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Economics And Finance

Belarus Could Get A Nuclear-Powered Bitcoin Mining Center (#GotBitcoin)

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Aleksandr Lukashenko, the president of Belarus, met with the country’s IT community to discuss the growth of its native tech industry, amongst other things, the president is reportedly planning to establish a Bitcoin (BTC) mining farm in the country according to the state-owned national news agency, the Belarusian Telegraph Agency.…

Americans’ Love Affair With The Automobile Headed For Divorce (#GotBitcoin)

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If teenagers are any guide, Americans’ love affair with the automobile may no longer be something car makers can bank on. Americans’ Love Affair With The Automobile Headed For Divorce (#GotBitcoin) In a challenge for Detroit, teens put off getting their licenses and buying cars. The percentage of teens with…

What’s Rent To Own & How Does It Work? A Guide To Renting vs Buying

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The rent and purchase of condominiums is a rapidly growing trend not just in Toronto but a lot of other urban areas of the world. Condos are small space living areas housed together in a block where a separate owner owns each condo. Before we delve into whether jumping at the…

Ship Orders Fall To Lowest Level In 15 Years Indicating Trumponomics Is Not Working (#GotBitcoin?)

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Fewer oil tankers and dry bulk carriers will hit the water, but orders of gas carriers are rising. Ship Orders Fall To Lowest Level In 15 Years Indicating Trumponomics Is Not Working (#GotBitcoin?) Ship orders world-wide have shrunk to the lowest level in 15 years as vessel owners struggle with…

Why Stock-Market Volumes Are The Lowest In Months As The Dow, S&P 500 And Nasdaq Test Records (#GotBitcoin?)

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Nasdaq just about 50 points shy of record close, the S&P 500 is 15 points shy, and Dow stands less than 400 points away. Why Stock-Market Volumes Are The Lowest In Months As The Dow, S&P 500 And Nasdaq Test Records (#GotBitcoin?) Stocks are on the verge of record territory,…

Black Workers See Record-Low Unemployment In Addition To Smallest Wage Gains (#GotBitcoin?)

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Despite record-low unemployment, black workers’ weekly pay growth lags behind other groups. Black Workers See Record-Low Unemployment In Addition To Smallest Wage Gains (#GotBitcoin?) Black workers have received far smaller pay increases in recent years compared with other racial groups, despite unemployment for black Americans trending at historic lows. For…

Excessive Number Of Mall Closures And Continued Slump In U.S. Manufacturing Spell Trouble For Economy (#GotBitcoin?)

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Empty Shopping Malls U.S. retailers have already closed 5,994 stores so far this year, compared with 5,864 closures for all of last year, according to Coresight Research. The net store closings, or the number of closings minus openings this year, stands at 3,353. Excessive Number Of Mall Closures And Continued…

Money-Laundering Is Completely Out-Of-Control In Traditional Finance/Banking Industry (#GotBitcoin?)

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Police Raid Sweden’s Leading Bank as Russian Money Laundering Scandal Spreads.Money-Laundering Is Completely Out-Of-Control In Traditional Finance/Banking Industry (#GotBitcoin?) The unfolding scandal comes six months after Danske Bank said its tiny Estonia branch had moved more than $230 billion from Russia and other former Soviet states.Related: Ultimate Resource For Money…

Prosecuting Bankers Proves Exercise In Frustration (#GotBitcoin?)

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Federal prosecutors have run into trouble trying to get convictions of individual traders and bankers charged with rate-rigging and other practices. Prosecuting Bankers Proves Exercise In Frustration (#GotBitcoin?) The Justice Department is having more success at prosecuting banks than going after the bankers who work for them. A judge’s expected…

San Francisco’s Housing Market Braces For An IPO Millionaire Wave (#GotBitcoin?)

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A rush of anticipated public offerings from tech unicorns like Uber and Airbnb could have a major impact on one of the country’s priciest cities. San Francisco’s Housing Market Braces For An IPO Millionaire Wave (#GotBitcoin?) Real-estate agent Jeffrey Hyland and his team recently trawled Forbes’s wealth ranking and sifted…

The Long Bull Market Has Failed To Fix Public Pensions (#GotBitcoin)

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Sums owed to retirees are accelerating faster than assets on hand to pay those future obligations. The Long Bull Market Has Failed To Fix Public Pensions (#GotBitcoin)   Maine’s public pension fund earned double-digit returns in six of the past nine years. Yet the Maine Public Employees Retirement System is…

This Economic Slowdown Is Not A Blip, Warns Strategist Who Manages $4.5B (#GotBitcoin?)

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“The stock market is assuming…things will improve in Q2 and throughout the second half,” he told CNBC in an interview Tuesday. “The bond market has a less-optimistic take on that, saying that the data is weak, and we’re going to reflect that right now in lower yields and inversions within…