Farmers Splurging on High-Tech Machines Eases Pain for Deere By Bloomberg

2/2 © Bloomberg. Attendees examine a Deere Co. John Deere tractor at the National Farm Machinery Show in Louisville, Kentucky, U.S. on Friday, Feb. 14, 2020. The show offers a selection of cutting-edge agricultural products, equipment and services available in the farming industry. Photographer: Luke Sharrett/Bloomberg 2/2 (Bloomberg) — Uncertainty is plaguing U.S. farmers with […]

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Hedge Fund That Timed Big Short and Crypto Rally Eyes Venezuela By Bloomberg

© Reuters. (Bloomberg) — Venezuela’s bond market has been rocked over the past few years by defaults, sanctions and a collapse in prices. Yet the disastrous cocktail is attracting hedge funds including London’s Altana Wealth Ltd. that say the situation can’t get any worse. Altana is pitching the South American nation’s government notes, which can […]

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Big-Tech ETF Is Poised to Top $100 Billion for First Time Ever By Bloomberg

© Reuters. (Bloomberg) — The torrid surge in technology companies pushed one of the world’s biggest ETFs toward a record value of more than $100 billion. Invesco (NYSE:) QQQ Trust Series 1, which tracks the Nasdaq-100 Index, is poised to hit that closing milestone for the first time since it began trading in 1999. It’s […]

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Trump draft order requires more from tech workers on H-1B visas: Bloomberg

U.S. President Donald Trump points to a reporter as he answers questions during the daily coronavirus task force briefing at the White House in Washington, U.S., April 20, 2020. REUTERS/Jonathan Ernst
 WASHINGTON (Reuters) – President Donald Trump would require technology workers in the United States on H-1B visas to provide updated certifications that they are […]

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U.S. Stocks Mixed With Bargain Hunters Eyeing Tech: Markets Wrap By Bloomberg

(Bloomberg) – US stocks struggled to hold on to gains as investors gobbled up a battery of economic and financial measures from global policymakers to ease market turmoil. Treasuries climbed and the dollar expanded its rally. The advanced as bargain hunters sorted by technology companies, fluctuating between small gains and losses. Tesla (NASDAQ 🙂 Inc., […]

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Stocks Fall With Tech Leading Losses; Dollar Jumps: Markets Wrap By Bloomberg

(Bloomberg) – US equities have caused a decline due to concerns that the spread of the corona virus outside China will take a heavy toll on corporate earnings. The dollar jumped and gold was traded after a seven-year high when investors searched for ports. Major technical names led to losses after Japan reported two deaths […]

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Central Banks Are Increasingly Dabbling in Digital Currencies By Bloomberg

© Reuters. Central banks are increasingly concerned with digital currencies (Bloomberg) – Discover what drives the global economy in the new season of the Stephanomics podcast. Subscribe via Apple Podcast, Spotify or Pocket Cast. A growing number of central banks are investigating the issue of digital currency, according to the Bank for International Settlements. A […]

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Crypto Stablecoins Find a Toehold in Shadows of Global Trade By Bloomberg

(Bloomberg) – A controversial type of cryptocurrency is gaining popularity with some small traders operating in the shadow of regular trade. Companies such as importers and exporters of goods, ranging from baby products to furniture in Asia and Europe, use so-called stable coins, including Tether and USD Coin, according to payment processors and over-the-counter trade […]

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Facebook’s ‘Failed’ Libra Cryptocurrency Is No Closer to Release By Bloomberg

(Bloomberg) – Sign up here to receive the Davos Diary, a special daily newsletter from January 20-24. Facebook Inc (NASDAQ :). & # 39; s Libra cryptocurrency starts 2020 and does not seem to be getting closer to release, with authorities at its base in Switzerland asking new questions about its suitability as a global […]

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Microsoft’s President Says U.S.-China Divisions Risk Tech ‘Cold War’ By Bloomberg

© Reuters. Microsoft's president says US-China Risk Tech "Cold War" divisions (Bloomberg) – Microsoft Corp. (NASDAQ :). receives only 1.8% of its worldwide sales from China, although the country accounts for around 18% of the world's population, said Microsoft President and Chief Legal Officer Brad Smith, and noted that tensions between the two largest economies […]

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