Joe Biden and the Democratic National Committee raised a record $141m in June, $10m more than Donald Trump and the Republican National Committee, in a sign of how both campaigns capitalised on the month’s tumult to fill their coffers. The Biden campaign said it and the DNC had raised $282.1m in the second quarter. Mr
Month: July 2020
One of Wall Street’s hottest innovations is being hailed as the potential key to luring trillions of actively managed dollars to the booming market for ETFs. Yet two of the industry’s biggest players want no part of it for now. Vanguard and State Street say they’re in wait-and-see mode as active, non-transparent funds take their
Owner and Qualifying Broker at Rhino Realty Property Management and Rhino Realty B&B, entrepreneur, investor, advisor, author and speaker. Getty With the current climate of the world, everyone in the real estate industry is doing the best they can to navigate ever-changing rules and regulations. Historically speaking, the role of a property manager has always had its
Martin Braithwaite #19 of Barcelona during the Barcelona V Real Sociedad, La Liga regular season match at Estadio Camp Nou on March 7th 2020 in Barcelona, Spain. Tim Clayton | Corbis | Getty Images International soccer star Martin Braithwaite and his business partner Philip Michael are on a mission to convert 100,000 Black women and
Crypto 101: How to Send and Receive Bitcoin Cash Via the Bitcoin.com Wallet During the last few months in the midst of the coronavirus outbreak and faltering global economy, many individuals have shown an interest in bitcoin and other cryptocurrencies. However, oftentimes people can find the process a bit daunting because they are … read
TOPLINE The market opened higher on Thursday, despite a continued spike in new coronavirus cases across much of the country, as stocks were boosted by a bigger-than-expected jobs increase last month. The unemployment rate fell to 11.1% in June. Spencer Platt/Getty Images KEY FACTS The Dow Jones Industrial Average was up 1.7%, over 400 points,
Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here! (Kitco News) - Gold prices are trading modestly down in early U.S. trading Tuesday, following an upbeat U.S. employment report for June that showed
From a President Trump re-election win of ‘historic proportions’ to a coin toss… Editor’s Note: The purpose of this article is to stimulate critical thinking, especially for those who think Trump can’t lose in 2020. ***** (by Half Dollar) The 2020 election is now a toss-up? There used to be only one thing that could
A recent audit by a California agency raised questions about a San Diego-area school district’s decision to choose a rating agency with criteria likely to result in a higher rating for a general obligation bond sale. The full Fiscal Crisis Management Team audit released June 22 reported “significant evidence” of malfeasance by current and former
Nu Skin Enterprises (NUS) spiked 13% in extended trading on Wednesday after the skin care products maker ramped up its sales estimates for the second quarter as online transactions grow. Shares jumped to $43.45 in after-market trading. Nu Skin said it expects revenues in the second quarter to be in the range of $603
Customers dine outside at Via Carota restaurant in the West Village, New York City, June 26, 2020. Noam Galai | Getty Images Economists expect nearly 3 million jobs were created in June, as companies rehired workers they let go when the economy shut down. The monthly employment report, to be released Thursday, is surrounded by
by northmantrader Onto the dog days of summer. The first half of 2020 has been intense for all involved and the second half looks to be intense as well. Stepping back from the daily noise of headlines it may serve useful to look at the big picture. For now there is little doubt that the unprecedented
Bitcoin (BTC), in fact, crushed stock markets during the Covid-19 recovery with equity “growth” simply down to inflation, fresh data argues. Charts showing stocks denominated in gold and Bitcoin in 2020 show that far from having their best quarter in ten years, markets had no “recovery” at all. “It’s all inflation” The perspective is starkly
Good Debt vs. Bad Debt: An Overview There certainly is an argument to be made that no debt is good debt, but borrowing money and taking on debt is the only way many people can afford to purchase big-ticket items like homes and cars. While such loans usually are justifiable and bring value to the
In previous energy downturns, prices slumped but companies kept faith in their oil and gas investments. This time it might be different, as the prospect sinks in that the pandemic’s impact will endure. Executives are shifting from crisis response to the longer-term outlook. Royal Dutch Shell warned this week it would slash up to $22bn
Discount retailer Primark, which was expected to clear £1bn of annual profits for the first time this year, said the actual figure would be about a third of that level after the UK lockdown forced it to shut its stores. Shoppers queued around the block to get into Primark stores when they reopened on June
Clients who make withdrawals from their defined contribution plans under the CARES Act to cover coronavirus-related expenses may experience long-term financial strain. Those who do not pay back that money back, as permitted by the act, could find a median of 20% less in their retirement accounts when they turn 65, according to research by
Founder and CEO of SmartRent, an enterprise home automation and internet of things platform for the multifamily industry. Getty Amazon has changed our expectations as consumers. While it was once necessary to visit a number of stores to buy clothes, books and household products, it can now all be delivered through one e-commerce platform, often within
A real estate agent readies a house for viewing in Venice, Calif. Anne Cusack | Los Angeles Times | Getty Images The surge in mortgage demand from homebuyers over the past two months appears to be waning, even as mortgage rates continue to drop. Mortgage applications to purchase a home fell for the second straight
Crypto 101: How to Send and Receive Bitcoin Cash Via the Bitcoin.com Wallet During the last few months in the midst of the coronavirus outbreak and faltering global economy, many individuals have shown an interest in bitcoin and other cryptocurrencies. However, oftentimes people can find the process a bit daunting because they are … read
TOPLINE Despite a surge in coronavirus cases across the country, the market finished mostly higher on Wednesday—the first day of the third quarter, after stocks got a boost from positive coronavirus vaccine news and strong U.S. economic data. Stocks moved higher to start the third quarter. Angela Weiss/AFP via Getty Images KEY FACTS The S&P
NEW DELHI: Gold and silver saw profit booking in the morning session on Thursday but fast rising coronavirus cases kept the losses in check. Optimism over a potential vaccine and better than expected economic readings lifted investors’ appetite for riskier assets. A Covid-19 vaccine developed by German biotech firm BioNTech and US pharmaceutical giant Pfizer
What a difference in the gold and silver prices since yesterday, eh? by Steve St Angelo of SRSrocco Report What a difference in the gold and silver prices since yesterday, eh? On the last day of trading in June, both gold and silver hit important technical levels. Gold closed at $1,800, and silver closed at
Preston Hollow Capital LLC is aiming to parlay one court’s conclusions that Nuveen Investments used “threats and lies” to undercut its business into a defamation ruling in another court. PHC’s original case accusing Nuveen of defamation, antitrust and unlawful business interference ended with an April opinion from the Delaware Chancery Court finding that Nuveen had
Kylie Cosmetics are displayed at Ulta beauty on November 18, 2019 in New York City. Kylie Cosmetics has sold a controlling stake to Coty Inc for a reported $600 Million. Coty Inc plans to buy 51% and the controlling share of Kylie Cosmetics, valuing it at $1.2 billion. Kylie Jenner will remain the public face
Via International Man International Man: While many have been distracted by the unrest in the US, tensions with China are soaring. Recently, Beijing passed a national security law that would undermine Hong Kong’s autonomy. What comes next for US-China relations? Doug Casey: I lived in Hong Kong, on and off, from 1985 to 2005. When
On June 30, a Russian criminal court denied a motion to provide restitution to a victim of what would in many jurisdictions be a felony, arguing that Bitcoin (BTC), as a virtual currency, does not enjoy the same property protection as other assets. The case goes back to 2018, when the two men impersonating Federal
The global foreign exchange (forex) market is the largest and most actively traded financial market in the world, by far. When looking for the ‘best’ forex broker, both beginners and experienced traders generally look for several key features and benefits. Among the most important of these are fees (including spreads and commissions), trading platform(s) (including
Cathy Ho and her four siblings have had enough of Hong Kong. Months of pro-democracy protests in the Asian financial hub last year followed by China’s imposition on Tuesday of a draconian security law on the territory have convinced them the time has come to escape the turmoil by immigrating to other countries. Ms Ho,
US reports more than 50,000 new cases for first time ever Peter Wells in New York The number of new coronavirus cases in the US topped 50,000 for the first time on Wednesday, led by record increases in California, Texas and Arizona that have emerged as some of the new hot spots for the virus