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Bitcoin's Surge This Morning Shows Market's Vulnerability

5 days ago   |   By Forbes

Bitcoin prices rallied this morning, spiking during a time of modest volumes. Following this movement, the cryptocurrency went right back to range-bound trading.
When will bitcoin break out of its current range?
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North ending production of current Focals smart glasses to focus on Focals 2.0

North ending production of current Focals smart glasses to focus on Focals 2.0

Smart glasses maker North announced today that it will be ending production of its first-generation Focals glasses, which it brought to market for consumers last year. The... Read more ...

Remembering Paul Volcker

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Good morning. Paul Volcker, the chairman of the Federal Reserve Board who tamed double-digit inflation in the 1980s, died Sunday at the age of 92. As a cub reporter in the... Read more ...

Morgan Stanley is cutting 1,500 jobs. Expect more as banks cull before bonus...

Morgan Stanley is cutting 1,500 jobs. Expect more as banks cull before bonus season

Morgan Stanley is cutting 1,500 jobs, or roughly 2% of its workforce. People familiar with the matter told CNBC that the cuts will largely hit technology and operations, while... Read more ...

SoftBank is selling back its stake in embattled dog-walking startup Wag...

SoftBank is selling back its stake in embattled dog-walking startup Wag, amid the company's 'painful' layoffs

SoftBank's Vision Fund is giving up its nearly 50% stake in the dog-walking startup Wag, as the company continues to struggle. A memo circulated among Wag employees informed... Read more ...

15 major ways breakfast foods have changed over the past decade

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Breakfast foods have changed a lot throughout the 2010s. The past few years also welcomed new items like cronuts and Trader Joe's Everything But The Bagel Seasoning. In 2014... Read more ...

RIP: Paul Volcker

RIP: Paul Volcker

Former Fed Chairman Paul Volcker has died at the age of 92. Volcker ran the Fed from 1979 to 1987. His tenure may have been one of the most important in the Fed's... Read more ...

The US spent $133 billion to build up Afghanistan as part of a plan...

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The US has spent billions trying to rebuild Afghanistan, more than the US has spent in any other country, The Washington Post reports . One US official, in documents obtained... Read more ...

A manager of the No. 1 stock fund over the past 20 years attributes his...

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Jason Subotky is one of the managers of the No. 1 and No. 2 large-cap funds of the past 20 years, and he says his funds have thrived because of unusual value-focused... Read more ...

Bad news for Trump - 60% of Americans say the surging stock market doesn't...

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According to a new poll from Financial Times and the Peter G Peterson Foundation, most Americans don't seem to care that much about the stock market's performance. In the poll... Read more ...

The VCs who funded Dropbox, Zoom, and Airbnb reveal what they look for in...

The VCs who funded Dropbox, Zoom, and Airbnb reveal what they look for in pitches after announcing a $3.35 billion investment in new startups

Sequoia Capital is a venture capital fund with early-stage investments in companies like Zoom, Stripe, Airbnb, and Dropbox, among others. The fund revealed $3.35 billion last... Read more ...