Investing in cryptocurrencies is complicated. Four new trusts make it easier, says crypto investor Michael Sonnenshein. “Digital currencies are not like stocks and bonds and all the other things that you buy,” Sonnenshein, managing director at Grayscale Investments, a digital currency investment firm, said Monday on CNBC’s “Fast Money.” “There’s […]
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The firm behind the tradable GBTC launches four new ways to get exposure to bitcoin and other digital currencies
Investing in cryptocurrencies is complicated. Four new trusts make it easier, says crypto investor Michael Sonnenshein. “Digital currencies are not like stocks and bonds and all the other things that you buy,” Sonnenshein, managing director at Grayscale Investments, a digital currency investment firm, said Monday on CNBC’s “Fast Money.” “There’s […]
Inflation data is the wild card for markets Tuesday
Chances are the consumer price index will be a sleeper for markets Tuesday, but if it’s not, watch for interest rates to spike and stocks to sell off. The CPI is expected to come in at 0.2 percent both for headline inflation and core, which excludes energy and food, according […]
Cramer: Micron’s strength means Intel is a buy
With the major averages slipping from their highs on lingering trade-war concerns, CNBC’s Jim Cramer wanted to go against the grain and take a look at what’s winning. “One word: tech. Tech is what’s working,” the “Mad Money” host said on Monday from CNBC’s 1Market in San Francisco. “The truth […]
How YouTube search pushes people toward conspiracy theories and extreme content
YouTube is still struggling to figure out how to keep from recommending divisive content like conspiracy theories. On Monday afternoon, YouTube users on Twitter highlighted problems with the site’s autocomplete feature, which automatically suggests search queries after a user starts typing a few letters or a word, as well as […]
Apple hits a new all-time high and briefly climbs above a $925 billion market cap
Apple closed at an all-time high Monday, briefly surpassing an intraday market cap of $925 billion for the first time. Shares closed at $181.40 — less than a percent up — but climbed above $182 in midday trading, briefly pushing the tech giant to a market cap of $925.4 billion, […]
‘Good Girls’ star Mae Whitman’s first big splurge was surprisingly normal — but it made her cry
For many stars, their first big paycheck is an excuse to splurge, often on something fun and frivolous. For actor Timothee Chalamet, it was Knicks season tickets. For basketball star Shaquille O’Neal, it was a million-dollar shopping spree, which included three Mercedes Benz cars. But for actress Mae Whitman, who […]
US states with the worst income inequality
Income inequality is a growing issue not only in the U.S., but across the globe. A 2017 report from global charity Oxfam found that the richest 1 percent of people in the world control 82 percent of the total wealth. Put another way, just 42 people own the same amount […]
When helping your kids with a downpayment on a house is a bad idea
More than one-third of Millennials looking to purchase their first home say they plan to rely on a loan or a gift from a relative to cover a key portion of their down payment, according to a recent survey. And even if your own kids haven’t yet asked for a […]
Teen killed in Austin explosion, another blast reported
A 17-year-old boy was killed and a woman injured in a package bomb explosion on Monday at a home in Austin, and police responded to reports of a second blast in the Texas state capital, authorities said. Austin police said there was no clear motive for the explosion on Monday […]