Month: February 2019

Anchor, a New Financial Standard and Monetary System for Preserving and Enhancing the Value of Investor Holdings Anchor is a two-token stable currency system pegged to a financial index that safeguards investments against economic volatility, inflation and market speculation. Anchor AG, a financial services holding company, introduces Anchor, a dual-token stable currency that is pegged
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U.S. factory production unexpectedly contracted in January, shrinking the most in eight months on weakness in the automotive sector and indicating a weak start to the year as headwinds including a trade war with China weighed on factories. Manufacturing output fell 0.9% after a downwardly revised 0.8% increase in the prior month, Federal Reserve data
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An influx of young investors are leading a charge of socially responsible and sustainable investing, funneling their money into investments and projects that serve the greater good. In financial circles, socially responsible investments (SRI) and funds geared toward environmentally, socially and governance-friendly (ESG) projects have grown in popularity with millennial investors. Those activities include avoiding
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Christopher Brookins is the founder of Pugilist Ventures, a quantitative crypto fund founded out of Carnegie Mellon. ———— In 2018, the ethereum network has been hobbled by delayed protocol upgrades, ICO boom hangover and the overall crypto winter. However, several fundamental indicators, which, in theory, should be indicative of positive price momentum, are pointing to
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Check out the companies making headlines midday Friday: XPO Logistics – XPO stock tanked a whopping 17 percent after the transportation company reported disappointing fourth-quarter results. Its earnings came in eight cents shy of estimates with adjusted quarterly profit of 72 cents per share, and the company’s revenue also fell short of expectations. XPO also
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Canada’s largest crypto exchange Coinsquare has acquired the StellarX DEX according to a press release published yesterday. Under the terms of the agreement, StellarX will become a fully-owned subsidiary of Coinsquare and will now need regulatory approval to operate its service under the Coinsquare umbrella. Coinsquare Acquires StellarX Based in Bermuda, StellarX describes itself as “the first decentralized crypto platform
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Developers and speculators — who bought property on the promise of Amazon‘s planned New York City headquarters — are “freaking out,” now that the e-commerce giant pulled out of the deal due to local opposition, luxury real estate agent Ryan Serhant told CNBC on Friday. “Was I dumbfounded that New York politicians were going to
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New Jersey Transit agreed to make back payments to Amtrak in a settlement both sides say will pave the way for infrastructure improvements. NJ Transit executive director Kevin Corbett and New Jersey Gov. Phil Murphy announced Wednesday a $182 million financial settlement for back payments it owes to Amtrak under the 2008 Passenger Rail Investment
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PepsiCo will report fourth-quarter earnings before the bell Friday. Here’s what Wall Street is expecting, according to a survey of analysts by Refinitiv: Earnings: $1.49 per share Revenue: $19.52 billion Shares of rival Coca-Cola fell Thursday after the company gave weaker-than-expected earnings outlook for 2019, citing headwinds from currency, Fed rate hikes and changing tax
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CHICAGO — Illinois could balance its books and begin tackling a $7 billion unpaid bill backlog and $133.7 billion pension burden through a combination of belt tightening, new taxes, and supplemental pension contributions. That’s the recommendation from the Civic Federation of Chicago’s Institute for Illinois’ Fiscal Sustainability, which annually offers advice to state leaders for
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