Month: July 2021

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,
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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
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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
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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
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[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
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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
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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
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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.
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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).
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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
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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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