Month: July 2019

The Federal Reserve reduced interest rates for the first time since the financial crisis and hinted it may cut again this year to insulate the record-long U.S. economic expansion from slowing global growth. Central bankers voted, with two officials dissenting, to lower the target range for the benchmark rate by a quarter-percentage point to 2.00%-2.25%.
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Bitcoin wallet and blockchain explorer provider Blockchain just launched its first exchange platform. Blockchain’s head of retail products, TD Ameritrade alum Nicole Sherrod, told CoinDesk the custodial exchange, called the PIT, can connect to non-custodial Blockchain wallets for nearly instant transfers. Registration opens today, with the ability to trade up to 26 assets rolling out over
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Municipal advisors are pressing the Securities and Exchange Commission to provide them permission to participate in certain deals without risking enforcement action. The National Association of Municipal Advisors made the request in a letter to the SEC dated July 18. At issue is the sometimes thorny path MAs walk when negotiating or overseeing a request
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Today, Ripple is announcing the University Blockchain Research Initiative  (UBRI) has expanded its global presence to Japan, bringing on new partners including Kyoto University and the University of Tokyo. This global initiative now supports 33 university partners to further accelerate academic research, technical development and innovation in blockchain, crypto assets and digital payments. Ripple has
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Bitcoin (BTC) may have been on a superb run for much of 2019, but in July, the cryptocurrency has run into trouble as a range of factors contributes towards wild price fluctuations. The launch of Facebook’s Libra and the skepticism expressed about it by such powerful figures like the head of the Federal Reserve, Jerome
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Starbucks President and Chief Executive Officer Kevin Johnson is pictured at the Annual Meeting of Shareholders in Seattle, Washington on March 20, 2019. Jason Redmond | AFP | Getty Images “ Here are the biggest calls on Wall Street on Monday: J.P. Morgan downgraded Starbucks to ‘neutral’ from ‘overweight’ J.P. Morgan downgraded Starbucks mainly on
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