Month: September 2019

When most investors think of the cannabis industry, they don’t think of huge, reliable streams of income. Source: Shutterstock I know that. And based on the reaction to my first-ever Cannabis Cash Weekly summit, a lot of folks are still trying to wrap their heads around what I told them. That they can … Invest in
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Just last week, it appeared as though the U.S.-China trade situation was headed to one of its darkest places yet as President Donald Trump threatened a risky plan to delist Chinese companies trading on major U.S. exchanges. Source: rafapress / Shutterstock.com Fortunately, cooler heads prevailed on that front with the Treasury Department saying over the
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Amazon’s (NASDAQ:AMZN) sudden spike in shipping costs has led to a dip in operating margin for the first time in the last few quarters. The operating margin came at 4.9% compared to 5.6% in the year-ago quarter. Source: Mike Mareen / Shutterstock.com One of the main reasons behind this dip in operating margin was the
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A system-wide upgrade is coming to ethereum’s Ropsten test network on Wednesday. And while “Istanbul” should ultimately introduce network efficiencies, the testnet launch won’t be smooth sailing for everyone. For governance platform Aragon, in particular, the code changes are expected to break roughly 680 smart contracts, according to Aragon One CTO Jorge Izquierdo. These smart
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U.S. stock futures are trading higher this morning. The slight rebound comes after heavy selling pressure on Friday on reports that the White House was discussing potential investment restrictions for U.S. investors into China. Chinese stocks were among the day’s biggest losers with the iShares China ETF (NYSEARCA:FXI) falling 1.2% on its highest volume session
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A new software based on the Hyperledger Fabric blockchain was launched for commodities trading for the gas industry. EnHelix Marketplace was unveiled at the Gastech energy conference in Singapore, company executives told CoinDesk. The software streamlines commodities trading with applications supporting every step of the process — pre-trade KYC, trade execution and post-trade risk management
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Facebook Chief Executive Mark Zuckerberg walks past members of the news media as he enters the office of U.S. Senator Josh Hawley (R-MO) while meeting with lawmakers to discuss “future internet regulation on Capitol Hill in Washington, September 19, 2019. Joshua Roberts | Reuters Check out the companies making headlines in midday trading: Facebook – Shares
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(credit Fidelity.com) This is the chart for unleveraged ETF GLD over the past 3 months.  In the early part of the chart things basically obey the script.  In those cases, the market acts “normally” – if you can count the fits and sputterings of a spoiled teenager normal.  When the USD goes down (using the
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Randal Quarles, vice chairman of supervision at the Federal Reserve, at the NABE Economic Policy Conference in Washington, D.C., U.S. on Feb. 26, 2018. Joshua Roberts Washington, D.C. — The U.S. economy is chugging along nicely even as worries over the country’s trade policy are hurting business investment, a top Federal Reserve official said Friday.
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The Takeaway: Asian institutional investors, mostly high-net-worth individuals and family offices, are increasingly showing interest in digital assets, with some having allocated part of their portfolios to crypto hedge funds. The gloomy macroeconomic outlook and the news of Facebook’s Libra and China’s central bank digital currency have fueled this interest, market participants say. Crypto hedge
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Lyft (NASDAQ:LYFT) stock continues its slide. Its short-term fortunes have worsened as new laws in California will now force the company to treat drivers as employees rather than contract workers. Source: Tero Vesalainen / Shutterstock.com This bill may actually make little difference to Lyft’s future. Longer term, LYFT could still become not only profitable but
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While going through the morning mail and news your sleepy Gold Enthusiast ran across an article in Mining Technology, a nice little industry website that gives lots of hints and clues over the year. Much of the time the content is kinda dry unless you’re into digging holes and processing tons of dirt to extract
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LedgerX executives claim the U.S. Commodity Futures Trading Commission (CFTC) is treating them unfairly – because of a blog post. According to two letters obtained by CoinDesk via a Freedom of Information Act (FOIA) request, LedgerX believes former CFTC Chairman J. Christopher Giancarlo was personally biased against the company, and improperly used his position to
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Recent highly publicized flops by supposedly disruptive companies could be painting an unpleasant picture ahead for innovation, at least in how it’s viewed in the financial markets. Investors have turned thumbs-down on high-profile companies including WeWork, Uber and Tesla. Industries including marijuana, vaping and bitcoin all have seen big price drops following a spate of
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