Digital currency bitcoin fell Tuesday as the 20 largest digital currencies by market capitalization all declined, according to CoinMarketCap. Bitcoin traded more than 6.5 percent lower near $10,394 as of 12:12 p.m., ET, according to CoinDesk’s bitcoin price index, which tracks prices from digital currency exchanges Bitstamp, Coinbase, itBit and Bitfinex. Ethereum, the second-largest digital […]
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IN KEEPING with the trend for charging for things travellers used to get free, it should perhaps come as no surprise that sunbeds are the latest feature of a standard holiday on which travel agents are slapping extra fees. Thomas Cook, a British package-holiday firm, has announced that it will allow holidaymakers to pre-book poolside […]
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Forecasters are more optimistic now about the effects of tax cuts on economic growth, but don’t see workers pocketing much of the windfall. Respondents to the CNBC Fed Survey believe that tax cuts will add 63 basis points to GDP this year, up about 20 basis points from their December estimates. This could reflect last-minute […]
Read moreFacebook CEO Mark Zuckerberg isn’t the only big name in Silicon Valley reconsidering whether frequent use of software and technology is good for the emotional health of consumers. The Stanford professor who literally wrote a book on how to design addictive technology has begun to ask whether doing so is always a good thing. Nir […]
Read moreAs two American citizens – one an immigrant, the other a child of immigrants – who have dedicated our careers to fighting for American workers, we believe President Trump’s immigration policies aren’t just morally wrong, they’re economic poison. Take, for example, the story of Marvin Flores. Marvin is a bricklayer who has lived and worked […]
Read moreAirbnb has been one of the most aggressive corporate critics of the current administration’s policies — and today, ahead of the President’s State of the Union, it’s making another very public political statement. The home sharing start-up will be running a six-figure ad on cable networks including MSNBC, CNN, Fox, Univision, and Telemundo that plays […]
Read moreYet another report suggests that Apple is cutting production volumes of the iPhone X. The price of the phone is probably to blame. Since launch, consumers I’ve talked to have always called it the “$1,000 iPhone.” It costs even more if you want storage, and friends I’ve spoken with have suggested they’ve either settled on […]
Read moreTech IPOs can turn early employees into millionaires, as Google’s early cooks, custodians and others can attest. But Airbnb’s former director of engineering, Ian Logan, left the travel venture before it has gone public. Now, Logan has joined a small Toronto start-up called Drop. The Drop mobile app helps shoppers rack up and redeem points […]
Read moreThe U.S. Securities and Exchange Commission announced Tuesday it has obtained a court order to halt what is likely the largest initial coin offering ever. The complaint was filed in Dallas, Texas, on Thursday and unsealed late Monday. It said Dallas-based AriseBank “used social media, a celebrity endorsement, and other wide dissemination tactics to raise […]
Read moreCurrency, United States Finance
President Donald Trump once again stands accused of being soft on Russia after he bypassed a deadline to hand down new sanctions on the country. The Trump administration announced late Monday that it would not yet impose new sanctions on Russia as mandated by the Countering America’s Adversaries Through Sanctions Act (CAATSA), enacted in August […]
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