Category: random

The cryptocurrency market’s credibility took a hit late Wednesday New York time when Japanese exchange Zaif said it had been hacked, resulting in the loss of nearly 6,000 bitcoin. As for pricing action, however, the news had little immediate impact, with bitcoin steady and the ongoing Ripple rally boosting alt-coins. The latest hack was the…

You could own James Bond’s car Aston Martin wants to sell its shares at a price that would put the luxury brand in the same league as Ferrari. But does it have the horsepower? The favorite carmaker of fictional British secret service agent James Bond announced plans Thursday to sell shares for up to £22.50…

Treasury yields pulled back slightly early Thursday trading ahead of data that will give the latest read on the labor and housing market’s health. The 10-year Treasury note yield TMUBMUSD10Y, +0.70% was down 0.9 basis point to 3.074%, but still near its seven-year high at 3.109%. The 2-year note yield TMUBMUSD02Y, +0.90% was mostly flat…

The U.S. dollar softened on Thursday, partly due to a buoyant British pound and New Zealand dollar, which were both trading higher on the back of better-than-expected economic data. Trade headlines dominated North American trading, though much of investors’ attention was focused elsewhere on Thursday. In the latest developments surrounding the North American Free Trade…

What many people think they know about Adam Smith, the 18th century Scottish philosopher known as the father of economics, is often far off the mark. Contrary to his modern champions on the right and detractors on the left, Smith wasn’t an advocate of cold-blooded self-interest, said Jesse Norman, author of a new biography, “Adam…

The global growth expansion may have peaked as trade uncertainty and stalled wages tighten their grip on confidence, the Organization for Economic Cooperation and Development said Thursday. The OECD projected global growth to plateau at 3.7% in both 2018 and 2019, the group said in its latest interim outlook released Thursday. That’s slower than the…

The recreational use of marijuana is still illegal on the federal level. However, nine states and Washington, D.C., have legalized it, and dozens of states allow cannabis to be used for medical purposes. No one can predict the timing of landmark federal legislation, but it’s reasonable to expect that it will happen, given the public’s…

Sky’s fate is likely to be decided in a one-day auction between Comcast and 21st Century Fox. The UK Takeover Panel announced Thursday it would hold an auction for the European broadcaster on Saturday if there’s no resolution to the long-running takeover battle by close of business on Friday. Sky (SKYAY) has been the subject…

Do you want to encourage your employees to get healthier and lose weight? Try offering them cash prizes for taking part in a wellness program, with a combination of small and bigger awards. So say researchers at the University of Pennsylvania, who found that the right kind of “lottery” boosted long-term participation in a wellness…

I met my wife at camp in the summer of 1989, when I randomly put my head in her lap and asked for a kiss. Boy, did I get lucky. I got lucky because we are both frugal and didn’t even know it. We didn’t fill out a questionnaire on money habits before we kissed…