All Posts by: btctipme

Antonio Brown Fired by an Owner Charged with Sex Crimes – CCN.com
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Antonio Brown Fired by an Owner Charged with Sex Crimes – CCN.com

Antonio Brown is a handful. Nobody is denying that. He’s potentially much more than that. Fresh off sexual assault allegations, the New England Patriots released the contentious wide receiver this morning. They released a statement saying: “The New England Patriots are releasing Antonio Brown. We appreciate the hard work of many people over the last…

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Forget the IPO. WeWork Threatens the Entire Economy – CCN.com
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Forget the IPO. WeWork Threatens the Entire Economy – CCN.com

On Friday, Boston Federal Reserve Bank President Eric Rosengren delivered a speech in which he pointed out a threat from co-working business models that few people had even considered (including myself). Rosengren dropped a bomb by saying business models similar to WeWork’s could threaten the overall economy. He mentioned several elements of the co-working business model…

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Netflix Bloodbath: Why NFLX’s Market Cap Plunged $12 Billion in 3 Days – CCN.com
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Netflix Bloodbath: Why NFLX’s Market Cap Plunged $12 Billion in 3 Days – CCN.com

Netflix (NLFX) stock plunged by more than 6 percent within hours after the U.S. stock market opened, wiping out $12 billion from the market capitalization of the company in merely three days. Netflix stock is down substantially f.rom its record high, demonstrating a poor year-to-date growth. | Source: Yahoo FinanceThe major factors behind the steep…

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Facebook Kisses up to Banks as Pushback Threatens Libra Crypto – CCN.com
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Facebook Kisses up to Banks as Pushback Threatens Libra Crypto – CCN.com

The conspicuous absence of even a single bank as a founding member of Facebook’s cryptocurrency project was never “intentional,” according to the co-creator of  Libra, David Marcus. Facebook, he said, would love to have banks involved. No banks in Libra Association? No worries In an interview with Swiss newspaper Neue Zurcher Zeitung, Marcus revealed that…

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U.S. Treasury Yields Plunge This Week as Volatility Returns – CCN.com
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U.S. Treasury Yields Plunge This Week as Volatility Returns – CCN.com

U.S. government debt yields declined on Friday, extending their weeklong slide as investors continued to assess monetary policy and upcoming trade talks between Washington and Beijing. Treasury Yields Fall The price of U.S. government bonds rose Friday, pushing yields down. The yield on the benchmark 10-year U.S. Treasury reached a session low of 1.73%, having…

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Billionaire Howard Marks Reveals When You Need to Fear a Recession – CCN.com
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Billionaire Howard Marks Reveals When You Need to Fear a Recession – CCN.com

The U.S. stock market is near record highs, and the labor market has been growing steadily, courtesy of stable economic readings throughout 2019. However, the good times can’t last forever, and billionaire investor Howard Marks at Oaktree Capital warns that a recession will eventually arrive. The question is: When? Speaking in a CNBC interview, Marks…

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