Speaker Nancy Pelosi, D-Calif. speaks during a television interview at the Senate Russell Office Building in Washington. “You know what, we’ll find our middle ground,” Pelosi said during an appearance on MSNBC. “We’re legislators. We’ll get the job done.” Bloomberg News A glimmer of hope for another round of direct federal aid to state and
Month: October 2020
[embedded content] JPMorgan settled a $920 million fine with U.S. authorities on charges of precious metals price manipulation last week. This is significant because rumors and speculation about metals manipulation is confirmed in such a large profile case for the first time, said Will Rhind, CEO of GraniteShares. “Throughout my career, there have always been
We got the expected bounce in precious metals. We still remain in a corrective phase… by David Brady via Sprott Money We got the expected bounces from oversold levels in stocks and to a far lesser degree in precious metals and miners. At the same time, the dollar and real yields have drifted lower. That
President Trump’s announcement that he has tested positive for the corona virus has grabbed headlines, but the dog that didn’t bark presents a more interesting point. Wall Street isn’t so worried about corona virus anymore; the perception is, that the virus will fade away or a vaccine will be developed, but in either case, the
Getty Images Oil prices are expected to rise just slightly in the final quarter of the year, held back from further gains by a deep chill in global travel and a still healing economy. Analysts forecast the prices of Brent and West Texas Intermediate should rise to the low to mid-$40s per barrel, but they
by mistasway The divisive rhetoric from the MSM will be cranked up the next few weeks. On the surface, it will appear as if there’s this great battle between two “teams”, but in reality it’s basically this scripted WWE style drama, solely for the purpose of stirring the pot and creating animosity and tension among
The national debt level has been a significant subject of controversy for U.S. domestic policy. Given the amount of fiscal stimulus pumped into the U.S. economy over the past couple of years, it is easy to understand why many people are starting to pay close attention to this issue. Unfortunately, the manner in which the
Regulators have delivered a blunt warning to banks to clamp down on high-speed financial market manipulation or risk blockbuster fines and criminal convictions for staff. US authorities this week levied a $920m fine on JPMorgan Chase for eight years of giving a false impression of market demand in precious metals and US government bonds by rapidly
The Scottish National party’s Westminster leader on Friday said the position of an SNP member of parliament who broke coronavirus rules was “not tenable” as calls mounted for her to resign her seat. The SNP has moved sharply to distance itself from MP Margaret Ferrier, whose admission on Thursday that she travelled hundreds of miles
Six Black former registered representatives of Voya Financial Advisors allege the firm discriminated against them by steering business to white agents. Voya’s retirement advisors distribution channel provided more leads and opportunities to white reps and agencies and retaliated against the Black advisors when they complained, according to a lawsuit filed by O.V. Williams in Tampa,
The Romanian authorities are set to host their first-ever auction of cryptocurrency, seized from a fraud case. On Oct. 2, the National Agency for the Management of Seized Assets (ANABI) announced its forthcoming auction of the confiscated Bitcoin (BTC) and Ether (ETH), as required by a ruling from the Prosecutor’s Office in Ploiesti Court. The
Among the new developments to grace Miami’s Allapattah neighborhood will be 16 Allapattah from … [+] groundbreaking developer Lissette Calderon and her firm Neology Life Development Group. Behar Font & Partners, P.A. In the quest to carve out new, well-connected infill enclaves, a number of cities have looked to districts that traditionally sprouted to serve
Google signage. NurPhoto | Getty Images When Google announced last month it was pulling the plug on a lease for a new office space in Dublin, Ireland, it set off alarm bells. Google is a large presence in Dublin’s “Silicon Docks,” where it holds its European headquarters, a part of the city around the docklands
Venezuela Passes Law Legalizing Crypto Mining, Forces Miners to Join National Mining Pool Reports say Venezuela has now legalized bitcoin mining following the decree recently issued by the National Superintendency of Crypto Assets and Related Activities (Sunacrip). As part of the new regulations, all entities and individuals interested in legally mining bitcoin and … read
getty This article deals with the second provision that may limit the amount of Social Security benefit you are eligible to receive if are you a public sector/civil service employee under (STRS, PERS, CSRS, Railroad Retirement, etc.). Last month I wrote about the Windfall Elimination Provision (WEP) which is the other limiting provision. Read more
President Donald Trump announced early Friday that he and First Lady Melania Trump had tested positive for COVID-19, shortly after one of his closest aides, Hope Hicks, had fallen ill with the coronavirus. “Tonight, @FLOTUS and I tested positive for COVID-19. We will begin our quarantine and recovery process immediately. We will get through this
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The notion that silver is just an “Industrial Metal” was utterly destroyed today. The silver market is rapidly changing... by Steve St Angelo of SRSrocco Report The notion that silver is just an “Industrial Metal” was utterly destroyed today as both the copper and oil prices were crushed as silver surged higher. This is precisely what
Ligand Pharmaceuticals announced that it has completed the acquisition of Pfenex Inc. for $437.5 million in cash. The biopharmaceutical company said that it would make a “contingent payment of $78 million in cash if a certain specified milestone is achieved.” The deal was announced in August this year. Ligand shares closed 3.02% higher on Thursday. Ligand
by Lance Roberts In the latest personal income and spending reports, income was down but spending was up even as stimulus measures run out. Personal Income & Outlays The Personal Income and Outlays, report for August 2020 shows increasing stress on consumers. Real PCE vs Real DPI 2020 Detail Increasing Consumer Stress Personal income decreased 2.7
EBIT vs. Operating Income: An Overview Earnings before interest and taxes (EBIT) and operating income are terms that are often used interchangeably, although there is a notable difference between the two, which can cause the numbers to yield different results. The key difference between EBIT and operating income is that operating income does not include
California reported back-to-back increases of more than 3,000 new infections on Thursday, but notched its smallest monthly increase in cases since May. A further 3,062 people tested positive over the past 24 hours, down from 3,200. North Carolina reported its biggest daily jump in cases in two months, less than a day after governor Roy
The Democratic-controlled US House of Representatives has approved a new fiscal stimulus package worth $2.2tn, but the move failed to break the political deadlock over additional relief for the American economy. The 214-207 vote on Thursday marked the second time since May that the lower chamber of Congress has passed legislation to support for the
U.S. House Speaker Nancy Pelosi (D-CA) and Senate Minority Leader Chuck Schumer (D-NY) speak to reporters after their coronavirus relief negotiations with Treasury Secretary Steven Mnuchin and White House Chief of Staff Mark Meadows at the U.S. Capitol in Washington, U.S. August 7, 2020. Jonathan Ernst | Reuters The trading community is actively debating the
Nearly a year after a task force uncovered “significant failures” in the CFP Board’s enforcement programs, it’s taking more steps that its chair says will modernize the organization’s governance. The certifying organization for wealth management’s most prominent designation unveiled a raft of changes to its board on Oct. 1 that will alter director tenures, nominations
The U.S. Department of Justice (DoJ) announced that the principal of crypto asset escrow company Volantis Market Making has pled guilty to commodities fraud worth more than $3.25 million on October 1. Volantis executive, 49-year-old Jon Barry Thompson, made false representations to a company from which he solicited $3.25 million to make purportedly “no risk”
Printed with fun By robynblair On October 1, Robyn Blair Davidson launched a fine art print collection based on her best selling original candy art pieces. It’s been a noteworthy year, even during a pandemic, for the artist who went from being known as The Candy Artist on Instagram to the Artist In Residence at
Jamie Johnson, of San Francisco, takes his lunch at Embarcadero as smoky skies from the northern California wildfires casts a reddish color in San Francisco, Calif., on Wednesday, Sept. 9, 2020. Ray Chavez | MediaNews Group | Getty Images Rent prices continued to plunge across the U.S. last month, with San Francisco leading the decline,
Venezuela Passes Law Legalizing Crypto Mining, Forces Miners to Join National Mining Pool Reports say Venezuela has now legalized bitcoin mining following the decree recently issued by the National Superintendency of Crypto Assets and Related Activities (Sunacrip). As part of the new regulations, all entities and individuals interested in legally mining bitcoin and … read
By Nancy Collamer, Next Avenue Contributor Getty Do you feel stressed, anxious or depressed at work these days? You’re not alone. A recent survey conducted by FlexJobs and Mental Health America found that 75% of people have experienced burnout at work, with 40% saying they’ve felt it during the pandemic specifically. And according to a