Month: December 2018

New York Fed President John Williams took a step Friday toward undoing the blunt blow to markets delivered by the Federal Reserve and Fed Chairman Jerome Powell on Wednesday. Stocks initially jumped, the dollar rose and bonds sold off, after Williams indicated the Fed would be flexible and could consider changing policy if the economy
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Lauryn Evarts at home.Lauryn Evarts Bedrooms aren’t just spaces for sleeping. They’re so much more than that. A bedroom should feel like a retreat to restore both the body and mind. I interviewed a range of successful influencers and entrepreneurs about the most intimate rooms in their homes. They generously shared not just what these spaces looked like,
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For much of his presidency, the stock market has loved President Donald Trump, trading higher on his pro-growth policies, like tax cuts, as well as his hands-off regulatory stance. But now with the stock market well off its highs, the president has increasingly become a source of uncertainty and volatility. Trump and Washington politics are
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Crystal City where search traffic spiked with Amazon HQ2 announcement: Andrew Harrer/Bloomberg photo credit:© 2018 Bloomberg Finance LP Trulia.com, the online real estate site recently looked at the real-time impact of Amazon’s HQ2 recent November 3rd announcement selecting Crystal City, Virginia as one of its sites. Cheryl Young, Trulia’s chief economist, looked at the numbers
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President Donald Trump‘s growing dissatisfaction with Federal Reserve Chairman Jerome Powell could be veering into dangerous territory: Late Friday, Bloomberg News, citing four unnamed sources, reported that Trump has discussed firing the central bank head. With the Fed embarked on a campaign to tighten monetary policy, the president has repeatedly attacked Powell, reportedly fearful that
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Facebook (NASDAQ:FB) is reportedly developing a cryptocurrency that will let users send money via its WhatsApp messaging app. The new cryptocurrency would launch first in India—a country with over 200 million Whatsapp users and the world’s leader in sending money home. Facebook Cryptocurrency According to Bloomberg, the company is creating a stablecoin, a digital currency
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The executives of UPbit, one of South Korea’s largest cryptocurrency exchanges, have been formally charged by the country’s prosecutors. According to a report from CoinDesk Korea on Friday, the Prosecutors’ Office of the southern district of Seoul has indicted three senior staff members, including founder Song Chi-Hyung, on charges of fraud. The executives are alleged to have
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Coinbase has been extremely active with its ’12 Days of Coinbase’ marketing initiative. The cryptocurrency exchange has been releasing daily updates on its company for the last ten days. Yesterday’s announcement was the biggest yet. Coinbase Moves $5 Billion On day one, the cryptocurrency exchange announced that its users could buy e-gift cards from a wallet
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Bitcoin’s ongoing recovery rally faces a major obstacle that could impede progress towards $5,000, according to the technical charts. The leading cryptocurrency by market capitalization jumped to a two-week high of $4,108 earlier today, validating the short-term bearish-to-bullish trend change confirmed earlier this week. Notably, the break above the psychological hurdle of $4,000 looks sustainable, as 24-hour
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Stocks are extremely oversold, but investors still seem bent on selling after the Federal Reserve disappointed markets with a less dovish message than expected. “The bears have been writing the script,” said Scott Redler, partner with T3Live.com. The S&P 500 lost 1.5 percent Wednesday to 2,506 and is nearly 15 percent off its September high.
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