Equity markets continued their uneven climb upward this year with the tech-heavy Nasdaq and the S&P 500, which has a hefty technology component, jumping 1.8% and 1.1%, respectively, even as fourth quarter earnings continued to tilt negative and a rising number of firms announced layoffs in anticipation of an economic contraction. Since the start of the year, Amazon, Microsoft, Salesforce and more recently IBM have announced job cuts.
BlackRock unveils blockchain-enabled shares for $150B cash market fund
BlackRock, the world’s largest asset supervisor, has made further strikes to include blockchain expertise into its conventional finance operations.In keeping...