The United States District Court of the Southern District of New York has fixed Feb. 22, 2021 as the date for the pretrial of the lawsuit filed by the Securities and Exchange Commission against Ripple Labs and its principal actors. According to a court document filed on Tuesday, counsel representing all parties on the matter
Month: December 2020
Amit Haller is the Co-Founder & CEO of Reali, a high-tech, high-touch real estate company founded in 2016. getty Before the pandemic, what defined the modern era more than digital transformation? The thinking goes that as more of life goes online, the more people and businesses benefit. But for one of the world’s biggest asset class
Decentralized finance insurance project Cover protocol briefly suffered losses when an unknown attacker minted over 40 quintillion Cover tokens. However, after successfully cashing out tokens worth about $5 million, the attacker unexpectedly returned ether tokens valued at about $3.2 million before leaving a message for the Cover team. Exploit No Longer Possible Immediately after the
Senate Majority Leader Mitch McConnell walks to his office after leaving the Senate Floor on … [+] December 21 Getty Images On Sunday, President Donald Trump signed a $900 billion stimulus bill expected to address the health and economic fallout of the COVID pandemic. The relief measure includes a one-time $600 payment per eligible adult
Major lawsuits of interest to the municipal market will continue in several Southeast states in 2021. They include cases challenging a South Carolina utility’s bond disclosure practices, a fight over Florida toll bridge’s defaulted debt, and the so-called “water wars” litigation between Florida and Georgia. South Carolina-owned Santee Cooper says it is working on a
Gold jewellery sales in Hong Kong fell by almost 80 per cent this year as the Covid-19 pandemic spoiled countless wedding parties and other celebrations, according to an industry estimate. As disappointed couples were forced to cancel their wedding festivities, so their guests’ plans to buy them gold jewellery as gifts – a Chinese tradition
Get ready to enjoy higher silver prices that are likely here to stay! by Stewart Thomson of Graceland Updates Dec 29, 2020 1. Gold is the ultimate asset and investors who took my $1778 buy recommendation are looking good. 2. The big question now is: Will the traditional Chinese New Year rally occur, or will there be
AstraZeneca will start to supply the UK with its COVID-19 vaccine after the country was first to approve its emergency use. Shares rose 2.3% in Wednesday’s pre-market trading. AstraZeneca (AZN) said it expects vaccinations to begin early in the New Year and is gearing up to supply millions of doses in the first quarter of
by Michael Snyder We have seen spikes in certain major cities before, but there has never been a year quite like this. In 2020, murder rates have been soaring dramatically from coast to coast, and many are deeply concerned about what our big metropolitan areas will look like if this trend continues into 2021 and
What Is the FDIC? The Federal Deposit Insurance Corporation (FDIC) was created at the height of the Great Depression, following the closure of 4,000 banks in the first few months of 1933 and the loss of $1.3 billion in deposits. President Franklin Roosevelt signed the Banking Act of 1933 on June 16 of that year,
Coronavirus did much to shape the book world in 2020 — and will continue to do so in the new year, whether in the form of titles postponed by the pandemic or as the subject of new ones. January brings the first of a number of dispatches from the frontline of the crisis — Breathtaking
My father was bullied in his office job. He later developed schizophrenia and never went back to work. As part of his illness he suffered delusions, and he lived the later part of his working life in a confused reality. He was assigned an employee number beginning “007” and believed himself to be James Bond, working
When it comes to saving for their children’s college fund, most parents could use a little direction. Some may know about the benefits of using tax-advantaged 529 plans, but many will need help navigating the vast array of options. More than five dozen 529 plans exist for guardians and loved ones to consider using —
San Francisco-based crypto exchange Coinbase may have had a problem with paying its employees fairly based on gender and race. According to a report from The New York Times journalist Nathaniel Popper, Coinbase paid salaried Black employees roughly 7% less than people in similar positions, based on payroll data from 2018. Across the company, this averaged out
If Los Angeles’ housing market has shown us anything this year, it’s that luxury real estate is on track for big things in 2021. In the Flats section of Beverly Hills, a sprawling estate with a mansion and a private train park has sold for $31.4 million — one of the priciest transactions in the
Visit AskGamblers.com before ever wagering your hard-earned coins in an online casino. AskGamblers is the internet’s largest and most trusted portal dedicated to curating honest, fair, and open gaming experiences for users worldwide. These Days You Can Use Bitcoin to Buy Just About Anything From online shopping to automobiles and real estate, as Bitcoin grows
The controversy over the deductibility of payroll expenses by Paycheck Protection Program (PPP) loan recipients has finally been settled, less than a week before the end of the year. The Consolidated Appropriations Act, 2021, signed into law Dec. 27, 2020, allows deductibility of … [+] payroll expenses by Paycheck Protection Program loan recipients. getty Deductibility
The Missouri Supreme Court’s refusal to hear the bond trustee’s appeal deals a final blow to litigation over whether Platte County bears legal responsibility to repay $32 million of defaulted appropriation-backed, development bonds, the county’s attorneys said. UMB Bank NA asked the state’s high court to hear its appeal of lower court rulings backing the
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) As bitcoin gets ready to
The authorities & rulers are telling the public that they must continue to wear their face masks even after they get the “effective” COVID-19 vaccine. The MSM and… by Mac Slavo of SHTFplan The authorities and rulers are telling the public that they must continue to wear their face masks even after they get the
The old axiom of what goes up must come down, is particularly fitting right now for fuboTV (FUBO). The sports-focused streaming platform came hurtling out of the gates following its public debut in October, with shares increasing more than five-fold in little over two months. However, over the past 7 days, the stock has handed
Check out the companies making headlines before the bell: SAP – The German business software company’s stock is moving higher after it announced its Qualtrics unit has filed to go public. Qualtrics – which specializes in customer relationship software – is expected to be valued at $12 billion or more, compared to the $8 billion SAP
Early gains turned into losses for U.S. equities, which were compounded when Senate Republicans, led by Majority Leader Mitch McConnell, blocked the House-passed plan to increase the $600 stimulus checks to $2,000. The measure soundly passed the Democrat-controlled House on Monday, but despite President Trump’s urging and support from some Republicans, McConnell would not bring
Unions have blasted a $47m bonus secured by General Electric chief executive Larry Culp this month, after his pay package was rewritten earlier this year to reduce the risk that he would miss out on a windfall. As Covid-19 vaccine hopes fuelled a stock market rally in November, GE’s shares went above $10 for the
A 6.2 magnitude earthquake hit central Croatia on Tuesday, killing seven people and seriously injuring at least 26. The tremors of the earthquake, whose epicentre was in Petrinja, 50 kilometres south of the capital Zagreb, could be felt as far away as Budapest and Vienna. “My town has been completely destroyed,” Petrinja mayor Darinko Dumbovic
As advisors stare down the end of 2020, they may begin to question if 2021 will bring a repeat of the 2008-2009 financial crisis in which we saw high-net-worth clients opting to change financial advisors, in our observation, in significant numbers. Granted, 2020’s economic turmoil played out differently than it did last time. On March
During a bull market, negative news is quickly digested and the collateral damage is often limited. Therefore, even as XRP price dumped aggressively due to the uncertainty regarding the outcome of the U.S. Securities and Exchange Commission lawsuit, other altcoins have largely been unaffected. Crypto market data daily view. Source: Coin360 Moreover, as Bitcoin’s (BTC) strong rally
Designed for French-British politician Sir James Goldsmith, the bright-yello home overlooks the … [+] Costa Careyes enclave between Puerto Vallarta and Manazanillo. Hilton & Hyland Imagine having a front seat on the sunrise—every day. Set above the ocean like a sunlit citadel, Sol De Oriente combines privacy and resort living in the Mexican state of
The New York State Department of Financial Services, the Bitlicense regulator, has authorized GMO to issue U.S. dollar and Japanese yen-pegged stablecoins. The latter “will be the first of its kind available to the public.” To date, the regulator has given out 27 charters and licenses for companies engaged in crypto activities. First Regulated Yen
Start 2021 with New Year’s resolutions that can really improve your life in retirement. getty It’s likely you’ve seen or made typical New Year’s resolutions that could make your retirement better: save more, spend less, lose some weight, and so on. While those resolutions can definitely help improve your life, following are four New Year’s
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