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Investments Archive

You can buy a new Dubai apartment for 50 bitcoin

Bitcoin fans are being offered first dibs on 150 apartments in a new Dubai development. Aston Plaza and Residences is offering studios for 30 bitcoin, and one-bedroom apartments for about 50 bitcoin ($242,000), although the prices may vary because they’re pegged to the dollar. Once a buyer decides to go ahead with the purchase online

Irma hits markets; Orange juice prices; NAFTA talks

1. Irma spooks markets: Hurricane Irma is moving through the Caribbean, pushing up commodity prices and applying pressure to travel stocks. The price of orange juice futures for November delivery spiked 6.5% on Wednesday. U.S. oil futures rose 0.4% to trade just below $49 per barrel. On Tuesday, shares in cruise operators dropped as the storm

Trump’s empty trade threats weaken U.S. hand over North Korea

President Trump risks doing more harm than good with his latest rhetoric over North Korea. After Kim Jong Un’s regime carried out its biggest nuclear test so far on Sunday, Trump fired off a series of tweets, including a warning that he’s considering “stopping all trade with any country doing business with North Korea.” The extraordinary remark

Wells Fargo scandals are sabotaging Trump’s deregulation push

President Trump and Republicans want to rip up rules on big banks. But Wells Fargo (WFC) keeps getting into serious trouble, undermining the president’s deregulation agenda. After creating a national firestorm last September because it created millions of fake accounts, the No. 2 U.S. bank landed in hot water again this summer. Just in the past few months,