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News

The Economy Is Getting Hotter. Is a Productivity Boom Next?

February 21, 2018

Via: New York Times

Two of the most important facts about the global economy over the last decade are these: A giant financial crisis led to mass unemployment in many countries and years of disappointing growth. And despite a seeming barrage of technological innovation, […]


Finance Tech, Trading

US stocks are mostly lower as markets reopen after holiday

February 20, 2018

Via: ABC News

U.S. stocks were mostly lower in the early going Tuesday as trading reopened after a long holiday weekend. Disappointing earnings from Walmart weighed on the market, which was coming off a six-day winning streak. Losses in consumer-focused stocks and other […]


Industries, Retail & Wholesale

Walmart tumbles after online sales growth slows (WMT)

February 20, 2018

Via: Business Insider

Shares of Walmart fell as much as 6% in early trading Tuesday after the retailer posted a 42% drop in fourth quarter earnings that missed Wall Street’s expectations. However, the word’s largest retailer reported better-than-expected revenues of $136.27 billion, where […]


Software & Tools

WhatsApp Payments to be widely available only after it meets all norms: NPCI

February 19, 2018

Via: TechRadar

The digital payments battle is heating up in India and the latest to join the fray is WhatsApp, the global instant messaging behemoth. Understandably, the entry of such a big player in a field like digital payments is going to […]


Finance Tech, Industries, Liquidity, Retail & Wholesale

Retail investors would ‘bear the brunt’ of a cryptocurrency market collapse, study says

February 19, 2018

Via: CNBC

Retail investors would feel the impact of a cryptocurrency market collapse the most, while institutional investors would be better protected against such an event, according to researchers. “At this stage, we think that retail investors would be the first to […]


Software & Tools

Western Union Is Testing Ripple and XRP for Money Transfers

February 14, 2018

Via: Fortune

You can add Western Union to the growing list of banks and financial institutions that are test-driving Ripple, the blockchain company trying to become the go-to service for global money transfers. On the company’s earnings call on Tuesday, CEO Hikmet […]


Energy, Industries

Oil price outlook: Is this the beginning of a downturn?

February 13, 2018

Via: USA TODAY

Oil just posted its worst week in more than two years — WTI lost 9.5% and Brent lost 8.5%. The last time the two oil benchmarks fell by that much in a single week was early 2016 when the oil […]


Finance Tech, Trading

Markets Right Now: Health care stocks lead US market lower

February 13, 2018

Via: ABC News

The latest on developments in financial markets (all times local): 9:35 a.m. Health care companies are leading stocks broadly lower in early trading on Wall Street as the market gives back some of its big gain from the day before. […]


Finance Tech, Industries, Others, Trading

Buy ‘networking juggernaut’ Cisco now due to market share gains: Analyst

February 12, 2018

Via: CNBC

Cisco shares will rise due to a big upgrade cycle for its products in the network switch market, according to Nomura Instinet. The firm raised its rating for Cisco shares to buy from neutral, predicting the company will report higher-than-expected […]


Finance Tech, Liquidity

Bitcoin surges by more than $2,000 in just over a day

February 7, 2018

Via: USA TODAY

Bitcoin rose Wednesday morning along with sharp gains in other major cryptocurrencies. The largest digital currency by market capitalization traded 9.5% higher above $8,400 as of 8:12 a.m., EST, according to CoinDesk, whose bitcoin price index tracks prices from four […]