Take a look at some of the biggest movers in the premarket: Amazon.com (AMZN) – CEO Jeff Bezos announced that he and his brother Mark will join an auction winner aboard the first human spaceflight by Bezos’ Blue Origin on July 20. Bezos is set to step down as Amazon CEO on July 5 in
Month: June 2021
The pandemic-era work-from-home movement did more than spark an interest in home offices and homework nooks. It spawned increased offerings of kid-friendly amenities at luxury residential properties across the country. Safe havens for kids to explore when outside their own homes, these amenities are helping keep young ones engaged while parents log eight hours’ worth
The chairman of major Indian company Infosys says that crypto should be regulated as an asset, like a commodity. He believes that crypto investors will significantly contribute to India’s economy. Infosys Chairman Wants Crypto Regulated as an Asset Infosys Chairman Nandan Nilekani says the Indian government should regulate crypto as an asset that can be
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) – Gold is in a firm consolidation mode at the moment after finding some firm support at the low volume now
Hacking silver is one thing. Another thing is a false flag or false flag hoax in the form of a “hack”. It’s so utterly simple yet serves so many purposes… (by Half Dollar) Was there even a hack? I don’t know. For I am only an idiot. So I’m asking. I will say this, however:
The Bank of England is continuing to devote significant resources to researching digital money in both private and public forms. With an eye on both the domestic and international context, the central bank’s latest discussion paper, published June 7, outlines the role and possible developments of both in the ongoing evolution of money. Commenting on the
What Are the Risks and Rewards of Investing in Startups? Investing in startup companies is a very risky business, but it can be very rewarding if and when the investments do pay off. The majority of new companies or products simply do not make it, so the risk of losing one’s entire investment is a real
Uber’s ride-hailing business returned to pre-pandemic levels in the UK in mid-May, as the easing of lockdown restrictions spurred users to get back on the road faster than the company expected. Wider geographic coverage beyond big cities such as London and an embrace of new forms of transport, including traditional taxis, helped fuel a sharp
Welcome back. One day I will stop writing about inflation, but today is not that day. Perhaps inflation is just the name I give to all my economic anxieties now? If you have other, better fears to share, send them along: Robert.Armstrong@ft.com. Also, I’m taking tomorrow off. See you Wednesday. The sin of wages Last
When most people think of ESG investing, they think of climate change — portfolios that avoid companies that harm the environment, or that invest in companies that protect the environment. “When you add gender and diversity as a screen to your clients’ investments, you not only offer a chance to invest in companies that research
Since its heavy decline in late May, Bitcoin has been trading sideways, staying tight in a consolidation between the $34,000 and $39,000 levels. This trend is difficult to read and no one knows which direction it may break toward. However, that does not mean there has been any less news on the famed cryptocurrency. Miami: CryptoTown This past weekend, on June 4th and 5th, the world’s
Sharing is Caring! by Charles Hugh-Smith People caught on that the returns on the frenzied hamster wheel of “normal” have been diminishing for decades, but everyone was too busy to notice. The superficial “return to normal” narrative focuses solely on first order effects: now that people can dispense with masks and social distancing, they are resuming their
Tampa is taking on a steep agenda aimed at better preparing it for the impacts of climate risks and improving long-standing economic and social inequities. The groundbreaking Resilient Tampa roadmap introduces 58 bold initiatives to tackle the known and unknown of the 21st century. As in cities across the globe, the Covid-19 pandemic and ensuing
Sina Weibo, the Chinese equivalent of Twitter, banned the accounts of several key cryptocurrency and defi influencers in the country yesterday, according to reports from local sources. This might be a continuation of the anti-crypto stance the Chinese state has been exerting since 2013, and more profoundly in the last days with the crackdown of
You’ve got to be on LinkedIn, Twitter, Facebook and Instagram—and have a newsletter, blog, podcast and a YouTube channel, right? If you’re a financial advisor today, this is likely the message you’ve gotten from what feels like an onslaught of self-styled financial advisory consultants and coaches. But while I absolutely agree that each advisor should
Nick Paul scored in overtime on a 2-and-1 break with Ottawa Senators teammate Connor Brown and Canada won its 27th world hockey title, beating Finland 3-2 in Riga, Latvia, on Sunday night. Brown slid the puck over to Paul and he beat goaltender Jussi Olkinuora 6:26 into the extra frame. Maxime Comtois and Adam Henrique
If this was really the peak of inflationary expectations, the news would be bad for gold, which is seen as a hedge against inflation. However, many analysts expect… by Arkadiusz Sieron of Sunshine Profits Gold is fluctuating around $1,900 amid a sideways trend in real interest rates and a decline in inflationary expectations. Gold surpassed
Research has revealed that one in five Australians believe that crypto is the key to homeownership as confidence in traditional savings dwindles. The survey, conducted by cryptocurrency exchange Kraken, found that an increasing number of young Australians are becoming disheartened by traditional investment options. Almost one quarter of those surveyed expressed concern that the value
Robinhood IPO Details Robinhood Markets Inc., is an online brokerage company with a stock trading and investing app aimed at younger retail investors. The company, an early adopter of zero-commission trades, filed for a confidential initial public offering (IPO) in March 23, 2021. A confidential IPO allows a company to submit an initial draft of
Germany’s Christian Democrats won a decisive victory in elections in the eastern state of Saxony-Anhalt on Sunday, in a huge boost for their leader Armin Laschet and his bid to succeed Angela Merkel as chancellor in September. The CDU was able to hold off a strong challenge from the far-right Alternative for Germany (AfD), which
The UK population has the highest confidence in Covid-19 vaccines, while Japan and South Korea have the lowest, according to a report based on data from an international survey of 15 countries. The survey, conducted between March and May, showed the most common reasons for vaccine hesitancy were concerns about side effects and fears over
Many investors are intrigued now by the traditionally boring world of U.S. savings bonds because of the buzz about the virtues of savings bonds that offer inflation protection. While a general savings bond just accrues interest at a fixed rate, part of the interest on I bonds, as they are known, is based on a
Inflation may be rising, but for now, at least, investors don’t seem to mind. Both the NASDAQ and the S&P 500 are holding just below their all-time high levels, reflecting a wide-spread feeling that, with interest rates low, stocks will provide the strongest returns for the near future. And stocks have been delivering. The S&P
Sharing is Caring! by David Haggith Let’s look at what has continued to develop with inflation in the short time since my May articles on the subject because inflation is going to cause the Fed’s “Great Recovery” but burn up in its own incendiary blast. A rapid spread of fiery inflationary data lit up the landscape
German architect Rolf Demmler first arrived in China in 2004 after what he says was an “accident.” Facing an uninspiring career trajectory at home, Demmler was ready for a change when opportunity called. “Somebody from out of nowhere said, ‘We have job offerings in China,’” he recalled in a recent interview in Shanghai. “It labeled itself
press release PRESS RELEASE. TimeCoinProtocol is the decentralized sharing economy protocol which aims to optimize world resource usage. Various applications can be built and run on theTimeCoinProtocol including third party applications. The project puts a strong focus on the Gig Economy and Creator Economy. The project has issued an original crypto currency called TimeCoin(TMCN) which
Introduction to Morrissette The recent Tax Court decision in the Estate of Morrissette v. Commission, T.C. Memo 2021-60 (May 13, 2021) put the kibosh on a complex insurance tax plan and handed the IRS a victory. The case has been nicknamed in the tax planning community as “Morrissette II” since it follows a case for
A suit by the Puerto Rico Senate against the transfer of the island electrical system’s transmission and distribution system has itself been transferred to the federal Puerto Rico bankruptcy court. On Thursday the Puerto Rico Electric Power Authority and Fiscal Agency and Financial Advisory Authority transferred the case to the PREPA bankruptcy in the United
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) – According to many analysts, financial markets have entered a goldilocks environment where conditions are neither too hot nor too cold.
Millions of Americans, Christians and social conservatives especially, are finding that the nation’s most influential institutions appear to be implacably hostile toward them…. by Ryan McMaken of Mises Institute In twenty-first-century America, millions of Americans—Christians and social conservatives especially—are finding that the nation’s most influential institutions appear to be implacably hostile toward them. These institutions
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