Digital media bundling: Like Twitter, but with a subscription. Here’s how it could work
It’s a dark time for online publishers. This week alone, hundreds of journalists and other employees were laid off by BuzzFeed, Verizon Media Group (which includes HuffPo and Yahoo) and Vice Media. The perils of digital media are well documented....
Charities who backed workers affected by shutdown are now stepping up to fight inequality
For the 35 long days when the government was shutdown, as 800,000 federal workers went without pay, many struggled to stay afloat and feed their families, uncertain when they would find economic stability. “It’s a little embarrassing,” one woman...
Former Obama economic advisor: Here’s why Howard Schultz is wrong on debt
This week, ex-Starbucks CEO Howard Schultz announced a potential Presidential run as an independent candidate during an interview on CBS. Frustrations with both parties’ handling of the nation’s finances, particularly the high levels of debt are part of his reasoning...
Dollar Down But Not Out after Fed, Oil Lifted Canadian, Iron Ore Boosted Australian
Fed’s dovish turn occupied a lot of head lines last week. Stocks were lifted while Dollar was pressured. However, the moves were not as drastic as they could seem to be. There was no upside acceleration in stocks. Treasury yield...
China Weekly Letter: On Track for a Trade Deal, First Signs of a Bottom in Growth
Top-level trade talks end on a positive note – a deal is in sight as soon as March Charges against Huawei underline tensions in tech war – how far will the US go? Chinese PMI points to weakness – but...
Weekly Economic and Financial Commentary: Growth Set to Moderate, Yet Continue
U.S. Review Growth Set to Moderate, Yet Continue With the government doors having re-opened on Monday, a more patient stance from the Fed and the 100th consecutive month of employment gains, developments have provided some comfort to fears of an...
The Weekly Bottom Line: The Fed’s Rate Hikes: A Pause or A Stop?
U.S. Highlights Financial markets extended their gains this week. The re-opening of the U.S. government, the dovish FOMC statement, progress in the U.S.-China trade talks and a strong January payroll report all helped to boost sentiment. Global growth concerns persisted...
Week Ahead: Handful of Macro Events But Potential for Sell-off in Stocks
Key highlights China out for the whole week in observance of the spring festival Notable absence of US macro pointers RBA and BOE both almost certain to hold their policies unchanged EU and US company earnings coming in thick and...
Soft Dollar and Strong Stock Market Supported by Dovish Fed and Strong US Economic Data
Commodity currencies outperformed against the US dollar after the Fed clearly signaled that rates are going nowhere anytime soon, also shrugging off a very strong nonfarm payroll number. Strong corporate earnings and no major hiccups with trade talks also helped...
Draft Kings, casinos gear up for Super Bowl sports betting debut
DraftKings expects to see a record volume of bets for Sunday’s Super Bowl LIII, now that sports betting is legal in eight states, Jason Robins, CEO of the fantasy sports platform, told CNBC. “Not surprisingly, it’s the biggest day of...
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