Month: July 2019

Congress is going crypto. Lawmakers from the U.S. Senate and House of Representatives heard testimony this week regarding Facebook’s Libra project in the interest of finding a way to regulate the digital payment system and ascertain how it is different from cryptocurrencies like bitcoin. In the hourslong confabs, Congress heard testimony from Calibra chief David
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ASSOCIATED PRESS IBM is catching up with fast growing technology companies Microsoft and Amazon, recently. On Wall Street, that is. IBM’s shares have gained 34.80% YTD, compared to 35.58% of Microsoft and 30.80% of Amazon—see Chart. All three companies have outperformed the overall market. IBM, Microsoft, and Amazon shares YTD Koyfin That’s a big change
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Hand drawing Karma Cycle concept with black marker on transparent wipe board. Getty Sometimes you put good money into a good normal stock and still reap negative profits. Perhaps it receives bad press for some unjustified reason. Perhaps a recession hits. Perhaps the CEO resigns unexpectedly. In that regard, I guess that karma doesn’t work
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President Donald Trump pumps his fist after putting on a hard hat given to him before speaking to the National Electrical Contractors Association Convention at the Pennsylvania Convention Center, Tuesday, Oct. 2, 2018, in Philadelphia. (AP Photo/Evan Vucci) ASSOCIATED PRESS Low state tax rates appear to be driving faster job growth since President Trump signed
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Tom Cruise on the set of “Top Gun.” Paramount Pictures | Sunset Boulevard | Corbis | Getty Images On Thursday, Paramount debuted the first trailer for “Top Gun: Maverick,” a sequel to the much beloved ’80s classic “Top Gun,” at San Diego Comic-Con. By Friday, eagle-eyed fans had spotted one big difference between the iconic
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Larry Fink Anjali Sundaram | CNBC BlackRock, the world’s largest asset manager, missed analysts’ estimates for quarterly profit on Friday, as investment advisory and securities lending revenue fell and costs rose. Its institutional funds added $87.36 billion in the second quarter, up from $29.12 billion in the first quarter. Investors poured more money into BlackRock’s actively
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