When you think of Medicare, you probably assume that it’s for people of retirement age. That’s true, but the program covers more than just those who have worked all their life. You might be eligible right now and not know it. That’s because while the bulk of beneficiaries, more than 80%, are people aged 65 or
Month: August 2020
Apple CEO Tim Cook greets customers at the grand reopening of Apple’s flagship Apple Fifth Avenue retail store on September 20, 2019 in New York City. Taylor Hill | Getty Images Shares of Apple and Tesla rose sharply on Monday, the first day after their recently announced stock splits took effect, as investors continued to
Argentina has successfully restructured almost all of its $65bn debt with private creditors in a major milestone that will enable the country to put an end to its ninth sovereign debt default. Martin Guzmán, Argentina’s economy minister, announced on Monday that 99 per cent of creditors had accepted his government’s offer, which extended maturities on
Before enrolling in a Tokyo arts college for the April school year, one 18-year-old Japanese woman had expected student life to be full of new encounters combined with rigorous practical training. But instead, coronavirus has forced her to sit at home every day for months in front of her computer taking classes online. Now, as
Q: With everything going on involving the coronavirus pandemic, what would you say is the most important thing broker-dealers should be focused on at this time? A: I generally say the most important thing broker-dealers, or any business, should be focused on is their business continuity plan (sometimes referred to as a disaster recovery plan).
Former Trump chief of staff Mick Mulvaney says a Joe Biden presidency would cause an “avalanche” of regulations. Some economists have also voiced concerns that the Biden administration would lead to a stock market pullback. This has led many crypto analysts to ponder what impact a strong stock market correction would have on the price
Lesson #1: Keep it simple. Maxwell Ryan While parents and administrators were hoping school would resume in the fall, that simply isn’t case for many children. While some schools have opened back up, others are entirely online or using a hybrid model. Then there are parents who are opting out altogether in favor of traditional
The blockchain surveillance firm Ciphertrace claims to have created the “world’s first” monero tracing tools for law enforcement. According to the company announcement, Ciphertrace developed forensic tools for the U.S. Department of Homeland Security (DHS) in order to track illicit monero transactions. Despite the firm’s claims, there is zero evidence provided that prove the company
A century after winning the right to vote and in the midst of a pandemic, female fund managers are outperforming their male colleagues on Wall Street. That is according to a team of equity strategists at Goldman Sachs, who crunched the numbers in honor of 2020, which marks the 100th anniversary of the 19th amendment’s
Lori Lightfoot, mayor of Chicago, speaks after being sworn in during an inauguration ceremony in … [+] Chicago, Illinois, U.S., on Monday, May 20, 2019. Chicago makes history Monday as Lightfoot becomes its first black, female mayor after sweeping all 50 wards by promising to reform the third-biggest U.S city. Photographer: Daniel Acker/Bloomberg © 2019
Municipals were steady Monday, with yields across the curve finishing out the day unchanged after the recent market correction. Yields barely budged off last week’s higher levels. In the primary, a New York State issuer is coming to market with an affordable housing deal that it has designated as “social” bonds as environmental, social and
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 modestly up and silver prices sharply higher in midday U.S. trading Monday, supported by a slumping U.S. dollar
“…markets naturally flow then ebb, taking two steps forward before retreating one step back. Their price action gradually meanders around…” by Adam Hamilton of Zeal LLC The silver miners’ stocks have had a roller-coaster ride of a year, getting sucked into March’s stock panic before skyrocketing out in a massive upleg. While much-higher prevailing silver
The coronavirus has thrust many previously unknown pharma companies into the spotlight. You can certainly place Sorrento Therapeutics (SRNE) on this list. The company’s unique approach to fighting COVID-19 has resulted in sky scraping surges, yet it hasn’t all been plain sailing. The Yale School of Public has recently won an FDA emergency approval for
Apple CEO Tim Cook delivers the keynote address during the 2019 Apple Worldwide Developer Conference (WWDC) on June 03, 2019 in San Jose, California. Justin Sullivan | Getty Images Check out the companies making headlines midday Monday: Apple — Shares rallied 3.5% as its long-awaited 4-for-1 stock split took effect. That gain made the tech
BY SVEN HENRICH The panic buying we’re seeing in $TSLA and $APPL today, following the historic runs into the stock splits effective today, firms my view that we are setting up for something sinister in markets. To be sure we live in strange times, even some bulls are capitulating giving up completely on rationalizing the
Pre-Qualified vs. Pre-Approved: An Overview Most real estate buyers have heard that they need to pre-qualify or be pre-approved for a mortgage if they’re looking to buy a property. These are two key steps in the mortgage application process. Some people use the terms interchangeably, but there are important differences that every homebuyer should understand.
Trader on the floor of the New York Stock Exchange Getty Images Mutual funds managed by women are outperforming those managed by men this year as higher relative exposure to technology names drives performance, according to new research from Goldman Sachs. The firm found that 43% of women-managed funds — as defined by those with at
For nearly a decade, Israeli businessmen chasing lucrative deals in the oil-rich United Arab Emirates would board a private jet in Tel Aviv and head instead to neighbouring Egypt, one of only two Arab countries with relations with Israel. A five minute layover — dubbed the “diplomatic stop” — at Sharm El Sheikh airport on
When Sumner Redstone passed away, ViacomCBS, the media empire he carefully curated, had an enterprise value of roughly $40bn. Included in the colossus: the CBS broadcast network, film studio Paramount, book publisher Simon & Schuster and cable networks MTV and Comedy Central. Together it contains some of the most successful creative minds in the world.
Say what you will about 2020, this chaotic and trauma-filled coronavirus year. But between now its end, advisors have a rare opportunity to proactively engage our clients in tax and estate planning issues that will impact them and their families for decades to come. The inciting event, of course, is the upcoming presidential election. Although
Binance Card, a newly launched cryptocurrency debit card powered by Binance and the Binance-owned crypto commerce company Swipe, could soon enter the United States. This is all thanks to a new partnership which unlocks direct USD deposits for users in the country. Announcing the news to Cointelegraph on Monday, Swipe representatives said that USD checking
Many places with lake houses have activities year-round. getty Nothing says summertime bliss like hanging out in a lake town, watching the glowing sun set in the company of friends and family, sightseeing, visiting the local farmers market for fresh veggies and kicking back in a cozy cabin. “At a time when many Americans are
A lot has changed during the last month, as the popular decentralized finance (defi) ecosystem has swelled considerably in value. Since the first week of August, the total value locked in defi jumped over 85% in 27 days from $4.2 billion to $7.88 billion on August 30. The total value locked (TVL) in the decentralized
WASHINGTON, Aug. 27, 2020 — Photo taken on Aug. 27, 2020 in Arlington, Virginia, the United States, … [+] shows a screen showing U.S. Federal Reserve Chairman Jerome Powell delivering a speech to the Kansas City Fed’s annual Jackson Hole research conference, which is held virtually this year because of the pandemic. Jerome Powell announced
Rhode Island Gov. Gina Raimondo is convening an eight-member municipal resilience task force, which she said will craft recommendations to build economic resiliency and curb costs to prepare for a post-COVID-19 future. The group, which the Rhode Island League of Cities and Towns requested, will consist of municipal, state and private sector leaders. “Now is
Gold rose 2% after the Fed’s new monetary policy strategy which suggested that the U.S. central bank’s key overnight interest rate, already near zero, would stay there for potentially years to come. Gold has gained nearly 30% so far this year, notching an all-time high of $2,075 earlier this month, as investors seek to buy
Everyone who used to voice that they wanted true freedom has silenced themselves since Trump’s election. That’s not a coincidence or an accident… by Mac Slavo of SHTFplan Admittedly, this was difficult for me and many others to come to terms with. But we don’t choose the president, they are selected by the Federal Reserve,
MGM Resorts International informed its staff that it would lay off 18,000 furloughed employees in the US as the casino operator grapples with the financial fallout resulting from the coronavirus-induced travel restrictions. MGM (MGM) will start the streamlining measure on Monday, according to a letter from its CEO Bill Hornbuckle to employees and seen by
by Michael Snyder In modern American history, we have never seen such a sudden mass exodus away from our major cities. Overall, the U.S. economy is a complete and total disaster in 2020, but moving companies and real estate agents that work in desirable rural and suburban areas are absolutely thriving right now. Each weekend we
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