Starbucks to Give Workers Raises, Stock Bonuses, Sick Leave Due to Republican Tax Law
Information Liberation | Starbucks announced Wednesday they’re planning to give many of their workers raises.
Tag: Money Watch
New global gold standard in kilobar may soon be coming
RT | The World Gold Council (WGC) is considering a global standard for 1 kilogram gold bars so they could be used as collateral in futures markets and potentially encourage demand.
US Fed will kill bitcoin eventually, investor warns
RT | Bitcoin will not be part of US monetary policy, so the Federal Reserve will crack down on it, portfolio manager Steve Chiavarone warns.
Dollar Tumbles After Mnuchin Endorses Weaker Currency, Ross Speaks Of Trade Wars
Zero Hedge | US Treasury Secretary Steven Mnuchin “broke with tradition” of supporting the US currency, and said that he endorsed the dollar’s decline as a benefit to the U.S. economy.
Globalisation is losing its lustre, India’s Modi tells Davos summit
Reuters | Protectionism is gaining ground and globalisation is losing its appeal, but India is open for business, Indian Prime Minister Narendra Modi told the World Economic Forum on Tuesday.
Trace Mayer: Bitcoin “Is A Geopolitical Weapon… Can Become Reserve Asset”
Valentin Schmid | Early bitcoin investor makes the case for reserve currency status.
How world’s 42 richest people are worth the same as poorest 50% combined
Daily Mail | The world’s 42 richest people have as much wealth as the bottom half of its population, an Oxfam report claims.
History In The Making: Amazon’s First Fully-Automated Grocery Store Opens To The Public
Zero Hedge | The store will feature cashier-free checkouts, allowing customers who install the “Amazon Go” app to simply pick up an item and walk out with it.
‘We loot or we die of hunger’: food shortages fuel unrest in Venezuela
The Guardian | As the country’s economic problems mount, towns and cities have been hit by an outbreak of looting and violence.
Visa may be waging war against bitcoin by rejecting it as currency
RT | The largest cryptocurrency, bitcoin, is a commodity and not a payment system, according to Visa’s chief executive. Visa will also not give bitcoin or other cryptocurrencies a platform for wire transfers and exchanges.
Bitcoin is a ‘Project of US Intelligence,’ Kaspersky Lab Co-Founder Claims
Sputnik | Natalya Kaspersky claimed that Bitcoin was designed to provide financing for US and British intelligence activities around the world. The expert called the cryptocurrency “dollar 2.0.”
Apple to Pay $38 Billion in Taxes on Cash Overseas, Build New U.S. Campus
Wall St Journal | Apple recently said it had $252 billion in cash or cash equivalents abroad.
“Go Piss Off” – Brawl Breaks Out On CNBC Over Bitcoin
Zero Hedge | What started off as a (somewhat) polite argument devolved in just over a minute into a screaming fest.
Cryptocurrency prices steady with ripple bouncing back 30% after ‘severe’ sell-off
CNBC | Bitcoin and ethereum — the first and second largest virtual currencies by market value — appeared to stabilize after Wednesday’s lows.
Cryptocurrency prices steady with ripple bouncing back 30% after ‘severe’ sell-off
CNBC | Bitcoin and ethereum — the first and second largest virtual currencies by market value — appeared to stabilize after Wednesday’s lows.