Buck Bully
[Bitcoinist] Bitcoin fell 4.30 percent as US oil futures slipped below zero for the first time. The cryptocurrency does not correlate with the black gold, albeit it remains under the influence of equities. Its crash Monday has not deterred bulls from the market – yet. Bitcoin was in for a […]
[CNBC, GETTY IMAGES] KEY POINTS The first two episodes of ESPN’s “The Last Dance,” chronicling Michael Jordan’s final season with the Chicago Bulls, drew an average of 6.1 million people on ESPN and ESPN2. The series was ESPN’s most watched documentary ever and most watched program since college football’s national […]
[Cointelegraph] A cryptocurrency staking app which offers 1.5% daily returns might be a Ponzi scheme related to one that exit-scammed two years ago. A cryptocurrency staking wallet that offers users as much as 1.5% daily returns is bearing striking resemblance to a Ponzi scheme. That’s according to a Medium article published on […]
[MarketWatch, Getty Images] To conserve cash, some employers are suspending contributions to their workers’ 401(k) accounts. And if this downturn plays out like previous recessions, more will follow. The handful of employers announcing suspensions in recent weeks include travel companies and retailers hit first and hardest by shrinking consumer demand, […]
[ESPN] Iconic bat maker Louisville Slugger has temporarily closed its factory and furloughed the majority of its workforce because of coronavirus shutdowns. “We’re not doing any advertising. We’ve cut all our expenses we can. We’re just hoping we get back to normal before we run out of cash,” CEO John Hillerich […]
[MONEY, GETTY IMAGES] Is the check in the mail? For many people receiving paper stimulus checks, the answer is: no, not yet. While tens of millions of taxpayers have already received $1,200 coronavirus stimulus payments, as part of the $2 trillion CARES Act, most of this coronavirus relief money so far has […]
[FORBES, GETTY IMAGES] Over 80 million taxpayers have already received stimulus checks, however, it could be months before all stimulus checks have been issued. In the meantime, millions of Americans are out of work and there is no definitive timeline for businesses to reopen and the economy to get back on […]
New York (CNN Business) The American oil industry is facing a doomsday scenario. The coronavirus pandemic has caused oil demand to drop so rapidly that the world is running out of room to store barrels. At the same time, Russia and Saudi Arabia flooded the world with excess supply. That double black […]
[MarketWatch] The housing sector is going through a major upheaval because of the coronavirus, but that won’t necessarily translate to lower mortgage rates. Mortgage rates remained near another record low for the third straight week. If a new low comes, it may not be because the U.S. housing market is […]
[MarketWatch] The four largest U.S. banks posted profits in the first quarter, even though they set aside billions of dollars for expected loan losses. Some analysts referred to the hit on earnings as “noise” because the banks simply moved money from one bucket to another. Chris Kotowski, a bank analyst […]