Federal agencies directed to hold off raises for top officials during shutdown
Federal agencies have been directed to hold off enacting pay raises for top administration officials that were reportedly set to go into effect on Saturday as 800,000 federal workers remained furloughed or were working without pay. Departments were told in a memo issued Friday from the acting director of the Office of Personnel Management to […]
Tesla Urges Tariff Exemption for Chinese-Made Car Computer ‘Brain’
WASHINGTON- Tesla Inc has asked the Trump administration to exempt the Chinese-made car computer “brain” of its new Model 3 sedan from 25 percent tariffs imposed in August, saying they threaten the electric carmaker’s bottom line. “Increased tariffs on this particular part cause economic harm to Tesla, through the increase of costs and impact to […]
It’s time to buy stocks again, these encouraging signs are telling strategists
Oppenheimer’s Wald: The worst of the selloff is behind the market And just like that, the bulls came charging back. All it took was one stellar economic data point to change the stock market’s mood and punt the indexes higher. But even before the robust jobs numbers exorcised the demons, strategists had started to predict […]
Crypto projects promise decentralisation — the data shows that’s far from true
Cryptocurrency projects trying to build decentralised networks are still controlled by a select few, new data suggests, calling into question their reason for using crypto technology to begin with. Across the top 50 cryptocurrencies by trading volume, an average of 78% of all coins are held by the top 20 wallets, according to analysis by […]
Stocks to watch: Eyes on Twenty-First Century Fox, INC. (FOX), The Home Depot, INC. (HD)
The last few days have been rough for Twenty-First Century Fox, Inc. (NASDAQ:FOX), as its price has decreased by -0.74% during the week. It has also performed better over the past three months, as it added around 2.17% while it has so far climbed around 33.43% during the course of a year. The price of […]
Stocks to watch: Eyes on TAL Education Group (TAL), Royal Caribbean Cruises LTD. (RCL)
The last few days have been rough for TAL Education Group (NYSE:TAL), as its price has decreased by -7.07% during the week. It has also performed poorly over the past three months, as it lost around -1% while it has so far retreated around -18.3% during the course of a year. The price of the […]