Economics And Finance
Proposal Compels Your Bank To Report Any Transaction From $250.00 or More (#GotBitcoin?)
Proposal Would Broaden Transactions Recorded Under Anti-Money-Laundering Rule. Proposal Compels Your Bank To Report Any Transaction From $250.00 or More (#GotBitcoin?) FinCEN and the Fed suggest lowering the bar to $250 from $3,000 on international transactions for which sender and receiver details are transmitted. A proposed anti-money-laundering rule change would…
What To Watch For In China’s 5-Year Plan As Economy Shifts To Self-Sufficiency (#GotBitcoin?)
China’s top policy makers meet next week to hammer out the country’s future economic blueprint, offering clues on how the leadership plans to pivot the world’s second-largest economy to be more self-sufficient. What To Watch For In China's 5-Year Plan As Economy Shifts To Self-Sufficiency (#GotBitcoin?) The four-day meeting of…
Investors Push To Add Intangible Items Such As Research And Development Back Into Valuations
Ask Moderna Inc. bulls how the money-losing biotech firm has just become a $28 billion stock, and they’ll play up its status as a frontrunner to deliver a drug that ends the pandemic. Investors Push To Add Intangible Items Such As Research And Development Back Into Valuations While the company…
Factory Jobs Still Head Offshore Despite Trump Promises Including Commerce Secretary’s Auto Parts Company
An auto parts company founded by Commerce Secretary Wilbur Ross is among those moving production to Mexico this year. Factory Jobs Still Head Offshore Despite Trump Promises Including Commerce Secretary's Auto Parts Company In an election year in which millions have lost their jobs to a pandemic, Amy Sabo is…
They Pumped Nine Billion Into Small Businesses. They Want To Do Even More
Hundreds of local and state relief funds have saved hundreds of thousands of businesses, a new report finds. They Pumped Nine Billion Into Small Businesses. They Want To Do Even More States, cities, and community groups scrambled to launch loan and grant programs for struggling local businesses after the coronavirus…
Investors And Young Entrepreneurs Hit Billionaire Status Through A Special Purpose Acquisition Company, Or SPACs
SPAC Deal Will Make 25-Year-Old Luminar Founder a Billionaire. Investors And Young Entrepreneurs Hit Billionaire Status Through A Special Purpose Acquisition Company, Or SPACs Why Blank Check Companies (SPACs) Are Filling Up Fast: QuickTake Special purpose acquisition company is a boring name for something generating a ton of excitement in…
IMF Calls For Bretton Woods-Style Monetary Reset (#GotBitcoin?)
Emergency Broadcast - IMF Calls For Bretton Woods Monetary Reset As Predicted. IMF Calls For Bretton Woods-Style Monetary Reset (#GotBitcoin?) Simon Dixon: Streamed Live 3 Hours Ago [caption id="attachment_21233" align="aligncenter" width="600"] Simon Dixon: Co-Founder And CEO Of The Largest Global Online Investment Platform - Bnktothefuture.com[/caption] Simon Dixon (co-founder of BnkToTheFuture.com…
Wealthy Nations Defy Trump With Debt Lifeline To Ailing Cuba
Members of the Paris Club, an informal group of rich nations, are close to suspending Cuba’s debt obligations for this year, in a move that defies U.S. attempts to block any financial relief to the communist island. Wealthy Nations Defy Trump With Debt Lifeline To Ailing Cuba A group of…
China’s Economic Rebound Picks Up Pace While U.S. Continues Decline Into Recession
Factory activity expanded strongly in September as the recovery in sector demand and production sped up. China’s Economic Rebound Picks Up Pace While U.S. Continues Decline Into Recession China’s economy gathered more steam in September as a rebound in global demand and the government’s supportive measures bolstered factory activity and…
How The World’s Dullest Market Quietly Created A Synthetic Dollar Empire (#GotBitcoin?)
Japanese government bills and deposits at the Bank of Japan have created large-scale dollar funding, which may help explain a puzzle in Chinese finance too. How The World’s Dullest Market Quietly Created A Synthetic Dollar Empire (#GotBitcoin?) The Japanese government bond market is rarely considered interesting. With yields literally pinned…
Cost Of Racism: U.S. Economy Lost $16 Trillion Because Of Discrimination, Bank Says
Nationwide protests have cast a spotlight on racism and inequality in the United States. Cost Of Racism: U.S. Economy Lost $16 Trillion Because Of Discrimination, Bank Says Now a major bank has put a price tag on how much the economy has lost as a result of discrimination against African…
INX A Cryptocurrency Firm To Hold First-Ever SEC-Approved Tokenized IPO (#GotBitcoin?)
INX exchange taps Israeli crypto startup GK8 for crypto custody. INX A Cryptocurrency Firm To Hold First-Ever SEC-Approved Tokenized IPO (#GotBitcoin?) The SEC-approved IPO holder prefers to store crypto 100% offline. INX, a cryptocurrency firm holding the first-ever token initial public offering, or IPO, approved by the Securities and Exchange…