ccn.com
ccn.com
CCN.com, also known as CCN Markets, was founded in the summer of 2013 in Norway by serial entrepreneur Jonas Borchgrevink as “CryptoCoinsNews.com”. Although bitcoin gained plenty of coverage in mainstream media, there were few crypto-focused online publications at the time. CryptoCoinsNews quickly became one of the largest and most trusted cryptocurrency news outlets, and the team behind it expanded rapidly. In 2017, CCN.com received an offer to purchase CCN.com. We accepted the offer and moved our entire site from CryptoCoinsNews.com to CCN.com in the fall of 2017.Source
Asker, Norway
Founded 2013
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Soaring Inflation and Crashing Home Sales: Coronavirus Devastates China's Economy

Soaring Inflation and Crashing Home Sales: Coronavirus Devastates China's Economy

From surging inflation to collapsing home sales, China is reeling from the month-old coronavirus epidemic.Coronavirus is : Inflation surged in January, home sales plunged in the first week of February and GDP growth is expected to be 1 percentage point lower in 2020.As the true cost of Beijing’s coronavirus cover-up adds up, the Communist Party is over their mishandling of the epidemic.The first week of February was particularly grim for Chinese real estate. New apartment sales dropped a staggering 90% from the same period a year ago, according toThe resale market was also hit hard:...

February 11, 2020
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Coronavirus Threat Set to Trigger a Massive U.S. Housing Market Crash

Coronavirus Threat Set to Trigger a Massive U.S. Housing Market Crash

Chinese customers could pull out of the U.S. housing market thanks to coronavirus, which could weaken demand and cause a crash.A low mortgage rate environment and have been tailwinds for the U.S. housing market over the past year. But the coronavirus epidemic is one big threat that could cause the U.S. housing market bubble to burst at last.Realtor.com reports that the effects of the coronavirus outbreak in China could have on the U.S. housing market thanks to the influence that Chinese investors exercise stateside.Citing data from the National Association of Realtors, Realtor.com says that...

February 11, 2020
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Bank of America Profits Cut in Half as Coronavirus Threatens U.S. Debt Bubble

Bank of America Profits Cut in Half as Coronavirus Threatens U.S. Debt Bubble

Profits at Bank of America and other financial institutions have fallen dramatically as they set aside billions for loan losses during the coronavirus crisis. Bank of America (NYSE: BAC), Goldman Sachs (NYSE: GS) and Citigroup (NYSE: C) have recorded near-50% falls in their first quarter profits. Yes, that’s right. The coronavirus pandemic didn’t kick in until the end of March, but the banks’ profits have virtually halved as they set aside billions for potential loan losses. But with , the coronavirus pandemic could result in loan losses much larger than a few billion. . So with the...

April 15, 2020
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Bernie Sanders Slams Delta Air Lines on Pay, Company's CEO Claps Back

Bernie Sanders Slams Delta Air Lines on Pay, Company's CEO Claps Back

By : U.S. Senator (I-VT) is the poster child for the “Get Off My Lawn” cranky old man. He’s also a self-proclaimed Democratic socialist as well as a hypocrite and has no problem spreading lies to push his own agenda. Case in point: Bernie Sanders, , and eight other commie Senators to Delta Air Lines, scolding the company for paying workers $9 an hour while the CEO pulled down $40 million in compensation and pushing for worker unionization. Parsing a portion of the letter reveals lies and hypocrisy from the far-left politicians: “Mr. Bastian, you earned almost $40 million in the last two...

May 23, 2019
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Professor Says Coronavirus is Infecting 50,000 a Day, and He May be Right

Professor Says Coronavirus is Infecting 50,000 a Day, and He May be Right

Disease analyst estimates coronavirus is infecting 50,000 people/day in China. Evidence suggests his model is more reliable than government's.In a video published Thursday, infectious disease scientist Professor Neil Ferguson said coronavirus could be infecting around 50,000 people a day in China. Worse, he estimates the cases will double every five days. Those numbers are baffling.Ferguson’s model estimates that China has only detected 10% of total coronavirus cases. Judging by the official infection numbers coming out of China, he may be right.For over a week, China has consistently...

February 11, 2020
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Dow Jones Chokes on Morgan Stanley’s Devastating Lockdown Timeline

Dow Jones Chokes on Morgan Stanley’s Devastating Lockdown Timeline

Morgan Stanley analysts predict a series of rolling coronavirus lockdowns stretching well into 2021, or until a vaccine is found. America will remain in a state of rolling lockdowns for the next 18 months, according to analysis from Morgan Stanley and the Fed’s Neel Kashkaria. This brutal dose of reality hit the stock market hard. The Dow Jones Industrial Average (DJIA) fell more than 400 points on Easter Monday. Although New York continues to flatten the curve in terms of coronavirus numbers, talks of re-opening the economy have fallen flat. Morgan Stanley’s biotech analyst Matthew...

April 13, 2020
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Goldman Sachs Said the Economy Was Recession-Proof. It Couldn't Have Been More Wrong

Goldman Sachs Said the Economy Was Recession-Proof. It Couldn't Have Been More Wrong

Goldman Sachs said in December the U.S. economy was recession-proof, but the coronavirus has proven just how empty its forecast is. Goldman Sachs lied to you. Okay, it didn’t lie, but in , it set investors up for a fall. And it wasn’t the only one, because many analysts were predicting good things for in 2020. Of course, none of them had . This was a “black swan” event, many ended up claiming. The thing is, “Black Swan” author Nassim Nicholas Taleb has explicitly said it wasn’t. They, along with national governments, could have foreseen a global pandemic. But the fact they didn’t reveals...

April 13, 2020
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Here's Why High Interest Loans Will Bankrupt Ford

Here's Why High Interest Loans Will Bankrupt Ford

Ford's credit downgrade has become a self-fulfilling prophecy. The company's high borrowing costs will further strain its cash flow. Ford Motor (NYSE: F) is working hard to keep itself afloat amid the coronavirus pandemic. But some of the company’s strategies may end up doing more harm than good over the long term. Despite recently being downgraded to junk status, Ford’s management has decided to with interest rates over 9%. This comes at a time when the automaker expects to see revenue and cash flow drop dramatically due to global lockdowns and impending recession. The new junk loans will...

April 19, 2020
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Biden's Transgender VP Claim Reeks of the Usual Desperate Pandering

Biden's Transgender VP Claim Reeks of the Usual Desperate Pandering

With Biden's history of pandering, the possibility of a transgender Biden VP doesn't seem too far outside the realm of possibility. Although Joe Biden has , today, Moe Vela, one of his former senior advisers, speculated the . With his history of pandering, this possibility doesn’t seem too far outside the realm of possibility. At the end of March, , making it a part of his official platform – ? Biden adopted this policy so nonchalantly it almost didn’t seem like it was something Bernie had been preaching about since 2016. If we’re mentioning nonchalance, recall when on the debate stage...

April 14, 2020
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Meghan Markle & Prince Harry's Tabloid Blacklist Will Backfire Hilariously

Meghan Markle & Prince Harry's Tabloid Blacklist Will Backfire Hilariously

Prince Harry and Meghan Markle have cut ties with four U.K. tabloids, but this hypocritical move is going to backfire hilariously. Prince Harry and Meghan Markle don’t want a quiet life. Yesterday, they sent a letter to four British tabloids: the Sun, the Daily Mail, the Mirror, and the Daily Express. The couple ceremoniously announced they would no longer respond to inquiries from journalists from these papers. The reason? They accused these titles of publishing “distorted, false, or invasive” stories about them. They claimed that the reporting comes with “a real human cost” that “affects...

April 20, 2020
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