Higher cryptocurrency prices recently have restored interest in digital coin minting in Vietnam. Crypto mining is once again seen as an investment opportunity with other options being limited by the ongoing coronavirus pandemic that has been affecting the Asian country. Vietnam’s Sales and Prices of Crypto Mining Rigs Spike in September Demand for crypto mining
Month: September 2021
The Social Security OASI Trust Fund for retirement benefits is projected to be exhausted by 2033, according to the summary of the Annual Social Security and Medicare Trustees Report that was released in August 2021. That’s one year earlier than what was projected in the 2020 trustees report. Does this mean that in 2033, retirees will receive nothing from
Municipals were little changed to a touch weaker out longer Tuesday, outperforming U.S. Treasuries, which saw yields rise as much as five basis points, while equities were mixed on the day. Ratios fell slightly out longer with the municipal to UST 10-year ratio at 70% and the 30-year at 77%, per Refinitiv MMD. The 10-year
Stocks fell on Tuesday, with Wall Street indices retreating from last week’s record highs. Lisa Erickson, U.S. Bank Wealth Managemen and Victoria Fernandez, Crossmark Global Investments Chief Market Strategist joined Yahoo Finance Live to discuss. Video Transcript SEANA SMITH: Welcome back to Yahoo Finance. We have about a minute to go here until the bell,
If continued stimulus is necessary to keep job growth going, which appears to be the case, what’s the Fed going to do to keep prices from… by Ryan McMaken of Mises Institute Job growth numbers on Friday failed to impress. Economists had predicted job growth in the area of 720,000, but according to the Department
If you’re one of the more than 44 million Americans who rent their homes, you likely have a landlord to call when things go wrong. Unfortunately, some landlords are more attentive than others in addressing their tenants’ problems, sometimes leading to uncomfortable, or even dangerous, living situations. If your landlord fails to make necessary repairs
The CEO of the investment firm running the world’s biggest bitcoin fund sounded off on comments made by Securities and Exchange Commission chair Gary Gensler about the likely approval path for the first U.S. bitcoin ETF. Michael Sonnenshein, CEO of Grayscale Investments, warned on Tuesday that the SEC would be making a mistake if it
A Colombian businessman regarded as the chief dealmaker for Nicolás Maduro’s Venezuelan government is almost certain to be extradited to the US after losing his final legal battle on Tuesday in Cape Verde. The Atlantic island country’s Constitutional Court ruled there was nothing untoward about the detention in June last year of Alex Saab, who
An executive with responsibility for Apple’s secretive car project has left for Ford in a stinging departure that potentially spells the end of the iPhone maker’s automotive ambitions. Doug Field, who joined Apple in 2018 as vice-president for special projects from Tesla, will become Ford’s chief advanced technology and embedded systems officer with immediate effect,
Despite stagnating business and the dwindling number of insurance-owned wealth managers, a midsize firm is trying to catch up with its advisory-focused rivals and start growing again. Penn Mutual Life Insurance hired veteran wealth management executive Aaron Gordon to be president of its independent broker-dealer, Hornor, Townsend & Kent, after a shakeup of its executive
Barrick Gold (GOLD) is a Canadian mining company, and one of the world’s largest producers of gold. The mining house also produces copper, which has added significant value to top-line growth in recent years. I’m bullish on the stock. (See GOLD stock charts on TipRanks) Performance, Valuation Metrics Barrick Gold has surprisingly underperformed over the
In this article PPG MRK SPOT MTCH Mario Tama | Getty Images News | Getty Images Check out the companies making headlines in midday trading. Spotify — The streaming company saw shares rise 2.2% after KeyBanc upgraded Spotify to overweight from sector weight. The firm said in a note to clients that the company was
Sharing is Caring! by Lance Roberts Just recently in our “Daily Market Commentary” (subscribe for free), we discussed Wall Street setting its sights on S&P 5000. “Wells Fargo’s Chris Harvey raised his year-end S&P 500 price target to 4,825 from 3,850, as reported by Bloomberg’s Lu Wang. This move follows a weekend note by David Lefkowitz, head of equities
Traders were caught flat-footed on Sept. 7 after a sharp collapse in the price of Bitcoin saw the digital asset fall below $43,000 and this led to widespread liquidations in derivative markets as more than $3.54 billion was liquidated. Amount of Liquidations in the past 24 hours by exchanges in total $3.54 was liquidated! In the
Dave Panozzo is the co-founding owner of The Panozzo Team-HomeSmart, a real estate team in Phoenix, Arizona. Can you imagine how frustrating it is to be a buyer in this sellers’ market, continuously having your offers on multiple listings beat out? This may have happened to you recently, especially if you happen to be a first-time
Westend61 Forty-eight percent of renters worry they won’t be able to buy a home during their lifetimes, according to a new Lending Tree survey. That concern is largest among renters in Generation X (41 to 55 years old) and millennials (25 to 40 years old). To that point, 55% of Gen X renters and 52%
The financial asset services platform Matrixport has introduced a variety of new products since the firm raised $100 million in a Series C financing round during the first week of August. Following the launch of the company’s “ETH2.0 Staking Earn” earning service, Matrixport has introduced another service product called “BTC-U Range Sniper” which allows traders
(Bloomberg) — An Australian prospector is aiming to tap into what it says is a robust long-term demand outlook for silver, a key ingredient in solar panels. Silver Mines Ltd.’s Bowdens project in New South Wales — set to start operations in 2023 — will have an initial output target of 6 million ounces a
The gold miners’ stocks suffered a rough summer, getting hammered lower as… by Adam Hamilton of Zeal LLC The gold miners’ stocks suffered a rough summer, getting hammered lower as collateral damage on gold-futures speculators fearing Fed tightening. That heavy gold-stock selling certainly wreaked havoc, leaving overwhelmingly-bearish sentiment in its wake. But the unloved and
There’s more to finding a mortgage lender than simply securing the lowest interest rate. Just ask Professor of Business Administration at the University of Virginia Darden School of Business Elena Loutskina, who told Investopedia recently, “If the consumer wants to be protected, it’s the education that’s the most important thing.” Loutskina spoke at length about
Tens of thousands of Brazilian president Jair Bolsonaro’s supporters gathered in the country’s biggest cities for demonstrations on Tuesday aimed at galvanising support for the populist leader. The rallies, which took place in the capital, Brasília, and financial centre São Paulo, came as Bolsonaro fired up his base in recent months with an aggressive campaign
SoftBank’s investment focus is on new technology. But legacy telecoms continue to bolster the fortunes of the Japanese investment group, as a big share deal on Tuesday illustrated. This has strengthened prospects for share buybacks, lifting SoftBank’s stock by a tenth. A share swap with Deutsche Telekom is not an immediate cause for rejoicing. Transacted
The ADR (American depositary receipt) of Chinese EV giant Nio (NIO) is under pressure, as near-term supply-chain issues are leading investors to liquidate their holdings. TipRanks’ Stock Investors tool indicates that investors currently have a Very Negative outlook on Nio ADR, with 3.7% of investors who hold portfolios on TipRanks decreasing their exposure in the past 30
In this article SPOT 9618-HK MRNA BA Check out the companies making headlines before the bell. JD.com (JD) — Shares of JD.com gained 1.4% in early morning trading after the Chinese e-commerce giant appointed a new president. The company’s founder and CEO Richard Liu is stepping back from day-to-day operations, while Xu Lei, previously CEO
Amid El Salvador officially accepting Bitcoin (BTC) as legal tender today, the Russian government has reiterated its negative stance to a scenario where BTC could be accepted as an official currency. Dmitry Peskov, the official representative of Russian President Vladimir Putin, claimed that Russia has no reason to recognize Bitcoin as legal tender, local news
FTX, a spot and cryptocurrency exchange, announced the launch of an NFT marketplace on its trading platform today. According to the information provided by CEO Sam Bankman-Fried, the marketplace will be available both for customers in the U.S. and in other locations. FTX is likely trying to capitalize on the popularity of these instruments, which
Readers, when I first read that retirees and employees in the Chicago Police pension system were pursuing a “forensic audit,” that seemed like nothing more than wishful thinking. It seemed plainly obvious that the plan’s massive underfunding was explained by the lack of a commitment to fund the plan properly, and by years of delusion
While China won both the total- and gold-medal counts for the fifth summer Paralympic Games running, the United States had its own top-three finish worth celebrating in Tokyo. The U.S. contingent was third in the race for most golds, its highest finish in that category since Beijing 2008. Since leading both the total and gold
Central banks are not going to cut back the money printing. Just the opposite… Marc Faber interviewed on USA Watchdog by Greg Hunter Legendary investor, economist and market forecaster Dr. Marc Faber thinks central banks (CB) are not going to cut back the money printing. Just the opposite. He predicts CBs are going to print even
Investors who want to own stocks in the technology sector may decide to buy exchange-traded funds (ETFs) that track the Nasdaq. When investors refer to the Nasdaq, they typically refer to the tech-heavy Nasdaq Composite Index, which is composed of more than 2,500 companies. Companies in this group vary widely in size and quality, including struggling
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