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Business

Bitcoin briefly hits $ 5,000 after a 20 per cent surge By Reuters

© Reuters. A short-touched $ 5,000 on Tuesday, its highest level since late November, while other cryptocurrencies also surged On Bitstrom Exchange, Bitcoin rose as much as 20 percent in Asian trading to briefly touch the $ 5,000 mark before settling at $ 4,730 by 0700 GMT, up 14 percent on the day; Ethereum's ether and Ripple's, two other large …

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Reconstruction of production pushes Asian shares to seven-month highs

© Reuters. FOOTBALL FOOT: Men watch the stock quote board outside a Tokyo brokerage company TOKYO (Reuters) – Asian stocks prolonged their rally on Tuesday as positive factory China and US factories have provided much boost to the trust of investors. European stocks were expected to rise, London's futures rose by 0.1%, and Frankfurt also traded a little higher. Australian …

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Lifetime healthcare costs soar for workers retiring in 2019

Costs of comfortable life in retirement age continue to increase for Americans – especially in the healthcare sector. According to a new study conducted by Fidelity Investments, a 65-year-old couple who retires this year will spend about $ 285,000 on health care and medical expenses during retirement – and this suggests both are eligible for Medicare coverage. This figure is …

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Trump Fed Pick divorce reports are put under temporary seal

As Mr Trump took office, Mr Moore insisted on lower rates. In December, angry at the fourth increase this year, he urged Fed Chairman Jerome H. Powell to step down or be dismissed. Trump has praised Mr Moore's opinion of the Fed, but it is unclear whether he can win the Senate confirmation. Last year, I.R.S. filed a distraint against …

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Oil prices are on the rise in shale delays

Oil price collapse at the end of last year, coupled with shareholder pressure, has led to a slowdown in the US shale industry. EIA released new monthly data on March 29, which showed a decline in production of around 90,000 bpd between December and January, evidence that scissors broke through the breaks after oil prices fell from a rock in …

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Crane falls on the Florida-based Oasis of the Seas Cruise Ship

FREEPORT, BAHAMAS – A large construction crane fell on a Royal Carribean cruise ship Monday while the vessel was in a dry dock in the Bahamas.                       Eight people were injured in the accident, but none of the injuries are considered life-threatening.                      Video from the Great Bahamas Shipyard near Freeport shows the crane resting on the side of …

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Shares Accumulate as Financial Leap to Easing Global Growth Concerns Through Investing.com

© Reuters. Investing.com – Treasury prices rose on Monday as Treasury gained tremendous earnings as optimized production data from the United States and China alleviated investors' concerns about slowing global growth. Financials, especially banks, have made profits when bond yields have risen by more than 3%, as better-than-expected production data from China and the United States have prompted traders to …

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