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Venezuelans recycle worthless bolivar bills into crafts

CUCUTA, Colombia (AP) — A family of Venezuelan immigrants to Colombia are repurposing their worthless bolivars into origami-made paper wallets, belts and even purses as the currency plunges further..
New Zealand Herald Also reported by •FOXNews.comSeattle Times

Funds expert Q&A: Gold is good hedge to volatility in 2018

In the tug-of-war between a strong market outlook and concerns that inflation could stage a comeback, what are the prospects for further gains in gold funds?
USATODAY.com

Videos for Inflation

News video: Investing Insights: Autos, Walmart, and Sustainability

Investing Insights: Autos, Walmart, and Sustainability 16:51

We check in on the auto industry, share tips for fighting inflation, and offer funds for a sustainable portfolio in this week's Investing Insights podcast.
Source: Morningstar.com -

News video: The Week Ahead: February Wraps With Retailers' Reports

The Week Ahead: February Wraps With Retailers' Reports 01:05

Macy's, TJX, and Best Buy are due. Plus, personal consumption, the ISM index, auto sales, and the second estimate of fourth-quarter GDP.
Source: Morningstar.com -

News video: Why David Ader Thinks the Bearish Sentiment in Bonds Is Overblown

Why David Ader Thinks the Bearish Sentiment in Bonds Is Overblown 01:40

Feb.23 -- David Ader, Informa Financial Intelligence chief macro strategist, explains why he thinks the bearish sentiment in the bond market is overblown. He speaks with Bloomberg's Julia Chatterley..
Source: Bloomberg Global Business -

News video: Goldman Sachs Tells Major Investors Not Worry About Inflation

Goldman Sachs Tells Major Investors Not Worry About Inflation 00:38

Sharmin Mossavar-Rahmani is the CIO of the Investment Strategy Group at Goldman Sachs. She's responsible for the overall asset allocation and investment strategy within Private Wealth Management. In..
Source: Wochit -

News video: Mnuchin Urges Markets to Shrug Off Worries Over Tax Cuts, Debt

Mnuchin Urges Markets to Shrug Off Worries Over Tax Cuts, Debt 04:12

Feb.23 -- Bloomberg's Saleha Mohsin discusses comments made by Treasury Secretary Steve Mnuchin. She speaks with Jonathan Ferro on "Bloomberg Markets: The Open."
Source: Bloomberg Global Business -

 

Deutsche Bank Warns Higher Inflation Could Bring On Recession


RIA Nov.

A top Coinbase exec explains the master plan to turn the $1.6 billion cryptocurrency exchange into the next Google

a top coinbase exec explains the master plan to turn the $1.6 billion cryptocurrency exchange into the next google
** · *Business Insider checked in with Dan Romero, VP and general manager at Coinbase, to find out what its like trying to grow and scale one of the hottest startups in tech.* · *Coinbase, a..
Business Insider

There are 3 important reasons Wall Street’s simmering inflation worries are premature

there are 3 important reasons wall street’s simmering inflation worries are premature
· *Wall Street is worried about inflation as the passage of new tax cuts and a sharply higher budget deficit have raised fears of more aggressive interest rate hikes from the Federal Reserve.* ·..
Business Insider

Persimmon's profits to jump to £1bn as firm moves past pay controversy

persimmon's profits to jump to £1bn as firm moves past pay controversy
Persimmon's profits are expected to jump close to the £1bn mark this week as the housebuilder continues to bat off criticism for the pay awards it handed to executives. Analysts are expecting..
City A.M.

IMF’s Bitter Medicine Brought Growth, But Also Inequality – Analysis

imf’s bitter medicine brought growth, but also inequality – analysis
Many South Koreans blame the IMF for economic woes, but President Moon relies on the IMF formula for reducing inequality. By Steven Borowiec * During the height of the 1997-98 Asian financial..
Eurasia Review

A Strong Euro Is A Headache For The ECB – Analysis

By Daniel Lacalle* In recent weeks, the euro has been at its highest level, relative to the US dollar, that we’ve seen in the last three years. This is a movement that surprises when..
Eurasia Review

PNB scam, global cues spur Rs10,000 cr FPI sell-off in Feb

Foreign investors have pulled out nearly Rs 10,000 crore (USD 1.5 billion) from the Indian stock market so far this month primarily due to PNB fraud jitters coupled with global cues. This is against..
Deccan Herald

BUFFETT: There's one 'terrible mistake' long-term investors are making

buffett: there's one 'terrible mistake' long-term investors are making
· *Warren Buffett said in his annual letter the practice of managing portfolio risk using a specified ratio of bonds-to-stocks is flawed.* · *The Berkshire Hathaway chief argues a diversified..
Business Insider

Warren Buffett breaks down the most important lessons he learned from his $1 million bet against hedge funds (BRKA)

warren buffett breaks down the most important lessons he learned from his $1 million bet against hedge funds (brka)
· *Warren Buffett in 2007 entered a decade-long bet with Protégé Partners that the S&P 500 would outperform a selection of hedge funds over the following decade. * · *He won the bet late last..
Business Insider

There's one way to hold tech companies hostage and fix the spread of hoaxes, conspiracy theories, and misinformation (FB, TWTR, GOOG, GOOGL)

there's one way to hold tech companies hostage and fix the spread of hoaxes, conspiracy theories, and misinformation (fb, twtr, goog, googl)
· *Hoaxes and fake news continue to be promoted on big tech platforms run by Facebook and Google.* · *The companies have proven in the past that they can make big changes when properly..
Business Insider

easyJet's billionaire founder Sir Stelios Haji-Ioannou gets into fintech with new online investment platform

easyjet's billionaire founder sir stelios haji-ioannou gets into fintech with new online investment platform
** · *Sir Stelios Haji-Ioannou is launching an investment platform called easyMoney.* · *The first product will be an "Innovative ISA" allowing people to invest in peer-to-peer loans, backed by..
Business Insider

Week in Review for February 23, 2018: Sidechains, Stings and Venezuela

week in review for february 23, 2018: sidechains, stings and venezuela
In the past week, news from Venezuela was at the forefront, where crypto mining is way up due to cheap electricity. But their stab at launching their own crypto, the Petro, is not looking like a great..
Bitcoin Magazine

There's something about this market that doesn't add up

there's something about this market that doesn't add up
· *The Fed, cryptocurrency, and inflation, dominated financial news.* · *All the talk of an accelerating economy and rising inflation just doesn't add up.* · *Stocks in every sector started this..
Business Insider

Warren Buffett's big annual letter is almost here — here are the most important things to look out for (BRKA, BRKB)

warren buffett's big annual letter is almost here — here are the most important things to look out for (brka, brkb)
· *Warren Buffett's annual letter to shareholders will be published around 7:45 a.m. ET on Saturday.* · *Analysts at Morgan Stanley are paying attention to Buffett's thoughts on succession and tax..
Business Insider

What you need to know on Wall Street today

*Welcome to Finance Insider, Business Insider's summary of the top stories of the past 24 hours. Sign up here to get the best of Business Insider delivered direct to your inbox.* One recommendation..
Business Insider

Rapper Lupe Fiasco says cryptocurrencies are like 'baseball cards,' but that blockchain can 'revolutionize' the music industry

rapper lupe fiasco says cryptocurrencies are like 'baseball cards,' but that blockchain can 'revolutionize' the music industry
· *In an interview with Business Insider, rapper Lupe Fiasco compared cryptocurrencies to speculative commodities like "baseball cards," while expounding on the ways blockchain technologies could..
Business Insider

Goldman Sachs is telling its multimillionaire clients not to worry about valuations or inflation

goldman sachs is telling its multimillionaire clients not to worry about valuations or inflation
Sharmin Mossavar-Rahmani is the CIO of the Investment Strategy Group at Goldman Sachs. She is responsible for the overall asset allocation and investment strategy within Private Wealth Management. In..
Business Insider

Treasury secretary says we can get paid more and prices won't rise. Well...

Treasury Secretary Steven Mnuchin said wages can rise without sparking inflation. Economists say Mnuchin's comment is true only in a perfect setting. In the current reality, wages and inflation will..
CNNMoney

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