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Shock U.S. Data Triggers Recession Alarm as Global Stocks Plunge

The unexpected fall in the U.S. equities market sent global stocks plunging as major stock indices in China and South Korea fell by 0.9 to 2 percent. The SSE Composite, which represents all stocks listed on the Shanghai Stock Exchange, fell by 0.92 percent on the day while the Kospi dropped 1.95 percent. Holger Zschaepitz, […]

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Sony’s Internal Struggle Risks Jeopardizing PlayStation 5 Launch

Yesterday’s announcement that Shawn Layden was leaving Sony Interactive Entertainment, although out of the blue and devoid of context, didn’t raise any immediate red flags as the carefully worded tweet published by the official PlayStation Twitter handle heaped praise on the now ex-chairman of Worldwide Studios. It did lack the pomp one would expect for […]

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Ripple-Backed Web Monetization Platform Coil Now Supports XRP

Web monetization platform Coil now supports XRP payments thanks to a partnership with payment gateway GateHub Source: https://cointelegraph.com/rss

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Altcoin Platform Coinexchange.io Closes For Financial Reasons

Altcoin trading platform Coinexchange will close down due to financial troubles Source: https://cointelegraph.com/rss

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Dow Futures Plunge as 2008-Crisis Parallels Loom Large

Dow Jones Industrial Average (DJIA) futures suffered another collapse in early trading Wednesday, pointing to a weak stock market open. As US manufacturing data falls to a fresh decade-low, traders are battling with yet another throwback to the 2008 financial crisis. A handful of warnings are now flashing red. Weak manufacturing, Federal Reserve intervention, housing […]