Search Results for: Fed
A beginner’s guide to bitcoin: What you need to know
May 12th, 2016
When Craig Wright claimed he invented bitcoin, it put the mysterious currency back in the spotlight. But while it’s generated a furore in the community of underground hackers and crypto-anarchists, most people are bemused by all the fuss. What is ...
Stocks Rally Amid Commodity Revival as Brazilian Assets Recover
May 11th, 2016
S&P 500 surges most since March amid gains in metals, oil Kiwi advances as central bank zeroes in on housing market U.S. stocks rallied the most in two months, joining a rebound in global equities as the bearish sentiment ...
Europe Stocks Rise for 2nd Day as Credit Suisse Leads Bank Gains
May 10th, 2016
Carmakers climb as China auto sales increased in April Pandora jumps on better-than-forecast profit, raised outlook European shares rebounded further as investors speculated a selloff that spurred their worst week since February was overdone, and Credit Suisse Group AG ...
Asia mostly higher; Nikkei leads with 2% gain
May 10th, 2016
Asia markets traded mostly higher on Tuesday, with the Japanese benchmark index leading gains in the region. The Nikkei 225 added 2.04 percent, while across the Korean Strait, the Kospi traded up 0.36 percent. In Hong Kong, the Hang Seng index was down 0.05 percent. ...
The creator of digital currency service “Liberty Reserve” was sentenced to 20 years in prison
May 9th, 2016
Bitcoin was not the first type of online money to be ever created, as it was preceded by E-Gold and Liberty Reserve, to name a few. The creator of Liberty Reserve was sentenced to 20 years in prison on ...
Gaming preferences and payment methods across the world
May 9th, 2016
The Internet has introduced new levels of comfort and convenience to contemporary society. Online, we can avoid suffering in long queues, stressing over decisions, or wasting time looking for something specific. Even children know that almost everything you could ...
US arrests Panama’s Nidal Waked, accused of laundering Colombian and Mexican drug cash
May 6th, 2016
Authorities have arrested a prominent Panama businessman and dismantled an empire of banking, real estate and retail businesses that the U.S. says were part of a top worldwide money-laundering organization for drug traffickers. The coordinated operation was announced Thursday ...
Asian Stocks Sink to Four-Week Low as Yen Gains; Aussie Slides
May 6th, 2016
Australian bonds surge as RBA cuts inflation forecast Oil near $44, poised for first weekly decline in a month Asian stocks dropped, set for the biggest weekly loss since February, and the yen rose before key American jobs data ...
A lawsuit filed against Starbucks
May 5th, 2016
What do you do when you’ve ordered a Starbucks iced coffee that you think is watered down with too much ice? A) Return the drink and ask for less ice. B) Sue. A Chicago woman represented by a litigation law firm ...
Mobile Payments: Where’s the Benefit?
May 5th, 2016
The ‘use case’ for mobile payments, particularly at the point of sale, is still not strong enough to lure the bulk of smartphone owners. Apple’s Tim Cook speaks of mobile payment adoption as if the market is exploding. On ...
