Sunday, April 6, 2025
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Dow Lacks Conviction as Coronavirus Threatens Consumer Spending

The Dow Jones Industrial Average (DJIA) lacked conviction during the week’s final trading session. U.S. consumer spending slowed significantly in January as the coronavirus epidemic began to filter into consumer behavior. Health officials warned Americans to brace for a U.S. outbreak, meaning coronavirus could weigh on the economy for months to come. The

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Holiday Spending up 14.6% as E-Commerce Beats Brick-and-Mortar

E-commerce sales hit record highs this year as Americans continue to move their holiday shopping online.According to Mastercard’s SpendingPulse report, online retail grew 18.8% over last year’s holiday season. That’s enough to make online sales a record 14.6% of holiday shoppers total spend, the report says.Online consumers this year spent

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Researcher Breaks Grin’s ‘Privacy’ Spending Just $60 Per Week

Mimblewimble, a privacy-focused blockchain protocol, is allegedly not private at all. According to an expert at blockchain research firm Dragonfly Research, Mimblewimble's privacy is fundamentally flawed, which he reportedly proved by discovering the exact addresses of senders and recipients for 96% transactions of Mimblewimble’s privacy-centric coin Grin (GRIN).Ivan Bogatyy,

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