Avocado toast and that extra side of guacamole are probably going to get more expensive if President Donald Trump‘s newest trade threat becomes a reality. The United States gets the vast majority of its supply of the popular fruit from Mexico. If Trump’s surprise threat of 5% tariffs on imports from the country goes into effect,
Month: May 2019
Uber CEO Dara Khosrowshahi (center) joins other employees in ringing the Opening Bell at the New York Stock Exchange (NYSE) as the ride-hailing company Uber makes its highly anticipated initial public offering (IPO) on May 10, 2019 in New York City. Spencer Platt | Getty Images News | Getty Images Check out the companies making
Satoshi Nakamoto is the alias used by a person or group who authored the Bitcoin whitepaper. Satoshi is the creator of the first release of the Bitcoin protocol and blockchain database. The alias was used in email and forum correspondence from August 2008 through April 2011. History Satoshi’s first appearance in the world was the
The liquidators of failed New Zealand crypto exchange Cryptopia have released their first report on the firm’s financial situation, revealing that it owes over US$2.738 million to creditors. The appointed liquidator Grant Thornton New Zealand published its report Friday, saying that 69 unsecured creditors are owed at least $1.37 million and secured creditors over $912,000, with an expected
Cromwell Place, London’s new arts hub to open in spring 2020 Cromwell Place A brand new kind of arts organisation will open in the heart of London’s museums district next spring. Applying the popular flexible workspace concept of co-working organisations like wework to the art market for the very first time, Cromwell Place is open to UK
The euro area is at risk of a new real estate bubble as a result of expansionary monetary policy from the European Central Bank (ECB), Commerzbank analysts have warned. The ECB council meets on Thursday June 6, and is likely to decide on the details of the third edition of its targeted longer-term refinancing operations
Bitcoin’s price peaked above $9,000 for the first time in over a year earlier today, but the rally was short lived as its price returned below $8,600 just minutes later. At 16:00 UTC, the world’s largest cryptocurrency jumped 4.6 percent from today’s UTC opening price of $8,681 and climbed as high as $9,084 – its
Miners are seen at the Bayan Obo mine containing rare earth minerals, in Inner Mongolia, China July 16, 2011. Stringer | Reuters China’s threat to curb exports of rare earth minerals to the United States could move the needle in an escalating trade war as the world’s two largest economies continue to jockey for leverage.
A general view of the atmosphere at the TommyXZendaya collection launch event at the Tommy Hilfiger store on March 3, 2019 in London, England. (Photo by David M. Benett/Dave Benett/Getty Images for Tommy Hilfiger) David M. Benett | Getty Images Entertainment | Getty Images Check out the companies making headlines after the bell: Shares of
27.3 Million Share Buyback Expected to Add Significant Value to Shareholders Green Growth Brands Inc. (CSE:GGB) (OTC:GGBXF), a company that has been at the forefront of every major financial publication after announcing a hostile takeover bid of Aphria in December, has recently announced a buyback of 27,300,000 common shares held by GA Opportunities Corp. The
Japanese e-commerce giant Rakuten, has partnered with blockchain analytics firm CipherTrace to help ensure compliance for its soon-to-go-live cryptocurrency exchange. CipherTrace announced Wednesday that it will help ensure sound anti-money laundering (AML) processes are in place for the firm’s Rakuten Wallet exchange platform, which is based in Tokyo. Rakuten Wallet started accepting account registrations last
It may not feel like it, but China and the U.S. are in the midst of a cold war. According to a CNBC report, the global technology sector is completely dependent on 17 rare metals that are mostly mined in China. Now the Chinese are hedging about supply. It’s what countries do when they are at war.
Real estate agents arrive at a brokers tour showing a house for sale in San Rafael, California. Getty Images National home prices rose 3.7% annually in March, down from 3.9% in February, according to the S&P CoreLogic Case-Shiller home price index. Prices had been seeing double-digit annual gains, but they are gone. The largest annual
It seems that cryptocurrencies are nearer and nearer to mainstream adoption with each day. In the latest crypto development, Microsoft Excel has added a Bitcoin symbol to the spreadsheet for use when entering financial data. This is a big leap for Bitcoin acceptance. Microsoft Adds Bitcoin Symbol to Excel This move from Microsoft is a
Defense Department’s Patrick Shanahan, before he was tapped by President Donald Trump to serve as the department’s Acting Secretary Department of Defense The Pentagon presented a report to Congress on rare earth minerals in an effort to reduce reliance on China, according to a Reuters report. “The department continues to work closely with the president,
Traders work on the floor of the New York Stock Exchange (NYSE) during morning trading on October 27, 2014 in New York City. Stocks were lower in morning trading. Spencer Platt | Getty Images News | Getty Images Check out the companies making headlines after the bell: Shares of Workday seesawed in extended trading on
Bitcoin predictions run riot in the cryptocurrency sphere, never more so than when Bitcoin goes on a bullrun. Considering the original cryptocurrency has grown over 65% this month, it’s safe to say that it is currently on a major one. We’ve recently heard bullish calls from cryptocurrency hedge fund manager Brian Kelly. He stated that
View With 63 percent month-to-date gains, BTC looks set to register its longest monthly winning run since August 2017. The falling channel breakout seen on the monthly chart favors a rally to key Fibonacci resistance of $9,442. BTC has pulled back from one-year highs hit earlier this week. The cryptocurrency, however, remains on the hunt
Mike Sales, Nuveen RE CEO Nuveen RE In this second episode of the #CEOTalks series, having sat down with JLL’s Guy Grainger last time, I spoke about PropTech with Mike Sales, CEO of Nuveen Real Estate. Nuveen RE was born out of the 2019 rebrand of TH Real Estate and, as Nuveen’s real estate specialist,
A prospective homebuyer takes in the view at a beach front property in Newport Beach, California. Jamie Rector | Bloomberg | Getty Images Lower mortgage rates aren’t enticing homebuyers much, as the spring housing season draws to a close. Total mortgage application volume fell 3.3% last week compared with the previous week, according to the
Amazon Web Services at the 2019 CERAWeek in Houston, TX. Mary Catherine Wellons | CNBC Amazon‘s stock could be worth $2,500 a share in one year, Cowen said, valuing its Amazon Web Services business at a whopping $505 billion. Cowen raised its 12-month price target for Amazon to $2,500 from $2,400, which would translate into
Shutterstock It’s been an amazing July for a couple of members of the closely followed FAANG group of stocks. The “F” and the “N” in that designation have had significant and unusual drops in price. The bad news on Facebook about lower than anticipated “user growth” tanked the huge internet social media sensation by a
Check out the companies making headlines before the bell: Foot Locker — The athletic footwear and apparel retailer reported adjusted quarterly profit of $1.53 per share, missing estimates by 7 cents a share. Revenue also came in below forecasts, and a comparable-store sales increase of 4.6% was below the 5.1% estimate of analysts surveyed by
The digital wallet industry has grown exponentially in recent years, reaching $100 billion USD in 2017. Analysts expect growth to continue, reaching a whopping $250 billion by 2024, propelled by attractive discounts and enticing cashback offers. One company that has created an impressive mobile wallet that offers a ton of great features is LiteLink Technologies Inc.
View Bitcoin has formed a bull flag pattern on the hourly chart in the last 24 hours. A break above $8,890 would confirm a bull flag breakout and create room for a rally to $9,940 (target as per the measured move method). On the way higher, BTC may face resistance at the key Fibonacci level
New York City, USA – April 7, 2018: Street intersection view of urban NYC Herald Square Midtown with red Macy’s store, sunglass hut on avenue Getty Macy’s Inc. (M) might not be a mall, but the retailer seems to be thinking like one nonetheless. As the e-commerce world keeps changing, malls and the real estate
courtneyk | E+ | Getty Images Your home may be many things. A place to raise your family. An opportunity to put down roots. But one thing it is not is a great investment, according to Jonathan Clements, editor of HumbleDollar.com and author of “How to Think About Money.” That’s because the price appreciation of
Traders and financial professionals work on the floor of the New York Stock Exchange (NYSE) ahead of the opening bell, May 8, 2019 in New York City. Drew Angerer | Getty Images One of the biggest Chinese chipmakers is delisting from the New York Stock Exchange amid the trade war, but the company said the
A truck hauls a shipping container at Yusen Terminals (YTI) on Terminal Island at the Port of Los Angeles in Los Angeles, California Mike Blake | Reuters J.P. Morgan economists said they now see second-quarter growth of just 1%, down from their prior forecast of 2.25% and way off the 3.2% reported in the first
Discover Why StillCanna (CSE:STIL) (OTC:SCNNF) Could Be The Biggest Suppliers in the Hemp-derived Product Market From Kim Kardashian actually hosting a hemp product themed baby shower[1] to Dr. Oz and Sanjay Gupta consistently singing its praises – few things are hotter right now than hemp-derived product. According to a feature by E! Hollywood[2] Kim K
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