Luxury Car Brand Jaguar To Go All-Electric By 2025 Via AP News: Struggling luxury car brand Jaguar will be fully electric by 2025, the British company said Monday as it outlined a plan to phase out internal combustion engines. Jaguar Land Rover, which is owned by Indian conglomerate Tata Motors, hopes the move will help turn around the fortunes of the 86-year-old Jaguar brand, which for many epitomizes class but […]
Bitcoin within a whisker of $50,000 Via Reuters: Bitcoin hit a new record high $60 shy of $50,000 on Tuesday, extending a sharp rally that has been mostly fuelled by big investors beginning to take digital assets seriously. The first and most famous cryptocurrency, bitcoin hit $49,938 and has gained roughly 70% this year, most of that after electric carmaker Tesla said it bought $1.5 billion in bitcoin and would […]
Bitcoin Rally Falters Just Short Of $50,000 As Investors Take Profit Via Reuters: Bitcoin stalled just short of the $50,000 mark on Monday and other cryptocurrencies slipped, as investors took profit from a record-breaking rally that is being driven by a worldwide shift in investor and public attitudes towards digital assets. Bitcoin fell as much as 5.6% to $45,914 in Asian trading hours, after having posting a record high of […]
Elon Musk Says He Supports Top Dogecoin Holders Selling Most Of Their Coins Via Reuters: Billionaire Elon Musk said on Sunday that he supports major holders of the meme-based digital currency dogecoin selling most of their coins, adding that he felt too much concentration in dogecoin was the “real issue”. "If major Dogecoin holders sell most of their coins, it will get my full support. Too much concentration is the […]
Oil Hits 13-Month Highs As Market Re-Balances Via Reuters: Oil prices soared on Monday to their highest in about 13 months as vaccine rollouts promised to revive demand and producers kept supply reined in. Brent crude was up 77 cents, or 1.2%, at $63.20 a barrel at 0955 GMT, after climbing to a session high of $63.76, the highest since Jan. 22, 2020. U.S. West Texas Intermediate (WTI) crude futures […]
Robinhood CEO Admits Communications Shortcomings, Ahead Of House Testimony Via Reuters: Robinhood, the trading app popular with young investors, could have better explained why it restricted the buying of heavily shorted stocks caught up in the social media-fueled trading frenzy around GameStop Corp, said the company’s chief executive officer. “No doubt we could have communicated this a little bit better to customers,” CEO Vlad Tenev said late Friday on the […]
European Shares Dip, Bitcoin Hits Record High Via Reuters: World shares dipped on Friday as investors awaited progress towards more U.S. fiscal stimulus, while the dollar was set for a weekly loss and cryptocurrency Bitcoin hit a record high. European shares fell at the start of trading, with the pan-European STOXX 600 index down 0.2% on the day. Germany’s DAX was down 0.7%. Britain’s FTSE 100 fell 0.35% and France’s […]
Wall Street Rally Pauses As Big Tech Loses Steam Via Reuters: The S&P 500 and the Nasdaq edged slightly lower on Wednesday as big tech stocks slid amid an ongoing rotation of portfolio holdings that gave a boost to energy shares and kept the overall market near record highs. Stocks shrugged off remarks by Federal Reserve Chairman Jerome Powell, who reassured investors that interest rates will remain low for some […]
Yellen Eyes Innovation To Battle Misuse Of Cryptocurrencies Via Reuters: U.S. Treasury Secretary Janet Yellen on Wednesday warned about an “explosion of risk” from digital markets, including the misuse of cryptocurrencies, but said new financial technologies could also help fight crime and reduce inequality. In remarks to a financial sector innovation roundtable, Yellen said such technologies could be used to stem the flow of dark money from organized crime and […]
Mike Church offers no-holds barred commentary on the moral & political decay of the modern world but unlike all other hosts, Mike offers solutions to these ills, solutions rooted in the wisdom of the Fathers, founding and Church!
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