Economics And Finance
Trump Economy Dependent On Stimulus-Spending (#GotBitcoin?)
Economists expected greater boost after 2018 budget deal; muted growth only partly explained by lagging federal outlays. Trump Economy Dependent On Stimulus-Spending (#GotBitcoin?) The economy was supposed to get a lift this year from higher government spending enacted in 2018, but so far much of that stimulus hasn’t shown up,…
This Startup Wants To Sell You A Slice of A Rental Home (#GotBitcoin?)
As more investors turn landlord, Roofstock aims to make housing bets similar to buying stocks and bonds. This Startup Wants To Sell You A Slice of A Rental Home (#GotBitcoin?) Vacationers have long enjoyed shared ownership of homes. Now, a California startup is hoping investors will buy portions of houses…
Condo Conversions Near The End, A Casualty Of Rent Reform (#GotBitcoin?)
A longtime practice that promoted homeownership, transformed neighborhoods and enriched thousands of middle-class renters is effectively over. Condo Conversions Near The End, A Casualty Of Rent Reform (#GotBitcoin?) [caption id="attachment_11939" align="aligncenter" width="600"] 1 Union Square South Condominium, Left, And 34 Desbrosses Street, Two Of Six Buildings That Submitted For Condo…
Be Careful For What You Wish For As Trump Finally Gets A Weaker Dollar (#GotBitcoin?)
The U.S. currency has slipped from recent highs, and analysts say it may be in for a steady decline. Be Careful For What You Wish For As Trump Finally Gets A Weaker Dollar (#GotBitcoin?) President Trump has repeatedly bashed the dollar’s strength in recent years, only for the currency to…
Trump Helpless Against Alternative Payment System Designed To Circumvent Sanctions (#GotBitcoin)
Europe Gears Up Trade Mechanism. Trump Helpless Against Alternative Payment System Designed To Circumvent Sanctions (#GotBitcoin) European officials confirmed at Friday’s meeting that a trade mechanism, known as Instex, was now operational and was starting to process its first few transactions. Seven European countries said they would join France, Britain…
Apartment Demand Hits Five-Year High As Home Sales Decline (#GotBitcoin?)
Demand grew particularly in Chicago and Houston. Apartment Demand Hits Five-Year High As Home Sales Decline (#GotBitcoin?) Demand for rental apartments reached a five-year high this spring, spurred by new household formation and lagging home sales. The number of new apartment move-ins in the second quarter of 2019 increased 11%…
Deutsche Bank Considers Up To 20,000 Job Cuts (#GotBitcoin?)
Job losses would likely take place over more than a year, with the pain and costs spread across regions and businesses. Deutsche Bank Considers Up To 20,000 Job Cuts (#GotBitcoin?) Deutsche Bank AG is weighing whether to cut 15,000 to 20,000 jobs, or more than one in six full-time positions…
Companies Dodge Trump Tariffs On China By Rerouting Goods (#GotBitcoin?)
Data from Vietnam show surges in both imports from China and exports to the U.S., highlighting how transshipment circumvents levies. Companies Dodge Trump Tariffs On China By Rerouting Goods (#GotBitcoin?) Billions of dollars worth of China-made goods subject to tariffs by the Trump administration in its trade fight with Beijing…
Sagging Trade Flows Spark Alarm Before G-20 Meeting (#GotBitcoin?)
If tit-for-tat measures continue, tariffs could rise back to 2003 levels, economists warn. Sagging Trade Flows Spark Alarm Before G-20 Meeting (#GotBitcoin?) World trade flows have sagged again in 2019, a sign that higher U.S. tariffs and other trade barriers are cooling growth as leaders from the Group of 20…
How Facebook Coin’s Big Corporate Backers Will Profit From Crypto
To understand how early investors in Facebook’s new Libra blockchain will make money over time, it helps to dig into a new lottery going live on ethereum mainnet Monday. How Facebook Coin’s Big Corporate Backers Will Profit From Crypto (#GotBitcoin?) It’s a lossless lottery called PoolTogether and tickets are now…
Using Smartphones To Pay? That’s So Yesterday In China (#GotBitcoin?)
Chinese consumers can pay at some retail stores by simply looking into facial-recognition machines at checkout. Using Smartphones To Pay? That’s So Yesterday In China (#GotBitcoin?) Chinese technology giants have leapfrogged U.S. companies in popularizing mobile payments. Now, they are trying to get people to bypass their smartphones and make…
People Fleeing Global Economic Oppression Reaching A Staggering 71 Million (#GotBitcoin?)
According to a new U.N. report, nearly 1% of the world’s population was displaced at the end of 2018. People Fleeing Global Economic Oppression Reaching A Staggering 71 Million (#GotBitcoin?) The number of forcibly displaced people in the world reached almost 71 million at the end of last year, the…