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Economics And Finance

Next In Google’s Quest For Consumer Dominance: Banking (#GotBitcoin?)

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Search giant plans to partner with banks to offer checking accounts. Next In Google’s Quest For Consumer Dominance: Banking (#GotBitcoin?) Google will soon offer checking accounts to consumers, becoming the latest Silicon Valley heavyweight to push into finance. The project, code-named Cache, is expected to launch next year with accounts…

Trump Fails To Convince Investors To Place $3.4 Trillion Into Stocks (#GotBitcoin?)

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Assets in money-market accounts are at a decade high, a bullish sign for some investors. Trump Fails To Convince Investors To Place $3.4 Trillion Into Stocks (#GotBitcoin?) Nervous investors have socked $3.4 trillion away in cash. But stocks are rising and their nerves are calming, leading bulls to view the…

Killer Mike Demands Black People Stand With Byron Allen In Discrimination Fight Against Comcast Going To The Supreme Court

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Atlanta born and social justice-centered, Killer Mike is clear about our responsibility as African Americans to one another. Killer Mike Demands Black People Stand With Byron Allen In Discrimination Fight Against Comcast Going To The Supreme Court #IStandForByronAllen Without a doubt, the rapper/activist believes that as a community, our focus…

38 Black Owned Banks And Credit Unions: Putting Your Money Where It Counts

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You always hear people talking about investing in the community and letting money circulate as a way to strengthen neighborhoods but did you know that doing this isn’t actually that hard? 38 Black Owned Banks And Credit Unions: Putting Your Money Where It Counts It turns out that there are…

Trump’s LACK Of Infrastructure Investment Is Putting American’s Lives At Risk (#GotBitcoin?)

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Aging US Dams Pose Risk to Thousands. Trump's LACK Of Infrastructure Investment Is Putting American's Lives At Risk (#GotBitcoin?) On a cold morning last March, Kenny Angel got a frantic knock on his door. Two workers from a utility company in northern Nebraska had come with a stark warning: Get…

Russia Targets Dissenters—Right In Their Bank Accounts (#GotBitcoin?)

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Activists say hundreds of people suddenly found themselves $1.2 million in debt, the amount Moscow alleges opposition group laundered for crime lords. Russia Targets Dissenters—Right In Their Bank Accounts (#GotBitcoin?) One morning in September, Andrei Yegorov woke to discover his bank account was frozen and in the red to the…

23 Dizzying Average American Savings Statistics (#GotBitcoin?)

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Everyone wants to save more money, but figuring out how to do it is usually the hardest part. While the economy is continuing its slow recovery, many Americans still struggle with being able to set aside a little something for the future. Millennials, in particular, are facing a tougher uphill…

Wall Street Banks Accused Of Rigging Us Treasury Auctions (#GotBitcoin?)

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The antitrust probe was focused on whether Goldman Sachs traders colluded with others to fix prices in the $13 trillion Treasurys market. Wall Street Banks Accused Of Rigging Us Treasury Auctions (#GotBitcoin?) The probe, which exposed weaknesses in the way the US Treasury prices the interest on the country’s debt…

Bank Failure In New Jersey Is Nation’s Third In A Week And Counting (#GotBitcoin?)

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Regulators have now closed three banks in the span of a week with the failure late Friday of City National Bank of New Jersey in Newark. Bank Failure In New Jersey Is Nation's Third In A Week And Counting (#GotBitcoin?) City National Bank of New Jersey was shuttered by the…

Blockchain Can And Will Replace The IRS

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What does taxation look like in a blockchain world? The possibilities are endless. Blockchain Can And Will Replace The IRS Blockchain. It's a buzz word that you haven't heard the last of, and that's scary to some people. It took years for most of us to begin to truly understand…

Morgan Stanley Says An ‘Earnings Recession’ Has Arrived (#GotBitcoin?)

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The long-awaited earnings recession has finally arrived, but investors are still too optimistic and should anticipate more disappointment as the year drags on, according to Morgan Stanley. Morgan Stanley Says An ‘Earnings Recession’ Has Arrived (#GotBitcoin?) Key Points * Morgan Stanley equity chief Mike Wilson, who first predicted a contraction…

Stock-Market Trading Volumes Decline As Liquidity Concerns Rise (#GotBitcoin?)

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Volumes for S&P 500 stocks are near 10-year lows. Stock-Market Trading Volumes Decline As Liquidity Concerns Rise (#GotBitcoin?) As the major equity benchmarks hover close to all-time highs, enthusiasm for the ongoing bull market appears to be mild, based on trading volume. Some analysts fear dwindling volume could spell trouble…