Tuesday, March 10, 2020

What happened to the stock market today? - Marketplace

To explain what happened, Megan Greene, economist and senior fellow at Harvard University, spoke with “Marketplace” host Kai Ryssdal about the acceleration of the illness and its impact on global supply and demand. They also discussed how these events could play out long term.

“It depends entirely on epidemiology,” Greene said. “And none of us really have answers there. So it really depends on how far this virus spreads.”

Publisher: Marketplace
Date: 2020-03-09T22:20:47-07:00
Twitter: @Marketplace
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Not to change the topic here:

Zora: Saint Fame's Limited Edition Goods Marketplace

When it comes to leveraging DeFi for innovative business models, projects like Saint Fame are pushing the envelope on the way we create, distribute and trade limited edition goods.

Last week, Saint Fame announced their new marketplace for users to buy, sell and trade these good called Zora .

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By combining bonding curves with secondary markets like Uniswap , Zora offers a new paradigm for creators to tokenize the sale of limited edition goods – directly aiding in scarcity and value capture using DAO mechanics.

Publisher: DeFi Rate
Date: 2020-03-09T20:38:23 00:00
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FSXMarket Launches: New Marketplace for the Food Service Equipment and Supply Industry | Business

According to Co-Founders Keith Jaffee, Matt Jaffee and Michael Lyons, the idea for the site came from Keith's frustrations working in the Commercial Food Service Equipment and Supply Industry for over 30 years. " Back when I began my career in the industry, there were dealers who would be the outlet for overstock, discontinued and scratch & dent inventory. Today, due to the consolidation in the industry, the only options are auction houses or liquidators.

FSX plans to continue growing so buyers and sellers can get back in touch with this market segment. " The feedback on both sides has been strong but we are continuously working to improve the experience on both ends," says Roger Filizetti, CEO of FSX.

Date: 2020-03-09
Twitter: @businesswire
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Coronavirus fears and the marketplace: What it means for your wallet | WCBD News 2

SUMMERVILLE, S.C. (WCBD) – Stocks around the world have been dropping significantly due to news of the Novel Coronavirus spread. In fact, there was such a huge drop in the US stock market just minutes after opening, that trading was paused for a while.

Stocks dropped about 1,800 points, some 7% in the first few minutes of trading Monday, causing an automatic 15-minute pause in trading to take place. Coronavirus is one of those fears, but it is not the only one.

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Publisher: WCBD News 2
Date: 2020-03-09T19:57:47 00:00
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Check out this next:

Bonanza Marketplace Updates Sellers on Sales Tax Changes - EcommerceBytes

Online marketplace Bonanza updated sellers about changes it’s making to sales tax collection. It’s using third-party service TaxCloud to comply with Marketplace Facilitator laws passed by numerous states around the country.

“Many states have added Marketplace Facilitator Provisions to their sales tax laws. This means that Bonanza has sales tax nexus in those states, and is thereby responsible for calculating, collecting, and remitting tax for all sales made to buyers located in those states,” the company explained.

Publisher: EcommerceBytes
Date: 2020-03-09T11:24:41 00:00
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How the markets are reacting to COVID-19 - Marketplace

Global stocks plummeted on Monday due to fear surrounding the new coronavirus and falling oil prices, which saw the biggest one-day drop since the 1991 Gulf War. 

Brent crude fell 31%, while the Dow had dropped more than 2,000 points at closing. The S&P 500 also plunged more than 7% on Monday morning, triggering a “circuit breaker” that temporarily halted trading.

Here’s a look at how the major stock indices have been reacting to the news, based on their closing values:

Publisher: Marketplace
Date: 2020-03-09T20:58:20-07:00
Twitter: @Marketplace
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Facebook has banned users from selling face masks on its marketplace - here's why | Yorkshire

Facebook has banned the sale of medical face masks from the marketplace section of its app after users were found to be exploiting the service. Some people were caught selling protective equipment at extortionate prices.

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Mark Zuckerberg, CEO of Facebook, said, "Given the developing situation, we're working with national ministries of health and organisations like the WHO, CDC and UNICEF to help them get out timely, accurate information on the coronavirus. We're giving the WHO as many free ads as they need for their coronavirus response along with other in-kind support."

Twitter: @LeedsNews
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(CCHWF), (TRSSF) - Utah Takes First Steps Into Medical Cannabis Marketplace: 'They Saw The Will

Spending in the new market could reach $84 million by 2024, according to data from BDS Analytics and Arcview Market Research. 

The state health department began accepting applications March 1, and the state's first dispensary — referred to as a pharmacy in Utah — opened the following day. 

License holders are approved for various dosage forms and consumption methods. They include unprocessed cannabis flower, pills, waxes, resin, concentrated oils, topicals, transdermals and vaporizer pens.

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Publisher: Benzinga
Date: 2020-03-09
Twitter: @benzinga
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