• Bitcoin, Gold and SPX Recover from COVID-19 shock, V-Bottom or Sham Bounce?
    - 1 hour ago
    Bitcoin has recovered nearly 90% from the COVID-19 drop from $7950. The drop to $3850 was quickly bought (in less than an hour) which showed the first signs of bottoming and presence of interested buyers. The price of Bitcoin [BTC] at 5: 30 hours UTC on 7th April is $$7280. BTC/USD 1-Day Chart on Coinbase […]
  • Half A Billion People Use Anonymity Tools
    - 3 hours ago
    Over the last few years, forms of anonymous browsing software, including proxies, have grown increasingly popular. A report by GlobalWebIndex indicates that as many as half a billion people are now using “anonymity tools” to mask their true location.   Q1 2020 hedge fund letters, conferences and more Proxies are harnessed for the following: To […]
  • Bitcoin Price Analysis: BTC Surges And Breaks Consolidation Pattern – Can We Hit $8K Next?
    - 6 hours ago
    Bitcoin increased by a total of 6% today as the cryptocurrency makes its way toward $7,200. The cryptocurrency has now broken above the previous period of consolidation as the buyers start to gain control. Bitcoin has now cleanly broken above the upper boundary of the previous ascending triangle pattern as it takes out the resistance […]
  • How New York City’s Emergency Ventilator Stockpile Ended Up on the Auction Block
    - 8 hours ago
    by Justin Elliott, Annie Waldman and Joshua Kaplan ProPublica is a nonprofit newsroom that investigates abuses of power. Sign up to receive our biggest stories as soon as they’re published. In July 2006, with an aggressive and novel strain of the flu circulating in Asia and the Middle East, New York City Mayor Michael Bloomberg […]
  • ER Staffing Company Reverses Benefits Cuts for Doctors and Nurses Fighting Coronavirus
    - 8 hours ago
    by Isaac Arnsdorf ProPublica is a nonprofit newsroom that investigates abuses of power. Sign up to receive our biggest stories as soon as they’re published. A major medical staffing company said it wouldn’t go through with cuts to doctors’ pay and benefits after ProPublica first reported the plans. Alteon Health, which employs more than 1,700 […]
  • Survey: 38 percent of U.S. workers have lost hours or jobs due to coronavirus
    - 9 hours ago
    (USA Features) A new survey found that a growing plurality of Americans have either lost their jobs over mandatory business closures due to the coronavirus outbreak or have had their work hours reduced.About two-thirds of Americans said that the crisis has not affected their employment status, while about a quarter have seen their hours reduced, […]
  • Cancer Surgeries and Organ Transplants Are Being Put Off for Coronavirus. Can They Wait?
    - 11 hours ago
    by Joanne Lipman for ProPublica ProPublica is a nonprofit newsroom that investigates abuses of power. Sign up to receive our biggest stories as soon as they’re published. San Francisco Bay Area surgeon Mary Cardoza is juggling multiple breast cancer patients. But she can’t operate on any of them. Breast cancer surgery, it turns out, is […]
  • Janet Yellen says “Shocking” Job Numbers To Get Worse
    - 11 hours ago
    *CNBC Transcript: Former Federal Reserve Chair Janet Yellen Speaks with CNBC’s “Squawk on the Street” Today on [coronavirus](https://www.valuewalk.com/china-coronavirus/)‘s effect on GDP and the employment rate.*WHEN: Today, Monday, April 6, 2020WHERE: CNBC’s “Squawk on the Street”Q1 2020 hedge fund letters, conferences and moreFormer Fed chair Janet Yellen On Coronavirus’s effect on GDP and the employment rateAll […]
  • Susan Tompor: 5 reasons you might not be happy about stimulus checks
    - 13 hours ago
    What’s not to like about a stimulus check?How can you grumble about $1,200 or more that could tide you over during the economic slump while the much of the country shuts down to engage in social distancing and combat the spread of the coronavirus?Maybe the stimulus money can help you buy groceries, pay for medicine, […]
  • Bitcoin (BTC) Breaks Above $7,000, And It Is Here To Stay; Analyst Explains
    - 15 hours ago
    It has been a roller-coaster ride for Bitcoin and crypto assets in the last few weeks. After peaking in February at $10,500, the coin fell to $3,800, and at spot rate, the coin has rallied over 60 percent to slightly above $7,000. BTC Price Fluctuation $7,000 is a level that is watched closely by chartists […]
  • The Navy Besmirches an Aircraft Carrier Commander Who Cared for his Crew (UPDATE)
    - 15 hours ago
    USS Theodore Roosevelt leads ships from the Strike Group during a during a photo exercise, March 15, 2020. (US Navy photo)And Now This: The Acting Secretary of the Navy Thomas Modly in remarks piped over the Theodore Roosevelt’s PA system blasted the now ousted commander of the aircraft carrier – now reported to have tested […]
  • Bitcoin’s Equilibrium Price Is $9,000; Analyst Explains How!
    - 17 hours ago
    A renowned Bitcoin analyst is of the view that the coin’s equilibrium price is $9,000 and the current trend following the asset’s consolidation between $5,700 and $7,100 is bullish. This is according to data drawn from leading and approved exchanges. In his view, and concluding from market data, he observes that BTC is currently undervalued by […]
  • Trump and the coronavirus (Mike Peters Guest Cartoon)
    - 17 hours ago
    OF RELATED INTEREST: –The U.S. was beset by denial and dysfunction as the coronavirus raged –Editorial: It’s time for the networks to stop live broadcast of Trump’s briefings –Everyone and everything Trump has blamed for his coronavirus response –Link to Google page with stories on Trump blaming others Mike Peters is recognized as one of […]
  • State of emergency a heavy blow to consumption, production in Japan
    - 20 hours ago
    The coronavirus-necessitated state of emergency to be declared by Prime Minister Shinzo Abe later Tuesday across some of the most densely populated parts of Japan is expected to deal a heavy blow to consumer spending and manufacturing activities, economists warn.Local authorities in Tokyo as well as Saitama, Kanagawa, Chiba, Osaka, Hyogo and Fukuoka prefectures are […]
  • Two Thirds Of Job Loss Come From Hospitality Industry
    - 21 hours ago
    On Friday, the U.S. Dept. of Labor’s Bureau of Labor Statistics (BLS) reported that two-thirds of jobs lost in March came from hospitality — and more than half were food and beverage jobs. BLS also noted that the drop nearly wiped out all the gains in the restaurant business from the past two years.  Formed […]
  • Bitcoin On-Chain Analysis: Sell Pressure from this Major Entity Neglected, says Willy Woo
    - 23 hours ago
    Bitcoin [BTC] has been exhibiting a lot of volatility in the last few days with no clear direction in price. The investors are torn between the pressures arising due to COVID-19 and the bulls looking to long the halving narrative. Halving will not only reduce the rate of supply of Bitcoin but also affect the […]
  • Ethereum Founder, Vitalik, Explains To Critics Why Eth 2.0 Will Be A “Deflationary Currency”
    - 1 day ago
    Ethereum founder, Vitalik Buterin hit back at proof-of-stake (PoS) critics as the development of Ethereum 2.0 is questioned on its ability as a deflationary currency. The world has been awaiting the launch of ETH 2.0, a planned update on the Ethereum blockchain, which will switch the chain from a proof-of-work (PoW) consensus system to a […]
  • Who Has Emergency Authority Over Elections? Nobody’s Quite Sure.
    - 1 day ago
    by Jessica Huseman ProPublica is a nonprofit newsroom that investigates abuses of power. Sign up to receive our biggest stories as soon as they’re published. In each of the past seven years, Massachusetts Secretary of State William Galvin has sought authority to revamp or reschedule elections in case of emergency. Every time, the legislature has […]
  • The narrative that we use to make sense of stock prices is changing
    - 1 day ago
    Robert Shiller recently offered comments about the factors affecting stock prices that we have seen in response to the spreading of the coronavirus pandemic. He said: “I call this a co-epidemic: One is the coronavirus, and the other is like a narrative epidemic, about our confidence and outlook for the economy. That’s a new one, […]
  • Stock markets rebound on easing virus crisis but oil dips
    - 1 day ago
    London (AFP) – Asian and European equity markets rebounded Monday as some of the world’s worst-hit countries reported falling death rates, providing much-needed hope in the battle against coronavirus, but oil prices sank after a meeting of top producers was delayed.While deadly COVID-19 continues its deadly sweep across the planet, with more than 1.25 million […]
  • Gold in “Wait and See Mode” as Traders Await More News
    - 1 day ago
    Investing.com -By Gina LeeInvesting.com – Gold prices were little changed on Monday morning as traders remained cautious amid the continuous economic turmoil.Gold Futures was up by 0.04% at $1,646.3 by 9:26 PM ET (2:26 AM GMT).Three Swiss refineries in Ticino, Europe’s biggest gold refiner, announced yesterday that they received permission to run their factories on […]
  • Government secrecy is growing during the coronavirus pandemic
    - 1 day ago
    Chicago Mayor Lori Lightfoot’s administration said it would reject all freedom of information requests — and then reversed itself after public outcry.AP/Teresa CrawfordStudents at the University of Florida who want to know how they are being protected from the COVID-19 pandemic can’t find out.The university is hiding its emergency response planunder a legal loophole intended […]
  • Remote work amid the coronavirus pandemic: 3 solutions
    - 1 day ago
    Remote work can be a difficult adjustment for teams accustomed to working in an office setting. Here are some tips. (Charles Deluvio/Unsplash) As part of the fight against COVID-19, Canada is urging “employees at all work sites … to work remotely whenever and wherever possible.” Although we might find comfort in thinking switching between office […]
  • An Overview of The Modern Day Crypto Exchanges
    - 1 day ago
    The growing popularity of cryptocurrencies inevitably sparked a new market for these digital assets. As a result, the past few years have been particularly active for innovators within the crypto trading space. Today, there are over 100 crypto exchanges globally with some notable mentions being Binance, OKEX, Huobi, and AAX. This number is on an […]
  • Pentagon To Provide 100,000 Military-Style Body Bags As COVID-19 Pandemic Worsens
    - 1 day ago
    The Pentagon confirmed Monday that it would provide around 100,000 military-style body bags for use by civilians as the United States grapples with the coronavirus (COVID-19) pandemic. The Federal Emergency Management Agency (FEMA) made the request to the U.S. Department of Defense (DOD) as officials reported that the death toll is expected snowball in the […]
  • Coronavirus crisis poses risks and opportunities for unions
    - 1 day ago
    Two health-care workers arrive at a walk-in COVID-19 test clinic in Montréal on March 23, 2020. Unionized nurses are among those on the front lines of the coronavirus pandemic. THE CANADIAN PRESS/Paul Chiasson The COVID-19 pandemic and its economic fallout pose serious challenges for Canada’s workers. Naomi Klein’s 2007 bestseller, The Shock Doctrine, documented how […]
  • After Jerry Falwell Jr. Orders Liberty University To Reopen, 12 Students Fall Sick With COVID-19 Symptoms
    - 1 day ago
    Symptoms of coronavirus (COVID-19) have been seen in a dozen students after Liberty University president Jerry Falwell Jr. ordered staff to return to school last week.Falwell has mandated that the full-staff return despite a massive online learning operation. Students were allowed to make their own choice about whether to return to school. Since the order, 1900 […]
  • Bitcoin Price Analysis: BTC Continues To Struggle At $7,000 – When Will We Break Above Here?
    - 1 day ago
    Bitcoin fell by a total of 1.30% today as it currently trades at $6,789. The cryptocurrency managed to poke itself above the upper boundary of the consolidation pattern but failed to close anywhere near the crucial $7,000 level. Bitcoin managed to break above the upper boundary of the ascending triangle that we have been following […]
  • Census undercounts are normal, but demographers worry this year could be worse
    - 1 day ago
    Census Campaign executive director Victoria Kovari looks over a Detroit map showing city neighborhoods that were undercounted in the 2010 census.AP Photo/Corey WilliamsEditor’s note: Researchers have long known that certain groups are vulnerable to being undercountedin the decennial census. But the 2020 census has raised a new set of concernsaround hard-to-count populations and general confusion […]