People line up to vote at Desert Breeze Community Center on November 3, 2020 in Las Vegas, Nevada. Ethan Miller | Getty Images Just over 3 million homeowners as of last week were delaying their monthly mortgage payments under forbearance plans launched at the start of the coronavirus pandemic. The bulk of these are government
Month: November 2020
The U.S. Securities and Exchange Commission (SEC) has amended some exemption rules, making it easier for crypto companies to raise funds. The rule changes raise fundraising limits for Regulation Crowdfunding, Regulation A, and Regulation D’s Rule 504 offerings. SEC’s New Rules Allow Crypto Companies to Raise More Money The SEC announced Monday that it has
Fargo, North Dakota getty It’s election day. Last night, Trump supporters gathered at rallies in Kenosha and Grand Rapids. In my own hometown, Biden supporters gathered near the commuter train station to wave their signs at passing traffic. They’re enthusiastic, that’s for sure. But will their enthusiasm translate into participation in community organizations that require
Baird has hired Mark Nitcholas from Huntington Capital Markets to be managing director for public finance at a new Houston office. Nitcholas, who has more than 30 years of public finance experience, was managing director at Huntington, where he ran the firm’s operations in Texas. “His expertise and experience truly complement our growing public finance
Bloomberg Jack Ma’s Blunt Words Just Cost Him $35 Billion (Bloomberg Opinion) — Jack Ma is a very busy man. China’s richest man has been busy launching the world’s biggest IPO. He has been busy preparing for Alibaba Group Holding Ltd.’s grandest four-day Double Eleven shopping extravaganza. And yet two weeks ago, Ma somehow found the
Based on communication with the Central Bank of Mexico, the principal supplier of silver ounces to Banco Azteca, supply will likely be “exhausted” by year’s end! (by Half Dollar) Silver Bugs, stackers and other smart investors, take note! Silver Fever is running through Mexico! Hugo Salinas Price has a stake in Banco Azteca, which are
Thursday was set up to be a big day for Alibaba (BABA). The Chinese e-commerce giant is readying to present F2Q21 results, with favorable macro trends pointing to another display of strength. On the same day, Ant Financial – Alibaba’s sister company in which it claims 33% direct equity ownership – was supposed to list
Traders wait for the Wayfair IPO on the floor of the New York Stock Exchange October 2, 2014. Lucas Jackson | Reuters Check out the companies making headlines in midday trading. Alibaba — Shares dropped more than 5% after Ant Group’s record-setting initial public offering in Shanghai and Hong Kong was suspended. Alibaba owns roughly
by Frank Holmes, CEO, U.S. Global Investors Want to hear something really scary? Inflation, the scourge of the modern economy, may be running much faster than we’re led to believe. I’ll use consumer spending on Halloween as an example of what I mean. Total Halloween spending has fallen for the past three years and was projected
Harry Dempsey Pinellas county in Florida, along the Gulf Coast to the west of Tampa, is a particularly accurate political bellwether: it has reliably picked the winner of each presidential election since 1980, with the exception of George W Bush in 2000, writes James Politi. Four years ago, Donald Trump won it by a little
A renewed presidency for Donald Trump is likely to be nowhere more consequential than for climate change. The coming decades will determine whether the threat of damaging and irreversible change is averted, or not. Without active US engagement, success seems inconceivable. Even with it, it would be unlikely. But, crucially, it would be conceivable. We
David Roche, president and global strategist at Independent Strategy, believes that China’s digital yuan has “a long way” before it will become able to challenge the U.S. dollar as a reserve currency, CNDC reports Nov. 2. According to Roche, China’s central bank digital currency, or CBDC, could hypothetically beat the U.S. dollar as a reserve
Reduced daylight hours lead many to start experiencing seasonal affective disorder with the November … [+] time change. getty If you’re one of the estimated 10 million Americans who suffers from seasonal affective disorder, (also known, appropriately, as SAD), your symptoms might have kicked in hard this past weekend with the time change. For many
PRESS RELEASE. PARSIQ is a working platform that makes blockchain events consumable and blockchain data actionable. It allows users—both individuals, companies, enterprises—to monitor any events across different blockchains in real-time and at scale and connect those events to any off-chain apps or devices to automate different workflows. A blockchain-to-everything monitoring service PARSIQ was announced to
I spend a lot of time telling people to save for college, and to save as soon as possible. But there are situations where saving for college doesn’t make sense. Recently I received a call from a parent whose son was entering college. They were frantic, “When should I take money out of my 529
The number of enforcement cases brought by the Securities and Exchange Commission dropped in fiscal year 2020, though signs point to a busy future for the enforcement division. That is what came from the SEC’s Division of Enforcement’s annual report late Monday. Fiscal year 2020 saw 715 SEC enforcement actions, down from 862 cases the
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 and silver futures prices are again moderately higher in early U.S. trading Tuesday, on more safe-haven demand as the highly
Here’s your one stop shop for the 2020 US Presidential Election. Market movements, live-stream video coverage, updates and more! ***** Half Dollar’s Notes – No, I did not write ‘Twas The Night Before Tuesday. Everybody knows ‘Ol Half Dollar doesn’t believe that the President is elected by We the People in the Constitutionally required manner,
Northland Securities has upgraded Intel stock to Hold from Sell and maintained a price target of $46 (3.5% upside potential), as the analyst believes that the challenges faced by the semiconductor company are priced in the stock. Northland analyst Gus Richard said “We, examine the breakup value of INTC and come up with a conservative
Democratic U.S. presidential nominee and former Vice President Joe Biden speaks at the Get Out The Vote event in Cleveland, Ohio, U.S., November 2, 2020. Kevin Lemarque | Reuters American presidents have long wanted the U.S. to be self-sufficient when it comes to oil, and if former Vice President Joe Biden wins the presidency, he
by Dave Kranzler of Investment Research Dynamics For me it doesn’t not matter who wins the election. The person in the Oval Office is not in control of the monetary policies that form the fundamental basis for owning physical gold and silver. Regardless of which party sits in the Oval Office and Congress, the budget deficit and debt
Cranes and diggers busily prepare land beneath the red and white-striped chimneys of the Mengtai Group coal-fired power plant at the northern city limits of Ordos, in northern China’s Inner Mongolia. Privately owned Mengtai will soon add another two smoke stacks to the sprawling complex in an expansion that is the group’s biggest investment in
Peter Wells in New York The US reported one of its biggest single-day jumps in coronavirus infections since the start of the pandemic, adding nearly 83,000 new cases on Monday and another rise in hospitalisations. States reported a collective 82,895 cases on Monday, according to Covid Tracking Project data, up from 74,181 on Sunday and
It’s almost over (thank goodness)! Hopefully, within a few days, we will know who’s going to be parked in the White House for the next four years. I imagine, like me, some of your clients are asking what they should do depending upon who wins the election. I try very hard not to engage a
The Bangladesh branch of global banking firm HSBC has conducted the country’s first blockchain-based letter of credit (LC) transaction on the Contour DLT platform. The transaction was used to settle the importation of 20,000 tonnes of fuel oil from United Group’s Singapore subsidiary United Mymensingh Power. HSBC Bangaladesh’s chief executive, Md Mahbub ur Rahman, described
Larry Genet is a Senior Vice President at CBRE, Inc., focusing on sales and leasing of industrial and office properties in South Florida. getty I vividly remember what it was like being a junior broker. I was hungry for success but lacked experience and had a lot of doors slammed in my face. It was an
The decentralized finance (defi) platform cvx.finance has launched the beta version of its “Crypto Volatility Index”, otherwise known as the “CVX.” The CVX is an index similar to the “Market Fear Index” (VIX) commonly used in traditional finance, but cvx.finance measures the suggestive volatility from bitcoin and ethereum options markets. It’s still early but a
By Nancy Collamer, Next Avenue Getty Between Covid-19, record-high unemployment numbers and the collapse of entire industry sectors, 2020 has been a miserable year for older workers. In fact, for the first time in nearly 50 years, older workers face higher unemployment than mid-career workers, according to The New School Retirement Equity Lab. And a
Financial hits to Atlantic City’s hospitality industry from state limitations aimed at curbing the spread of COVID-19 are hindering a state agency reliant on luxury tax revenues to pay debt service on outstanding bonds. While Atlantic City casinos have reopened at reduced levels after being shut down from March 17 to July 3, luxury tax
The administration of Argentina’s President Alberto Fernández is growing increasingly desperate to restart the burgeoning oil boom which was underway before the COVID-19 pandemic hit. Argentina has been one of the worst affected countries in South America, despite moving early and decisively to curb the spread of the virus through a nationwide lockdown. This is