Uber drivers strike ahead of impending IPO

May 8, 2019

Ride-hailing drivers across the world went on strike on Wednesday, ahead of Uber Technologies Inc.’s UBER, +0.00% initial public offering, which is expected to price on Thursday. The drivers are protesting the large payouts that will go to Uber’s founders, […]

Productivity soars 3.6% in first quarter, drives fastest yearly gain since 2010

May 2, 2019

Category: Industries, Others

The numbers: The productivity of American workers soared in the first quarter and pushed the increase over the past year to the highest level since 2010, a potentially great sign for the U.S. economy. The productivity of American workers increased […]

US new-home sales climbed 4.5% in March

April 23, 2019

Category: News

Sales of new U.S. homes increased 4.5% in March, the third straight monthly gain as the housing market appears to be cautiously recovering from a mortgage rate spike last year that caused homebuying to slump. The Commerce Department said Tuesday […]

Finance Tech, Industries, Manufacturing, Trading

Trump Wants You to Buy American. Here’s Why That’s Almost Impossible

May 14, 2019

Via: Time

For nearly a century, the St. Pierre Manufacturing Corporation has made products such as horseshoes, tire chains, and anchors in a facility near Worcester, Mass. But in recent months, St. Pierre has been struggling. Why? Increased tariffs on goods from […]

Finance Tech, Trading

Warren Buffett was wrong about the trade war

May 14, 2019

Via: Business Insider

The legendary investor Warren Buffett may have a gift for recognizing risks and anticipating disasters, but he was off the money when he predicted there wouldn’t be a trade war between the US and China. “I don’t think either country […]

Finance Tech, Trading

Dow futures fall over 300 points as U.S.-China trade talks appear stalled

May 13, 2019

Via: Market Watch

Wall Street was setting up for a tough start to the week on Monday, with Dow Jones Industrial Average futures down over 300 points as investors waited for countermeasures from China after trade talks with the U.S. appeared to end […]

Finance Tech, Trading

Bitcoin climbs back above $7,000 and is now up 90% year-to-date

May 13, 2019


Bitcoin has jumped above $7,000, continuing a stunning comeback for the cryptocurrency in 2019. The virtual currency climbed close to $7,600 on Sunday, according to industry website CoinDesk. It’s since pared gains, but is still holding above that $7,000 level. […]