Crypto Craze hosts Brad Smith and Tim Steno dive into the biggest trends in cryptocurrency this week. Cheddar Producer Eitan Levine explains the technology behind blockchain and Bitcoin. We speak with the CEO of the latest player in the cryptocurrency space "Ripple XRP." Plus, SoFi Vice President John Foley offers his advice for investors.
Ripple XRP is now up more than 90 percent over the past couple days. The excitement around cryptocurrency is separating the signal from the noise says Garlinghouse. He says its important to recognize the reality in solving a real problem with real customers. Ripple is using blockchain technology to solve a cross-border payments problem says Garlinghouse.
Foley advises clients to not invest more money in cryptocurrency than they can afford to lose. "Fear of missing out should be fighting with a fear of losing money," says Foley. Foley also recommends to diversity investments with several types of cryptocurrency.
May Jobs Report Shows Resilient Labor Market Despite Economic Headwinds
The Week's Top Stories is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street. This week we look at the debt deal, Amazon, Nvidia and C3.ai.
Volkswagen Puts Electric Spin On Its Iconic Microbus
Assessing the State of the Economy Ahead of May Jobs Report
What to Do With Your Finances When You Break Up
Bobbi Rebell, financial expert and author of Launching Financial Grownups: Live Your Richest Life by Helping Your (Almost) Adult Kids Become Everyday Money Smart, gives some tips on how to negotiate your bills to save serious money.
JPMorgan said it plans to close 21 around 25 percent of First Republic's branch location by the end of the year. The financial giant purchased the regional bank after it effectively collapsed amid an ongoing crisis in the banking sector.
Stocks are rallying Friday after a strong report on the U.S. job market helped ease Wall Street’s worries about a possible recession.
Airbnb sued New York City on Thursday over an ordinance that the company says imposes arbitrary restrictions that would greatly reduce the local supply of short-term rentals.
Rapper, producer and entrepreneur Sean “Diddy” Combs sued Diageo Wednesday, saying the spirits company didn’t make promised investments in his vodka and tequila brands and treated them as inferior “urban” products.
