Author:
-
Exclusive: Trump demands Fed help on economy, complains about interest rate rises
byWASHINGTON – U.S. President Donald Trump said on Monday he was “not thrilled” with the Federal Reserve under his own appointee, Chairman Jerome Powell, for raising interest rates and said the U.S. central bank should do more to help him to boost the economy. In the middle of international trade disputes, Trump in an interview […]
more -
China Zheshang Bank Issues Securities Worth $66 Million on Blockchain
byZheshang Bank, one of the largest privately held commercial banks in China, has completed the issuance of $66 million securities to investors by using its proprietary blockchain platform. Based on public documents, the bank filed its prospectus to the Shanghai Clearing House on Aug. 13 with a plan to issue securities worth 400 million yuan, […]
more -
Bitcoin buster? The search for a more stable cryptocurrency
byCryptocurrencies – digital tokens known as cryptos for short – have investors in the grip of a gold rush fever, with billions being traded every day. Prices fluctuate wildly, making them high-risk investments. But could a more stable, less volatile crypto persuade us to think of digital money less as a speculative investment and more […]
more -
Ace prepares for ‘logistics revolution’
by‘Retailers in Stores Eating Popcorn’ is screened in Chicago. Chicago – Retail success stories, plans for supply chain improvements and a spirited endorsement of the co-op hardware model highlighted the Ace Hardware General Session here during the co-op’s Fall Convention. During the 90-minute presentation, a wide variety of Ace dealers were recognized for achieving growth […]
more -
Workhorse brings an electric pickup truck, helicopter to Manhattan
byWorkhorse, with its 120 employees, hopes to beat larger players to market. I wasn’t sure entirely what I expected an electric helicopter to look like, but what I found waiting for me at New York’s Flatiron Plaza wasn’t it. It’s not because it didn’t look like a helicopter; to an extent, it did. It just […]
more -
Tesla slips as doubts grow over Elon Musk take-private plan
byTesla shares fell under $300 on Monday amid growing doubts about Elon Musk’s ability to take the company private. Shares in the electric car maker are down more than a fifth since he revealed the plan in a tweet on 7 August. Some analysts predict Tesla still has further to fall: JPMorgan Chase has cut […]
more -
Erdogan invokes patriotism, Islam as lira remains under pressure
byISTANBUL – President Tayyip Erdogan appealed to Turks’ religious and patriotic feelings ahead of a major Muslim holiday on Monday, promising they would not be brought “to their knees” by an economic crisis that has battered the lira currency. The lira TRYTOM=D3 has tumbled some 40 percent this year, hit by worries about Erdogan’s influence […]
more -
Police Arrest Hackers Suspected of Stealing $87 Million in Crypto
byChinese police from multiple cities have arrested three individuals who allegedly stole bitcoins and other cryptocurrencies worth around $87 million. Chinese news agency Xinhua reported on Saturday that the three were busted on Aug. 15 in the provinces of Hunan and Changchun and the country’s capital Beijing after a months-long investigation launched by the police. […]
more -
$23 Billion: Blockchain Pivot to Bring Big Savings for Australia’s Biggest Stock Exchange
byThe Australian Securities Exchange (ASX) has disclosed that millions of dollars in savings could be generated by Australian firms once the exchange migrates from the existing Clearing House Electronic Subregister System (CHESS) to a blockchain technology-based platform. Currently, it is estimated that the average fee that large investors are charged for clearing and settlement services […]
more -
How to Protect Your Personal Brand’s Website From a Cyber Attack
byHere are several ways you can effectively protect your website and online reputation. Your personal brand’s website is your calling card to attract loyal followers, and an unexpected cyber attack can cost you both time and money. What types of activity are you currently monitoring from the back end? With the right tools and knowledge, […]
more