Los Angeles posted 15 percent listing price gains Getty Here’s some positive housing market news from realtor.com’ s Weekly Housing Trends Report for the week ending May 23. The numbers show more new listings than in previous weeks. That’s a sign of a market kicking into more of a recovery mode. Here are some
Month: May 2020
China has passed the country’s long-awaited civil code which expands the scope of inheritance rights to include cryptocurrency, such as bitcoin. Inherited cryptocurrencies will be protected under the new law. Meanwhile, several Chinese courts have recently ruled that bitcoin and ethereum are properties protected by law. Inherited Cryptocurrencies Protected by Law The third session of
Getty In an ideal world, every older household would have had a financial buffer to cushion the blow when the Covid-19 crisis hit. Every older worker knows there’s a risk of sudden shocks to income or health, and most try to have some savings or credit lines to tap in case of unexpected medical bills
New Jersey Gov. Phil Murphy’s emergency bonding plan to patch revenue gaps caused by the COVID-19 pandemic faces an uncertain future in the state legislature. Assembly Speaker Craig Coughlin, D-Fords, is supporting Murphy’s bond proposal and scheduled a June 4 hearing about the measure, which would use the Federal Reserve’s Municipal Lending Facility for $5
Return on investment (ROI) is a financial metric that is widely used to measure the probability of gaining a return from an investment. It is a ratio that compares the gain or loss from an investment relative to its cost. It is as useful in evaluating the potential return from a stand-alone investment as it
Australia’s Covid-19 recovery faces mental health risks Australia’s top mental health official has acknowledged the country faces an uphill battle to conquer “isolation, loneliness and anxiety” caused by the coronavirus pandemic. Ruth Vine, Australia’s newly appointed deputy chief medical officer for mental health, said there was a need to focus on improving how mental health
Donald Trump has postponed the G7 summit until after the summer and pledged to invite Russia and several other nations to expand the membership beyond what he called a “very outdated” arrangement. The US president had hoped to host the leaders of the G7 nations — Germany, France, Canada, Japan, Italy and the UK —
BlackRock attracted some of the world’s largest institutional investors and sovereign funds when a major stake was sold this month, illustrating chief Larry Fink’s connections with deep sources of capital in the U.S., Middle East and Asia. Existing shareholders Wellington Management, Capital Group and Fidelity Investments were among those that bought shares when PNC Financial
Gold price today fell from Rs 46,995 to Rs 46,929 per 10 gram, while silver price was at Rs 48,435 per kilogram, according to the India Bullion and Jewellers Association (IBJA). The domestic gold futures rose by 0.34 per cent to Rs 46,565 per 10 gram on Friday, as the country remained in the fourth
It is possible that some governments attempt to confiscate gold. But it is an extremely difficult exercise to both legally and logistically conduct… by Egon von Greyerz of Gold Switzerland Will gold be confiscated? Yes, of course, it could be. Desperate governments will take desperate actions. And as the world economy is now slumping into
This week’s headlines from Japan included GMO Coin exchange polling customers on their view of digital assets, Lisk opening a base in Japan, Bitflyer showing 2019 net losses, blockchain startup LayerX securing significant funding, and two entities reported successful collaborative blockchain-based securities experiments. Check out some of this week’s crypto and blockchain headlines, originally reported
Shares of the Greek oil tanker operator Top Ships (TOPS) haven’t traded above $1 a share since early November 2019, and were most recently spotted selling for just $0.14 per share — a price they’ve more or less stuck to ever since Top Ships announced, on May 15, that it was working with investment bank
People walk by a Dollar Tree store on December 11, 2018 in the Brooklyn borough of New York City. Spencer Platt | Getty Images News | Getty Images Here are the companies making headlines in midday trading: HP Inc. — Shares of the tech company plunged more than 11% after it reported lower-than-expected revenue for
by Dr. Eowyn Using the tragic and unconscionable death of George Floyd last Wednesday, May 27, 2020, as their excuse, rioters not only have converged on Minneapolis, they are now fomenting mayhem across America, including an attack on the White House itself. We have every reason to suspect an unseen hand behind the riots. None
Pandemice-era lockdowns have heightened homeowner interest in highly customized kitchens featuring … [+] Italian craftsmanship. ITALKRAFT With COVID-19 forcing folks to hunker down over the past two months, kitchens around the country have become more than ever the heart of the home. They’re the focal point not just for cooking meals but for school work,
Sonya Carp and her husband own two short-term rental properties in Florida, and they have decided to list one for sale as a result of the coronavirus pandemic. Courtesy of Sonya Carp Consolidation is hitting the market for short-term home rentals as the coronavirus pandemic has curtailed travel dramatically this year. Small landlords and venture-backed
The Federal Reserve System was created after the “Panic of 1907” and ever since its inception in 1913, the Fed is one of the most powerful modern central banks in the world. Moreover, the Fed has always been either celebrated or criticized for stepping in whenever the U.S. is stricken with some kind of fear.
TOPLINE The market fell sharply for most of Friday as investors braced for President Trump’s announcement regarding China, but despite new sanctions and penalties, stocks turned positive after the phase one trade deal was kept intact. Trump will make an announcement regarding U.S.-China relations on Friday. Doug Mills-Pool/Getty Images KEY FACTS The Dow Jones Industrial
The California Public Utilities Commission approved PG&E’s bankruptcy reorganization plan Thursday, clearing one hurdle to its exit from Chapter 11. The investor-owned utility entered bankruptcy in January 2019 weighed down by more than $30 billion in liabilities for a series of wildfires in California that killed more than 100 people and scorched thousands of acres.
In April 2012, when Facebook acquired the photo-sharing app Instagram for around $1 billion in cash and stock, many Wall Streeters were puzzled. At the time, Instagram was less than two years old, boasted an employee workforce of 13, and had no revenue. In 2019, Instagram generated $20 billion in advertising revenue, according to Omnicore, a
The governor of Minnesota has sent in the National Guard in the biggest domestic deployment in the state military reserve’s history, as he warned of more violent protests and riots following the death of George Floyd in Minneapolis. Tim Walz, Minnesota’s governor, said more than 1,000 reserves were being deployed, in addition to the 700
Elon Musk’s SpaceX has become the first private company to launch humans into orbit, after unsettled weather over the Kennedy Space Center in Florida cleared for long enough on Saturday afternoon to allow a second launch attempt to go ahead. Nasa astronauts Bob Behnken and Doug Hurley became the first to fly in SpaceX’s Crew
Anyone eagerly anticipating Goldman Sachs’ foray into digital advice will have to wait a while longer. Goldman has decided to delay the launch of its robo advisor until 2021, Chief Operating Officer John Waldron said during a webcast presentation at Bernstein’s annual Strategic Decisions Conference. The firm is also slowing its hiring of financial advisors.
The Holdings Calculator permits you to calculate the current value of your gold and silver. Enter a number Amount in the left text field. Select Ounce, Gram or Kilogram for the weight. Select a Currency. NOTE: You must select a currency for gold first, even if you don’t enter a value for gold holdings. If
The meat shortages are not due to a lack of food, but the government’s commands. The mainstream media is desperately doing what they can to… y Mac Slavo of SHTFplan The propaganda and weaponization of the mainstream media is really ramping up as more and more people start to figure out what’s really happening. Now
Regulations are not going anywhere. On the contrary, financial service providers face more regulatory challenges and higher costs than ever before. During the early days of cryptocurrencies, a “Wild West” culture emerged when regulators, uncertain on how to tackle this thing called blockchain, paid little attention to the thefts, scams and hacks plaguing the virtual-asset
Biotechs on a tear have been a theme in 2020. Most have taken off on the hope of solving the COVID-19 vaccine or treatment conundrum. While not all have shared in the COVID related bounty, others have soared based on the premise of bringing to market other necessary solutions. Which brings us to Momenta Pharmaceuticals
The rising tensions between the U.S. and China could continue to hang over the technology sector, even though President Donald Trump on Friday stopped short of threatening Beijing with more trade actions. The president said the U.S. was ending its preferential treatment of Hong Kong and terminated the U.S. relationship with the World Health Organization
Via SchiffGold.com, The economy was booming. The stock market was setting records. Then coronavirus came along and governments shut things down to minimize the pandemic. That led to massive layoffs and a nasty recession. But once states open up, things will spring back to life and the economy will go back to being great again. That’s the
Mortgage rates hit yet another record-breaking low, but rushing to refinance may not be necessary. Getty It was another record-breaking week for mortgage rates. According to the latest data from Freddie Mac, rates on 30-year loans bottomed out again, hitting a new all-time low of just 3.15%. That’s down from 3.25% last week and 3.99%
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