In this article MSFT TGT AMAT WOOF NVDA A shopping cart is seen in a Target store in the Brooklyn borough of New York, U.S., November 14, 2017. Brendan McDermid | Reuters As the year progresses, the vast majority of companies have already posted their latest quarterly results. The economic recovery ramped up throughout the
Month: August 2021
Hurricane Ida slammed into the US Gulf Coast on Sunday afternoon as an “extremely dangerous” category 4 storm, prompting fears of widespread devastation in Louisiana and other states in the region. The National Hurricane Center said wind speeds were around 150 miles per hour as the storm made landfall near Port Fourchon, Louisiana, about 60
Hello and welcome to the working week. You might have wondered why this newsletter has had so little to say about by far the biggest news story of this summer — Afghanistan. It is not because of lack of interest, but the point of The Week Ahead is to keep you abreast of the news
Consolidation in the wealth management space is real. The same can be said of the financial services landscape overall. Mariner just bought Advice Period. Bain just took a large stake in Carson. Goldman purchased United Capital not too long ago. There is more investment capital in the independent channel now than there has ever been.
After sliding since its July 2021 IPO, Krispy Kreme (DNUT) stock has started to bounce back. Investors are diving back into the doughnut chain’s shares, as despite their initial negative reaction to its most recent earnings report, they are again bullish on its ability to deliver above-average growth. The question now is whether this bounce
Sharing is Caring! ● Shot: Biden Pledges To Strike Back After Attack Kills 13 U.S. Service Members In Kabul. “’Know this,’ Biden said to the attackers. ‘We will not forgive. We will not forget. We will hunt you down and make you pay.’” —NPR, Thursday. ● Chaser: Pentagon: Two ‘High Profile’ ISIS-K Targets Killed in Retaliatory Drone
Visa’s splash into the NFT market was driven by an evaluation of the underlying technology and its ability to serve as a “promising medium for fan engagement,” according to a recent whitepaper published by the global payments giant. The Aug. 23 publication described nonfungible tokens as an important innovation during the pandemic, where strict shelter-in-place
Canada and Mexico residents accounted for the largest segment of international investors in U.S. residential real estate over the last year, while overall foreign investment in properties dropped to its lowest volume in roughly a decade, according to a recent study from the National Association of REALTORS® (NAR). The 2021 International Transactions in U.S. Residential Real
A cryptocurrency ATM has been installed in Honduras where users can buy bitcoin and ether. According to reports, this is the first crypto ATM in the country. Honduras borders El Salvador, where bitcoin is set to become legal tender in a little over a week. Cryptocurrency ATM in Honduras A cryptocurrency ATM launched this week
Personal finance is an exercise in mistake management more than the pursuit of perfection. Indeed, the best financial plans are those written in pencil, where numerous erasures are visible. They are novels that remain forever in draft form, in which the author continues to build on the narrative, charting out a series of compelling contingencies
The Puerto Rico Senate approved a hike in the island’s minimum wage Thursday. The legislation would lift the minimum to $8.50 per hour on Jan. 1, 2022, and $9.50 on July 2023. A third increase, to $10.50 per hour, was agreed for July 1, 2024, but subject to the evaluation of a newly created Minimum
Kendall Gretsch became just the fifth American – and third U.S. woman – to claim gold medals at both the summer and winter Paralympic Games when she won the women’s PTWC race in thrilling fashion Sunday morning in Tokyo. The 29-year-old Paralympic triathlete beat reigning world champion Lauren Parker at the line, in a time
Is this suppression going to get worse or is this the beginning of the end? Chris Marcus on GoldCore TV Silver Price Manipulation- Chris Marcus – The Big Silver Short Is the #silvermarket still being manipulated? We ask this of our this week’s guest #ChrisMarcus of Arcadia Economics and author of The Big Silver Short.
There are distinct benefits to grandparents paying for early education for their grandchildren. Most nanas and pop-pops have probably heard about the benefits of funding a 529 account. This type of account helps pay off those formidable education costs by allowing their issue’s issue to draw from it tax-free to pay for tuition, books, and
Japan’s health ministry is investigating the deaths of two men in their 30s after they received Moderna’s Covid-19 vaccines that were among supplies that were later suspended due to risk of contamination. According to the ministry’s statement over the weekend, the two individuals, who did not have any underlying conditions, died within three days of
Pockets of inflationary pressures are emerging Eurozone consumer price inflation is expected to continue to climb in August after rising to a year on year rate of 2.2 per cent in July, up from 1.9 per cent in the previous month and the highest levels since 2018. A poll by Reuters ahead of Tuesday’s data
Jude Erondu is good at everything he does — from social impact research, to financial planning, to axe throwing. Born in Abuja, Nigeria, Erondu grew up in an impoverished community that struggled to provide education and clean water. He moved to the United States to attend Green Mountain College, then to London for a graduate
Financials were the big winners in Wall Street last week. The S&P 500 financials gained 3.47 percent for the week, compared to 1.52 percent for the overall index. Bank of America Corp. (BAC) gained 2.4%, Citigroup Inc. (C) gained 1.9 percent, Wells Fargo & Co. (WFC) gained 4.1%, and JPMorgan Chase & Co. (JPM) gained
“One of the greatest tragedies in life,” according to author K. L. Toth, “is to lose your own sense of self and accept the version of you that is expected by everyone else.” For the people of Afghanistan — almost 40 million of them — the loss of self, as well as the loss of
Miriam Moore is the President of Default Services at ServiceLink, a provider of transaction services to the mortgage and finance industries. The U.S. economy, which was ravaged by the fallout from an unprecedented pandemic, is taking steps to course correct. This, after millions of homeowners already teetering on the brink of financial distress were pushed over
By now, if you’ve been paying attention, you know the many reasons that explain the sudden surge in inflation. What you don’t know—what nobody knows—is whether this surge will sustain itself for the long term or whether it will evaporate just as quickly as it came about. Maybe you don’t need to know that answer.
Unfunded retiree health-care benefits are the most material long-term liability for about one in 10 states and local governments, Moody’s Investors Service says. Retirement liabilities other than pensions — other-post employment liabilities, or OPEB — were roughly $1.1 trillion for the 50 states and more than 7,000 cities, counties and K-12 school districts that Moody’s
Investors, learn about a royalty company that has delivered 492% average quarterly revenue growth Source: Streetwise Reports (08/27/2021) In this episode of Streetwise Live! you will learn about a royalty company that has delivered 492% average quarterly revenue growth (Q3-2020 to Q2-2021). read more > Crescat Capital Gets Active in Precious Metals, Finds Outsized Returns
The political benefit to the US government goes beyond just keeping interest rates low… by Ryan McMaken of Mises Institute With the Federal Reserve’s annual Jackson Hole symposium there’s been much talk about when the central bank might allow interest rates to rise, presumably through the process of “tapering.” Tapering would mean easing monthly bond purchases,
Fidelity Investments reported that the number of 401(k) millionaires—investors with 401(k) account balances of $1 million or more—reached 233,000 at the end of the fourth quarter of 2019, a 16% increase from the third quarter’s count of 200,000 and up over 1000% from 2009’s count of 21,000. Joining the ranks of the 401(k) millionaires is actually quite achievable,
When Jay Powell spoke at the Jackson Hole symposium on Friday, the high-wire act he has performed since taking the helm of the US central bank in 2018 was again on full display. Having balanced a robust economic expansion, surging inflation and sky-high asset prices with fast-rising Covid-19 cases and the fact that nearly 6m
In Jack Ma’s home town of Hangzhou, the Alibaba founder’s expansive home boasts its own food supply within a national wetland park. But the compound is just one of his extensive land holdings in the city. “His nickname is ‘half of the city Ma’,” said a retired government official in the city of 10m who
Over time, the financial services industry has blurred the line between the terms financial “advisor” and “planner,” often at the expense of the client’s experience. A financial planner can be — broadly — defined as someone who sits down with a client and does lifelong financial planning. Financial advisor is a more general term. An
Coinbase (COIN) was in the news this week, in a big way, and not in a good way. As CNBC reported, users of the cryptocurrency trading platform have complained for months about “a pattern of account takeovers, where users see money suddenly vanish from their account, followed by poor customer service from the company.” Coinbase
Sharing is Caring! From Birch Gold Group If you’re concerned that the equities markets are going insane and that you might need to adjust your plan, you’re not alone. Let’s first shed some light on the insanity… Every Friday after Thanksgiving (except perhaps last year), major retail stores have had a “doorbuster” sale of some type. The mainstream
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