Economy

Bitcoin Investors Are Turning to Gold, Says ETF Strategist

Bitcoin Investors Are Turning to Gold, Says ETF Strategist

During the Bitcoin (BTC) bull run on 2017, however, gold saw some of its investors flock into the first and foremost cryptocurrency in search of massive gains. "Our thesis around Bitcoin's upside re...

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GameStop Has Given Up Trying to Sell Itself to Another Company

GameStop Has Given Up Trying to Sell Itself to Another Company

With no buyer in sight, the company must now get its financial house in order, Wedbush Securities analyst Michael Pachter said in a research note. GameStop went into talks with private equity firms an...

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At least 40 dead in Venezuela as US warns of 'serious consequences'

At least 40 dead in Venezuela as US warns of 'serious consequences'

Opposition leaders have called for anti-government demonstrations this week. "We are here. We will keep acting and working to confront the humanitarian crisis ", Guaido told a news conference. Th...

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Apple iPhone sales continue to fall

Apple iPhone sales continue to fall

It figures to be an uphill battle, given Apple's stock has lost one-third of its value in less than four months, erasing about $370 billion in shareholder wealth. Cook conceded that many Apple users...

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European Union rules out renegotiation of Brexit withdrawal agreement

European Union rules out renegotiation of Brexit withdrawal agreement

WHOSE PLAN: Former Tory Cabinet minister Caroline Spelman and Labour MP Jack Dromey. The two key proposals here are from Tory backbenchers, Andrew Murrison and Graham Brady, chair of the influential...

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EU Readies Support for Fishermen if Hit by No-Deal Brexit

EU Readies Support for Fishermen if Hit by No-Deal Brexit

Allies claim that German Chancellor Angela Merkel has offered May last-minute help after saying the European Union could grant extra concessions if MPs reject her deal, the report said. Prime Minister...

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Keyless cars unlock rich pickings for thieves

Keyless cars unlock rich pickings for thieves

Hackers can carry out "relay attacks" using relay boxes - one near the vehicle and the other near where the keys are kept - to lengthen the signal produced by the auto key. Criminals can easily steal ...

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Nissan investigated by SEC after Carlos Ghosn charges in Japan

Nissan investigated by SEC after Carlos Ghosn charges in Japan

Nissan's ex-chairman Carlos Ghosn is facing charges in Japan of falsifying financial statements by under-reporting his compensation and of breach of trust related to his handling of investment lo...

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WSJ poll: Nancy Pelosi's negatives jumped more than Trump's during shutdown

WSJ poll: Nancy Pelosi's negatives jumped more than Trump's during shutdown

The same poll showed that her approval rating dropped by six points during the shutdown. It has a plus/minus 3.3 percentage point margin of error. In a odd twist of fate that must befuddle those who...

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Alert raised over imminent risk to another Brazil mining dam

Alert raised over imminent risk to another Brazil mining dam

The death toll is expected to rise. The dam owned by Brazil's Vale mining company collapsed Friday, sending water and mud over hundreds of mine workers enjoying a lunch break. Flavio Godinho, a ...

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Trump to Meet Chinese Vice Premier in Trade Talks: Treasury Secretary

Trump to Meet Chinese Vice Premier in Trade Talks: Treasury Secretary

President Trump and his administration have been clear, China must halt "unfair" trade practices and theft of of USA intellectual property. The US has been focusing on agendas such as alleged Chines...

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Rescuers diverted to second Brazilian dam in danger of collapse

Rescuers diverted to second Brazilian dam in danger of collapse

I had to run with my family to get to higher ground, but there was no siren", she said, adding that a cousin was still unaccounted for. That dam was also administrated by Vale, along with Australian...

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Faster Charging Than Tesla's Supercharger? Porsche Promises It For the Taycan

Faster Charging Than Tesla's Supercharger? Porsche Promises It For the Taycan

Porsche is kicking off a huge dealer charger upgrade, with all 191 locations across the United States also adding DC fast charging support. Porsche is reportedly planning to double production to meet ...

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No-deal Brexit would mean shortages and price rises, say retailers

MPs are back in Parliament to vote on a series of amendments that could change the course of Brexit negotiations. Jacob Rees-Mogg and Boris Johnson are threatening to torpedo an attempt by Ther...

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Death toll reaches 58 in Brazil dam collapse

Death toll reaches 58 in Brazil dam collapse

Pedrosa, 45, and her parents dashed to their vehicle and drove to the highest point in the neighborhood. The confirmed death toll rose to 58 late Sunday, with up to 300 people still missing, accordi...

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U.S. officially files criminal charges against Huawei executive

U.S. officially files criminal charges against Huawei executive

It alleged the two executives tried to steal robotic technology from US carrier T-Mobile to test smartphones' durability. Huawei and Skycom are charged with bank fraud and conspiracy to commit bank ...

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Fruit sold at Walmart, Costco, Aldi recalled over listeria concern

Fruit sold at Walmart, Costco, Aldi recalled over listeria concern

Walmart , Costco, and Aldi are among the stores that sold the fruit. Jac. The FDA said the fresh nectarines were sold at Costco stores in California . Healthy individuals who become ill because o...

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Oil slips on rising U.S. rig count, China industrial slowdown

Oil slips on rising U.S. rig count, China industrial slowdown

The Saturday evening announcement that the missions would remain open was a retreat after days of bellicose rhetoric prompted by the USA decision to recognize National Assembly leader Juan Guaido ...

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Taco Bell evacuated, WWII grenade safely removed

Taco Bell evacuated, WWII grenade safely removed

In social media updates yesterday, officials from the Ocala Police Department advised citizens to avoid the area after it was verified that the device was an "authentic WWII hand grenade ".

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Tesco job cuts: supermarket to axe 15,000 jobs

Tesco job cuts: supermarket to axe 15,000 jobs

The paper claims the overhaul is centred around the retailer's larger stores. Bakeries will also be axed, with frozen dough set to be used instead of fresh as part of a £1.5 billion cost-saving meas...

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Dems urge ex-Starbucks CEO Howard Schultz not to run for president

Dems urge ex-Starbucks CEO Howard Schultz not to run for president

President Donald Trump probably isn't very anxious about Schultz's nascent campaign - which has yet to begin in earnest - but Democrats are certainly up in arms about Schultz's ambitions. The New York...

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Maduro regime in disarray as Venezuelan military envoy to United States defects

Maduro regime in disarray as Venezuelan military envoy to United States defects

But many Venezuelan military members have said they and their families are exhausted of the severe shortages of food and other basics plaguing. In the interview with CNN Turk, Maduro accused the U.S...

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AG Barr sees higher full-year revenue

AG Barr sees higher full-year revenue

Sophie Lund-Yates, equity analyst at Hargreaves Lansdown, said sugar tax-related price hikes mean volume growth has been slow for the soft drinks industry, but that AG Barr bucked the trend. The £30m ...

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$298M Powerball jackpot a surprise win for Brooklyn, NY, truck driver

$298M Powerball jackpot a surprise win for Brooklyn, NY, truck driver

Dave Johnson says he was feeling under the weather the day after Christmas, but made his way to work regardless. I was during his morning routine he chose to play Powerball. David Johnson is a coupl...

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Draghi comments at European Central Bank press conference

Draghi comments at European Central Bank press conference

Near-term data likely to be weaker than previously anticipated. After years of supporting the growth of the euro area economy, the European Central Bank recently closed its EUR 2,600 billion asset p...

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Treasury lifts sanctions against 3 Russian companies

Congress to maintain the restrictions. They also said Deripaska's decision to lower his stakes in the companies so that he no longer controlled them showed that the sanctions had worked. Earlier in Ja...

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Jaitley sees 'investigative adventurism' in CBI probe against Chanda Kochhar

Jaitley sees 'investigative adventurism' in CBI probe against Chanda Kochhar

However, the possibility of information about searches being leaked was suspected, ANI reported quoting sources in the agency. Hence he was transferred out on Jan 23. He had written, "There is a funda...

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Ripple [XRP] figures may be significantly overstated, report suggests

Ripple [XRP] figures may be significantly overstated, report suggests

Total sales of XRP from the company amounted to around $129 million versus the previous quarter, which saw sales of $163 million. The report further stated that Ripple sold $88.88 million wort...

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Technical Signal Check on Shares of Activision Blizzard (ATVI) — Ticker Focus

Technical Signal Check on Shares of Activision Blizzard (ATVI) — Ticker Focus

This may occur at the same time. The second value adds in the net debt repaid yield to the calculation. He has more than 5 years of experience in institutional investment markets, including fixed inco...

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'BuzzFeed' To Cut Staff 15%, Focus On Content Licensing, Ecommerce 01/25/2019

'BuzzFeed' To Cut Staff 15%, Focus On Content Licensing, Ecommerce 01/25/2019

The website's LGBT desk, an area of coverage in which BuzzFeed News had invested significant resources, was left with only one staffer. In tweets , BuzzFeed News journalists described the situati...

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What's in Intel Corporation (INTC) After Today's Huge Decline?

What's in Intel Corporation (INTC) After Today's Huge Decline?

Looking further out we can see that the stock has moved 3.19% over the past 12 weeks and 6.03% year to date. The shares of Intel Corporation (NASDAQ: INTC ) has been pegged with a rating of Buy by...

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Budweiser releases Super Bowl commercial touting wind power

Budweiser releases Super Bowl commercial touting wind power

And they're bringing along their friend April the Dalmatian. "We can't wait to get these trucks on the road, and keep leading our industry forward to a greener, smarter future in partnership with some...

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Krispy Kreme to sell 'conversation heart' doughnuts for Valentine's Day

Krispy Kreme to sell 'conversation heart' doughnuts for Valentine's Day

Launching Wednesday, January 30 (and sticking around until Valentine's Day ), the frosted, heart-shaped pastries are topped with more than a dozen phrases, both new and traditional. "So, we printed...

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Whole Foods recalls several food products due to possible salmonella contamination

Whole Foods recalls several food products due to possible salmonella contamination

The products were distributed in NY and Florida. The recall affects New York, Connecticut, Florida, Maine, Massachusetts, New Hampshire, New Jersey and Rhode Island. Executives say they have not rec...

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Maduro has oppressed Venezuelans for years: Mike Pompeo

Maduro has oppressed Venezuelans for years: Mike Pompeo

In heated back-and-forth exchanges at a United Nations Security Council meeting, the opposing camp led by Venezuela and Russian Federation, which has invested heavily in Venezuela's oil industry, ac...

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