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India Committed to Stop Cryptocurriences

It seems like Indian finance executives are in-between a rock and a hard place. The recent boom in the cryptocurrencies space has presented a complicated problem. Although the country has been clear that it supports the underlying blockchain technology. They are stoping Bitcoin and other cyprocurrences from being accepted as a form of currency for […]

Business Companies Economy

Value Investor Who’s Doubled the Market in the Last Year Sees Low Returns from Here

Meb Faber expects weak stock yields from the ‘expensive’ equities market, predicting returns as low as 4 percent. The value investor is the chief investment officer and co-founder of Cambria Investment Management, which oversees around $850 million in assets. Cambria’s Global Value ETF posted 33 percent return for the 12-month period ending June 30. CNBC […]

Business Economy

Google Told to Come Clean on How It Tracks What You Buy Offline

Privacy group wants Google to reveal where it obtains US consumers’ payment card data. Privacy rights group the Electronic Privacy Information Center (EPIC) will file a legal complaint with the Federal Trade Commission over a system Google is using to link web activity with in-store card purchases. The complaint concerns Google’s new Store Sales Measurement […]

Economy

Japan Household Spending Jumps Most Since 2015 in Sign of Sustainable Growth

Japan’s household spending in June rose 2.3 percent on-year in biggest annual gain since August 2015 Retail sales rose 2.1 percent in the year-to-June Consumer prices remained weak because of companies’ wariness about raising prices for fear of losing cost-sensitive customers Japanese household spending in June jumped the most since 2015 as job availability improved to a […]