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Bitcoin Hard Fork August 1st – What is happening, Latest Development that Investors Should Know

Latest Developments That Long-Term Investors Should Be Aware. – Certified Research Analyst, Growth, long-term horizon, Cryptocurrency Enthusiast   Summary On August 1, 2017 12:20PM UTC, the Bitcoin network is scheduled to experience a hard fork that will result in a permanent split of the Bitcoin network. This User Activated Hard Fork will create a new version of Bitcoin called “Bitcoin Cash”. All current Bitcoin holders will automatically own Bitcoin Cash. In my last article... 

Tobacco Shares Plunge After FDA Proposes Cut to Cigarette Nicotine

The U.S. Food and Drug Administration plans to explore regulating the level of nicotine in conventional cigarettes, a radical step that would reshape the $130 billion American tobacco industry and, potentially, encourage millions of people to quit smoking. The move, announced Friday, would represent one of the most sweeping federal efforts to reduce smoking since Congress required cigarette packages to carry health warnings in 1965. It follows other moves by President Donald Trump’s FDA Commissioner... 

President Trump: Health Care Bill Will ‘Get Even Better at Lunchtime’

WASHINGTON (AP) — President Donald Trump on Wednesday stepped up the pressure on reluctant Republicans to erase much of Barack Obama’s health care law, tweeting, “They MUST keep their promise to America” and vowing the measure would improve at his White House lunch with senators. In a last-ditch effort to revive the bill, Trump invited all 52 Republicans to the White House, a day after the GOP’s seven-year quest crashed and burned in a humiliating defeat for the president,... 

Google strengthens security to keep you from getting phished

Google wants to prevent another massive phishing attack like the one that targeted Google Docs users earlier this year. On Tuesday, Google released new security protections to keep users safe from unverified apps, or ones that it hasn’t officially approved. If a web app is unverified by Google and is asking you to login with your Google info, you’ll now see an warning screen with a red exclamation point. You can choose to proceed with your Google account anyway by clicking on “Advanced”... 

Goldman’s Fix for Trading Desk’s Dysfunction: ‘Just Add Butter’

Restaurants give their favorite customers free add-ons, and so should Goldman Sachs Group Inc. That’s the message Pablo Salame, the firm’s co-head of trading, had for his troops in April at a town hall meeting after the division posted the worst first-quarter results in more than a decade, according to people who attended the event or watched a taped version distributed internally. Too often top clients are confronted with a tangle of fees from disparate desks that don’t work together, or... 

Brexit: EU leaders says UK offer could ‘worsen situation’

European leaders have criticised the UK’s offer to EU nationals after Brexit – with one senior figure claiming it could “worsen the situation” for them. European Council President Donald Tusk said the plan was “below expectations” while German Chancellor Angela Merkel said there had been “no breakthrough”. Theresa May conceded there were differences between the two sides. But the prime minister said those who had “made their lives and homes”... 

Senate votes to sanction Russia over 2016 election meddling

The Senate voted Wednesday to impose sanctions against Russia, in response to that country’s attempts to interfere with and influence the 2016 election. Lawmakers voted 97-2 to attach the sanctions language to a bill sanctioning Iran over its ballistic missile program and sponsorship of terrorism. The measure includes language that would prevent the president from lifting the sanctions without congressional approval. Sens. Mike Lee, R-Utah, and Rand Paul, R-Ky., were the only senators to vote... 

Norway Emerges From Oil Drop as Growth Seen at Pre-Crisis Levels

Norway may be finally emerging from an oil downturn with companies the most upbeat they’ve been on economy since before the oil crisis, according to a central bank survey. The krone jumped on the news. A survey of companies across regions and industries now indicates a broad based improvement driven by both public and private demand, according to Norges Bank’s regional network report published on Tuesday. There are even signs that improved economic sentiment has spread to the battered oil regions... 

White House Unveils Trump’s Opening Tax-Cut Bid

The White House made its opening bid for what officials called the “biggest tax cut” in U.S. history — with cuts that would benefit businesses, the middle class and certain high-earning individuals — but left unanswered questions about whether the plan would be paid for, or how. A list of goals for the tax overhaul, unveiled by President Donald Trump’s top economic adviser Gary Cohn and Treasury Secretary Steven Mnuchin Wednesday, calls for slashing the federal income-tax rate... 

Equity markets, euro rally in wake of French election

NEW YORK (Reuters) – Global equity markets rallied on Monday, boosting a gauge of world stocks to a record high, while the euro briefly jumped to a five-month peak against the U.S. dollar as the first round of an election in France went to the market’s preferred candidate. Centrist Emmanuel Macron took a big step towards the French presidency on Sunday by winning the first round of voting and qualifying for a May 7 runoff alongside far-right leader Marine Le Pen. The victory for the... 
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