Anybody capable of reading the Fed’s balance sheet can get an instant fix on what the American monetary authorities are up to. There is no need to bother with “forward guidance” — a bunch of confusing and contradictory statements serving as betting fodder for in-out trades and the Fed’s trail covers between bi-weekly reserves reporting […]
Read moreYou may have heard of the General Data Protection Regulation (GDPR). But most likely you haven’t because it sounds boring, but it’s really important and CNBC has a guide to help you understand it. It’s a piece of European Union (EU) legislation that could have a far-reaching impact on some of the biggest technology firms […]
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The number of initial coin offerings, or ICOs, has skyrocketed in the past two years as more companies flock to the new and controversial way to raise capital. In an ICO, companies create a digital token or coin, then sell it to investors in exchange for cash or more commonly, cryptocurrency, usually bitcoin or ether. […]
Read moreChina launched a relay satellite early on Monday designed to establish a communication link between earth and a planned lunar probe that will explore the dark side of the moon, the official Xinhua news agency said. Citing the China National Space Administration, Xinhua said the satellite was launched at 5:28 a.m. (21:28 GMT Sunday) on […]
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