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President Trump Just Delivered A Death Blow to Amazon

President Trump just issued landmark anti-counterfeiting regulations. The new customs framework addresses the problem of counterfeit goods. It will put Amazon on the hook for policing counterfeit goods. The Trump administration’s move fundamentally threatens Amazon’s operating cost structure and its long-term growth strategy. Amazon (NASDAQ:AMZN) has an existential challenge ahead. The Trump administration unveiled new…

President Trump Complains to Apple’s Tim Cook About iPhone Non-Issue

President Trump is tweeting, and this time it’s about his iPhone. Trump called out Apple CEO Tim Cook for seemingly replacing a button with a swipe. Trump and Cook have a cordial relationship. Sorry Apple fans, Donald Trump is not happy with the new iPhone. In an amusing tweet, the U.S. president directly addressed Apple…

President Mike Bloomberg Could Propel A Bigger Dow Bump Than Trump

As stock market-friendly Joe Biden slips in the polls against Elizabeth Warren, centrist candidate Michael Bloomberg is itching to dive into the fray for the 2020 election. The three-term New York Mayor and multi-billionaire looks certain to run for president if Biden’s run peters out, and that could be great news for the Dow Jones.…

Incoming ECB President Advocates “Open” Crypto Regulations – CCN.com

Incoming European Central Bank President Christine Lagarde advocates for an open approach to cryptocurrency regulation. | Image: ShutterstockChristine Lagarde, the chairman of the International Monetary Fund (IMF) and presidential nominee for the European Central Bank (ECB), has urged regulators to remain “open” to the opportunities presented by distributed ledger technology when developing crypto regulations.During a statement delivered…