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Business News

Location American Business News for 2 January 2021
Billionaire investor Chris Sacca mocks 'Robinhood bros' for being reckless: 'Stonks never go down!' "To everyone who got into trading stocks this year, I have a little hard truth for you: You're not actually that good at it."
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Tesla short-sellers lost $38 billion throughout the automaker's colossal 2020 rally Short interest more than halved throughout the year, as Tesla's skyrocketing stock price drove short-sellers to close their positions.
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Bitcoin price hits $30,000 milestone for the first time ever Just two weeks after tackling $20,000, Bitcoin passes the $30,000 mark on the second day of 2021.
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9 Trillion vs. 100 Trillion: Billionaire Mike Novogratz Asks Which Cryptocurrency Will Win the Payments Race On December 31, billionaire investor Mike Novogratz asked his Twitter followers which blockchain coin has the best chance of winning the payments race and offered four choices. Novogratz said there are lots of “contend...
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Data Shows 78% of the Circulating Bitcoin Supply Is Illiquid, Only 4.2M BTC in Constant Circulation Onchain statistics show 78% of the circulating bitcoin supply is illiquid and barely accessible according to Glassnode research. Data indicates that the analysts have classified 14.5 million bitcoin as illiquid and only ...
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What's in Store for Ethereum in 2021?

Crypto News - 2 Jan 2021 07:47
What's in Store for Ethereum in 2021? Source: Adobe/'иктория "ирина The second-largest crypto network by market capitalization, Ethereum (ETH), had an eventful 2020 as many other players in the Cryptoverse. But what awaits the network in 2021? Th...
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Office Landlords Will Be Squeezed by Secondhand Market

Wall Street Journal - 2 Jan 2021 17:03
Companies are subletting space they no longer need from London to San Francisco. The trend could force property owners to lower rents.
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Coinbase Pro exchange registered an outflow of over 35,000 bitcoin worth more than $1 billion early Saturday.
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Outside the Box: What is the secret to aging well?

Market Watch - 2 Jan 2021 17:14
Learning to age well requires an emotional shift, says longevity expert Marc Freedman
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Hot Property: Danny Elfman and Bridget Fonda shed their Hancock Park stunner In Hancock Park, Grammy-winning composer Danny Elfman and actress Bridget Fonda hauled in $8.75 million for the larger of their two homes.
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Europe's Bond Issuance Addressed Fiscal Shortcomings

Wall Street Journal - 2 Jan 2021 14:02
When the European Union sold bonds on behalf of member countries to cope with the pandemic, it took a step toward a permanent fiscal role.
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Big Oil Is Getting Scared Of Electric Vehicles - And So It Should Be The electric vehicle revolution will have similarly unpredicted effects as the arrival of the Internet, and some very familiar car brands are not ready for how fast this change is occurring.
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Dry January: 7 Non-Alcoholic Drinks To Help You Stay Sober This Month 2020 is officially in the rearview mirror and that means Dry January is now underway. To kick off 2021, I'm highlighting seven nonalcoholic brands that can help you stay sober through the first month of the year.
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The equity market wasn't the main conduit for the response to the pandemic and social unrest that emerged in 2020, but it was one way that Wall Street interpreted the pace of the rapidly spreading contagion and the human...
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Bitcoin Climbs Above $33,000 For The First Time Ever Bitcoin's capitalization is now north of $570 billion.
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Cleared Hurdle Still Leaves Tesla Stock in Ludicrous Mode

Wall Street Journal - 2 Jan 2021 23:16
Tesla has met its own guidance for annual production, but its valuation still looks hard to justify.
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5 Student Loan Changes For 2021

Forbes - 2 Jan 2021 21:29
5 Student Loan Changes For 2021 Will your student loans get cancelled?
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Tens of thousands of people living in the Caribbean are on high alert as volcanoes come back to life after remaining dormant for decades The St. Vincent and the Grenadines government issued an orange alert, meaning eruptions could occur with less than 24 hours' notice.
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Trump urges people to 'get ready to vote' in Georgia just hours after calling the Senate runoff elections 'both illegal and invalid' President Trump will attend a rally in Georgia on Monday for Senators Kelly Loeffler and David Perdue.
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This 3-Pack Grows Dividends By 28% Each Year Everyone loves the dividend, but investors usually don't give enough love to the dividend hike.
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China has accused Trump of trying to start a new Cold War, after the New York Stock Exchange confirmed plan to delist three Chinese firms China accused the Trump administration of attempting to suppress foreign companies, as the NYSE moved to delist three Chinese firms.
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China's State Capitalism Collides With Its Tech Ambitions

Wall Street Journal - 2 Jan 2021 16:00
The enduring power of China's state-owned enterprises to siphon off resources and box out competitors still looks like a potential Achilles' heel for the country.
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