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Monthly Archives: August 2017

Bitcoin may just be a ‘dangerous pricing game’, says Aswath Damodaran

If bitcoin does not prove its worth as a usable currency, its massive price surge is a “dangerous” game, according to one respected finance professor. “If you don’t believe that bitcoin will ever acquire wide acceptance in transactions, it is time that you were honest with yourself and recognized that …

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Trump backs Cotton and Perdue’s bill to slash legal immigration

Carlos Barria | Reuters President Donald Trump speaks during an announcement on immigration reform accompanied by Senator Tom Cotton (R-AR) (L) and Senator David Perdue (R-GA) (R), in the Roosevelt Room of the White House in Washington, August 2, 2017. Trump contended the changes in the bill would mark “the …

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Turning Reality TV Trash Into Art

“We want to examine why people like us watch the show,” Ms. Niederhoffer said. “The things they put the women through are horrible, at times. It’s kind of nice to watch, in a perverse way.” Photo From left, Liz Zito, Artie Niederhoffer and Janie Korn chat during a preview of …

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What Amazon billionaire Jeff Bezos was doing in his 20s

Paul Souders | Getty Images Jeff Bezos, founder and Ceo of Amazon Fitel’s main goal was to create a global telecommunications network for trading firms, and Bezos started out debugging lines of code, Wired reports. He quickly rose through the ranks, eventually landing a role as the head of development …

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There is affordable health care available right now—just not in the US—commentary

Tim Johnson | MCT | Getty Images Americans began flocking to Lake Chapala, Mexico, more than five decades ago, attracted by great weather, cheap real estate and the quaint cobblestone streets of the town of Ajijic. As I write this, I’m sitting in a little village on the shores of …

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Grief’s 7 Stages Don’t Include Envy and Resentment

Photo Credit Heidi Younger This column is an edited excerpt from the July 29 “Dear Sugars” podcast, an advice program hosted by Steve Almond and Cheryl Strayed. The audio contains an extended conversation and more letters. If you’re reading this on a desktop, click the play button below to listen. …

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Apple just added a Ford. Stock up $48 billion in a single day

David Paul Morris | Bloomberg | Getty Images Tim Cook, chief executive officer of Apple speaking with dancer Maddie Ziegler during an Apple event in San Francisco. Apple, the world’s most valuable company, added more worth in one day than the market cap of nearly 400 individual companies in the …

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Here are the 10 most important stories for investors Wednesday Morning

Jonathan Alcorn | Bloomberg | Getty Images A ‘for sale’ signs stand outside a home in Arcadia, California. A daily morning look at the financial stories you need to know to start the day. STOCKS/ECONOMY -The Dow Industrials broke through the 22,000 mark soon after the open. More key earnings …

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Bank of England hike talk simmers down with concerns that inflation has peaked

Yuri Gripas | Reuters Bank of England Governor Mark Carney leaves after speaking at 2017 Institute of International Finance (IIF) policy summit in Washington, U.S., April 20, 2017. Summer data appear to have given doves a boost ahead of Thursday’s Bank of England (BOE) rate decision, with just 2.5 percent …

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A Graveyard? She’s Danced There. Just Check Instagram.

On the occasion of her book’s publication, she spoke about using her phone — and putting it down — to share her dancing with the world. These are edited excerpts from the conversation. Photo Ms. Grace, in Point Reyes Station, Calif., has written a book about her project, “A Sacred …

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