In this article GOOGL California Governor Gavin Newsom speaks at the opening of the country’s first federal and state operated community vaccination site during the outbreak of the coronavirus disease (COVID-19) in Los Angeles, California, February 16, 2021. Mike Blake | Reuters California Governor Gavin Newsom pointed to a recent flood of tech IPOs and
Month: May 2021
Tesla CEO Elon Musk has confirmed that he has not sold any dogecoin and will not sell any as the price of the cryptocurrency continues to slide over the recent weeks. The “Dogefather” has been working with dogecoin devs “to improve system transaction efficiency” after Tesla suspended accepting bitcoin for payments, citing environmental concerns. Elon
There’s an old adage when it comes to building a seven-figure retirement account: “Save early and often.” Implicit in these four words lies the powerful concept of compound interest. You’ve heard the term “compounding,” you’ve probably grown numb to its true meaning. In case you need reminding, it refers to the fact that, over time,
Municipal bonds were little changed Friday ahead of a $7 billion pre-holiday week — led by the Washington Metropolitan Area Transit Authority’s $800 million-plus green bond deal — as investors head into the last week before the June reinvestment season begins. There are 19 deals larger than $100 million in a mixture of credits that
Bloomberg Crypto Hedge Funds Buy the Dip in Bitcoin’s Week of Reckoning (Bloomberg) — Felix Dian is in fighting spirits after this week’s crypto meltdown.Like many pros, the former Morgan Stanley trader says Bitcoin’s volatility actually shows why hedge funds are in the digital-currency game: To ride boom and bust cycles with diversified bets so
Was it an overreaction by jumpy politicians who chose to err on the side of safety? Or was it… by John Rubino of Dollar Collapse Pretty much everyone over 40 remembers a riveting but ultimately frustrating 1990s TV show called the X-Files, in which aliens show up and make some extreme demands on the world’s
What Is a Debt Ratio? The debt ratio for a given company reveals whether or not it has loans and, if so, how its credit financing compares to its assets. It is calculated by dividing total liabilities by total assets, with higher debt ratios indicating higher degrees of debt financing. Debt ratios can be used
Until last summer, Tsargrad TV, which styles itself as a Russian Orthodox answer to Fox News, was an obscure corner of YouTube. The Russian-language online news channel was best known for its priestly presenters and conspiratorial musings about the global financial system plotting against Moscow — suspicions it viewed as confirmed last July when the
New UK government research suggests two doses of a Covid-19 vaccine are needed to provide strong protection against symptomatic infection from the coronavirus variant first identified in India, according to two people briefed on the preliminary data. Two vaccine doses provided 81 per cent protection against the B. 1.617.2 variant found in India, and 87
Despite the massive global expansion of sustainable investing assets, many investors are still unsure of where to find useful ESG data on which firms are living up to their corporate pledges. Nearly 75% of U.S. adults disagree or strongly disagree with economist Milton Friedman’s doctrine stating that companies have no social responsibility other than to
Advanced Micro Devices (AMD) hasn’t had a great year, with shares falling 16% since the start of 2021. Should investors be worried about this underwhelming showing? Not according to the semiconductor giant. In fact, going by the company’s latest actions, quite the opposite. On Wednesday, AMD announced an unprecedented share-repurchase program. Over an unspecified period,
In this article T OTLY BA .CRBQX VFC DE An ASL Airlines Boeing 737-400 freighter landing at Milan Malpensa airport. Fabrizio Gandolfo | LightRocket | Getty Images Check out the companies making headlines in midday trading. Boeing — Boeing shares edged nearly 3% higher in midday trading after Reuters reported the aircraft manufacturer discussed increasing
by Charles Hugh-Smith We can also posit a general rule that those who inherit wealth and succumb to FOMO are eventually less wealthy while those who are wealthy and take a pass on FOMO / hoarding at the top of the manic frenzy increase their wealth. Judging by the panic buying of everything from homes
CEO and Co-Founder of Green Generation, which engineers and implements comprehensive integrated energy efficiency solutions. This year’s Earth Day held particular importance. I didn’t need to revisit the doomsday statistics or look to signs of progress to substantiate that point. After all, measures of the efforts to mitigate and ultimately reverse anthropogenic climate change were front
The Atlantic hurricane season hasn’t even begun (it officially starts June 1), but excessive spring flooding has already displaced thousands of residents in Louisiana. A freak ice storm in Texas in February took out much of the state’s power grid, plunging nearly 10 million people into a cold, dark catastrophe. More than 150 people
The Museum of Modern African Art Gallery & Lifestyle (MOOMA), a platform that promotes African artworks, recently kickstarted a 30-day non-fungible token (NFT) Modern African Art Exhibition. The exhibition, which will be MOOMA’s first NFT showcase, is set to feature the works of Goran Pin or the Portraitist. Pin, a Croatian national, is an artist
By Chris Farrell, Next Avenue Increasing numbers of people have found themselves living on low and insecure incomes for decades, including many workers 55 and older. Following the trauma of the pandemic and the social unrest after the murder of George Floyd by a former Minneapolis police officer, addressing the problem of creating a more equitable
The Federal Reserve should get a conversation going on tapering its bond-purchase program “sooner rather than later,” Philadelphia Fed President Patrick Harker said, adding his voice to a growing minority of U.S. central bank officials signaling the process should begin sometime soon. “It is something that, in my mind, we should start to have a
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) – Northern Vertex Mining (TSX.V: NEE), a U.S.-focused gold producer, announced today that the company’s Moss mine, located in Arizona, USA,
If you think the economy is going to get back to normal now that the CV19 crisis is subsiding, you have got another thing coming… Greg Hunter gives The Weekly News Wrap-Up for Friday, May 21, 2021 Israel/Hamas Truce, Fight Back Against the Jab, Inflation Coming If you think the economy is going to get
The United States is one of the largest crude oil producers in the world. In 2018, the U.S. became the world’s top crude oil producer. In 2019 and 2020, the country maintained this position. In the U.S., crude oil is produced in 32 U.S. states and in U.S. coastal waters. In 2020, about 71% of
In this article BTC.CM= DOGE.CM= ETH= Heidi Gutman | CNBC Veteran investor and IAC chairman Barry Diller said Friday that he doesn’t trust cryptocurrencies and believes that the digital assets are “a con.” “I watch some of the people that you have on and they talk about it – $40,000, $12,000, whatever – I think
Cryptocurrency prices took a renewed dive on Friday after China launched its second broadside against bitcoin in three days. The new swoon wiped 12 per cent off the value of bitcoin, 20 per cent from ethereum and 18 per cent from dogecoin and also appeared to bleed over into the US stock market, where the
The writer is a former UK prime minister With the virulent B. 1.617.2 variant of Covid-19, which was first detected in India, spreading across Asia and Africa and now taking root in Britain, we are once again confronted with the unanswerable truth that no one is safe anywhere until everyone is safe everywhere. Fortunately, the
A multiyear push by the nation’s largest independent broker-dealer to appeal to RIAs is paying off, as a wirehouse breakaway team chose LPL Financial as custodian for its newly launched fee-only practice. Financial advisors Jennifer Kirby and Frank Granizo of Talisman Wealth Advisors left Merrill Lynch and dropped their FINRA registrations, picking LPL over many
It is a turn of events that has become increasingly familiar this earnings season. Cisco (CSCO) delivered better-than-expected quarterly results on Wednesday, but investors expressed disappointment in the company’s outlook and several soft metrics and sent shares lower in the subsequent session. Both the top-and bottom-line results were solid. In F3Q21, the networking company generated
Traders on the floor of the New York Stock Exchange. Source: NYSE The trading pattern of the past two weeks – particularly alongside cryptocurrency’s movements – suggests stocks could continue to be volatile in the week ahead. Investors are watching the wild swings in bitcoin and trying to gauge whether technology shares can gain traction
by confoundedinterest17 US existing home sales for April were released this morning and show a month-over-month decline of 2.7% from March with 5.85 million units sold SAAR. Median price of existing homes sales rose to 19.1% YoY on staggering Fed stimulus and still super low inventory. I can picture Atlanta Fed President Raphael Bostic screaming “Its
San Miguel de Allende, located about a three-hour drive from Mexico City at 6,135 feet above sea level in the state of Guanajuato, is a prime destination for American retirees. COVID has only increased this gem of a city’s desirability. These ex-pats move for a mild climate, five-star dining, accessible art and culture, Baroque/Neoclassical colonial
Residential buildings in the East Village neighborhood of Manhattan in New York City. James Andrews | iStock | Getty Images The Treasury Department announced on Friday that it’s disbursed more than $6 billion to states to help renters and landlords struggling because of the coronavirus pandemic. Between the last two major stimulus packages, Congress has
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