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Facebook Reportedly Building Cryptocurrency for WhatsApp Money Transfers

Facebook Reportedly Building Cryptocurrency for WhatsApp Money Transfers

Facebook Inc. (NASDAQ: FB) is reportedly working on making a cryptocurrency that will allow users to transfer money on its WhatsApp messaging platform, according to Bloomberg, citing sources familiar with the matter.The Company is developing a stabl..

Easing Trade Tensions Portend Steady Stock Markets

Easing Trade Tensions Portend Steady Stock Markets

Easing trade tensions between China and the United States mean US stocks can only go up on May 14. Futures predicted a 0.2 percent opening gain for S&P 500. The Dow Jones Industrial Average or DJIS may go up by 0.3 percent. The Stoxx Europe 600 ..

Gold Posted Biggest Weekly Loss This Year

Gold Posted Biggest Weekly Loss This Year

Gold price was traded lower on Friday due to a strong U.S. dollar.Spot gold fell 0.2 percent at $1,329.23 during Friday’s trading session. While U.S. Gold future for April delivery was traded 0.12 percent lower to $1,331.10 per ounce.This is t..

Investors Shrug Off Inflation Fears

Investors Shrug Off Inflation Fears

It is clear that equity market sentiment is not negatively influenced by the news of inflation rise in the United States. Stock markets all over the world went up. These showed resilience to all concerns regarding the overheated US economy. The effe..

Stock Market Still Risky Even as it Bounces Back

Stock Market Still Risky Even as it Bounces Back

Investors continue to be wary even as the stock markets continue to quickly climb after they underwent a heart-stopping correction. A few are swiftly calculating whether the time is too young to sound the 'all clear'. A significant proportio..