Tell Billionaire CEO Jamie Dimon He’s The Reason Why America’s Small Businesses Are Dying: Wes Messamore
The live stream of Jamie Dimon’s address (watch below) at the NY Economic Club opens with the billionaire CEO of JP Morgan Chase pointing out a dearth of activity from American small business entrepreneurs over the last ten years since the Wall Street financi…
Kashkari: Federal Reserve Doesn’t Need to Protect Investors: Melanie Kramer
Another Federal Reserve president has spoken out on interest rates. Neel Kashkari says there is no need for interest rate hikes right now but that the US Federal Reserve does not exist to protect investors. Though the stock markets are exhibiting “nervousness…
United Airlines: We’re Not Hurting from Government Shutdown [Yet]: Samantha Chang
United Airlines CEO Oscar Munoz says the partial US government shutdown has not had a significant financial impact yet, but warns that this could change dramatically if the furlough drags on much longer. “There is some impact there,” Munoz told CNBC Wednesday…
Dow Jones Gets Huge Boost: Goldman Sachs Soars 9%: Melanie Kramer
The Dow Jones Industrial Average received a huge boost today as Goldman Sachs reported higher than expected earnings for the fourth quarter of 2018. Goldman Sachs delivered adjusted earnings per share (EPS) of $6.05 against analyst’s predictions of $4.53. Its…
Trump Slump? Government Shutdown & Trade War Leave Markets on Edge: Wes Messamore
The federal government shutdown showdown of 2019 between Capitol Hill Democrats and President Donald Trump keeps setting records as it enters into its 26th day. The previous longest federal shutdown in U.S. history was the 1995-’96 face-off between Speaker Ne…
Why Ford Believes Blockchain Can Help Fight Child Labor: David Hundeyin
Automotive giant Ford has entered a partnership with IBM, Huayou Cobalt, and LG Chem to build a blockchain platform to monitor the supply of cobalt from the Democratic Republic of Congo as part of an attempt to ensure that child labor does not make up any par…
Binance Foils Cryptopia Hacker by Freezing Stolen Crypto: Tedra DeSue
Binance has frozen some of the funds that were stolen from crypto exchange Cryptopia during the high-profile hack that occurred earlier this week. Binance Puzzled Why Hackers Keep Sending Funds to its Exchange Binance CEO Changpeng Zhao announced the news in …
Crypto Venture UpStake is Redefining the Industry with a Proof-of-Burn Stable Coin: Press Release
This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to c…
BitGo & Genesis Trading Want to Help Whales Avoid Crypto Exchanges: Mark Emem
Blockchain security firm BitGo has entered a partnership that will allow its clients to trade cryptocurrency assets that are held in its custody. The partnership with over-the-counter exchange Genesis Global Trading will allow BitGo clients to trade their dig…
S&P 500 Will Rally in 2019, Predicts ‘Stubborn Bull’ Joseph Zidle: Melanie Kramer
Blackstone’s new chief strategist, Joseph Zidle, says the government shutdown won’t have a lasting effect on the US stock market and predicts that the S&P 500 is heading for a 15% rally. Zidle Not Concerned about Government Shutdown Zidle recently succeeded t…
Booming Chinese Capital Outflows May Result In 2019 Crypto Bull Run: David Hundeyin
Increasing rates of Chinese capital outflows over the past few months are presenting the cryptocurrency space with an unprecedented opportunity as citizens of one of the world’s most strictly regulated jurisdictions find ever more ingenious ways to get around…
Victory: Eddie Lampert’s $5.2 Billion Bid Rescues Sears from Bankruptcy: David Hundeyin
ESL Investments CEO Eddie Lampert has emerged victorious in the Sears Holding Corporation bankruptcy auction with a $5.2 billion bid that potentially saves tens of thousands of jobs and keeps 425 Sears stores open across the United States. Sears Shares Leap a…
‘Gravity’s a B*tch’: BitMEX CEO Mocks Crypto Firms for Failure of ‘Poo Poo’ ICOs: Conor Maloney
The research team at BitMEX exchange has released a report in collaboration with TokenAnalyst which reveals that various ICO teams in 2018 gifted themselves a grand total of $24.2 billion worth of crypto tokens. The abstract of the piece is quick to state tha…
Invesco Bullish on China as US Firms Blame Trade War for Revenue Woes: Mark Emem
Investment management firm Invesco has suggested that opportunities exist in China despite the earnings warnings that U.S multinationals have issued in response to the ongoing trade war. Speaking to CNBC, Invesco’s chief global market strategist, Kristina Hoo…
Russian Prime Minister: Don’t ‘Bury’ Crypto over Bear Market Woes: Conor Maloney
Russian Prime Minister Dmitry Medvedev has addressed the cryptocurrency bear market in a speech at the Gaidar international scientific forum, according to local media outlet TASS. Russian PM Warns Against Discounting Bitcoin On Tuesday, Medvedev stressed the …
Dow Jumps 145 Points as Markets Shrug off Brexit Blunder: Sam Bourgi
U.S. stocks extended gains after the bell on Monday, as investors shrugged off Theresa May’s Brexit blunder and shifted their focus to corporate earnings season. Dow in the Green All of Wall Street’s major indexes traded sharply higher in the early morning. T…
BANKEX Partners with Digital Trust Fund to Develop Uzbekistan’s Digital Economy: Press Release
This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to c…
BitMart “Vote for Your Coin – Round 6” – Help Your Favorite Coin List for Free!: Press Release
This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to c…
Analyst: 2019 a Year of Accumulation For Bitcoin, Recovery by Year’s End: Joseph Young
In the past 24 hours, the crypto market has recovered from $120 to $123 billion as the Bitcoin price avoided a further drop below the $3,600 mark. Ethereum has also been able to rebound relatively quickly from the delay of the Constantinople hard fork, which …
BlackRock Earnings Plummeted with 60%, Falling Short of Expectations: David Cullinan
BlackRock, the world’s largest asset manager, reported quarterly earnings today that fell short of the expectations of analysts. Earnings over this past year plummeted by almost 60% to $927 million, with earnings per share sitting at $6.08 on an adjusted basi…
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