Introducing Libra: Facebook’s long-awaited dive into cryptocurrency
Facebook has finally revealed the white paper for its long-awaited dive into the cryptocurrency realm with the introduction of the Libra.
On Tuesday morning, Facebook released the details of its cryptocurrency Libra, which will allow...
China’s rare earth “nuclear option” looks increasingly likely
China's threats to ban rare earth exports to the United States is looking increasingly likely as trade tensions in between the two economic superpowers continue to escalate.
China is ready to use rare earths to...
Alibaba weighs $20 billion Hong Kong listing
Chinese online retail giant Alibaba is supposedly considering a $20 billion Hong Kong listing in what would be an unexpected move for the vast $400 billion business.
The transaction would be the biggest follow-up share...
Student loan debt: The cost of opportunity in America
If you're a billionaire looking to get some major attention, paying off an entire graduating class's student loan debt may be the answer.
Last weekend, Robert F. Smith, a billionaire tech investor and founder and...
Markets rebound as traders adapt to trade war rhetoric
Trump shocked markets today following some hopeful remarks regarding the ongoing trade war between the U.S. and China.
Major U.S. stock indexes rose at the opening bell on Friday, a day after a sharp sell-off,...
Trade war tit-for-tat spills into America’s backyard
The ongoing trade war between the United States and China has shocked markets on multiple occasions, stranded workers across many industries, and left the citizens on the ground in both countries scratching their heads...
European regulators slam major banks for forex manipulation
European regulators slammed a handful of major banks with a billion dollar fine for rigging forex markets.
EU antitrust regulators have fined Barclays, Citigroup, J.P. Morgan, and Royal Bank of Scotland a massive €1.07 billion...
Turkey faces possible credit downgrade
Turkey is facing a possible credit downgrade if it can't get its financial act together, according to new analysis from credit ratings firm Moody's.
Turkey needs to put a substantial and reliable plan in place...
Markets brace for prolonged trade war
The trade war is officially back on, with the United States and China both refusing to give even an inch, causing investors worldwide to lose big as markets face their worst May in nearly...
Binance loses $41 million as exchanges grapple with growing threat from hackers
Binance, one of the world's biggest cryptocurrency exchanges, fell victim to a major data breach on Sunday evening.
The "security breach" as Binance is reporting it, led to 7,000 bitcoin being taken from the exchange...
