business news

Coinbase snags an executive from the New York Stock Exchange as it tries to become the Google of crypto

The New York Stock Exchange lost an executive to cryptocurrency exchange Coinbase, according to a blog post by the company.  Eric Scro is set to join the San Francisco-based company as vice president of finance.  Coinbase, which has been at the heart of the crypto boom, told Business Insider it …

business news

There’s chaos around the White House over Trump’s big tariff announcement

President Donald Trump is set to make an announcement about new tariffs on Thursday. But no one, even in the White House, seems to know what to expect. The confusion suggests a volatile rollout of the massive trade policy. President Donald Trump is scheduled to sign an order to impose …

business news

The Trump administration is pulling the economy in 2 directions and creating problems for the Fed

Federal Reserve officials, who were just revising up their forecasts for economic growth, are now faced with the prospect of an escalating trade war. Policymakers are taking a wait-and-see approach to assessing the economic effects of President Donald Trump’s signaled protectionism, but many are warning against the dangers of retrenchment. …

business news

Amazon has the potential to upend a booming investment business, and it’s keeping industry insiders up at night

Amazon is said to be in early talks with banks to launch a checking-account product. That’s breathing new life into the idea that the company could take on other areas of finance. Amazon brings a few things to mind for most users. Today’s deals. Gift cards. But could that soon …

business news

YouTube may be Google’s most potent weapon against Facebook (GOOGL, FB)

YouTube may give Google a leg up in its battle with Facebook over supremacy in the digital advertising market. US consumers already spend more time watching YouTube videos than they spend on Facebook — and that lead is likely growing, Pivotal Research Group noted in a research report Tuesday. While …