Facebook forming a new blockchain group, headed by Coinbase board member
David Marcus, Facebook’s head of Messenger, is going to head up a new group focused on the blockchain technology that underlies bitcoin. “I’m setting up a small group to explore how to best leverage Blockchain across Facebook, starting from scratch,”...
Argentina’s peso bounces on report country is negotiating IMF loan
Argentina’s peso rebounded from a record low against the U.S. dollar on Tuesday following a report the Latin American nation could get a credit line from the International Monetary Fund. Bloomberg News reported that Latin America’s third-largest economy could get...
Ex-Trump advisor Gary Cohn: We need to do ‘tax cut 2.0’ and make personal reductions permanent
Gary Cohn, the former head of the National Economic Council and key advisor to President Donald Trump, said personal tax cuts need to be made permanent. In his first interview since exiting the White House, Cohn said that is the...
Job openings hit record high of 6.6 million
Job openings hit a fresh record in March, further defying opinion that the labor market is tightening and near full. The level hit 6.6 million, according to the Job Openings and Labor Turnover Survey released Tuesday. Even though JOLTS figures...
Tyler Winklevoss tells Bill Gates how to short bitcoin
Early bitcoin investor Tyler Winklevoss tweeted back at Bill Gates to explain how to bet against the cryptocurrency, after the Microsoft co-founder said he would short it if he could. “Dear @BillGates there is an easy way to short bitcoin,”...
Swiss Franc and Yen Surge as Markets Preparing for Risk Aversion ahead of Trump’s Iran Deal Decision
The strong rally in both Swiss Franc and Japanese Yen, together with selloff in commodity currencies, argue that forex traders are preparing themselves for some risk aversion. US President Donald Trump’s decision on Iran deal today should be the key...
Jamie Dimon: Economy is ‘strong’ but odds for another recession are ‘100 percent’
J.P. Morgan Chase Chairman and CEO Jamie Dimon thinks the U.S. economy is doing well for now. “America looks pretty good. … It looks like this [economic growth] may have legs to go. Maybe a year, maybe two, maybe more,”...
Alibaba expands South Asia footprint, snapping up Pakistani online retailer Daraz
Alibaba has bought Pakistani e-commerce firm Daraz, as the Chinese tech giant looks to increase its presence in South Asia. Financial details of the transaction, which was announced on Tuesday, were undisclosed. Daraz, founded in 2012, is backed by European...
Fed’s Powell: Rate hikes should not upend the global economy
Moves by the Fed and other major central banks to raise interest rates after a long period of keeping them low should not be disruptive to the global economy, Federal Reserve Chairman Jerome Powell said Tuesday. In remarks prepared for...
Financial tech firm iZettle says it plans to list on the Nasdaq Stockholm stock exchange this year
Swedish payment start-up iZettle announced it will go public this year. The financial technology firm said Tuesday that it plans to raise 2 billion Swedish krona ($226 million) through an initial public offering on the Nasdaq in Stockholm. The company...
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Trading education
Introduction to Basic Trendline AnalysisIn this series we will piece together the anatomy of a swing trade and discuss ... 
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