Economics And Finance
Definite Signs of An Imminent Recession (#GotBitcoin?)
Facing iPhone Troubles, Apple Tries to Change the Story The company plans to stop reporting unit sales as it pushes its services business. When Steve Jobs took a swipe at Amazon.com Inc.’s Kindle in 2009, he pointed to the online retailer’s decision not to report unit sales of its reading…
China Outspends US When It Comes To Building The World’s Infrastructure
Beijing is constructing parallel financial and commercial networks across Central and Eastern Europe to challenge the global order. China Outspends US When It Comes To Building The World's Infrastructure Europe is distracted by internal discord over immigration and its tense relationship with Russia and the U.S. Seeking to fill the…
The New Retirement Plan: Save Almost Everything, Spend Virtually Nothing (#GotBitcoin)
A group of younger workers, devotees of the FIRE movement, are seeking ways to duck mistakes made by prior generations. The New Retirement Plan: Save Almost Everything, Spend Virtually Nothing (#GotBitcoin) [embed]https://www.youtube.com/watch?v=5VSGeuuqlsY[/embed] Sylvia Hall wants to retire at age 40. Her dream has a price: brown bananas. The 38-year-old Seattle…
These Companies Are Succeeding Despite Amazon Or A Slowing Economy (#GotBitcoin)
These Companies Are Succeeding Despite Amazon Or A Slowing Economy (#GotBitcoin) Not Being On Amazon Is A Selling Point For These E-Commerce Players Retail Upstarts Tap Into Wariness Of E-Commerce Giant’s Dominance; ‘Shop Boroughs, Not Bezo$’ On a Wednesday afternoon earlier this year, workers at an industrial center raced back…
What Will Banks Do With Cash Freed Up by Rule Changes? No One Knows (#GotBitcoin?)
Fed proposal to ease short-term cash requirements for big banks heads into uncertain territory. Regulators plan to pare back requirements that banks keep billions of dollars of cash on hand to pay short-term bills. No one knows for sure what will happen next. The liquidity coverage ratio rule was invented…
U.S. Market-Manipulation Cases Reach Record (#GotBitcoin)
CFTC and Justice Department target spoofing and other illegal tactics, helped by data-sharing deal with key exchange. U.S. Market-Manipulation Cases Reach Record (#GotBitcoin) Federal regulators have ramped up their pursuit of traders who use a bluffing tactic known as spoofing to manipulate market prices, enforcement officials said, leading to a…
October’s Market Rout Leaves Stock, Bond And Real Estate Investors With No Place To Hide (#GotBitcoin?)
Triple breakdown in stock, real estate and bond prices has upended investors’ traditional safety tool kit, leaving many with losses. October’s Market Rout Leaves Stock, Bond And Real Estate Investors With No Place To Hide A brutal October selloff across stocks and bonds has tested investors’ resolve in a way not…
Home Prices Continue To Lose Momentum (#GotBitcoin?)
Gains fell below 6% in August as slowdown in housing market becomes more widespread. Annual home-price gains fell below 6% for the first time in a year in August, another sign that the slowdown in the housing market is becoming widespread and is likely to persist in the months to…
Credit-Card Spending Limits In The Crosshairs As Issuers Grow Cautious (#GotBitcoin)
Capital One and Discover are pulling back on some consumers as economy ‘almost feels too good to be true’. Credit-Card Spending Limits In the Crosshairs As Issuers Grow Cautious (#GotBitcoin) Two of the biggest credit-card issuers are tightening lending standards, an unusual move in a strong economy that may signal…
Treasury Expects To Issue Over $1 Trillion In Debt In 2018 (#GotBitcoin?)
Debt issuance this year could be highest since 2010, the Treasury said, as higher government spending and stagnant tax revenues have pushed the deficit higher. Treasury Expects To Issue Over $1 Trillion In Debt In 2018 The U.S. Treasury Department estimates it will issue more than $1 trillion in debt this…
U.S. Economy Flashes Signs It’s Downhill From Here (#GotBitcoin?)
A slowdown in growth would have big implications for stocks, the Fed and President Trump. U.S. Economy Flashes Signs It’s Downhill From Here What if that was as good as it gets? The Commerce Department reported Friday that U.S. gross domestic product expanded at a 3.5% annual rate in the third…
401(k) Rule Change Would Ease Small Companies’ Path To Joint Plans (#GotBitcoin?)
Labor Department’s proposal is latest effort to address a retirement savings deficit. 401(k) Rule Change Would Ease Small Companies’ Path To Joint Plans A new Labor Department rule would make it easier for small businesses to offer 401(k) plans, part of an effort to close a retirement-plan coverage gap that affects…