Search Results for: U.S. economy
Bitcoin turns 10 — how it went from an abstract idea to a $100 billion market in a decade
November 1st, 2018
Ten years ago, as Lehman Brothers was declaring bankruptcy and the global economy was lurching into recession, the idea for an alternative currency was being quietly built online. Bitcoin went from an anti-establishment fad on the internet to a ...
UK to introduce ‘Google tax’ in 2020
October 31st, 2018
When it comes to tech, Britain wants to have its cake and eat it, too. The U.K. moved on Monday to extract more tax from the likes of Google and Facebook, even as London pushes aggressively to make itself ...
Global sell-off takes toll on Latin America stocks, forex
October 24th, 2018
Latin American stocks dropped on Tuesday, led by a 1.6 percent slide in Brazilian equities, swept up in a global sell-off sparked by concerns about Saudi Arabia’s diplomatic isolation, a brewing spat over Italy’s finances and fatigued U.S. corporate ...
Asian stocks and Japanese Yen fell; The main moves in financial markets
October 19th, 2018
Asian stocks posted further losses Friday after another slide in the U.S. overnight. China’s equities reversed losses after verbal intervention by the nation’s top financial regulators, who assured they’ll keep financial risks under control. The MSCI Asia Pacific Index ...
European stocks are set to open lower Monday morning
October 15th, 2018
European stocks are set to open lower Monday morning, as concerns over Brexit talks, a potential slowdown in the Chinese economy and higher U.S. borrowing costs limited investor appetite. The FTSE 100 is seen little changed from the previous ...
Dollar stands tall, euro sags as Italian political woes bite
October 3rd, 2018
The dollar stood near a one-month high against its peers on Wednesday as concerns as political wrangling over Italy’s budget plan rattled market sentiment and weighed on the euro. The greenback rose as the euro slumped after a senior ...
European shares dipped on Friday
October 1st, 2018
European shares dipped on Friday after the Italian government agreed to set a higher than expected budget deficit target that could put Rome on a collision course with Brussels. Shares in Italian banks, whose big sovereign bond portfolios makes ...
Asian Stocks Mixed, Yen and British Pound were steady; Key financial events coming up
September 26th, 2018
Asian stocks were mixed as traders awaited the Federal Reserve meeting. U.S. Treasuries were steady, with yields near the seven-year highs reached in May. Japan’s Topix index retreated from its highest in almost eight months. Stocks rallied in Hong ...
European stocks keep steady; The pan-European STOXX 600 rose 0.1 percent
September 18th, 2018
The pan-European STOXX 600 reversed early losses to rise 0.1 percent at the close, while Germany’s DAX, home to large exporters and carmakers, was down 0.2 percent. Wall Street opened slightly lower but the dip did not change the ...
12 US cities where accountants draw higher pay
September 10th, 2018
In an extremely competitive hiring environment, a competitive salary isn’t the only important benefit for employers of accountants to offer. Recently released salary guides by Robert Half International and Accounting Principals show that salary benchmarks are particularly high for ...