Bitcoin has soared this year as rumors spread that some of the world’s biggest technology companies, including Apple, Samsung, Facebook, and Twitter, are taking an interest in cryptocurrencies. The bitcoin price jumped around 200% over the first six months of the year largely due to social media giant Facebook’s now fading plans to launch its
S&P Global Ratings cut WeWork’s credit rating deeper into junk territory amid apprehensions it won’t be able to meet its growth plans. The credit rating agency on Thursday lowered WeWork’s rating one notch to B- and assigned a negative outlook, saying “heightened risk of recession” could impact its liquidity position
Lending standards in the rapidly growing loan market are perishing and complex financial products that mask risks to banks have parallels with the run-up to the 2008 financial crisis, the Bank for International Settlements warned on Sunday. The number of collateralized loan obligations (CLOs), a form of securitization which pools
In the latest legislative session, Olympia authorized cities and county lawmakers to capture a part of already-collected sales tax and keep it. To put toward reasonably priced housing initiatives, lawmakers said, whether those be constructing new housing or contributing to efforts to protect affordable housing that’s already out there. The
On Monday, Jim Cramer revealed ‘quick and dirty’ tricks that investors may use for assessing enterprise software stocks like a Wall Street expert. In recent weeks because of the rotation from secular to cyclical investments high-flying cloud equities have taken double-digit. Thus, the ‘Mad Money’ host warned that it’s time
Mel Biado loves surfing with dolphins, teaching Japanese, helping kids conquer math and assisting the Boy Scouts as a merit badge counselor. But when he’s not doing all that or working his day job in the financial services industry, he’s teaching an online money management class geared to tweens and
Regrets-Everyone’s got ‘em but some have more than others, especially when it comes to their finances. A new survey by Student Loan Hero reveals that 83% of Americans (up 7% from last year’s survey) wished they’d utilized their money differently in 2018. Top Complaints: not saving enough and conspicuous consumption.
Aurora Cannabis Inc. (the “Company” or “Aurora“) (NYSE | TSX: ACB), the company defining the future of cannabis worldwide, announced today its financial and operational results for the fourth quarter and fiscal year ended June 30, 2019 . “In 2019 Aurora took its place as the global leader in cannabis