As the Jackson Hole Economic Policy Symposium nears, two strategists are watching the Federal Reserve’s approach to balance-sheet reduction for its potential impact on the markets. The main worry for UBS chief investment strategist Mike Ryan is a disorderly shedding of assets from the Fed. “The concern has always been that they’d do it in […]
Read moreA turnaround for Chipotle shares is nowhere sight, according to one Wall Street firm. Deutsche Bank lowered its price target and reiterated its sell rating for stock of the burrito restaurant chain, saying it doesn’t deserve a premium valuation anymore because of the company’s lack of progress recovering from food safety issues that arose in […]
Read moreAs we enter the thick of back-to-school season, companies are discounting school supplies and kids are packing up to return to the dorms. No matter who you are or what school you attend, there are numerous apps that can help your college life feel a little easier and less stressful. Some of the better ones […]
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The new camera on the Galaxy Note 8 will reportedly outdo even the Galaxy S8 (which features one of the best cameras on the market). The new camera may allow for portrait-style shots that other phones, such as the iPhone 7 Plus, already offer. As in the case of the Essential phone (pictured above), dual […]
Read moreThe solar eclipse eclipsed the Super Bowl. On Monday, more than 66 million people commented, posted and reacted to the solar eclipse on Facebook, according to data from the social media giant. That’s about 2 million more than the 64 million people who were talking about the 2017 Super Bowl on the site. Billionaire Facebook […]
Read moreAfter the August 12th hate rally in Charlottesville, online platforms that have long tolerated or ignored white supremacists are very publicly kicking them off. The crackdown spans a broad range of sites and apps, some of which are household names, like Uber, Facebook, and Spotify. But some of the most notable companies to purge their […]
Read moreGoogle’s Chromebooks have made inroads in the education market, so much that Microsoft has built its own Windows laptop to compete with them. Now Google looks keen to take share in Microsoft’s real stronghold: big companies. On Tuesday Google is launching Chrome Enterprise, a service that will give IT admins inside enterprises the ability to […]
Read moreGerman police say they have seized thousands of tablets of the party drug ecstasy in the shape of Donald Trump’s head, a haul with an estimated street value of 39,000 euros ($45,900 U.S. dollars.) Police in Osnabrueck, in northwestern Germany, say they found the drugs while checking an Austrian-registered car on the A30 highway on […]
Read moreFacebook has a market cap of $490 billion, more than 2 billion monthly active users and more than 20,000 employees. It also happens to have a data center in Prineville, Ore., which was in the path of eclipse totality on Monday. The company put a time lapse camera on the building’s roof and got some […]
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Onetime bitcoin skeptic Mark Cuban is warming to the digital currency world. The billionaire is backing a new venture capital fund for cryptocurrency-related investments called 1confirmation. Founded by Nick Tomaino, former business development manager at Coinbase, the fund plans to raise $20 million, according to a Monday filing with the Securities and Exchange Commission. “It’s […]
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