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Consumers may benefit from Smith’s cutting ties with Visa credit, economist says – KUTV 2News

by Kyle HarveySaturday, March 2nd 2019Beginning April 3, Smith's grocery stores will not accept Visa credit cards as payment. Visa debit cards will still be accepted. Corporate leaders say the fees on credit transactions are unreasonable. (Photo: KUTV)SALT LAKE CITY (KUTV) — Beginning April 3, Smith's grocery stores will not accept Visa credit cards as…

Vanguard, SoFi Lead the Latest Charge to Cut Fund Fees – Barron’s

Photograph by Annie Spratt Text size Stocks are even cheaper than you think. Money-management giant Vanguard Group revealed in its latest annual report released last Friday that it now costs $3 to own the entire S&P 500 index. Specifically, the fee on the Vanguard S&P 500 exchange-traded fund (ticker: VOO) has been lowered to 0.03%…

L Brands Stock Is Still Not a Buy Despite Promises of Change – Barron’s

Photograph by Johannes Eisele/AFP/Getty Images Text size If the first step is admitting you have a problem, then L Brands (ticker: LB) may have begun the process of fixing what caused its stock to lose more than half its value in 2018. Just don’t expect the stock to bounce anytime soon. Last March in this…

Bitcoin Price Plunge to $1,000 is Possible, Say Traders; Could it Happen?

Bitcoin 2-Year Chart (Source: Coinmarketcap.com)The last time the dominant cryptocurrency showed an extended period of stability, it dropped from the $6,000 region to $3,122, by nearly half.Some traders have suggested that BTC could become vulnerable to a similar downside movement in the near-term if it fails to demonstrate momentum.Momentum is Key, Bitcoin Has to Break…

Ripple XRP Says The Revolution Will Be Televised – What Revolution?

#BTC (3,265,958 USD) transferred from #Bitfinex to Unknown walletTx: https://t.co/BEO1WOk6x8— Whale Alert (@whale_alert) March 1, 2019However, their latest movement used Ripple’s “memo” feature to include a cryptic message:“The revolution will be televised…”Will Ripple’s Revolution Be Televised?The note is a reference to “The revolution will not be televised,” a famous quote from a 1970s song from…

Bitcoin Price Spiked 11% in February But Could Tank & Hit New Lows

Bloomberg that February’s 11% spike in the bitcoin price is encouraging, but it isn’t out of the woods yet. Greenspan noted that trading volume has rocketed to a 12-month high.After six months in the red, it’s great to finally close one in the green. What I’ve been watching lately are the number of transactions on…

As the Blockchain Hype Dies, Why Should We Care About Practical TestNets?

a vast majority of blockchain projects fizzing out or simply vanishing have become common, and those applications still around are forced to shoulder the burden and standard of the industry.In this climate, where observers are turning an increasingly critical eye to the sector and are warier than ever to new platforms making wild promises. As…

What the World Can Learn from Nigeria’s Unfolding Disaster

manifesto after Nigerians were forced to become prolific crypto traders due to the woes of the naira, which fell over 85 percent in 2016 alone. The largely impoverished North, however, voted almost unanimously for the famously statist incumbent Muhammadu Buhari.Following four years of woeful economic performance, including Nigeria’s first recession in a quarter of a century,…