On the heels of PayPal announcing its decision to enter the crypto sector early next year, Bitcoin (BTC) has continued its strong performance and has been hovering around the $13,500 mark for nearly a week now. In this regard, the payment giant’s foray into the crypto market has been hailed as a game changer, especially
Month: October 2020
AI-powered geographic data is revolutionizing how we solve the demand for housing at scale. Wirestock The UK has long grappled with the issue of housing development – with the National Housing Federation estimating that a massive 8.4 million people in England alone are currently living in an unaffordable, insecure or unsuitable home. As we look
JP Morgan Sees Millennials’ Bitcoin Preference Over Gold as Foundation for Its Long Term Success JP Morgan says bitcoin’s 2020 surge is set to continue as the digital cryptocurrency competes better against gold as an alternative currency. In a note, the financial institution says that with millennials set to become a more important market participant
Cloud storage getty The pandemic has shone a light on the need for families and older individuals to ramp up their game in preparing for the unexpected. One of the ways we should all be doing that is by locating and reviewing our estate documents and securing them in the safest place possible. Adults of any
Adhering to science and reopening the economy is not mutually exclusive, the former director of the Centers for Disease Control and Prevention told a New York City watchdog group. “We can reopen but we must be cognizant of the challenges of COVID-19,” Tom Frieden said on a Citizens Budget Commission webcast Thursday. Frieden, now president
TipRanks 3 High-Yield Dividend Stocks Offering at Least 8%; Analysts Say ‘Buy’ America goes to the polls on Tuesday (well, actually, America has been early voting for a few weeks, now), and while Democrat Joe Biden has a solid lead in the polls, there is some of evidence that President Trump may still win a
Are we about to see another ‘come-from-behind’ Trump victory? Maybe, but that would mean he was behind in the first place, which is doubtful… by JD Heyes via Natural News (Natural News) For months Americans have been told there’s no way that the presidential polls in 2020 will be wrong like they were in 2016. Adjustments were
Astrazeneca Pharmaceuticals (AZN) has been awarded a $286.9 milllion firm-fixed-price contract for the delivery of 200 million doses of AZD1222 vaccine for COVID- 19. Bids were solicited via the internet with one received, the US Department of Defense revealed. Work will be performed in West Chester Township, Ohio; and Albuquerque, New Mexico, with an
Check out the companies making headlines after the bell: Alphabet — Shares of Alphabet soared 10% in extended trading after the Google parent company posted quarterly results that topped Wall Street expectations. The company reported earnings of $16.40 per share and $46.17 billion in revenue for the third quarter. Analysts surveyed by Refinitiv projected $11.29
by Michael Snyder A storm is coming in, and soon it will envelop the entire nation. We are accustomed to seeing businesses board up their doors and windows in coastal cities that are about to get hit by a hurricane, but I can’t think of another time when businesses all across America have been boarding
Mokrane Embarek agreed to buy L’Auberge Normande, a restaurant and hotel in the Norman town of Saint-Lô, shortly before the pandemic erupted. Now, with the French government announcing a new one-month national lockdown in an attempt to stop Covid-19 infections spiralling even higher as winter looms, the 71-year-old could be forgiven a severe case of
Ohio and Indiana reported their biggest jumps in infections on Thursday. Ohio added a further 3,590 cases over 24 hours, while Indiana had 3,649 new infections. West Yorkshire, home to 2.5m people, became the latest area of England to be moved into the highest level of Covid-19 restrictions in England, tier 3. California’s seven-day average
Five months into Reg BI’s reign, initial regulatory exams reveal wealth managers are making a bona fide effort to meet new requirements — but the industry is hardly up to snuff, according to regulatory officials. Some firms have failed to disclose how they make compensation. Others inaccurately reported their disciplinary history. And at least a
Despite explosive third-quarter growth in the security token sector, Overstock’s Q3 2020 earnings report reveals that its tZERO alternative trading system (ATS) has continued to lose money. The ATS specializes in security tokens, consistently hosting more than 95% of the sector’s monthly trade volumes. tZERO saw dramatic growth in recent months, with monthly volume growing
Topline After a year of savage cuts and restructuring following a disastrous IPO attempt that saw then-CEO Adam Neumann evicted and the company’s value plummet, WeWork’s new head says he finally sees profitability on the horizon for 2021 and, if all goes well, another IPO, Bloomberg reports. WeWork contemplates another IPO attempt getty Key Facts
A Sale Pending sign is seen in front of a home in Miami, Florida. Joe Raedle | Getty Images Potential homebuyers may be hitting the limit of what they can afford. Pending home sales, a measure of signed contracts on existing homes, fell 2.2% in September compared with August, according to the National Association of
Fidelity Digital Asset Services has revealed the company is expanding into Asia and plans to help high-net-worth investors and family offices in the region with custodial crypto products. Fidelity is working with the Singaporean startup Stack Funds, a fully-insured custody operation servicing traditional financial institutions. Fidelity Investments Inc., is an American multinational financial services corporation
Economic Security Planning, Inc. Today’s column addresses questions about what happens if you delay filing for Social Security retirement benefits past 70, whether someone can falsely claim spousal benefits on someone else’s record and when survivor’s benefits can be paid and why they may not be. Larry Kotlikoff is a Professor of Economics at Boston
Harvey’s alleged lax compliance with management reforms required under a 2014 consent judgment that settled charges of fraudulent bond proceed use prompted the Securities and Exchange Commission to file an enforcement action this week. The SEC on Wednesday filed a motion in the U.S. District Court for the Northern District of Illinois Eastern Division asking
“Almost anything is better than paper money. Any fool can run a printing press.” – Nelson Bunker Hunt A year ago, the phrase “gamma squeeze” would have caught many of Wall Street’s most astute investors off guard. Today, both traditional and social media regularly parrot the phrase. It won’t be long before the shoeshine kid tells
For all these reasons, the risks of systemic collapse are much higher than commonly anticipated... by Charles Hugh Smith via Of Two Minds For all these reasons, the risks of systemic collapse are much higher than commonly anticipated. There’s an irony in discussing risk: since we all have an instinctive reaction to visible risk, we think we
The markets fell sharply on Wednesday, but it was of little consequence to investors of First Solar (FSLR). Shares took off after the solar-panel maker delivered a massive Q3 beat. Overall, FSLR shares are up 56% year-to-date. Q3 revenue increased year-over-year by 69.7% and by 44% from the previous quarter to hit $928 million, beating
A contractor drills a wood stud while framing a home under construction Park City, Utah, on Friday, Aug. 14, 2020. George Frey | Bloomberg | Getty Images The U.S. economy was stronger than expected in the third quarter, but its recovery is still lumpy and economists are divided on how long it will take to
by Kimble Charting Technology is the lifeblood of our current economy and dictates future innovation. The sector has also taken a primary leadership role in the 11-year bull market. But, as most of you are aware, that doesn’t mean that tech stocks are always smooth sailing. In fact, the Nasdaq and tech stocks can be a
Getty Images Global travel screeched to a halt during the pandemic, and it’s hurting credit card companies’ bottom line. American Express, Mastercard and Visa all reported double-digit drops in profit for the recent quarter, compared to a year ago. The companies pointed to a plunge in international travel as borders remain closed during the pandemic.
Amazon recorded another quarter of blistering profit growth, earning $6.3bn between July and September, up from $2.1bn in the same period last year and beating Wall Street expectations by 71 per cent. Revenues of $96.1bn — boosted by the effects of the pandemic, which has pushed consumers into online shopping — also came in comfortably
Apple posted record top-line results for the September quarter even as iPhone sales slipped 21 per cent from a year ago, demonstrating that the tech group is benefiting from the growth of services, hardware and accessories. Apple reported $64.7bn of revenue in its fiscal fourth quarter ending in September, compared with expectations of $64bn. Revenue
In a move Advisor Group CEO Jamie Price predicts will be followed by the entire industry within a year, the firm is eliminating ticket charges paid by financial advisors. “We think the ticketing structure is an old model,” Price said this week at the firm’s virtual ConnectEd conference. “There could be a conflict in a
Changpeng Zhao, CEO of Binance, is pushing back hard against allegations that the crypto exchange set up its U.S. arm to circumvent regulations and profit from investors. According to an Oct. 29 article from Forbes contributor Michael Del Castillo, the news outlet claims to have obtained a leaked presentation outlining Binance’s plans for operating in
Available now with Crypto Cars Online Dallas/Fort Worth, Texas— October 26, 2020 — Crypto Cars Online announced immediate availability of purchasing vehicles with crypto currency, after partnering with top rated auto dealers in the Dallas Fort Worth area. “Our system is simple when you buy a car with Crypto Currency,” said Spokesman Roger Lee, Managing
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