News 

Mulvaney says Trump budget will include money for Mexico border wall

“Trump on Friday signed a $400 billion budget deal that sharply boosts spending and swells the federal deficit, ending a brief federal government shutdown” writes Martin Crutsinger for sun-sentinel.com. “The budget does bend the trajectory down.But he said the president’s budget for 2019 would show ways to avoid that outcome.”When we roll out the budget on Monday … you are going to get a chance to see how we can avoid that future,” Mulvaney said. Source: sun-sentinel.com Share This:

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Markets News Stocks 

EUR/USD Forecast Feb. 12-16 2018 – On shaky ground

“After stock markets calm, the common currency has plenty of reasons to rise, but winter is not over yet” writes Yohay’s Google Profile for forexcrunch.com. EUR/USD was under pressure as stock markets tanked and Draghi did not provide a helping hand.The risk-off sentiment is likely to continue, with further volatility and drops in stock markets. Source: forexcrunch.com Share This:

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News 

Breitling CEO ditched racy ads featuring women as unsuitable: Paper

“Once tipped as a potential Richemont chief executive, Kern left for Breitling abruptly in July 2017 just four months after taking over as head of Richemont’s watchmaking division” reports foxbusiness.com. “Breitling has many loyal customers and we grew during the past two very difficult years for the watch industry,” he said.New Breitling advertisements will start in May, he said, adding he planned to keep Breitling’s airplane theme, including with the company’s jet team, to maintain the watch’s appeal with the aviation community. Source: foxbusiness.com Share This:

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Markets News Stocks 

What’s really to blame for the sudden shattering of the stock market’s calm?

“A raucous week ended with the stock market posting the most brutal declines in about two years What went wrong after a lengthy period of such calm?” reports marketwatch.com. A calm market suddenly went crazy in the final two weeks leading up to Cardlytics Inc.’s initial public offering, but top executives didn’t even discuss the possibility of turning back.Fed officials may regret trying to brush off the stock market’s slump, analysts said. Source: marketwatch.com Share This:

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Crypto News 

Government websites mined cryptocurrency after being hijacked by hackers 

“A host of government websites were found to be running a power-pinching program that uses visitors’ computers to mine cryptocurrency, a process known as “cryptojacking”” writes Margi Murphy for telegraph.co.uk. The websites were infected with malware called Coinhive, which works by hiding in a website’s code, while stealing the processing power of its visitors’ devices to mine cryptocurrency.Bitcoin is a digital currency that uses decentralised technology for secure payments and storing money that doesn’t require banks or people’s names.The digital coins are stored in an anonymous digital wallet, to be…

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Why IoT startup MailHaven returned to Louisville after a Silicon Valley stint

“Ivonye says that the startup has raised its seed funding from these programs, angel investors, and family and friends” writes Holly Beilin for venturebeat.com. In addition to hardware expertise, Highway1 gave the startup some initial funding, later augmented by an additional $150,000 from the 500 Startups accelerator program.They also found an investor in a large manufacturing company called Fabricated Metals that’s based in Louisville. Source: venturebeat.com Share This:

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Crypto News Reviews 

Bitcoin News Digest Sunday, February 11, 2018

Iceland to use more energy mining bitcoin than powering its homes this year Iceland is expected to use more energy mining bitcoin than powering its homes this year.   Fundstrat’s Tom Lee explains why bitcoin and stocks crashed and burned at the same time How bitcoin’s plunge may have foreshadowed the stock market’s deep decline.   How to make money mining bitcoin and other cryptocurrencies without knowing anything about it It’s absurdly easy to start mining for cryptocurrency.   Cryptocurrency Regulation Boosts Markets China, India, Russia and the United States…

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News 

All 50 states ranked for retirement from worst to best

“However, a low score on the affordability measure kept Minnesota from being one of the best overall states for retirement” writes Matthew Michaels for businessinsider.com. On a global scale, the United States is 24th on the list of the best countries for retirement.If you decide to stay in America when you are done working, you might want to know which state is best for retirement.The same state — Minnesota — can claim to have the best quality of life and health care.Using 41 metrics in three broad categories, they were…

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