Economics And Finance
Federal Reserve To Let Inflation Run “Hot” Going Into Next Recession (#GotBitcoin?)
As the Federal Reserve remains unable to stoke inflation (because it refuses to measure it correctly) and refuses to factor in asset price inflation... Federal Reserve To Let Inflation Run "Hot" Going Into Next Recession (#GotBitcoin?) ... it has now considered launching a new rule that would let inflation run…
Black Friday Arrives Without The Mad Rush
Natalie Mendo, a 24-year-old student in Queens, N.Y., went shopping on Thanksgiving to see how the prices in her local mall stacked up against what she has seen online. “I’ll see if there’s anything really great,” she said at a crowded New York City mall. “If not, I’ll go home…
SEC Fails To Enforce Fines And Penalties On Failed ICOs
Three startups have missed deadlines to pay back investors or provide more transparency. SEC Fails To Enforce Fines And Penalties On Failed ICOs Regulators’ efforts to push cryptocurrency startups to comply with laws governing fundraising may be faltering, as several firms that agreed to fix past misdeeds missed deadlines to…
China’s New $21 Billion High-Tech Manufacturing Fund Likely To Rankle U.S.
The Trump administration has criticized China for subsidizing the technology and advanced manufacturing sectors. China’s New $21 Billion High-Tech Manufacturing Fund Likely To Rankle U.S. China set up a $21 billion fund to further develop its advanced manufacturing sector, demonstrating that Beijing is pursuing its ambition to lead globally in…
OK Boomer, Who’s Going To Buy Your 21 Million Homes?
Baby boomers are getting ready to sell one quarter of America’s homes over the next two decades. The problem is many of these properties are in places where younger people no longer want to live. OK Boomer, Who’s Going To Buy Your 21 Million Homes? When this Phoenix suburb opened…
Harvard University Stages ‘Digital Currency Wars’ Crisis Simulation (#GotBitcoin?)
Harvard University’s Kennedy School carried out a live simulation of a White House National Security Council meeting on Nov. 19, featuring former senior administration officials and thought leaders. The “Digital Currency Wars” event examined a potential future scenario, following a North Korean missile test, potentially enabled by China’s proposed digital…
Why Cheap Money Hasn’t Led To A Corporate Spending Boom (#GotBitcoin?)
Weak economic growth made new factories unappealing, while disruptive technologies didn’t involve much investment. Why Cheap Money Hasn’t Led To A Corporate Spending Boom (#GotBitcoin?) One of the great financial puzzles of the past decade has been why companies didn’t load up with the cheapest money in history to invest…
Next In Google’s Quest For Consumer Dominance: Banking (#GotBitcoin?)
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?)
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
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…
Black Owned Banks And Credit Unions: Putting Your Money Where It Counts
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? Black Owned Banks And Credit Unions: Putting Your Money Where It Counts The Battle To Keep America’s Black Banks…
Trump’s LACK Of Infrastructure Investment Is Putting American’s Lives At Risk (#GotBitcoin?)
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…