A living room at Common Frankford Common When most people think of coliving or living with roommates, their first thought might be sharing a mediocre apartment, the inevitability of needing to the electric bill, and who gets to keep the coffee table once the lease is over. But coliving doesn’t have to be this way.
Month: February 2021
Kathy Kraninger, former president Donald Trump’s appointee to head the Consumer Financial Protection Bureau. Andrew Harrer/Bloomberg via Getty Images “Big deal” Both are a type of qualified mortgage, a category that carries legal protections for lenders from consumer lawsuits. That may happen, for example, if borrowers can’t make monthly payments and lose their homes to
On Sunday, February 21, the price of bitcoin touched a new all-time high (ATH) at $58,354 and at the time, inflow into exchanges spiked as well. According to data from the onchain analysis firm, Santiment, stats indicate that exchange inflow jumped 11x on Sunday and data also shows one whale address was responsible for the
My mother and aide flickr Editorial/Getty Images The massive pandemic relief bill that the House is likely to approve by the end of this week includes billions of dollars in new funding for government long-term services and supports (LTSS) for frail older adults and young people with disabilities. But the most far-reaching change may be
While lawmakers on both sides of the aisle are optimistic that highway spending has the bipartisan support it needs to pass this year, there is growing concern about the viability of broader infrastructure spending moving on the same timetable. During a Senate Environment and Public Works Committee hearing Wednesday, EPW Chair Tom Carper, D-Del., said
Spot silver prices (XAG/USD) are trading lower as a result of a renewed surge in US bond yields. The pickup in activity in the US government bond market, where the US-10 year and the 30-year yields have cleared 1.40% and 2.20% respectively, has forced capital out of the non-yielding metals and into the bond market.
The Consumer Price Index is a complete and total lie… by Jason Burack of Wall St For Main St The food price index run by the UN Food and Agriculture Organization (FAO) has jumped to 113.3 points – just short of the 117.5 hit in 2008, but still some way below 2011’s peak (Arab Spring)
Nvidia (NVDA) stock has been a winner in the pandemic era. The semiconductor giant represents a play on multiple trends including AI, cloud, gaming and AV/ADAS, and investors have bought into the story, sending shares up by 110% over the past 12 months. The company is set to release the January quarter results today after
Home Depot and Lowe’s stores Getty Images Check out the companies making headlines in midday trading. Lowe’s – Shares of Lowe’s ticked more than 3% lower after the company said home improvement sales will likely decline in 2021 as more people get Covid-19 vaccines and spend more time outside their homes. Despite the outlook, Lowe’s said fourth-quarter same-store
From Birch Gold Group This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Stories include: Bank of America sets a 2021 gold price target of $2,000, why silver could jumpstart the next precious metals bull cycle, and thefts of catalytic converters from cars are on the rise, driven by
Most Americans encounter some form of debt in their lives. However, not all debts are created equally and some are considered better than others. Indeed, while debt comes in several forms, all personal debt (not corporate or government debt) can be categorized within a few main types, including secured debt, unsecured debt, revolving debt, and
Rocket 3.1 launches from Kodiak, Alaska. Astra / John Kraus Rocket builder Astra is preparing to go public in the second quarter, taking on a crowded field of competitors while aiming for daily deliveries to space by 2025. CEO Chris Kemp spoke to CNBC this month about the company’s plans for its upcoming cash infusion.
Ghana has become the first country in the world to receive coronavirus vaccines under the World Health Organization-backed Covax facility for low- and middle-income countries, marking the beginning of what has been called the largest vaccine procurement programme in history. “With the first shipment of doses, we can make good on the promise of the
Whether you love or hate vegan “milk”, you cannot ignore it this week: Oatly, the Swedish non-dairy company, has just announced plans for a $10bn IPO. A victory for the sustainability cause? Perhaps. But the Oatly IPO may also fuel concerns about green froth, as we write below. Plus it shows the challenge of judging
Stephanie Mackara’s clients are “long-term, buy-and-hold investors,” but that hasn’t stopped some from calling to ask her about special purpose acquisition companies (SPACs), the trendy alternative to an initial public offering that’s sweeping the equities markets. “[SPACs] are extremely speculative and one is putting their full faith and credit into the SPAC firm to pick
How much are 140 million users worth? After a $50 million direct investment in travel app Maps.me earlier in the year, Alameda Research has announced today a $40 million investment in decentralized finance protocol Oxygen, a Solana-based lending platform that will plug into the app. Similar to lending protocols such as Aave and Compound, “Oxygen
A Nissan Leaf —a full electric plug-in vehicle or EV—charges next to a shopping mall at a dedicated … [+] EV parking space. (Photo by Michal Fludra/NurPhoto) NurPhoto via Getty Images If the future of cars is to be electric, the 2020’s will be the decade that turns the tide. Last year, demand for electric
An “Open House” sign is displayed in the front yard of a home for sale in Columbus, Ohio. Ty Wright | Bloomberg via Getty Images Higher mortgage rates and a winter weather disaster combined to weaken mortgage demand last week. Total mortgage application volume fell 11.4% compared with the previous week, according to the Mortgage
Indian billionaire Rakesh Jhunjhunwala, sometimes referred to as the Warren Buffett of India, says that the government should ban bitcoin. Calling the cryptocurrency “speculation of the highest order,” the billionaire investor stated that he will never buy bitcoin. Billionaire Rakesh Jhunjhunwala Thinks Indian Government Should Ban Bitcoin Rakesh Jhunjhunwala believes that the Indian government should
Getty getty Over the last few years there have been a lot of changes in required minimum distributions (RMDs) for IRAs and other retirement plans. It’s important to know the current rules, so you don’t pay more income taxes than you need to or incur the highest penalty in the tax code. The penalty for
The Securities and Exchange Commission’s decision to impose relatively short bars and no financial penalties on the auditors of the College of New Rochelle indicates that the commission takes seriously the work of these disclosure gatekeepers despite their not being complicit in the fraud uncovered in 2019. The SEC charged two former KPMG auditors on
Bloomberg Central Banks in Stimulus Dilemma as Reflation Bets Lift Yields (Bloomberg) — The unprecedented $9 trillion rescue mission by central banks to haul the world economy from its coronavirus recession is being tested as rising bond yields and inflation bets threaten their ability to keep borrowing costs down.While Federal Reserve Chairman Jerome Powell this
The 2021 Doomsday Clock has been set at 100 seconds to midnight! by David Bryan THE BINARY OF BINARIES The 2021 Doomsday Clock has been set at 100 seconds to midnight! Because financial, genetic, social, military, nuclear weapon or pandemic engineering do not have a binary to create unity, they produce tyranny. They engineer very
Wells Fargo has agreed to sell Wells Fargo Asset Management (WFAM) to private-equity firms – GTCR and Reverence Capital Partners – for $2.1 billion. WFAM is the asset management unit of the bank, with $603 billion in assets under management and specialized investment teams with more than 450 investment professionals. The deal is anticipated to
by howmuch Basic internet access to this article isn’t even a thought for people living in extreme poverty. Most of us think of extreme poverty as an abstract concept that we hear about but never see. Yet, as our visualization illustrates, a significant portion of the world’s population lives like this, separated geographically from the
Even if you’ve managed to avoid sitting through a company benefits meeting, you’re no doubt familiar with the concept of a 401(k) plan. A 401(k) is a defined-contributions plan. You sock away a set amount each paycheck, your employer may match some percentage of the contribution, and years later you declare your own financial independence.
Workhorse W-15 Electric Pickup Truck. Source: Workhorse Shares of Workhorse Group dropped more than 50% at one point on Tuesday after the company was passed over for a key contract from the U.S. Postal Service. Amid heightened volatility, the stock was halted multiple times during the last half hour of trading, before ultimately finishing the
Mexico’s state comptroller’s office has come under fire on Tuesday for backtracking on an audit that found President Andrés Manuel López Obrador’s decision to scrap a partially built airport was far costlier than the government said. The U-turn came after the auditor’s office, the ASF, highlighted a variety of irregularities and miscalculations in flagship government projects.
A young Indian environmental activist linked to Sweden’s Greta Thunberg has been freed on bail, 10 days after she was arrested and accused of sedition for her efforts in supporting a protest by farmers against new agricultural laws. Disha Ravi, 22, who launched the Thunberg-inspired “Fridays for Future” movement in India in 2019, was granted
Startup custodian Altruist has hired an ex-TD Ameritrade director to lead the company’s market strategy and help develop its offering. Pete Dorsey, TD’s former national managing director of institutional sales and relationship management, will now serve as chief strategy and revenue officer at Altruist. “Pete will be leading our go-to-market initiatives as well as overseeing
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