA warns that the US economy is headed for an unavoidable “shallow recession” that could place the market in a precarious position […] The post Dow Slithers Higher, But ‘Shallow Recession’ Lurks appeared first on CCN.com дальше »

2019-9-10 16:36


Crypto regulation can create over 20,000 direct jobs and billions in revenue in India

Indian economy is going through a rough phase and the unemployment rate is at 45-year high while its yearly growth rate is taking a back seat. From being one of the fastest-growing economies in the world to the present situation where economists are concerned if immediate measures are not put in place, India might see […] The post Crypto regulation can create over 20,000 direct jobs and billions in revenue in India appeared first on AMBCrypto. дальше »

2019-9-8 17:30


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Venezuelans Fighting Economic Hardship Discover Crypto’s True Potential

For quite some time now, Venezuela has been suffering from a political crisis and a collapsing economy. Venezuelans dealing with rampant inflation continue to see their purchasing power decline. After witnessing one of the worst economic disasters in modern history, 4 million citizens have emigrated to seek a better form of money, shelter, and to […] The post Venezuelans Fighting Economic Hardship Discover Crypto’s True Potential appeared first on Bitcoin News. дальше »

2019-9-6 03:30