It has been going on for decades, and news of convictions & settlements is coming fast. Is the manipulation over? Don’t think for a… by Craig Hemke via Sprott Money News The news of convictions and settlements is now coming so fast that it can be hard to keep up. So today, let’s try to
Month: September 2020
NextEra Energy (NEE) made an attempt to buy peer Duke Energy Corp., the Wall Street Journal reported on Tuesday. However, Duke turned down NextEra’s takeover approach. Shares of NextEra Energy were marginally down, while Duke Energy gained 6.8% in the extended trading session amid deal speculations. According to the report, NextEra Energy is “testing the
Traders wear masks as they work on the floor of the New York Stock Exchange as the outbreak of the coronavirus disease (COVID-19) continues New York, May 27, 2020. Lucas Jackson | Reuters Tuesday’s sell-off and recovery after a three-day bounce signals continued stock market volatility, and the possibility that the correction is not yet
by Ian56 Trump needs to take Arizona, Florida, Iowa, North Carolina and Ohio.He will then need 12 more Electoral College Votes to take the election. These could come from any one of the following 3 options:Pennsylvania (20)Michigan (16)Wisconsin (10) plus New Hampshire (4) Trump’s support is likely being under reported by circa 5% in Corporate
Overall, it is much easier to invest in a publicly traded firm than a privately-held company. Public companies, especially larger ones, can easily be bought and sold on the stock market and, therefore, have superior liquidity and a quote market value. Conversely, it can be years before a private firm can again be sold and prices
An indoor farming start-up that heralds itself as the future of agriculture and has Martha Stewart on its board announced Tuesday it is going public through a reverse merger, the latest in a series of blank-check deals during the coronavirus pandemic. Kentucky-based AppHarvest is merging with special purpose acquisition company Novus Capital Corp., while picking up $475 million
Germany is to impose strict restrictions on social gatherings, as chancellor Angela Merkel warned that Germany could be facing more than 19,000 new infections a day by Christmas unless more efforts were made to curtail the spread of coronavirus. Authorities also imposed a minimum fine of €50 for anyone giving false contact details in bars
Peter Spiegel, US Managing Editor This is how I’ve been preparing for tonight’s event: re-watching old Saturday Night Live parodies of previous presidential debates. Here are my top five: — Chevy Chase as Jerry Ford — He did nothing to try to look like the president, but Chase’s depiction of Ford did as much to
Wells Fargo’s CEO makes me wonder: Which other leaders in the financial services quietly share his views? In a company memo this past summer, Wells’ Chief Executive Charlie Scharf blamed his company’s lack of diversity on “a very limited pool of Black talent to recruit from.” The day after it became public this month, Scharf
U.S.-based cryptocurrency exchange Waves.Exchange, which supports the price-stable multi-asset Neutrino protocol, is introducing a way for crypto traders to earn passive income through stablecoin staking. According to a Sept. 29 announcement from Waves, the exchange has expanded its tokenized assets ecosystem to include seven different Neutrino stablecoins — synthetic versions of national currencies — through
Fall for these fabulous home accents Rachel Havel Bluebird In A Box Because the pandemic has changed the rules of everything, fall decor doesn’t have to mean wreaths and pumpkins this year. It doesn’t even have to be remotely autumnal. Rather, it’s about expressing yourself in a place where you’re spending a whole lot more
People wait to visit a house for sale in Garden City, Nassau County, New York, the United States, on Sept. 6, 2020. Xinhua News Agency | Getty Images Strong demand from homebuyers in July, coupled with rock-bottom mortgage interest rates, caused home prices to accelerate in major markets across the nation. Nationally, home values rose
The decentralized exchange (dex) built on Ethereum, Uniswap has accumulated a whopping $2 billion in total value locked (TVL) this week. Tuesday’s data shows out of all the decentralized finance (defi) application’s Uniswap dominates the $11 billion landscape by over 18%. Just recently, the defi space has touched a few new milestones as the ecosystem’s
The Medicare Plan Finder has some big pluses and minuses. 65 Incorporated Over the last few months, it seems as though every time I visit the Medicare Plan Finder, something has changed – an interactive map, different fonts and layouts, new filters and more. However, there is one change that rises to the top of my
Municipal bond buyers got their first taste of this week’s new deals on Tuesday while munis traded flat, with yields steady along most of the AAA scales. “The municipal bond market is little changed,” ICE Data Services said, adding that “the high-yield market has a weaker tone.” A continual theme for September has been anemic
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) - It’s not quite a billion dollars, but the Commodity Futures Trading Commission (CFTC) announced Tuesday that it has settled its spoofing
Rather than right the ship, the “easy fix” is to distribute “free money”–not just to billionaires and corporations but to everyone... by Charles Hugh Smith via Of Two Minds Rather than right the ship, the “easy fix” is to distribute “free money”–not just to billionaires and corporations but to everyone. The system of collecting taxes
Put one “Battery Day” in the books, folks. On Tuesday, Sept. 22, CEO Elon Musk finally held his long-awaited presentation running down everything Tesla (TSLA) plans to do over the next decade to cut the cost of batteries, and extend the range (and lower the price) of Tesla’s electric cars. One of the key revelations:
Sanjay Mehrota, CEO, Micron Scott Mlyn | CNBC Check out the companies making headlines after-hours Tuesday: Regeneron Pharmaceuticals — The pharmaceutical company said trial data for its coronavirus antibody cocktail showed it reduced “viral levels and improved symptoms in non-hospitalized COVID-19 patients.” Regeneron shares were halted in after-hours trading. Micron Technology — Micron shares rose
by Martin Armstrong The central banks have been digging deeper and deeper into their monetary toolboxes in a vain hope of cushioning the COVID-19-induced shock, which has been orchestrated by this global effort to CRUSH the economy and redesign it in their image of a fossil-free world. The fake pandemic aside, the notion that the banks were
When most people challenge deeply ingrained wisdom about finances, they’re greeted with eye rolls. When one of the world’s most successful financial gurus is the contrarian, people listen. Such was the case with Warren Buffett’s 2013 letter to Berkshire Hathaway investors, which seemed to challenge one of the longstanding axioms about retirement planning. Buffett noted
EY was warned in 2016 by one of its own employees that senior managers at Wirecard may have committed fraud and one had attempted to bribe an auditor. The revelation that an EY employee identified suspicious activity at Wirecard four years before the payments group imploded in Germany’s largest postwar corporate fraud will increase the
Britain and Canada have imposed sanctions against Alexander Lukashenko, the Belarus president, and other high-profile regime figures. The sanctions are due to come into force from Tuesday and include a travel ban and asset freeze. It is the first time the UK has targeted a national leader with its own sanctions. Belarus has been besieged
Earnings season kicks off in a couple weeks and here’s why it may be better than expected. The S&P 500 is down 4% for the month, the first down month since March, but investors are expecting big things from corporate earnings reports, which begin Oct. 13 when JPMorgan releases results. “September has been a rough
If 2020 has taught us anything, it’s that the key is to stay nimble, adaptive, and be prepared for unexpected change. This year has caused financial services firms to rethink business models, client communication channels and business development tactics. As we change and adapt to the new norm, it’s crucial that our technology evolve and
2020 will forever be remembered as the year of COVID-19, but there is no telling what the long-lasting effects of the pandemic will be on the global economy. Around the world, countries have been forced to shut down their local economies, with people having to shelter in place in order to observe the social distancing
Gabriel Sofa Sixpenny While the economy has declined overall during COVID, home furnishing sales have been on the rise. This is especially true for direct to consumer brand Sixpenny, which at just three years old, is on its way to becoming a major player in the direct to the consumer furniture market. By the end
U.S. President Donald Trump arrives to speak about the administration’s coronavirus disease (COVID-19) testing plan in the Rose Garden at the White House in Washington, September 28, 2020. Carlos Barria | Reuters The Manhattan District Attorney’s Office said Tuesday that it will not seek to enforce a subpoena for President Donald Trump‘s income tax returns
5 Major Banks Exposed for Moving Trillions for Mobsters, Onecoin, and Drug Cartels According to the International Consortium of Investigative Journalists (ICIJ), five major global banks have been exposed funneling trillions of dollars in criminal funds in the recently leaked FinCEN Files. The massive leak is 2,100 documents spanning from 2000 to 2017 … read
WASHINGTON, DC – SEPTEMBER 24: Speaker of the House Nancy Pelosi (D-CA) holds a weekly press … [+] conference at the Capitol on September 24, 2020 in Washington, DC. Pelosi paid tribute to Supreme Court Justice Ruth Bader Ginsburg saying the late justice will be the first woman as well as the first Jewish person
- « Previous Page
- 1
- 2
- 3
- 4
- …
- 42
- Next Page »