Month: September 2021

courtneyk | E+ | Getty Images The end of eviction protections combined with the snail-paced distribution of federal rental assistance means that the struggles for renters aren’t going away anytime soon. More than 6 million households remain behind on rent payments, a figure that has only worsened of late, despite an unprecedented allocation of funding
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The digital currency network Cardano is two days away from the upcoming hard fork on September 12 and the community is expecting to see functional smart contracts. These can be used for decentralized finance (defi), non-fungible tokens (NFTs), and other types of decentralized applications (dapps). Cardano has managed to capture the third-largest crypto market capitalization
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Public pensions facing growing public scrutiny and criticism over mismanagement of investments are increasingly resorting to “pension theatre.” Fully two and a half months after my firm, Benchmark Financial Services released a report commissioned by the Ohio Retired Teachers Association entitled “The High Cost of Secrecy: Preliminary Findings of Forensic Investigation of the State Teachers
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First of two parts Visceral memories of the Sept. 11 terrorist attacks on the World Trade Center in New York City — and more positively, the response from the capital markets — linger 20 years later. The anniversary comes as the city is trying to emerge from a newer crisis, the COVID-19 pandemic. Meanwhile, generational
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Silver witnessed a modest intraday pullback from the $24.30 static resistance. The set-up favours bearish trades and supports prospects for further losses. A sustained break below the $23.80 support will reaffirm the negative outlook. Silver struggled to capitalize on its modest intraday gains, instead met with some fresh supply near the $24.30 static resistance and
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Ukraine has become the latest country to legalize cryptocurrency, just days after El Salvador adopted Bitcoin as legal tender. In an almost unanimous vote on Sept. 8, the Ukrainian Parliament adopted a virtual asset bill making cryptocurrency and other digital assets legal in the country. Known as Bill No. 3637 On Virtual Assets, the draft bill provides clarification on how individuals and businesses utilizing digital currency can
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Each year, roughly 800,000 couples get divorced in the United States. More often than not, divorce is time-intensive and emotionally draining, and divorce proceedings can last upwards of a year, with the total cost averaging $12,900. While you don’t have to have a lawyer to get divorced, the process is legally complicated, and being without
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Brian Moynihan, chairman and chief executive officer of Bank of America Corp, speaks in New York City, September 25, 2019. Shannon Stapleton | Reuters Bank of America CEO Brian Moynihan announced the most sweeping management overhaul of his 12-year tenure atop the giant financial institution. In a memo distributed to employees on Friday, Moynihan named
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Asked this summer whether he was too unemotional, Olaf Scholz retorted that he was “running for the job of chancellor, not circus director”. It was a typical rejoinder from a man so cool and occasionally robotic that he’s been nicknamed the “Scholzomat”. In some countries this might be a handicap, but in Germany it is
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In this article WFC BHC-CA ENDP AFRM 7203.T-JP NLSN Check out the companies making headlines before the bell: Affirm Holdings (AFRM) – Affirm soared 22.4% in the premarket as the “buy now, pay later” company’s revenue easily topped estimates. Active merchant numbers more than quintupled and Affirm issued a positive outlook as well. Toyota Motor
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Municipals were little changed, underperforming a U.S. Treasury rate reversal from Wednesday as all eyes were on the primary with Minnesota selling $897 million of general obligation bonds to strong reception. Triple-A benchmarks were unmoved while the 10-year UST fell four basis points and the 30-year five. As such, ratios rose slightly with the 10-year
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Base Carbon announced yesterday it completed an equity financing of approximately $16mm CAD at $0.50 per common share. Base Carbon is targetting the carbon offset sector. Non-brokered financing was led by Robert Friedland and investors at Abaxx Technologies. “Base intends to deploy capital across the carbon credit market ecosystem in a risk-adjusted manner as carbon
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Lumber prices are back down due to a rush of supply. But what about all the other industrial inputs? What’s going on there? The Fed apologists like to cling to falling lumber prices as proof that the current spate of price inflation is, in fact, “transitory”. OK, fine. Lumber prices are back down due to
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Sharing is Caring! ‘Your refusal has cost us all’: Biden declares war on the 80M unvaccinated Americans in speech ordering mandates on two-thirds of ALL workers and insists: ‘This is not about freedom’  President Joe Biden slammed the 80 million Americans who have yet to get a COVD vaccine shot, asking them ‘what more is
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The United States Securities and Exchange Commission (SEC) has charged Rivetz over an alleged illegal securities offering that fetched around $18 million. Rivetz was founded in 2013 and the now-defunct blockchain hardware firm has been accused of generating $18 million via an unregistered securities offering between July and September of 2017 from more than 7,200
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