Cboe Appears Poised For Ether Futures After SEC Director’s Statements

I recognize that the Supreme Court has acknowledged that if someone is purchasing an asset for consumption only, it is likely not a security. Hinman said "form is disregarded for substance", in the SEC's thinking. There are two reasons for Hinman... More..

by | Published more than a month ago
European Central Bank to end quantitative easing by end of 2018
by | Sunday, June 17, 2018

European Central Bank to end quantitative easing by end of 2018

French tele-services provider Teleperformance jumped 5.8 per cent to a record high after agreeing to buy India-based Intelenet from USA private equity firm Blackstone for US$1 billion. "I think its pragmatic fo...More..

China pledges to 'immediately' retalliate to Donald Trump's latest tariffs
by | Saturday, June 16, 2018

China pledges to 'immediately' retalliate to Donald Trump's latest tariffs

A statement from the Chinese Ministry of Commerce said that the country would implement tariffs on a similar scale on U.S. goods. And China and others steal those secrets, and we're going to protect t...More..

Theranos founder Holmes, ex-president charged with fraud
by | Saturday, June 16, 2018

Theranos founder Holmes, ex-president charged with fraud

The company's general counsel, David Taylor, will take over as CEO. "This indictment alleges a corporate conspiracy to defraud financial investors", said FBI Special Agent in Charge John F. Holmes is also out...More..

1 deputy killed, 1 critical in shooting in Kansas, sheriff says
by | Saturday, June 16, 2018

1 deputy killed, 1 critical in shooting in Kansas, sheriff says

The incident occurred while the two Wyandotte County Sheriff's deputies were both "overcome by an inmate being transferred from jail to the courthouse" on Friday morning, police said. Around 4 p.m., a motorcade...More..

Record US oil production drags crude oil prices
by | Saturday, June 16, 2018

Record US oil production drags crude oil prices

Trump's grousing follows reports suggesting the oil exporters group was already planning to open the spigots, an outcome the International Energy Agency hinted at in its monthly report released earlier today...More..

Could we see the return of $100 oil prices this year?
by | Friday, June 15, 2018

Could we see the return of $100 oil prices this year?

US oil is flooding the market because oil production in the USA has been soaring. Opec and some non-Opec producers including Russian Federation started withholding output in 2017 to end a global supply over...More..

How President Trump factored into Tuesday's primaries
by | Friday, June 15, 2018

How President Trump factored into Tuesday's primaries

Arrington's campaign was based on the premise that Sanford - who has criticized Trump's style and questioned his knowledge - is insufficiently supportive of the President. Trump is closing in on a decision to...More..

Microsoft Working on Tech to Challenge Amazon Go
by | Friday, June 15, 2018

Microsoft Working on Tech to Challenge Amazon Go

The latter, along with half a dozen others, are already Microsoft partners building their own checkout-free services or related technology on Microsoft's cloud. They also studied novel ways for smartphones to p...More..

$60/Hour Needed To Afford 2-Bedroom San Francisco Apartment
by | Friday, June 15, 2018

$60/Hour Needed To Afford 2-Bedroom San Francisco Apartment

For example, in Arkansas , you only need to earn a little over $13 for a typical 2-bedroom apartment. This year, New Orleans' housing wage for a two-bedroom unit was one of the highest in Louisiana, second on...More..

Toyota to invest $1 billion in Asian ride-hailing startup Grab
by | Friday, June 15, 2018

Toyota to invest $1 billion in Asian ride-hailing startup Grab

It is also the latest collaboration between a global vehicle maker and a technology firm as ride-hailing companies dominate the fast-growing field of mobility services, raising the risk of a future where auto o...More..

China urges US to make 'wise choice' on trade tariffs
by | Friday, June 15, 2018

China urges US to make 'wise choice' on trade tariffs

Even still, China is widely seen as one of the big winners of Trump's meeting with Kim as it hopes to maintain stability in its neighboring country and boost trade. The White House has said it is proceeding wit...More..

Tether Manipulation Pushed Up Bitcoin's Price, Researchers Find
by | Friday, June 15, 2018

Tether Manipulation Pushed Up Bitcoin's Price, Researchers Find

The CFTC and Securities and Exchange Commision have been ramping up their enforcement efforts against fraudulent cryptocurrency activity and scams as Bitcoin and other digital tokens gained prominence over the ...More..

Wins O'Hare Airport train contract
by | Friday, June 15, 2018

Wins O'Hare Airport train contract

Musk appeared in Chicago on Thursday afternoon for the formal announcement. The Boring Company has released details about its proposed system already-it calls the system a "Loop" as in a modified version ...More..

Germany orders Daimler to recall 238,000 diesel vehicles
by | Thursday, June 14, 2018

Germany orders Daimler to recall 238,000 diesel vehicles

The German government should approve hardware, rather than software alterations to manipulated vehicles to produce "an honest solution" to excessive emissions, Dudenhoeffer charged. German media reports specula...More..

Jaguar Land Rover is moving all Discovery production to this place
by | Thursday, June 14, 2018

Jaguar Land Rover is moving all Discovery production to this place

Production at the plant is expected to begin later this year. Discovery production will be moved from the beginning of 2019, meaning job cuts at the Solihull plant are possible before it ramps up staffing a...More..

World Leaders React to Trump-Kim Summit
by | Thursday, June 14, 2018

World Leaders React to Trump-Kim Summit

Their signed commitment reaffirms an agreement struck between the leaders of North and South Korea. The tweet reportedly also accused Israel of trying to sabotage Tuesday's summit in Singapore between Tr...More..

US Federal Reserve raises interest rates
by | Thursday, June 14, 2018

US Federal Reserve raises interest rates

Though rates are now roughly positive on an inflation-adjusted basis, the Fed still described its monetary policy as "accommodative", with gradual rate increases likely warranted as the economy enters a 1...More..

Comcast offers to buy Fox media assets for $65 billion in cash
by | Thursday, June 14, 2018

Comcast offers to buy Fox media assets for $65 billion in cash

As such, Comcast has improved an offer it discussed with Fox past year by saying it's offering $2.5 billion in case the deal doesn't go through and would reimburse Fox for another $1.5 billion it will owe D...More..

Fed raises key rate and sees possible acceleration in hikes
by | Wednesday, June 13, 2018

Fed raises key rate and sees possible acceleration in hikes

It is the seventh time the bank has raised rates since 2015. That puts the Fed on track for four rate hikes total in 2018, something the Fed hasn't done since 2006. The unemployment rate is seen falling to 3.6 ...More..

Trump Suggests Singapore Summit Ended North Korea Nuclear Threat
by | Wednesday, June 13, 2018

Trump Suggests Singapore Summit Ended North Korea Nuclear Threat

But in characteristically bullish tweets, Trump said everyone "can now feel much safer than the day I took office" and people could "sleep well tonight!" Yu said that if the talks lead to a decreased nuclea...More..

Driver sacked after kicking lesbian couple out of Uber for kissing
by | Wednesday, June 13, 2018

Driver sacked after kicking lesbian couple out of Uber for kissing

A Taxi and Limousine Commission spokesman calls the driver's behavior "ridiculous". She said they were in lower Manhattan when the driver pulled over, opened a rear door and ordered them to "get out of my aut...More..

by | Wednesday, June 13, 2018

Trump slams OPEC as IEA anticipates near-term oil price relief

Iran's OPEC governor, Hossein Kazempour Ardebili, fired back quickly at Trump's words. The U.S.is putting pressure on OPEC members to increase production as global benchmark prices flirt with US$80 a barrel, ...More..

Tesla’s Autopilot To Get ‘Full Self-Driving Feature’ In August
by | Tuesday, June 12, 2018

Tesla’s Autopilot To Get ‘Full Self-Driving Feature’ In August

That level of autonomy may still be years away. What Musk means by "full self-driving features", though, is another question. When Tesla released the original version of Autopilot , some owners appeared ...More..

People are already torching things they shouldn't with Elon Musk's flamethrowers
by | Tuesday, June 12, 2018

People are already torching things they shouldn't with Elon Musk's flamethrowers

Amid an ongoing national debate over gun reform and the Second Amendment, some took issue with the fact that such risky machines were sold for a mere $500 by the Boring Company , which did not require a backgr...More..

Bitcoin price falls 10% following hack on exchange
by | Tuesday, June 12, 2018

Bitcoin price falls 10% following hack on exchange

Bitcoin was trading at $6,780 on Monday, down from more than $7,500 before the weekend, according to Coindesk , which monitors prices . It said it had frozen the tokens that were stolen and halted all tradin...More..

Singapore summit: The key moments
by | Tuesday, June 12, 2018

Singapore summit: The key moments

Tuesday (9 p.m. Monday ET). Trump, who is seeking to persuade Kim to abandon his nuclear weapons program, called it "my honor" as he became the first sitting US president to sit down with a North Korean leade...More..

North Korea lifts the veil, telling residents about 'historic' Trump-Kim summit
by | Tuesday, June 12, 2018

North Korea lifts the veil, telling residents about 'historic' Trump-Kim summit

Kim spent the day mostly out of view _ until he left his hotel for a late-night tour of Singapore sights, including the Flower Dome at Gardens by the Bay, billed as the world's biggest glass greenhouse. The ...More..

by | Tuesday, June 12, 2018

Nuclear Tests Through the Years: From WWII to Kim Jong Un

Cheering crowds greeted Kim during his stroll, and cameras from North Korea's state-run Korean Central News Agency documented his every move. USA and North Korean officials have been holding preliminary mee...More..

Dennis Rodman arrives in Singapore ahead of Trump-Kim summit
by | Tuesday, June 12, 2018

Dennis Rodman arrives in Singapore ahead of Trump-Kim summit

US President Donald Trump and Kim Jong-un are in Singapore ahead of their critical meet on June 12. He has said the talks would be more about starting a relationship with Kim for a negotiating process...More..