The software industry is a global sector that is valued at approximately $350 billion. Within the past two decades, the software business has grown exponentially and is involved in various fields, such as networks, database management, network application and office data. Since … [Read more...]
Fed Chair: ‘We have further to go to achieve a healthy economy’
How much longer will it take for the United States economy to fully recover from the financial crisis that occurred a few years ago? Well, there is no timeframe, but the U.S. central bank head said there is still a long way to go. The text of Federal Reserve Chair Janet Yellen’s … [Read more...]
Jim Rogers: Time to buy gold will happen within two years
Since the beginning of the year, gold has made some gains and is presently trading at around the $1,300 mark. The big financial institutions project the yellow metal to fall this year to near $1,000, while some contrarian investors say gold will rise substantially in the next few … [Read more...]
Apple Inc. (AAPL) also invests in graphene patents, but more slowly
Nathan Bedford Forrest, the gaunt, fierce, bearded cavalry general known as "Devil Forrest" during the American Civil War, is said to have summed up his successful cavalry tactics as, "I got there first with most men," often rendered more colorfully as "I got there firstest with the … [Read more...]
Glenn Beck hosts bitcoin discussion panel
We reported last week that conservative radio talk show host Glenn Beck said he would "absolutely invest in bitcoin." Although he has made some mistakes in fully understanding the peer-to-peer decentralized virtual currency, Beck seems quite interested in learning more about … [Read more...]
Timothy Geithner says U.S. should have responded quicker to financial crisis
Former United States Treasury Secretary Timothy Geithner made an appearance on MSNBC’s "Morning Joe" on Wednesday to discuss the economic crisis and the Great Recession that transpired during his time in the Obama administration. Geithner, who is now the president of private equity … [Read more...]
Top Connecticut banking regulator says consumers must be aware of bitcoin risks
The state of Connecticut has become the latest U.S. state to issue a consumer alert warning about the risks posed by the peer-to-peer decentralized virtual currency bitcoin. According to a press release Monday, the Connecticut Department of Banking posted an investor advisory … [Read more...]
Growing number of Americans think their standard of living will diminish in retirement
Since the Great Recession, older American workers’ savings, investment and retirement accounts were seriously depleted as they became worthless and households had to dip into these funds to cover their bills. What about younger Americans and their retirement in the next few decades? … [Read more...]
Congressman Jared Polis political campaign receives $1,500 worth of bitcoin
This month, the Federal Election Commission (FEC) voted in favor of permitting political campaigns to incorporate bitcoin into their fundraising initiatives. Several political incumbents and hopefuls took advantage of this and immediately announced that they would be accepting the … [Read more...]
Report: Global auto industry to expand over next seven years
Over the course of the next seven years, the international automotive industry is projected to expand as production will increase by 21 million units to 106 million units each year. As the industry continues to recover from the global financial downturn a few years ago, China will … [Read more...]
Bank of Canada, bitcoin could disrupt global financial stability
Earlier this month, we reported that the Bank of Canada essentially dismissed bitcoin as it explained that it was unconcerned about the growing popularity of the digital currency. It said that it would monitor and assess it and that’s all the action it would take at this present … [Read more...]
300 complaints filed with Federal Trade Commission against Butterfly Labs
For more than a year, the Federal Trade Commission (FTC) received hundreds of complaints regarding the peer-to-peer decentralized digital currency bitcoin and one business that dealt with the virtual currency. Perhaps this will be the final instance that will initiate the federal … [Read more...]
Apple Inc. (AAPL) granted patent for unusual sidewall displays
The United States Patent and Trademark Office (USPTO) publishes newly granted patents every Tuesday morning, and today, among other patents granted to Apple Inc. (NASDAQ:AAPL) was one for an intriguing arrangements of sidewall displays. This patent envisions a wraparound, flexible … [Read more...]
Poland expected to get Europe’s first Bitcoin Embassy
A Bitcoin Embassy – or center – coming to a location near you? It has been reported that Europe will be receiving one of its very first bitcoin embassies on Monday in Warsaw, Poland. Experts say that this is a sign that the bitcoin community and the peer-to-peer decentralized … [Read more...]
USPS ends second quarter with net loss of $1.9 billion
The United States Postal Service (USPS) recorded a second quarter net loss of $1.9 billion, which is now the 20th of the past 22 quarters that the nation’s postal service has reported a loss, according to an issued press release. The USPS’s fiscal second quarter loss was higher … [Read more...]
Bitcoin community upset over political lobbying in Washington
Political lobbying in the United States has become a common practice for most industries and corporations these days. In fact, if you’re a private firm that doesn't lobby Republican and Democratic lawmakers then you face the potential scorn of public officials a la Microsoft during … [Read more...]
Global warming will create higher costs at grocery stores
According to a new White House National Climate Assessment report, the United States is already experiencing the effects of global warming (or climate change). Financial experts say that the change is climate is causing more than environmental threats, but also a risk to your … [Read more...]
Swedish Bitcoin expert says terrorists wouldn’t use virtual currency
It was discovered this month that the United States Department of Defense’s Combatting Terrorism Technical Support Office (CTTSO) will soon be launching a program to study the peer-to-peer decentralized currency bitcoin in order to assist the military in its quest to enhance national … [Read more...]
Federal Reserve weighs in on minimum wage debate, warns of job losses
This week, the minimum wage debate was been kicked in to overdrive after fast-food workers across the country began protests and former Massachusetts Republican Governor Mitt Romney argued in favor of increasing the minimum wage. After months of policy debates and reports, will the … [Read more...]
FEC unanimously votes to allow political committees to accept bitcoins
About one month after the Federal Election Commission (FEC) said it would delay any vote on approving bitcoin as part of a campaign fundraising method for political campaign, the elections panel has now overwhelmingly voted in favor of permitting political committees to accept … [Read more...]
