Bitcoin and Ethereum are both down significantly

What is the future for cryptocurrencies? At their highest points, Bitcoin and Ethereum were valued at $20,000 and $1,400, respectively. Since then, they have slid to $6,250 and $290, respectively. These 68 and 79 percent decreases have exemplified the rapid fall and distrust of cryptocurrencies – even the most popular ones. The exploding growth of […]
  • Ben Norman
  • August 15, 2018
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Wilbur Ross allegedly siphoned millions of dollars from associates

Commerce conundrum According to a report by Forbes, Commerce Secretary Wilbur Ross may have illegally siphoned over $120 million from business associates in the past. Forbes sat down with over 20 of Ross’s associates from his private equity firm WL Ross & Co., who all reported the amount of money Ross stole from them. In […]
  • Ben Norman
  • August 8, 2018
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Apple reaches $1 trillion

That’s a lot of zeroes On Thursday, Apple officially became the first American public company to reach $1 trillion in value. Their stock rose over $207 on the day, allowing the company to cross that milestone. Apple’s shares jumped on Wednesday after their earnings report exceeded expectations, which caused the climb. This stems from the […]
  • Ben Norman
  • August 3, 2018
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Sweethearts manufacturer will close

Not so sweet ending The parent company of the manufacturer that makes Necco and Sweethearts announced over the weekend that has closed abruptly. Round Hill Investments, the parent company, reported that it will sell its Necco brands to another manufacturer and close its factory in Revere, Massachusetts, effective immediately. This comes after their $17 million […]
  • Ben Norman
  • July 30, 2018
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Stock markets on the up-and-up

The stock market is currently thriving The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all closed at brilliant levels on Friday. The Dow reached 25,000 points, its highest in the past 30 days. Secondly, the S&P 500 hit its highest point in the past five months. And finally, the Nasdaq closed at a […]
  • Ben Norman
  • July 17, 2018
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Binance thrives amidst volatile crypto market

Binance stays consistent as crypto market fluctuates Overall, cryptocurrency values have fallen by 70% so far this year. Crypto exchange firm Binance, however, does not seem to have the same woes. Binance CEO Changpeng Zhao reported to Bloomberg that he plans on generating at least $500 million in profit in 2018, and this figure could […]
  • Ben Norman
  • July 10, 2018
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Amazon buys PillPack for $1 billion

Amazon adds to its portfolio PillPack, a Boston-based pharmacy startup, has just made a $1 billion deal with Amazon, from which the two co-founders will make $100 million each. The five-year-old company uses software to speed up the refill and co-pay processes; plus, it ships combined prescriptions for people that take multiple kinds of drugs. […]
  • Ben Norman
  • July 3, 2018
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Connecticut Higher Education Trust hacked

CHET hacked The Connecticut Office of the State Treasurer announced that hackers stole roughly $1 million from the Connecticut Higher Education Trust (CHET), a state-sponsored college savings plan. CHET is a 529 plan, in which citizens set aside money to save for steep college tuition costs. Only 21 customers were harmed by the security breach, […]
  • Ben Norman
  • June 30, 2018
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Uber Releases Two New Projects

Waiting for your Uber driver just became a way of saving money on travel. Uber, the ridesharing company founded back in 2009, now offers a new feature which lets riders wait longer in exchange for cheaper fares. The new feature offers a new traveling experience. So Far, the option has been tested in Los Angeles […]
  • Peter Boyer
  • June 20, 2018
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