Nobel winners and business tycoons lined up this week to criticize bitcoin, the digital currency that has shattered records on its way past $11,000.
The harshest assessment came from Nobel laureate Joseph Stiglitz, who said that bitcoin “ought to be outlawed.”
“Bitcoin is successful only because of its potential for circumvention,” he told Bloomberg TV.....More>>>
General Electric Co. (NYSE: GE) shares managed to post a gain of 3.3% last week, but it wasn’t enough for the industrial giant to move out of its rank as the worst-performing Dow Jones industrial average stock for the year to date. Even with the weekly gain, shares are down 22.7% so far in 2018.
The second-worst Dow stock so far this year is Procter & Gamble Co. (NYSE: PG), which....More>>>
Watching the fireworks yesterday, a houseguest commented on why the techno display is bad for the environment (there’s always one in every crowd, isn’t there…!) It’s hard to ignore the majesty of a well produced fireworks display, and I don’t really see too many people hopping on the “let’s clean up the environment by eliminating standard 4th....More>>>
Our Top Pick for conservative growth in 2017 has more than 50% of the global volume in credit and debit cards, notes Doug Gerlach, editor of Investor Advisory Service.
Slower growth with an elevated P/E ratio held back Visa (V) last year. But with growth returning to Visa’s normal levels, we feel it is time to highlight its shares once again.
Visa’s high operating....More>>>
We have been waiting for an attractive entry point to buy Fabrinet (NYSE:FN) for a couple of months now as the stock has continued its impressive climb upwards. And, after the stock’s recent sell-off over the past few weeks, we believe that now is a great time to buy.
Click to enlarge
Brief Company Overview
Fabrinet is a high-tech contract manufacturer for some of the....More>>>
Shares of Fred’s (FRED) are up more than 3% today after activist investorAlden Global Capital announced a 25% stake in the retailer. But that’s pocket change compared to the 81% rise on Tuesday following the announcement that Fred’s would more than double in size by buying more than 800 stores from Rite Aid (RAD) and Walgreens Boots Alliance (WBA).
The September U.S. Dollar Index is trading at 96.72, up 0.62.
The U.S. dollar index is trading at the highs of the session.
Market chatter about a military coup in Turkey has caused modest disruptions in forex trading .
In other Forex Markets;
EUR/USD is trading at 1.1028, down 0.0077.
GBP/USD is trading at 1.3174, down 0.0175.
USD/JPY is trading at 104.65, down....More>>>
The dollar was slightly lower against the yen during Asia trade Wednesday as investors opted to lock in profits after the U.S. currency struggled to test its upside.
The dollar ....More>>>
Related IAG Earnings Scheduled For February 17, 2016 Benzinga's Top Upgrades IAMGOLD: Get It While The Gettins' Good (Seeking Alpha) Related ABX Earnings Scheduled For February 17, 2016 Benzinga's Top Initiations Barrick Gold Wants To Reduce Its Debt By $2 Billion....More>>>
New York has some of the strictest medical marijuana laws in the country, but a major tweak to current laws could increase patient access and help those in need.
According to NBC New York, 750 physicians have signed up to participate in medical marijuana programs, and 10,730 patients have been certified for medical marijuana use. But because of the restrictions, access to medical marijuana....More>>>