Month: August 2021

Regional reports from China indicate that government officials have been reviewing over 5,100 small-sized hydropower plants in order to get them to adapt to China’s cleanup and rectification process concerning future energy sources. China has pledged to be carbon neutral and ultimately have zero carbon emissions by 2060 and the recent crackdowns on bitcoin miners
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Recently, I’ve spoken with several people who are worried about losing some or all their Social Security benefits because of a divorce. This concern points to the confusion surrounding spousal benefits for Social Security. Divorce and subsequent marriages may alter your Social Security claiming options, but will a divorce mean your ex-spouse can take some
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The economy is much weaker than it appears… John Williams interviewed on USA Watchdog by Greg Hunter Economist John Williams, founder of ShadowStats.com, says the economy is much weaker than it appears. Williams cuts through the phony gimmicked government numbers to give a true economic picture. His analysis shows the economy is already slowing down anew.
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Zillow is one of the most popular real estate databases online. Founded in 2006 by former Microsoft executives Rich Barton and Lloyd Frink, Seattle-based Zillow lists information about millions of homes for sale and rent across the United States and Canada. Users can search for a home in a particular area using different criteria including—but
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The safest hedged portfolio would do no better than cash. Its perfect balancing of risks would earn nothing. That reality did not stop Allianz Global Investors, an offshoot of Europe’s largest insurer, from coming unstuck after offering supposedly protected returns. Tempestuous markets in early 2020 damaged its US Structured Alpha Funds, triggering client lawsuits and
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Canadian Natural Resources Limited (CNQ), one of Canada’s largest natural gas and crude oil producers, is set to report its second quarter earnings on August 5, 2021, before markets open. The management team will host a conference call to discuss second quarter results at 10:00 a.m. ET. Canadian Natural Resources Limited acquires, explores for, develops,
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Trophy project or a vital piece of New York’s infrastructure puzzle? The Federal Aviation Administration on July 20 approved the $2.1 billion elevated AirTrain transit connector for LaGuardia Airport in northern Queens, reviving spirited debate over an undertaking that Gov. Andrew Cuomo has championed. It is already fourfold over budget and two years late. A
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China-based EV maker Li Auto (LI) revealed that it hit a new record and crossed the 8,000-vehicle target, with the delivery of 8,589 Li ONEs in July 2021. This marked a 251.3% year-over-year and 11.4% sequential growth. Shares of Li Auto closed 8.9% higher on Friday. As of July 31, 2021, total deliveries stand at
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Jack Dorsey’s Square has reported a 200% increase in Bitcoin revenue for the second quarter year-on-year (YoY). The company announced the impressive earnings figures in its second-quarter shareholder letter on August 1. In the report, Square revealed its total gross profit grew 91% YoY to $1.14 billion. Bitcoin services drove $2.72 billion in revenue for
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A promoter of the cryptocurrency scheme previously touted by famous martial artist and actor Steven Seagal has pleaded guilty for his participation. The scheme falsely claimed that it “could generate an 8,000% return for investors within one year.” Crypto Scheme Promoter Pleads Guilty The U.S. Department of Justice (DOJ) announced Friday that John DeMarr, 55,
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Gains or losses are said to be “realized” when a stock (or other investment) that you own is actually sold. Unrealized gains and losses are also commonly known as “paper” profits or losses. An unrealized loss occurs when a stock decreases after an investor buys it, but has yet to sell it. If a large
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