Economics And Finance
Fannie, Freddie Regulator Moves To Ease Cash Crunch At Mortgage Servicers
Servicers were on the hook for as long as a year’s worth of payments on mortgages on forbearance. That has been capped at four months. Fannie, Freddie Regulator Moves To Ease Cash Crunch At Mortgage Servicers A top U.S. regulator took a step to help struggling mortgage lenders contend with…
Crude Oil Gutted To Sub-Zero Prices As Bitcoin’s Purchasing Power Soars
Black gold tanks to some of the lowest prices since WTI contracts began in 1983, while Bitcoin remains broadly steady at $7,000. Crude Oil Gutted to Sub-Zero Prices as Bitcoin’s Purchasing Power Soars An unprecedented sell-off has taken Bitcoin’s purchasing power sky high. Following a market downturn, crude oil is…
The Pin That Burst Facebook And Google Online Ads Business Bubble
The dispute comes amid upheaval in the online-ad world because of the coronavirus pandemic. The Pin That Burst Facebook And Google Online Ads Business Bubble A major contraction in ad spending threatens the revenue of all companies that sell digital ads, including giants like Google and Facebook Inc. Being on…
Billionaire Barry Diller Says Everybody Should Be Bailed Out (#GotBitcoin?)
‘The damage that is being done every day is enormous. Everybody needs to be bailed out for this one time thing, and we’ll worry about paying the bills later.’ Billionaire Barry Diller Says Everybody Should Be Bailed Out (#GotBitcoin?) That’s billionaire Barry Diller, chairman of Expedia Group and IAC/InterActive, talking…
Deemed ‘Essential,’ U.S. Real Estate Agents Get Back to Business—With Several Caveats
Brokers are embracing technology, socially distancing and, in some cases, giving buyers and renters more time and leeway. Deemed ‘Essential,’ U.S. Real Estate Agents Get Back to Business—With Several Caveats Although real estate agents are considered “essential employees” during the coronavirus pandemic, it’s certainly not business as usual. Some brokers…
With Crypto Jobs Available, US Universities Are Turning To Blockchain Education (#GotBitcoin)
As blockchain-focused jobs increase, universities offer blockchain courses that could help students find job opportunities this year. With Crypto Jobs Available, US Universities Are Turning to Blockchain Education (#GotBitcoin) Blockchain, a term once only familiar to Bitcoin (BTC) enthusiasts, is becoming one of the most in-demand business skills for 2023.…
Protests In U.S. To Coronavirus Restrictions Could Be Catalyst For Economic Change (#GotBitcoin?)
Never Let A Good Crisis Go To Waste. Protests In U.S. To Coronavirus Restrictions Could Be Catalyst For Economic Change (#GotBitcoin?) Flag-waving protesters gathered outside government buildings nationwide to voice their anger at stay-home orders. Protesters in Lexington, Ky., had a different perspective, reportedly shouting loudly enough to be heard…
The Stock Market Is Ignoring The Economy (#GotBitcoin?)
The Dow enjoyed its best two-week stretch in more than 80 years, but the economy is still struggling. The Stock Market Is Ignoring the Economy (#GotBitcoin?) The Dow Jones Industrial Average staged its best two-week performance since the 1930s, a dramatic rebound that has left many investors with a confounding…
Millennials Are Still Catching Up From The Last Recession. Now They Face a New One.
Millennials take stock of their finances and prepare for financial uncertainty yet again. Millennials Are Still Catching Up From the Last Recession. Now They Face a New One. In the fall of 2008, Rebekah Frank applied to graduate school. At the time, housing foreclosures, bank bailouts and recession fears ruled…
If Central Banks Can Print Money, Why Do Citizens Pay Taxes? (#GotBitcoin?)
I understand the Federal Reserve doesn't actually "print" money but they do control the money supply.. so why is it necessary for citizens to pay taxes? If Central Banks Can Print Money, Why Do Citizens Pay Taxes? (#GotBitcoin?) Why don't central banks simply increase the balance sheet according to the…
Real-Estate Firms Expect Coronavirus-Driven Shifts Will Spur Warehouse Demand
Near-term economic shocks seen giving way to changing needs, bigger inventories to meet consumer markets. Real-Estate Firms Expect Coronavirus-Driven Shifts Will Spur Warehouse Demand Industrial real-estate operators expect the disruption of consumer supply chains caused by the coronavirus pandemic to drive a new surge in warehousing demand. Warehouse developers now…
$1.1 Billion BTC Transaction For Only $0.68 Demonstrates Bitcoin’s Advantage Over Banks
When someone transferred 161,500 Bitcoin (BTC) on April 10 for a fee of only 0.00010019 BTC — approximately $0.68 — the crypto world took notice. $1.1 Billion BTC Transaction For Only $0.68 Demonstrates Bitcoin's Advantage Over Banks According to blockchain transaction details, the user moved approximately $1.1 billion dollars in…