Cryptocurrencies
Something big just launched inside Elon Musk’s X
Banks do not give you money. They rent it from you. Your deposit is not a favor the bank does for you. It is raw material. The bank takes your cash, lends it out or Read more…
Cryptocurrencies
Micron’s CEO sold big last week. Was it a warning sign?
Every investor has felt this jolt. A stock is sliding, and then an executive’s name shows up in a regulatory filing next to a stock sale. The instinct is to assume leadership knows something the Read more…
Cryptocurrencies
Jim Cramer says this post-earnings sell-off is a golden buying opportunity
Some stock drops look like bad news on the surface. Some are, yes, but some also tell a completely different story underneath. And I think American Express (AXP) investors have been handed the latter. The Read more…
Cryptocurrencies
Uber cuts dozens of jobs amid AI restructuring
Companies have often described artificial intelligence as a tool that will help employees work faster rather than replace them. But a growing number of major employers are now directly linking workforce reductions to the technology. Read more…
Cryptocurrencies
JPMorgan just sent stock market investors a signal worth watching
CNBC released a podcast interview with Jamie Dimon on July 21. He said he would not buy U.S. stocks or long-dated Treasurys at current prices. He said the market was underpricing risk and that investors Read more…
Cryptocurrencies
U.S. government issues strange new warning about Belgium travel
Associated with everything from chocolate and the medieval network of canals in Bruges to the much more recent victory over the U.S., Belgium has continued seeing some of the highest tourist numbers in its history Read more…
Cryptocurrencies
Toy Story maker hit by another round of Disney cuts
Most of us know Pixar as the animation studio behind some of our childhood favorites. Since releasing “Toy Story” in 1995, the studio has built major franchises around “The Incredibles,” “Finding Nemo,” “Cars,” “Inside Out,” Read more…
Cryptocurrencies
66-year-old theme park to close ride forever after one last season
While the oldest amusement park in the world continues to operate uninterrupted since 1583 (for those interested, it is the Dyrehavsbakken in Denmark), most will not last even a fraction of such a time span. Read more…
Cryptocurrencies
Fed Holds Rates, Three Dissents Reinforce September Hike Expectations
Federal Reserve left the federal funds target range unchanged at 3.50-3.75%, as widely expected, but the 9-3 vote delivered a more hawkish signal than markets had anticipated. Cleveland Fed President Beth Hammack and Dallas Fed Read more…
Cryptocurrencies
(FED) Federal Reserve Issues FOMC Statement
The Federal Open Market Committee approved the following statement for release by a 9 – 3 vote: The Committee decided to maintain the target range for the federal funds rate at 3-1/2 to 3-3/4 percent, Read more…