The White House has notified Federal Reserve governor Jerome Powell that President Donald Trump intends to nominate him as the next chairman of the central bank, according to a person familiar with the matter.
Buying legal marijuana in California could be pricey enough to keep the black market healthy.
China the world’s second-largest oil importer, roughly 8m barrels per day, is planning to launch a yuan-denominated oil contract which could spell the end of dollar dominance.
Sprint (S) and T-Mobile (TMUS) shares are plunging Monday amid a report that SoftBank Group, Sprint’s parent company, is nixing a proposed merger between the two telecommunications giants.
Whole Foods, the Amazon-owned upscale grocery chain, said Friday it is aiming to hire 6,000 new employees at its U.S. stores during a “National Hiring Day” event on Nov. 2.
Do you consider yourself a socially conscious person? Are you someone who stays up to date on current events, researches what’s going on in the world, and knows which companies are contributing to our world’s problems and which are working to solve them? If you said yes, then it sounds like you are a conscious consumer and understand the power of voting with your dollar and putting your money where your mouth is… but — where do you put your money? Which bank do you use? This is something many of us don’t even consider, but just like anywhere else you put your money, the bank you choose to support with your dollars matters.
The world’s most popular digital currency, Bitcoin, has topped another threshold, reaching $6,031 on Friday. It comes less than a week after the cryptocurrency smashed the $5,000 benchmark.
Gold wins out over cryptocurrencies when assessed on the majority of the key characteristics of money, according to Goldman Sachs Group Inc., which adds that fear and wealth are the core drivers of bullion.
The cryptocurrency has increased in value by more than eight percent. Bitcoin started the year trading at $966 per token and has soared over 750 percent in the last 12 months. It is now worth four times more than an ounce of gold.
It’s probably not a coincidence that on the day bitcoin hit new all time highs above $5,200, and just over a week after the WSJ reported that Goldman is planning a bitcoin trading operation, JPMorgan seems to be changing it tune.
Walmart is all about online, anticipating digital sales next year will rise about 40 percent and that it will add 1,000 U.S. online grocery locations.
The benefits of the legalization of marijuana extend beyond the cannabis industry and the lives of the people who use it. A new study shows that in states where marijuana has been legalized, fast food sales are on the rise.
Streaming media company Netflix (NFLX) announced on Thursday that prices for its most popular service will increase by 10%, affecting 53 million U.S. subscribers.
Bass Pro Shops and Cabela’s (CAB) put the finishing touches on their merger Monday, announcing the completion of a $4.2 billion deal to combine the two outdoor retailers.
President Donald Trump unveiled a new program at the White House on Monday to boost education in science, technology, engineering and math (STEM), with a particular focus on computer science and coding.
The streets around Salt Lake City’s downtown emergency shelter have long been home to hundreds of homeless people. In recent weeks, though, nearly all seem to have vanished following a police operation. Local residents are mystified as to where they’ve gone.
Hewlett Packard Enterprise will soon shrink its workforce about 10 percent by laying off 5,000 employees, sources familiar with the decision said.
In rural Mecosta County, Mich., sits a near-windowless facility with a footprint about the size of Buckingham Palace. It’s just one of Nestlé’s roughly 100 bottled water factories in 34 countries around the world.
The owner of a Metro PCS store says he has learned that 32 Metro PCS stores in South Florida were victimized by looters as Hurricane Irma was bearing down on the area.
What will happen when countries drop the petrodollar system?