Regardless of the political turmoil that arose in South Korea due to the crypto-related regulations, a leading politician had come forward to reveal that he had made investments in virtual currencies publicly. Won Hee-ryong, the Governor of Jeju Island, unveiled that he invested in four different cryptocurrencies. Wong Plans to Keep Updating People via Youtube
Month: May 2021
By Kerry Hannon, Next Avenue Job hunting these days is not for the meek, especially for those in their 50s or 60s. It’s challenging both in terms of time and emotional energy. But Steve Dalton, author of the new book “The Job Closer: Time-Saving Techniques for Acing Resumes, Negotiations, and More,” has some smart advice, which
Factors pushing U.S. inflation higher are likely to ebb at the start of 2022, said Federal Reserve Bank of San Francisco President Mary Daly. “There’s just going to be a sequence of these temporary factors that are going to persist probably through the end of the year,” Daly said Friday in an interview with Bloomberg
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
Forget what gold closing up for the 7th day in a row means and consider that when it comes to drawing pretty little lines on pimped-out charts… (by Half Dollar) Gold was “off to the races” once it finally broke through $1850, you know. And silver was launching “to da moon” imminently, if not sooner!
The Commodity Channel Index (CCI) is an oscillator originally developed by Donald Lambert and featured in his book “Commodity Channel Index: Tools for Trading Cyclical Trends.” Since its introduction, the indicator has grown in popularity and is now a very common tool for traders to identify cyclical trends not only in commodities but also in equities and currencies.
The Robinhood application on a smartphone. Bloomberg | Bloomberg | Getty Images Robinhood is giving amateur investors access to initial public offering shares in its latest move to democratize retail investing. IPO shares have historically been set aside for Wall Street’s institutional investors or high-net worth individuals. Retail traders typically don’t have a vehicle to
When speaking about David Zaslav, even the most cynical executives can barely restrain themselves from gushing. Lloyd Blankfein, the former Goldman Sachs chief executive, struggles to think of something critical, or even neutral, to say about his longtime friend. “I normally don’t like people. He’s kind of an exception. I find it hard to be
Does political sleaze matter to voters? The argument being advanced with increasing force by British Conservatives is that citizens are uninterested in opposition attacks on government misbehaviour and that political opponents have made a major misjudgment by focusing on it. Their view has been given added force by recent election results, which saw little sign
Since it entered the U.S. RIA market last year, Canadian asset manager CI Financial has been on an M&A rampage. The Toronto-based company has purchased more than 14 independent advisory firms, giving it an approximate $63 billion asset presence in the U.S. But while the company has proven it can close sizable deals quickly, it
Ares Management Corporation (ARES) revealed that its subsidiary has inked a deal to acquire all the assets of Black Creek Group’s U.S. real estate investment advisory and distribution business. Shares of ARES have jumped 33.4% over the past year. Black Creek Group is a prominent real estate investment management firm that invests in institutional-quality commercial
Take a look at some of the biggest movers in the premarket: VF Corp (VFC) – The company behind apparel brands like The North Face, Timberland and Vans posted a mixed quarter, beating top line estimates but reporting lower-than-expected per-share profit. VF said the majority of its supply chain is operational, although it has seen
Bidenomics on hold? Poor economic reports raise caution flags for massive spending plans Market economists warn of weakened recovery and rising prices, even as Fed chairman counsels calm. As problems for President Biden multiply at home and abroad, Bidenomics — the massive public spending that drives the president’s economic and domestic agenda — suddenly faces especially strong headwinds, as bad reports
Actor Steve Hytner has sold his Mid-City Los Angeles home for $1.59 million, which is nearly $200,000 more than the listing price for the newly-remodeled property. As Hytner’s most well-known character, Kenny Bania on the hit NBC sitcom Seinfeld, would say, “That’s gold, Jerry! Gold!“ The “Seinfeld” actor’s home received more than 50 offers after hitting
Daniel Acker | Bloomberg | Getty Images Sales of existing homes dropped 2.7% in April from March to a seasonally adjusted annualized rate of 5.85 million units, according to the National Association of Realtors. It was the third straight month of declines, the group said. Sales were 33.9% higher than April 2020, but that comparison
The new chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, is pushing for more regulation around cryptocurrency exchanges, citing the need for investor protection in this area. He has asked Congress to weigh in. SEC Chairman Pushes for More Crypto Regulation SEC Chairman Gary Gensler talked about cryptocurrency regulation on Thursday at
A self-directed IRA lets you invest your retirement account in nontraditional investments. But a recent Tax Court decision shows the dangers of taking shortcuts and not setting up and operating a self-directed IRA the right way. In the case, the taxpayer had a SEP-IRA. The custodian was a national bank. The taxpayer set up a
Red flags waved as Providence Mayor Jorge Elorza proposed issuing $704 million in pension obligation bonds to deal with a pestering unfunded liability problem in Rhode Island’s capital city. The amount exceeds the city’s annual operating budget. Bond markets often frown on such borrowing and sentiment among state officials who must sign off is uncertain.
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) - The silver futures price looks to be stuck in a massive consolidation range between $21.81 and $30.35/oz at the moment. However,
US Presidents have signed many executive orders concerning many of these issues, including Trump and now Biden, but when the modus operandi of America is corrupt fascism… (by Half Dollar) Recall that near the end of February, Biden signed the Executive Order on America’s Supply Chains. It has been a big deal, you know, so
First, know your memes. HODL began as a typo for the word “hold” on a bitcointalk.com forum, and the crypto community found it so amusing that they now use “HODL” as a term to denote holding (rather than selling) one’s cryptocurrency. In December 2017, bitcoin brought seasonal cheer to investors as its price gathered pace
A visual representation of digital currencies. Yuriko Nakao | Getty Images If it is not already patently obvious, and has been for a couple years, it would seem we have entertained the Crazy Town section of Crypto-Land. We have jumped the shark, crossed the Rubicon. We are over our skis and out of our minds.
A ceasefire between Israel and Hamas, the Palestinian militant group, came into force early on Friday ending an 11-day conflict that has killed at least 232 Palestinians and 12 Israelis. The Egypt-mediated truce triggered celebrations on the streets of Hamas-controlled Gaza, as the worst fighting in seven years came to a close. But an official
Biffa is looking to corner the rubbish market with £126m takeover of one of its leading rivals. The FTSE 250 waste management group said it had agreed to buy the UK rubbish collections arm and certain recycling assets from Viridor Waste Management. Michael Topham, Biffa chief executive, said the deal “broadens our coverage and control
As she looks to the future of the advice industry, Eileen Murray expects that the most successful firms will be staffed with more diverse, tech-savvy and socially conscious advisors. The chairwoman of FINRA’s board of directors offered a clear-eyed assessment of roadblocks the industry is facing and a mostly hopeful vision of how firms will
Alphabet’s (GOOGL) self-driving unit Waymo is looking to raise more money from outside investors. Waymo offers ride-hailing services using driverless cars in Phoenix, Arizona. In addition to transporting passengers, the trucking market is its other target. According to a Bloomberg report, Waymo aims to raise as much as $4 billion to invest in its self-driving
In this article KSS SPCE HRL BJ Virgin Galactic Check out the companies making headlines in midday trading. Kohl’s — Kohl’s stock fell more than 10% on Thursday after it said supply chain issues may drag on its profit margins. Like others, Kohl’s experienced supply chain hurdles starting in 2020 when factories in Asia shut
by visualcapitalist While bitcoin has been one of the world’s best performing assets over the past 10 years, the cryptocurrency has had its fair share of volatility and price corrections. Using data from CoinMarketCap, this graphic looks at bitcoin’s historical price corrections from all-time highs. With bitcoin already down ~15% from its all-time high, Elon Musk’s tweet announcing
At first glance, you might not call this estate in Carpinteria a contemporary. The innovative design takes many of its cues from adobe or Pueblo Revival architecture. But here, the stucco walls have clean, crisp corners rather than rounded edges. Overhangs replace exposed beams on the exterior. The trapezoid is the predominant structure shape, not the rectangle
US President-elect Donald Trump along with his son Donald, Jr., arrive for a press conference at Trump Tower in New York, as Allen Weisselberg (C), chief financial officer of The Trump, looks on. Timothy A. Clary | AFP | Getty Images The longtime chief financial officer of the Trump Organization, Allen Weisselberg, is under criminal
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