Now include one of bitcoin dot coms founders on that side of the spectrum and the oldenburg c. T. O. And cofounder of the site recently said in an interview with break it investment in bitcoin right now i would say is the most risky investment you can make it is an extremely high risk he added ive actually sold all my bitcoins recently and switched to bitcoin cash although he only reverted to a cash spinoff his criticisms of bitcoin like the high transaction costs and amount of time it takes to complete them came as a shock to many and those surprising comments come on the heels of more bad news for crypto currency with one Major Exchange in south korea shutting down and filing for bankruptcy after suffering its second cyber attack in eight months yappy in which operates the sole based you but exchange ceased trading on tuesday in a statement yappin said the latest hack caused the company to lose seventeen percent of its total assets but didnt specify the financial value up. Its losses
This is boom bust broadcasting around the world from washington d. C. And beyond coming up disneys purchase of twenty First Century fox could mean more than just antitrust and cable bundle headaches in fact it could mean big changes Global Sports programming well talk to the aftermath of about that plus can we expect a jump in gold prices next year peter schiff of europes effect capital and gold will tell us what we can see now lets get to todays top business and financial headlines. Point might be hovering around seven hundred thousand dollars there are still plenty of critics that say its way too risky to get involved in and you can now include one of bitcoin dot coms founders on that side of the spectrum and the oldenburg c. T. O. And cofounder of the site recently said in an interview with break it investment in bitcoin right now i would say is the most risky investment you can make it is an extremely high risk he added ive actually sold all my bitcoins recently and switched to bit
Another would be candidate to become the president of egypt is arrested soldiers detained. After the armys former chief of staff announced plans to run against the current president of the c. C. Turkey who says its operation all of ground in Northern Syria is going successfully as planned. Forces take over several villages in a free in. Dies leaving behind a rich legacy of activism and music the man known as the South African king of jazz and who rallied for the freedom of Nelson Mandela has lost his battle with cancer and i are here in the comments monitoring all the told at the World Economic forum in davos throughout the show using the hash tag a. J. News greg. Miller the news were live on air were streaming online through you to face. Book live and al jazeera dot com thanks for joining us soldiers in egypt have arrested the armys former chief of staff days after sami on an announced his bid to become President Army commanders say ananda fail to obtain permission to campaign for the
We think it is a overall positive backdrop for the economy that is about to also get more tailwind from the tax policy. It suggests the job market is continuing to heal and i would be surprised if the bond market did not take this into account. This Unemployment Rate is 4 . In the last 70 years, we have never seen the Unemployment Rate at 4 when the deficit spending is set to increase from 4 deficits to 5 , so this is an economy running hot right now. Wages are gradually continuing to pick up as the Unemployment Rate comes down. There is evidence we are closing in on full employment and this is the start of a more pronounced acceleration in wages. I think this volatility in these data, i think the rush to judgment on Hourly Earnings is a little too soon. It looks like it is probably pulled in from the folks in the top end. We are very excited to see the 2. 9 growth wage number. It is what we have been talking about with you for the last year. It was really the impetus for our tax plan