Bitcoin price rises higher than gold, but don't read too much into it
The price of bitcoin continues to rise, setting a fresh record high. The price for one bitcoin is now worth more than one ounce of gold, but this is less significant than it may seem, say experts. Gold and bitcoin prices crossed overnight. The crypto currency has set a fresh record high of $1,290.13, while a gold ounce currently trades around $1,228. Part of the reason for the switch is that gold has had a rough week. The price for the precious metal has fallen more than 2 percent this week, du..>> view originalExclusive: Trump aides' bid to plug leaks fuels government paranoia - sources
WASHINGTON President Donald Trump's Treasury Secretary Steven Mnuchin used his first senior staff meeting last month to tell his new aides he would not tolerate leaks to the news media, sources familiar with the matter said.Current and former officials said that in a departure from past practice, access to a classified computer system at the White House has been tightened by political appointees to prevent professional staffers from seeing memos being prepared for the new president. And at the..>> view originalUber loses legal challenge against English tests for London drivers
The bad news just keeps piling up for Uber. The ride-hailing giant has lost a court battle against London’s transport regulators which have been seeking to raise the level of English spoken by private hire vehicles on safety grounds, requiring that all drivers pass an English proficiency test this year. The new rules mean all private hire drivers in London will have to prove their ability to speak English through a (mostly) verbal language exam or through other relevant documentation. The test..>> view originalCalifornia high school makes millions on Snap IPO
Eggers met with Snap co-founders Evan Spiegal and Bobby Murphy, who at the time were working out of Stamford dorm room, and, having been suitably impressed, prompted Lightspeed to lead a $500,000 investment round – the company's first. Lightspeed invested $485,000 and Eggers invited Saint Francis' to put forward the remaining $15,000 from its investment fund that had been created in 1990 by parents and former Saint Francis president Kevin Makley to support long term initiatives. In his note to ..>> view originalCostco same-store sales miss as price wars heat up
Shoppers push carts in Costco in Fairfax, Virginia, January 7, 2010. Costco Wholesale Corp on Thursday reported a better-than-expected nine percent rise in December sales at stores open at least a year, helped by an increase in gasoline prices and stronger foreign currencies.Reuters/Larry Downing(Reuters) - Warehouse club retailer Costco Wholesale Corp reported lower-than-expected quarterly comparable-store sales and profit as big grocery chains competed fiercely to attract customers with lower..>> view originalEPA halts inquiry into oil and gas industry emissions of methane, a powerful greenhouse gas
In this June 12, 2014 photo, oil pumps and natural gas burn off in Watford City, N.D. (AP Photo/Charles Rex Arbogast) The Environmental Protection Agency Thursday announced it was withdrawing a request that operators of existing oil and gas wells provide the agency with extensive information about their equipment and its emissions of methane, undermining a last-ditch Obama administration climate change initiative. The EPA announcement was a first step towards reversing an Obama administratio..>> view originalYears of federal scrutiny lead to Caterpillar HQ raid
Years of federal scrutiny over Caterpillar's overseas business practices and tax strategies came to a head Thursday with a raid on the heavy machine maker's Peoria headquarters.Authorities from three agencies, including the Internal Revenue Service, arrived before 11 a.m. at the headquarters and two nearby facilities. Initially only confirming the raid, Caterpillar later in the day acknowledged it was tied to the same issue that has dogged the company for eight years: its use of a parts subsidi..>> view originalDollar retreats after bullish week
LONDON The dollar stalled after two days of strong gains on Friday, with nerves around a speech by Federal Reserve chief Janet Yellen due later in the day adding to factors that have held back a broader rally this year.A poll showing centrist candidate Emmanuel Macron moving ahead of far-right rival Marine Le Pen in first round voting intentions also further eased nerves around April and May's French presidential elections, prodding the euro higher.The dollar is up around 1 percent this week, ..>> view originalFox Formally Notifies EU of Sky Bid, Kicking off Regulatory Review Process
Fox Formally Notifies EU of Sky Bid, Kicking off Regulatory Review Process 4:06 AM PST 3/3/2017 by Georg Szalai The European Commission must decide if it will reduce competition, while the U.K. culture secretary is "minded" to ask for a review of commitments to broadcast standards and the deal's effect on media plurality. Rupert Murdoch's 21st Century Fox has formally notifi..>> view originalAmEx adds Platinum perks as high-end cards court travelers
This image provided by American Express shows the company's redesigned platinum credit card. American Express is announcing a new set of features for its Platinum Card, the popular charge card aimed at well-off and frequently traveling customers. (Photo: AP)Attention American Express Platinum Card members: New perks and a higher fee are coming your way as the financial services giant battles increased competition for high-end spenders.Starting March 30, added benefits will include up to $200 in ..>> view original
Sunday, June 18, 2017
Bitcoin price rises higher than gold, but don't read too much into it and other top stories.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment