Bitcoin birthed the concept of blockchain technology, and now even organizations as technologically advanced as NASA are considering its benefits. Yet cryptocurrency is often described as a fad, a bubble, and even worthless. NASA Eyes Hyperledger Blockchain for Air Traffic Management Ronald J. Reisman, an aero-computer engineer at the NASA Ames Research Center, has put
The post Bitcoin is a ‘Fad,’ But Even NASA is Investing in Blockchain appeared first on CCN
Not to be outdone by its FAANG and other technology rivals, it appears Amazon has been secretly developing a game streaming service. It looks set to compete with Microsoft and Google with instant video games housed on powerful servers. Cloud-based gaming, which will negate the need for downloads or game cards, could be one of
The post Amazon Developing New Game Streaming Service to Compete with Microsoft and Google appeared first on CCN
Jerome Powell said today that the Federal Reserve has no choice but to face the mounting U.S. debt balance. That negative balance is now $21.9 trillion. The annual U.S. deficit has reached sustained highs of over $1 trillion. Speaking at The Economic Club of Washington, D.C today Powell said: “I’m very worried about it.” Referring
The post Federal Reserve’s Jerome Powell “Very Worried” About Massive U.S. Debt appeared first on CCN
U.S. President Donald Trump appears positive over recent trade talks with China. But Trump is not so upbeat about coming to an agreement with the Democrats and ending the government shutdown. Could a trade resolution with China happen before the government starts to pay its employees? As Trump left for his visit to Texas and
The post Trump May Expect a Trade Resolution With China Before Ending the Government Shutdown appeared first on CCN
After four days of stock market recovery and gains on the Dow Jones Industrial Average and elsewhere, the markets are at risk of slipping back. Macy’s and American Airlines revised forecasts, sending their stock prices spiraling. The Dow Jones, the overriding indicator of America’s largest companies, began to fall after nearly a week of recovery.
The post Macy’s and American Airlines Shares Fall, Dow Jones Holds on appeared first on CCN
Toyota has revealed it will recall another 1.7 million vehicles worldwide over airbag faults. The auto industry stalwart’s share price could be hit in the next session of trading. 23 Deaths Caused Worldwide by Takata Air Bag Inflators The latest recall is actually part of an ongoing recall program for Toyota which began in 2016
The post Toyota Shares Looking Bearish after 1.7 Million Vehicle Recall appeared first on CCN
An argument for decentralization and equality? Apple is cutting its production levels and will likely shift the Dow Jones Index and global stock markets again today. At the same time CEO Tim Cook is banking his biggest bonus ever. Apple Slashes iPhone Production Following Revenue Guidance Cuts After revising sales forecasts downwards, Apple is now
The post Apple Cuts iPhone Production, But CEO Tim Cook Cashes in appeared first on CCN
The Atlanta Federal Reserve bank president says there is uncertainty despite strong economic data, causing a dilemma for the U.S Federal Reserve. It should be “patient,” says Raphael Bostic. Bostic is not on the Federal Reserve’s panel for interest rate setting this year but is speaking out to confirm that investors and businesses are taking
The post Uncertainty Real, Federal Reserve Should be Patient: Atlanta Fed President appeared first on CCN
Trade talks between the U.S and China concluded earlier today boosting Asian markets and the start of trading in Europe. It could be another good day of trading for the Dow Jones and the wider markets in the U.S too. In Asia, the markets jumped in response to positive comments from officials. In China, the
The post Hope After US-China Talks: Stock Markets in Asia and Europe Trade Higher appeared first on CCN
Using advanced technology, BP has discovered new oil reserves in the Gulf of Mexico. Many analysts are showing confidence in the stock and Goldman Sachs has reissued its “buy” rating for BP shares. BP Finds New Oil in Thunder Horse Fields Revealed today, BP has found 1 billion more barrels of crude oil at an
The post BP Finds a Billion Barrels of Oil, Analysts Say Shares are a ‘Buy’ appeared first on CCN