Tag: banking

Musk says Tesla sold about 10% of bitcoin to test market, and will ‘resume allowing crypto transactions’ when 50% of miners are green

Prices of the world’s No. 1 crypto on Sunday were trading sharply higher, as digital-asset bull Elon Musk said Tesla would resume allowing transactions at the vehicle-maker’s stores when key members of bitcoin infrastructure can confirm that 50% of the energy used to mine for bitcoin is derived from clean energy sources. The Sunday afternoon […]

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Target’s traffic growth tops Costco, a good sign with back-to-school and holidays still to come

Target Corp. has had average traffic growth of 4.8% over the last 13 quarters, just one of the reasons why the retailer was upgraded to buy from neutral at UBS. UBS raised its price target on Target TGT, +0.55% to $265 from $210. The traffic growth figure exceeds those from Costco Wholesale Corp. COST, -0.31%, […]

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The best Father’s Day gift I have ever received

Not long ago, I received an unexpected early Father’s Day gift from my older daughter when she returned home for a long weekend visit with us. Since graduating from college, Alyssa had been living in the Chicago area, where she worked as a research assistant for a prestigious university. She thoroughly enjoyed living in the […]

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The ECB decision is coming. Here’s what analysts expect.

Though inflation in the eurozone isn’t even half that of the U.S., the central bank debate is the same on both sides of the Atlantic — when the rate of bond purchases should slow. As with the Federal Reserve, most expect any tapering decision from the European Central Bank to wait for a few months. […]

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