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financial news

127 Results / Page 14 of 15

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Business & Lifestyle

Bitcoin hits new market low as price trades below $6,000

(Heartland Newsfeed) -- Bitcoin prices sunk below $6,000 in market trading Friday, busting below an already established low for 2018. Based on an average of all major Bitcoin exchanges, the average price of Bitcoin sunk to $5,938.18 at 3:51 PM CDT, surpassing a prior market low of $5,947, which took place in early February. As of publication, prices have recovered to an average of nearly $6,138 since the new low was established, but it shows brief signs of relief as […]

todayJune 22, 2018 4

Business & Lifestyle

Commentary: Supreme Court decision a slap to the face of small businesses

(Heartland Newsfeed) -- A U.S. Supreme Court decision made today marks yet another slap to the face of the free market and another example of the government intervening on behalf of Big Business. The recent decision now forces e-commerce retailers to pay (and essentially, charge) sales taxes, just like the ancient brick-and-mortar retailers do. Misinformed politicians like Andy Manar (D-Bunker Hill) claims this is a victory for downstate communities who have "claimed" economic decimation due to online shopping. It is […]

todayJune 21, 2018 8

Business News

The future of agriculture grows at fairs

The importance of agriculture is abundant — from the food we eat, the major industries it supports and the benefits it provides to our environment. But looking ahead, in order for agriculture to continue to advance, it’s essential to educate and inspire young minds, invest in the next generation and turn today’s youth into tomorrow’s leaders. That’s where youth agriculture organizations come in. According to Christi Korzekwa, senior vice president of marketing at Tractor Supply Company, the nation’s largest rural lifestyle […]

todayJune 9, 2018 5

Business & Lifestyle

McAfee announces bid for presidential race in 2020

LEXINGTON, Tenn. (Heartland Newsfeed) -- With much speculation about the 2020 presidential race, a former candidate has once again tossed his name in the ring for top elected office in the nation. Well-known cryptocurrency enthusiast and information security legend John McAfee, who started his race for the presidency in 2016 under the banner of the Cyber Party and ultimately, the Libertarian Party, announced Sunday afternoon in a tweet that he has decided to run again in 2020. He considered options […]

todayJune 4, 2018 12

Business & Lifestyle

Coinbase hit with two class-action lawsuits, one claiming insider trading

SAN FRANCISCO (Heartland Newsfeed) -- The popular cryptocurrency exchange Coinbase will be facing two new class-action lawsuits in Federal court, one of which accuses the exchange of insider trading. The first suit, filed Thursday, claims that Coinbase employees unfairly profited from the December listing of Bitcoin Cash (BCH), citing that the August spinoff from Bitcoin (BTC) and December 19 trading launch resulted in the price skyrocketing to nearly $1,000. Additionally cited that while this news was a surprise to everyone, […]

todayMarch 6, 2018 13

Capital Area Region

House bill would require referendum before local tax hikes

SPRINGFIELD (Heartland Newsfeed) -- Local lawmakers in the Illinois General Assembly could be prevented from passing tax hikes without voter permission. With passage, the state's voters will have to vote on a referendum as to whether or not tax hikes should be passed. Following years of continued abuse by state and local governments in the form of tax hikes, Illinois have realized their entitlement to vote with their feet, according to a report from the Illinois Policy Institute think tank.   […]

todayFebruary 4, 2018 4

Business & Lifestyle

State Rep: Bitcoin and blockchain here to stay as Illinois leads the way

CHICAGO (Illinois News Network) -- With the soaring price of digital currency Bitcoin, and the Chicago Mercantile Exchange Group set to launch futures beginning Dec. 17, one state representative says the technology is here to stay. Bitcoin broke $19,000 per coin Thursday before dropping 20 percent and then settling at more than $16,000. That’s more than triple what it was just three months ago. Back in 2010, Bitcoin prices were around $30. CME Group said on its website the value […]

todayDecember 8, 2017 4

Business & Lifestyle

Decatur passes budget out of balance by $3 million

DECATUR (Heartland Newsfeed/Illinois Policy Institute) -- As its population and tax base erode, the city of Decatur passed a budget for fiscal year 2018 more than $3 million in the red. The Decatur City Council passed a budget more than $3 million out of balance Dec. 4, citing growing costs and declining revenues. The shortfall is a combination of deficit costs and a decline in multiple revenue streams – including revenue from sales taxes, cables taxes and hotel taxes, which […]

todayDecember 7, 2017 11

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Business & Lifestyle

Downstate Republican senator: Illinois should legalize marijuana

SPRINGFIELD (Illinois News Network) -- Add a Republican senator from Central Illinois to the growing list of Illinois lawmakers who say the state should legalize recreational marijuana. State Sen. Jason Barickman (R-Bloomington) says he is ready to support legal, recreational marijuana if the law is written correctly. "I think fiscal conservatives need to be in this debate," Barickman said Tuesday. "It is inevitable that this is going to happen. Our opportunity is either to sit on the sidelines and watch […]

todayDecember 7, 2017 8

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