(CNN) – Stocks finished modestly higher on Monday, with just a little over a week to go until a highly anticipated interest rate cut by the Federal Reserve. The Dow, which was the only major stock …
Trump huddles with tech CEOs as White House vacillates on Huawei
Trump’s Commerce Department in May added Huawei to a trade blacklist, requiring U.S. companies to get a special license before they can do business with the telecom titan. Under the terms of the trade …
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China’s internet bubble is over
He said in his annual review the Baidu investment was a mistake. “Management has been investing more and more of current profitability in new areas like artificial intelligence, driverless cars and …
Bitcoin’s Hash Rate Just Hit An All Time High
The Bitcoin network has just pushed its hash rate to an all-time high thanks to all of the computing power behind it. This information comes to us via Blockchain.com, with CoinTelegraph reporting it. …
How Japan’s trade row with South Korea could hit tech supplies
A trade spat between Japan and South Korea threatens to spill beyond their borders, posing potential risks to consumer electronics supplies around the world. The row stems from export restrictions …
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China’s Chen Hsong sets up German subsidiary
The facility in Kempen stocks fully functional injection molding machines for demonstrations, tests and training. The 2,400-square-meter (25, 833-square-foot) warehouse in the Netherlands is stocked …
Tron’s Justin Sun Postpones Lunch With Warren Buffet
The specific subjects to be discussed during the steak meal were not disclosed; however, Buffett has famously called bitcoin “rat poison squared,” and made a number of other unflattering remarks about …
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First Trust Senior Floating Rate Income Fund II Increases its Monthly Common Share Distribution to $0.0735 Per Share for August
As a secondary objective, the Fund attempts to preserve capital. The Fund pursues these investment objectives by investing in senior secured floating-rate corporate loans. First Trust Advisors L.P …
Working natural gas stocks are more than half full in all regions as the deficit to the five-year average declines
The U.S. Energy Information Administration’s (EIA) weekly estimates of natural gas storage capacity utilization published on July 12, 2019, exceed 50% in all regions for the second straight week. EIA …