Online buying and selling have become important parts of many people’s lives. Virtual stores allow people to shop from the comfort of their homes without the pressure of a salesperson. Online marketplaces provide a new and more convenient venue for exchanging virtually all types of goods and services. Both businesses and customers have embraced online
Month: December 2020
Traders work on the floor of the New York Stock Exchange. NYSE Stocks exit 2020 with strong gains and are riding a tailwind, but already in the dawn of the new year, the market could face its first big challenge. The final outcome of the 2020 election plays out Tuesday, when voters in Georgia will
Alden Global Capital, a US hedge fund known for taking over distressed American newspapers, has unveiled a bid to acquire and take private the Chicago Tribune’s owner, valuing the publishing company at about $520m. The hedge fund, which already owns about 32 per cent of Tribune Publishing, offered to buy the newspaper group for $14.25
US stocks finished 2020 with a gain of more than 16 per cent — well above the historical average — after a technology sector-led rally pulled Wall Street back from a brief bear market to set a record high in defiance of pandemic, recession and political upheaval. The Nasdaq Composite, dominated by tech giants such
When Jamie Dimon, the head of America’s largest bank, says the U.S. economy is in jeopardy, Federal Reserve policy makers and elected officials ought to take notice. This detail was tucked away in a Wall Street Journal profile of JPMorgan Chase’s CEO published near Christmas. The article began with his near-death experience in early March
Transparency is one of the most intriguing aspects of cryptocurrency and it was this openness that drew many early supporters to Bitcoin (BTC). Blockchain technology makes all information associated with the network’s operation accessible for anyone interested in taking a look. Every known address, transaction, fee paid and other details relating to multisignature and SegWit
Vineyard Haven, MA. tops LendingTree’s list of Most Expensive Small Towns getty Here are the most expensive small towns with the big city housing prices according to LendingTree. The lure of small-town living has never been greater as we saw with the recent migration from city to suburbs and beyond. LendingTree recently analyzed the 50
China has the largest concentration of bitcoin miners worldwide with estimates noting the country captures anywhere between 50-65% of the global hashrate. Xinjiang, the autonomous region of the People’s Republic of China, ostensibly accommodates 35% of the hashrate. This week a regional report from China and statements from the head of operations at Genesis Mining,
Within the last 12 months, we have essentially seen the passage of three major pieces of federal legislation that impact retirement planning. Far and away the biggest retirement planning bill of the three was the SECURE Act, passed at the end of 2019, and mostly going into effect in 2020. However, due to COVID-19 and
During 2020, our society has been faced with an economic crisis, health crisis, social justice crisis and environmental crisis. The pandemic has rapidly changed how banks engage with customers and employees; accelerating the shift from in-person interactions to digital engagements. Successfully leading a digital transformation requires much more than smart technology choices, culture is key.
Kitco News has launched its 2021 Outlook, which offers the most comprehensive coverage of precious metals markets in the new year. Trillions of dollars were pumped into financial markets in 2020 and that won’t come without consequences. Economists expect that investors will be Bracing For Inflation in 2021. (Kitco News) – 2020 has been an
The truth is when it comes to bailing out Wall Street, those who support bailouts hardly limit themselves to loans… by Ryan McMaken of Mises Institute Larry Summers Reminds Us That Federal “Stimulus” Mostly Exists to Help Wall Street Larry Summers is a former Secretary of the Treasury (under Clinton), a former World Bank technocrat,
Are you ready for the New Year? We’re getting down to the wire, 2020 is almost gone, and Wall Street’s analysts are engaged in the time-honored tradition of picking stocks for next year. In the background, we have, finally, a foundation of good news. The election is settled. For better or worse, former VP Joe
Here are the stocks making notable moves in midday trading. Tesla – The automaker jumped 3% to a new all-time high. The move caps a record year for Tesla, which saw the company report five straight quarters of profit extending back to 2019. The electric automaker was also added to the S&P 500. Shares are
by Charles Hugh-Smith When the top 10%’s bubble pops in 2021, the loss of illusions/delusions of security and wealth will be shattering to all those who believed artifice and illusory “wealth” were real. A great many people are living in bubbles that are about to pop. The largest bubble is the one inhabited by people who
Canada derives much of its wealth from its plentiful natural resources and, as a result, has some of the largest mining companies in the world. Investors seeking exposure to the Canadian mining sector may want to consider some of the options. The following is a rundown of the five largest Canadian mining companies by market
Another 787,000 Americans applied for unemployment benefits last week, down 19,000 from the week before and the lowest figure since November. The data represented the second consecutive drop in the number of initial jobless claims, but the rate remains historically elevated and some economists warned that the true number of Americans put out of work
The pound hit its highest level of the year against the dollar on the final day of 2020, as traders took heart from the UK parliament’s approval of Britain’s post-Brexit trade deal — a key formality in avoiding a more disruptive break from the EU’s single market. Sterling, which has been rallying since March’s market
Source: NYSE photo Art Cashin couldn’t lead the New York Stock Exchange in the singing of “Wait til the Sun Shines Nellie” this year, but he penned this poem for UBS and its clients, and is sharing it with us here. Happy New Year, Art. Look forward to seeing you on the floor in 2021. Subscribe
From a global pandemic to murder hornets to actual UFO images being released, 2020 didn’t just throw curveballs; it kept us dangling at the edge of our seats like a bad infomercial. “But wait, there’s more!” 2020 brought us something else, too: a global spotlight on racial injustice. After the murder of George Floyd, the
Bitcoin (BTC) HODLer volume has marked previous tops and the start of bull cycles. As the dominant cryptocurrency heads towards $30,000, HODLer activity could be a useful tool to potentially gauge BTC’s next peak. Since October, as Cointelegraph reported, the HODLing activity of Bitcoin has continuously increased. Fewer HODLers have been moving their holdings, which
For real estate, as for many things, 2020 was a strange year. Despite a pandemic, a recession and unemployment that at one time hit 20 million, 6 million homes were sold and the average home price was up 5 percent. There were record low mortgage rates of course, but there’s also the fact is that
The CTO at Bitfinex Paolo Ardoino has pushed back against rumours that the company’s Tether stablecoin may be the next target of the U.S. Securities and Exchange Commission (SEC). The Bitfinex executive insists that the Tether stablecoin, whose market capitalization has now surpassed $20 billion, is a properly registered and regulated crypto. The Alleged Misinformation
Young graduates wearing rented gowns and mortarboards applaud a speech in the central hall of their … [+] university during their graduation ceremony, on 13th July 2017, at the University of York, England. (Photo by Richard Baker / In Pictures via Getty Images Images) In Pictures via Getty Images Before my wife and I got
Parallel to discussions over COVID-19 federal rescue aid to New York City has been what the city can do for itself, both short- and long-term. Mayor Bill de Blasio’s administration has spent its $1.4 billion allotment under the federal CARES Act passed in March. And while neither the state nor the city receive direct aid
TipRanks 3 Big Dividend Stocks Yielding Over 7%; Raymond James Says ‘Buy’ Wall Street’s investment firms are burning the midnight oil as we approach the end of 2020, publishing their year-end notes and their New Year prognostications, both for investors’ edification. There is the obvious point: we’re in a moment of rising markets, and investor
It seems, however, that the globalist reset plan is not going very well… by Brandon Smith via Alt-Market For many months now I have been warning that the design behind the pandemic lockdowns is a perpetual one; meaning, the lockdowns are MEANT to last forever. We can see this in the very commentary of the
Remark Holdings on Dec. 30 announced that one of the largest commercial banks in China had chosen its KanKan AI to upgrade 169 branches in the Yunnan Province. Shares of the global technology company rose 6.4% at the close on Wednesday. As part of the upgrade, the branches will install the smart customer retail platform
Street performers in Minnie Mouse costumes pass in front of an AMC movie theater at night in the Times Square neighborhood of New York, Oct. 15, 2020. Amir Hamja | Bloomberg | Getty Images Check out the companies making headlines in midday trading. AMC Entertainment — Shares of the beleaguered movie-theater chain fell more than
You know a health savings account (HSA) helps pay for out-of-pocket medical costs, but it may surprise you to learn that this tax-advantaged account could be a superior retirement savings vehicle, too. It has become ingrained in us that we should max out our 401(k) or other workplace defined contribution plan as the best way
- 1
- 2
- 3
- …
- 43
- Next Page »