Proof Of Stake Vs Proof Of Work
A look at cryptos two different proofs… stake and work.
Cramer’s lightning round: I’m on board with Douglas Elliman
Loading chart… Bluelinx Holdings Inc: “I think this stock completely anticipated that [interest] rates would be increasing, and so therefore I would actually be a buyer, not a seller of that stock.” Loading chart… DigitalOcean Holdings Inc: “We’re not recommending companies that aren’t making money. We just don’t think that they are conducive at all…
Stock futures are flat following a 2-day losing streak for the major averages
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, April 6, 2022. Brendan McDermid | Reuters Stock futures were flat in overnight trading Wednesday after a two-day losing streak for the major averages as investors digested the Federal Reserve’s plans to tighten monetary policy. Futures on the Dow Jones…
Jack Dorsey regrets that he’s ‘partially to blame’ for the state of the internet today
Jack Dorsey says he has regrets about the social media giant he co-founded. Dorsey, who announced plans to leave Twitter in November, recently tweeted that he feels guilty about the role the company has played in creating a centralized internet, where a small handful of companies and platforms claim an outsized proportion of users and…
This crypto fund has outperformed bitcoin for the last five years. Here’s how
A visual representation of Bitcoin. Edward Smith | Getty Images In a space filled with venture investors and traders, a blockchain fund run by value managers thinks it can give investors greater returns than bitcoin itself. Bitcoin has been called the best performing asset of the decade by some. Off the Chain Capital, a fund…
Majority of crypto investors still aren’t ready to file their taxes, survey finds
George | Moment | Getty Images As the April 18 tax deadline approaches, most cryptocurrency investors still aren’t prepared to file, according to a survey from CoinTracker, a crypto portfolio tracking and tax software company. As of March 27, some 96% of digital currency investors hadn’t submitted their returns, the findings show, and 75% aren’t…
‘It’s a lifelong experience.’ Governors say financial education should extend beyond school years
Student Olivia Raymond participates in a personal finance course in her middle school class in West Orange, New Jersey, in February 2020. CNBC Pursuing financial literacy is something that should continue beyond traditional school years, according to several state governors. “We think it’s a lifelong experience,” New Jersey Gov. Phil Murphy told CNBC’s Sharon Epperson…
Walgreens expands its medical-care offerings in major California markets
In this article WBA Walgreens is opening more Health Corner locations through a deal with Blue Shield of California. At the dedicated spaces, it can provide medical care that’s billed to the insurer. Blue Shield of California At Walgreens stores in California, the drugstore chain is previewing how it plans to become a place where…
Fed officials plan to shrink the balance sheet by $95 billion a month, meeting minutes indicate
Federal Reserve officials discussed how they want to reduce their trillions in bond holdings at their March meeting, with a consensus amount around $95 billion, minutes released Wednesday showed. Officials “generally agreed” that a limit of $60 billion in Treasurys and $35 billion in mortgage-backed securities would be allowed to roll off, phased in over…
The SEC wants to regulate an obscure product known as a swap execution facility. Here’s why
SEC chairman Gary Gensler testifies before a Senate Banking, Housing, and Urban Affairs Committee hearing on Sept. 14, 2021 in Washington. Evelyn Hockstein-Pool/Getty Images The Securities and Exchange Commission has voted unanimously to propose a rule for the registration and regulation of security-based swap execution facilities. A swap execution facility, or SEF, is an electronic…
52% of women, ages 50 and up, say the economy isn’t working well for them. What that means for midterm elections
Supporters of former President Donald Trump and then-candidate President Joe Biden talk before a March 7, 2020 rally at the National World War I Museum and Memorial in Kansas City, Missouri. Kyle Rivas | Getty Images Women ages 50 and over are one of the largest, most reliable groups of voters. And going into this…
Most payday lenders steer borrowers to higher-cost repayment options, consumer watchdog says
Ting Shen/Bloomberg via Getty Images Most payday loan borrowers aren’t using the lowest-cost repayment option in states where it’s available, perpetuating a cycle of high fees and debt, the Consumer Financial Protection Bureau said Wednesday in a report. In some cases, payday lenders have withheld information about these “no-cost extended repayment plans” from borrowers to…