The Dow, S&P 500, and Nasdaq are coming off one of their best weeks of 2020. JPMorgan says the rally won’t last heading into summer. Equity markets typically underperform during the summer, a phenomenon known as ‘selling in May and walking away.’ The Dow and broader U.S. stock market began their post-Memorial Day trading on …
Many lost jobs in the U.S. are unlikely to recover due to disruptions in supply chains and consumer demand. A study from the University of Chicago suggests that even a vaccine may not aid economic recovery. Nobel laureate Joseph Stiglitz predicts double-digit unemployment until 2022. When the U.S. recovers from the coronavirus pandemic and reopens …
Dow Jones futures fell by as much as 162 points Monday night. Analysts are warning of a “double-dip” recession if lockdown restrictions lead to a second wave of Covid-19 infections. Coronavirus has now infected more than 4.1 million people worldwide, according to official estimates. U.S. stock futures moved lower in overnight trading Monday, as investors …
Elon Musk is considering leaving California amid lockdown issues. While Musk wants the economy to reopen, other billionaires do not share his enthusiasm. President Trump is one with Elon Musk in getting Americans back to work. Tesla CEO Elon Musk is not happy with how California is handling the COVID-19 pandemic. So much so that …
The stock market growth to value ratio is at historic extremes. One hedge fund manager warns this indicates equities are in a bubble. It’s not the only indicator echoing the Dot Com bubble. The stock market has entered the doldrums after a record-setting crash followed by a record-setting rally. And first-quarter earnings season hasn’t seemed …
Three researchers with the Initiative for CryptoCurrencies and Contracts (IC3) are questioning whether, as some proponents claim, blockchain technology will be able to change the internet voting sector for the better. In an article published by Business Insider, the scholars argue that while blockchain technology might serve to revolutionize other industries, internet voting might be a …
In an exclusive interview with CCN, the CEO of the world’s largest Bitcoin ATM network took a hard stance against those who believe in a world where Bitcoin and its peers can survive unregulated. Sheffield Clark, whose company — Coinsource — recently installed 17 new Bitcoin ATMs in Florida, stated that cryptocurrency is not a …
Open Positions at CCN: Full Time and Part Time Journalists Wanted. Healthcare in developing parts of the world has remained below standard over a long period of time. The reasons for this can be related to system weaknesses in terms of leadership, governance, workforce, technology, finance among others. Traditional implementations in attempt to achieve lasting …
Join our community of 10 000 traders on Hacked.com for just $39 per month. Just as the range of social networks has expanded to a number of different platforms with different underlying attributes and capabilities, crypto platforms will proliferate for every kind of use case and requirement. Crypto technology is almost synonymous with blockchains, but …
Join our community of 10 000 traders on Hacked.com for just $39 per month. In the third in sequence yet the fiercest attempt of downing the Reserve Bank of India’s circular blocking off banking services to cryptocurrency exchanges, four more Indian cryptocurrency exchanges have jointly filed a Writ Petition (Civil) no. 373 of 2018 under …