Facebook's Libra cryptocurrency suffered another setback on Wednesday when Switzerland said the proposed payments system could face strict rules that typically apply to banks, on top of tough anti-money laundering laws.
Here's a look at what cutting the Fed's target interest rate to zero could mean for your wallet.
As the Sino-U.S. trade war drags on, Beijing is throwing its door wide open to foreign investors as concerns grow over declining exports, capital flight and persistent yuan weakness.
"Negative rates, no. You don't want negative rates. That's just a sign that we're not a robust economy," says CNBC's Jim Cramer.
DoubleLine's Jeffrey Sherman tells CNBC that August's Treasury bid may have been overdone and said gold could be a good recession play.
U.S. President Donald Trump on Wednesday called on the "boneheads" at the Federal Reserve to push interest rates down into negative territory, a move reluctantly used by other world central banks to battle weak economic growth that risks punishing savers and banks' earnings in the process.
Apple Inc's move to offer a free TV+ subscription for a year with every new device may briefly crown the iPhone maker as the biggest streaming service by user numbers, leapfrogging Netflix Inc.
General Motors Co said Wednesday it was recalling 3.46 million U.S. pickup trucks and SUVs to address a vacuum pump issue that could make braking more difficult and that has been linked to 113 accidents and 13 injuries.
OxyContin maker Purdue Pharma LP is nearing a partial agreement to resolve widespread litigation over its alleged role in fueling the U.S. opioid crisis and plans to tussle with states opposing its settlement offer in bankruptcy proceedings starting as soon as next week, people familiar with the matter said.
U.S. stocks rose on Wednesday, lifted by Apple a day after the launch of its latest iPhones and as China moved to ease trade tensions with the United States by exempting certain goods from additional retaliatory tariffs.
"Colossal Inc is a veteran founded company that develops innovative software with people in mind. SayScape is a social media platform designed for free expression, security focused, and user customization with a large focus on the veteran community. Everyday approx 22 military veterans take their own lives due to symptoms of PTSD. We provide a [...]
The post Colossal on Wefunder appeared first on Crowditz.
U.S. President Donald Trump's pining for negative rates was widely panned on Wall Street where strategists and traders said such a move would be unjustified and extreme, and not advisable based on the experience in other countries.
"We believe chocolate should be both fun and delicious. It's a food with a superpower: it's loved by all ages, consumed at any time and has the ability to get people to open up and connect. Our focus is team building events for companies that want to give their employees something special."
The post tinyB chocolate on Wefunder appeared first on Crowditz.
U.S. producer prices unexpectedly rose in August, but the overall trend in producer inflation remains tame, cementing financial market expectations that the Federal Reserve will cut interest rates again next week to support a slowing economy.
From pubs to theme parks, sterling's near record lows against other major currencies has encouraged overseas buyers to snap up "UK Plc", with more bargain hunters expected.