The Walt Disney Company’s (DIS) latest release Black Widow is turning into a fount of controversies. The movie, which recorded Hollywood’s best weekend opening of the year only to crash to one of the lowest box office grosses for a Marvel movie, generated headlines after theater owners criticized Disney’s business strategy. It is in the
Month: July 2021
In this article XOM CVX Michael Wirth, CEO of Chevron. Adam Jeffery | CNBC Chevron reported a second straight quarter of profits Friday as improving demand for petroleum products and a jump in oil prices boosted operations. The company also reinstated its share repurchase program. The oil giant earned $1.71 per share during the second
The consultancy firm Berkeley Research Group has been lined up to take control of the private equity fund that owns the Israeli spyware maker NSO Group, in a move that would give the Californian company an important say in NSO’s future. Investors in the Novalpina Capital private equity fund that bought the surveillance company in
Over 200,000 people marched in cities across France on Saturday in the biggest turnout of three consecutive weekends of protests, calling for an end to what they see as draconian rules forcing them to get vaccinated against their will. They marched down the streets of Paris, Lyon, Marseille, and elsewhere, shouting “This is a health
The nation’s largest independent broker-dealer is getting bigger at four times the rate it was only three years ago, with record metrics to match. After its acquisition of Waddell & Reed and onboarding of the wealth management programs of M&T Bank and BMO Harris, LPL Financial’s net new asset growth rate has surged to 12%
Sharing is Caring! From Birch Gold Group Among the many contenders for the most frequent scams in 2021, Business Insider has selected the five most frequent offenders. Last year, there were more than 800,000 scams with some form of online presence, resulting in losses of more than $4.2 billion. Scammers haven’t taken it any easier this year,
Every trader aims to buy low and sell high, but only a few are able to muster the courage to go against the herd and purchase when the downtrend reverses direction. When prices are falling, the sentiment is negative and fear is at extreme levels, but it’s at times like these that the inverse head
As lumber prices hit dramatic highs last Spring, homebuilders and developers held their breath, with many opting to delay construction on new projects until prices abated. The roller-coaster prices hit both large national entry-level builders and custom luxury home developers building on speculation. Lumber prices have since come back to earth—according to Fortune, lumber prices have
In this article Rauf Karimov | iStock | Getty Images With the national eviction ban expiring today, Leopold expects he and his wife, Vivia, and their six young children, will be forced out of their home in Deerfield Beach, Florida, where they’ve lived for the past three years. They’re one of millions of families in
South African Reserve Bank (SARB) governor, Lesetja Kganyago, has once again confirmed that the central bank is presently studying the feasibility of issuing a digital currency. In his remarks at the SARB’s annual general meeting, governor Kganyago suggested his organization has embarked on this study to keep abreast with the growing trend of central banks
By Richard Eisenberg, Next Avenue Editor A headline on Stanford University Business School’s Insights site caught my eye recently: “Workplace Equality for All! (Unless They’re Old).” The piece described fascinating research by NYU’s Michael North and Stanford’s Ashley Martin which found that workers who openly oppose racism and sexism were still prejudiced against older workers. As
Puerto Rico net General Fund revenues came in 3.1% ahead of projections in May. The Puerto Rico Department of the Treasury said through the first 11 months of fiscal 2020-2021, net revenues were ahead by 1.14%, at $10.2 billion. The Treasury Department’s actual figures are compared to the Puerto Rico Oversight Board’s projections. Puerto Rico
[embedded content] With the challenges of shutdowns brought by COVID-19 largely behind us, miners can now focus on rebuilding production to maximum capacity. Inflation now remains the biggest challenge to miners, said Peter Marrone, executive chairman of Yamana Gold. “It seems to me that the challenge that is fronting this industry presently is inflation, and
by Graham Summers of Gains, Pains, & Capital Yesterday President Biden suggested that the U.S. might face another wave of lockdowns. Among the various policies he hinted at were: 1) Mandating that all Americans get the Covid-19 vaccines. 2) Shutting down businesses, schools, society like in 2020. The question now is whether this is a
Spreads play a significant factor in profitable forex trading. When we compare the average spread to the average daily movement, many interesting issues arise. First, some pairs are more advantageous to trade than others. Secondly, retail spreads are much harder to overcome in short-term trading than some may anticipate. Third, a larger spread does not
People exit the headquarters of the U.S. Securities and Exchange Commission (SEC) in Washington, D.C., May 12, 2021. Andrew Kelly | Reuters The Securities and Exchange Commission said Friday it will require additional disclosures from Chinese companies seeking a listing on U.S. stock exchanges, following Beijing’s intensified crackdown on oversea share issuance. “In light of the
Russia’s central bank governor has warned that inflation is set to be a long- term phenomenon in her country, signalling that the bank is likely to continue with its tough monetary policy stance. Elvira Nabiullina told the Financial Times in an interview that public fears over soaring prices lay behind the central bank’s concerns. Sharp
At the Tokyo 2020 Olympics, each day records are being set by the dozen. Globally, a different set of records are making history but for the wrong reasons. The number of so-called “planetary vital signs” hitting new highs and lows, despite the restraint to human activity from the pandemic in the past year, were highlighted
On December 12th, 1969 at the O’Hare Hotel in Chicago, Illinois, Loren Dunton held a meeting with thirteen leading financial service professionals with the specific goal of creating a profession that provided comprehensive financial advice to unprepared Americans. Overall, the meeting was successful and it became the official birthplace of financial planning as a profession.
The PayPal app shown on an iPhone Katja Knupper | DeFodi Images | Getty Images Check out the companies making headlines in after the bell. Facebook — Shares of the social media giant fell more than 3% after warning of significant growth slowdown as it reported quarterly earnings. Facebook surpassed analysts’ estimates for earnings and
Cash may be king when it comes to purchasing Bitcoin (BTC), as recent data states that there has been a spike in crypto ATM installations during 2021, showing a 71.3% increase from Jan. 1, 2021, until the time of reporting. Specifically speaking, there are currently over 24,000 crypto ATMs located across the globe. Data further suggests
Among the many impacts COVID-19 wrought on society in 2020 was a rapid shift to remote work for millions of office workers. If you were among them, you likely had to quickly adapt a work from home space that allowed you to continue functioning with the equipment and furniture you had on hand. Some employers
Buying a house can be expensive. The typical U.S. home will set you back $287,148, according to a recent report from Zillow. But the mortgage amount most likely won’t cover all of the upfront costs homebuyers will face. Check out this video for a full breakdown of how much you should have in savings before
On Thursday, the Palo Alto-based automated investment service firm, Wealthfront Inc., announced that customers can now get exposure to crypto assets via the company’s platform. The firm revealed that clients can choose from two Grayscale investment trusts, as the company now offers investments in the Grayscale Ethereum Trust (ETHE) and the Grayscale Bitcoin Trust (GBTC).
By Kerry Hannon, Next Avenue As employees inch their way back to the office, are employers acknowledging that caregiving for aging parents, spouses, partners and close relatives is a front and center concern for their workers? It looks like it. At the very least, based on my reporting talking with employers, workers and benefits professionals, the
Issuance in July fell more than 30% short of 2020 figures but is roughly 13% above the month’s 10-year average, while total issuance for the year-to-date is ahead of last year’s record-breaking pace by a small margin. At $31.9 billion, municipal bond volume was 33.1% lower this month than July 2020 when it totaled 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) – Fortescue Metals Group (ASX:FMG) today reported record iron ore shipments of 49.3 million tonnes (mt) for the June quarter 2021
Remember the old saying, “you don’t want to see a world with $100 silver”? Yeah, well, we may just have to dial back our expectations… (by Half Dollar) The ease with which nearly all things are surging in price never ceases to amaze. Does it? For example, I just started looking for a new pair
Every year, about 40% of American adults visit at least one of the casinos that are located in Las Vegas, Nevada, in Atlantic City, New Jersey, or in one of the dozens of places in between, not to mention on the web. A lucky few take home a lot of money. Alas, If you win
MicroStrategy CEO Michael Saylor on Friday defended his enterprise software company’s debt-financed purchases of bitcoin, telling CNBC he sees buying the cryptocurrency right now as comparable to investing in Facebook in the social network’s early days. “We’ve got $2.2 billion of debt and we pay about 1.5% interest, and we have a very long time
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