Search Results for: Jersey
Euro Falls as Consumer Prices Drop Most Since 2009; Real Gains
January 7th, 2015
The euro dropped for a fourth day versus the dollar, the longest skid in two months, as consumer prices in the region fell more than economists predicted to strengthen the case for asset purchases by the European Central Bank. ...
Dollar Snaps 3-Day Skid on Gains in Retail Sales; Krone Declines
December 12th, 2014
The dollar snapped a three-day skid after U.S. retail sales climbed the most in eight months, further evidence of a strengthening economy as the Federal Reserve considers its first interest-rate increase since 2006. The greenback gained versus most major ...
Dollar Gains as Retail Sales Rise Most in 8 Months; Yen Declines
December 11th, 2014
The dollar rose for the first time in four days as a report showed retail sales climbed the most in eight months in November, indicating a strengthening U.S. economic recovery amid sluggish global growth. The greenback gained versus most ...
Bitcoin Fund Manager Faces HSBC Account Closure
December 2nd, 2014
Global Advisors, a firm based in Jersey that manages the first regulated bitcoin fund, has been served notice by its bank, HSBC. The firm said it received a notice from HSBC indicating that the company’s bank account would be ...
Apple tumbles as much as 6 percent in unusual trading
December 2nd, 2014
Apple Inc (AAPL.O) shares tumbled shortly after the start of trading on Monday, briefly suffering their largest price drop in at least three months on an unusual spike in volume. Selling accelerated just before 9:51 a.m. EST (1451 GMT), ...
Dollar’s Strongest Rally in Six Years Stalls Before Jobs Report
December 2nd, 2014
The dollar’s strongest annual rally in six years stalled amid speculation the currency’s advance has been too rapid before U.S. data tomorrow forecast to show job growth slowed. Australia’s currency rebounded from near the weakest in four years after ...
Bitcoin Needs an Aggressive Legal Defense
November 25th, 2014
Across the board, bitcoin requires forceful and aggressive legal defense, not complicity with governments in crafting policy and regulations. It’s going to get a lot rougher for bitcoin in the months and years ahead. We have to be prepared. ...
5 ways fraudsters trick investors
November 20th, 2014
Fraudsters use sleights of hand and other trickery that even magicians would be envious of. Americans lose an estimated $50 billion a year to fraud, including Ponzi schemes, pyramid schemes and other types of investment fraud. “People fall for ...
Permits Rise to Six-Year High as U.S. Housing Starts Decrease
November 19th, 2014
Residential-construction permits in the U.S. climbed in October to a six-year high, pointing to a pickup in homebuilding after activity cooled because of a slowdown in multifamily projects. Groundbreakings for single-family homes, condominiums and apartments fell 2.8 percent to a ...
Blackstone chases Buffett with ‘core’ private equity
November 19th, 2014
Blackstone Group LP has reached out to its biggest fund investors about investing in a new investment vehicle with a longer investment horizon than the typical 10-year private equity fund, according to people familiar with the matter. Dubbed “core” ...