McDonald’s Cuts Cheeseburgers From Happy Meals

February 17, 2018

McDonald’s Corp. is removing cheeseburgers from its fabled Happy Meal menus as the fast-food giant responds to a clamor for healthier eating. All Happy Meals advertised on U.S. menu boards will be 600 calories or less by June, McDonald’s said in a statement Thursday. While the classic cheeseburger will still be available if a customer requests it, the listed entree choice will be a hamburger or a box of chicken…

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The Dark Side of Americas Rise to Oil Superpower

January 29, 2018

The last time U.S. drillers pumped 10 million barrels of crude a day, Richard Nixon was in the White House. The first oil crisis hadn’t yet scared Americans into buying Toyotas, and Featured in , Jan. 29, 2018. Illustration: 731 For one, the influence of one of the most powerful forces of the past half-century, the modern petrostate, would be diminished. No longer would “America First” diplomats need to tiptoe…

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China Weighs Slowing or Halting Purchases of U.S. Treasuries

January 17, 2018

China added to bond investors’ jitters on Wednesday as traders braced for what they feared could be the end of a three-decade bull market. Senior government officials in Beijing reviewing the nation’s foreign-exchange holdings have recommended slowing or halting purchases of U.S. Treasuries, according to people familiar with the matter. The news comes as global debt markets were already selling off amid signs that central banks are starting to step back…

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Global Debt Hits Record $233 Trillion

January 10, 2018

Global debt rose to a record $233 trillion in the third quarter of 2017, more than $16 trillion higher from end-2016, according to an brake on central banks trying to raise interest rates, given worries about the debt servicing capacity of highly indebted firms and government, the IIF analysts wrote. More From this publisher : HERE ; This post was curated using : TrendingTraffic If you like our content help…

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How One Mysterious Startup Is Riding the Bitcoin Wave

January 2, 2018

With hardly a year of operations under its belt and scant results to show for it, UBI Blockchain Internet is riding buzzwords to a stock boom. It’s become one of the most valuable publicly traded companies in the bitcoin universe — second only to LongFin Corp. The stock surged almost 1,000 percent this year, valuing UBI Blockchain at $1.2 billion. Now, the Hong Kong-based company has registered to sell an additional…

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Bitcoin Dips Below $14,000 as South Korea Eyes Fresh Regulations

December 30, 2017

Bitcoin resumed its slide Thursday, dipping below $14,000 as the cryptocurrency’s dizzying drop from a record set 10 days ago intensified. The latest blow to the world’s biggest cryptocurrency came from South Korea, where the government said it was eyeing options for stamping out a What the World’s Central Banks Are Saying About CryptocurrenciesNovogratz Halts Hedge Fund, Says Bitcoin May Drop to $8,000 Bitcoin’s plunge comes after futures contracts started trading…

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Trump Asks Hows Your 401(k)? But Most Voters Dont Have One

December 24, 2017

President Source: GAO analysis of 2012 data from Survey of Income and Program Participation and U.S. Census Bureau Note: Each income quartile represents about 25.5 million private-sector workers Trump mentions the stock market almost daily in tweets or public remarks, taking direct credit for record highs by the Dow Jones Industrial Average and other indexes. But only about 14 percent of U.S. families directly own stocks, an asset class dominated…

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The Bitcoin Whales: 1,000 People Who Own 40 Percent of the Market

December 14, 2017

On Nov. 12, someone moved almost 25,000 bitcoins, worth about $159 million at the time, to an online exchange. The news soon rippled through online forums, with bitcoin traders arguing about whether it meant the owner was about to sell the digital currency. Holders of large amounts of bitcoin are often known as whales. And they’re becoming a worry for investors. They can send prices plummeting by selling even a…

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