Nearly 50 representatives from U.S. financial giants and cryptocurrency startups are set to meet with Washington lawmakers this week to talk through what some say is an incomplete and murky regulatory landscape. Rep. Warren Davidson, R-Ohio, is hosting a roundtable, “Legislating Certainty for Cryptocurrencies,” on Tuesday and asking industry experts to weigh in on how
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“An inverted yield curve doesn’t cause a recession,” said Matt Toms, chief investment officer for Voya Financial. “People get confused about the causality on that front.” It does, however, provide a strong reminder that economic cycles and bull markets don’t last forever. Toms, for one, thinks the Federal Reserve Bank will pause on its path
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Comstock Resources: “We’re not going down the speculative food chain when it comes to oil and gas. That always tends to be a mistake. [For] the charitable trust, I’ve been telling club members of ActionAlertsPlus.com it’s a simple one. You buy BP and you get that 5 percent yield while you wait for oil to
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Wall Street wasn’t pleased with Red Hat’s second-quarter revenue miss on Wednesday, but the software company’s outlook is much brighter than this quarter made it seem, Red Hat President and CEO Jim Whitehurst told CNBC on Friday. An open-source software provider that helps enterprises get onto the cloud, Red Hat gets much of its business
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